Assistant Manager - Collections

Noida, Uttar Pradesh
Permanent
Full-time

2 days ago

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.This is a core Finance & accounting role that requires experience and knowledge of Accounts Receivables, Cash Application, Deduction Management, AR Reconciliation and reporting etc.Primary Responsibilities:

Maintain B2B collection portfolios within business standards
Resolving all aspects of outstanding receivables
Including but not limited to:

Collection of past due invoices
Resolution of credit balances
Continual reduction of past due aging
Research and resolve invoice discrepancies
Achieve collection metrics
Reconcile payment applications
Provide bad debt reserve recommendations
Respond timely to individual and shared mailboxes
Communicate effectively with internal and external customers
Provide aging reports and other data requested to business users
Collaborate with internal partners to resolve unpaid balances
Work independently and prioritize workload
Lead AR Review meetings
Analyzing aged receivables
Utilize reporting tools
Update manager with relevant business information
Document and maintain appropriate internal controls
Work within department service level agreements (SLAs)
Adhere to company values
Comply with the terms and conditions of the employment contract, company policies and procedures, and any and all directives (such as, but not limited to, transfer and/or re-assignment to different work locations, change in teams and/or work shifts, policies in regard to flexibility of work benefits and/or work environment, alternative work arrangements, and other decisions that may arise due to the changing business environment). The Company may adopt, vary or rescind these policies and directives in its absolute discretion and without any limitation (implied or otherwise) on its ability to do so

EligibilityTo apply to an internal job, employees must meet the following criteria:

Grade 24 and 25 can apply
24 will move to 25, Grade 25 will move laterally
Minimum duration of 12 months of continuous service in their current grade and position
Performance rating in the last common review cycle of "Meets Expectations" or higher
Not be on any active CAP (Corrective Action Plan) or active disciplinary action

Required Qualifications:

Commerce degree (B.com/M.com), Accounting, Finance, or related field preferred
4+ years experience in O2C involving Collections, Dispute resolution, AR reconciliations, billing, Write offs-On or other applicable area
Intermediate (or higher) level of MS Excel proficiency, including creating pivot tables, Lookups, conditional formatting for reporting purposes

Preferred Qualification:

Accounting background

At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone - of every race, gender, sexuality, age, location and income - deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

UnitedHealth Group

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