Finance Manager - Remote

Finance Manager

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.

OptumRx is looking for a Finance Manager to support the Clinical and PBM Operations teams. This position is an integral part of the PBM Finance team providing financial support and leadership to our business partners which includes SG&A management including cost management, monthly reporting, month-end close, forecasting/budgeting activities, cost metrics, and revenue reporting.

You'll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Primary Responsibilities:

• Report timely and accurate SG&A expenses, FTEs, cost metrics, and service revenue. Update monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year.
• Improve financial and operational performance by analyzing results, monitoring variances, identifying trends, and recommending actions to management
• Provide alternatives and recommendations to reduce costs and improve financial performance, and operational efficiencies and metrics
• Create, build, and maintain financial metrics dashboards to track performance targets and business objectives
• Prepare pre-estimates and FTE and expense estimates throughout the monthly close process
• Manage cost center expenses including preparing operating expense accruals, journal entries, and robust variance explanations compared to budget/forecast
• Prepare and present PowerPoint slides for reviews with business partners and finance teams. Support departments and budget owners in operating expense management, forecasting/plan and actual spend tracking
• Identify opportunities to streamline processes and increase efficiency
• Track and report on cost management initiatives and risks
• Partner with Accounting, FP&A team, and other Finance team members to review and summarize monthly results

Forecasting and Budgeting:

• Ensure financial commitments versus budget are achieved in partnership with business leaders. Be proactive in identifying and highlighting risks and opportunities timely
• Develop and maintain detailed financial forecasting/budgeting models for FTE planning, expenses, service revenue, and key metrics. Identify key business drivers and dependencies and provide recommendations for improvement
• Load budget and forecast operating expenses and FTEs in Hyperion Essbase
• Automate and streamline financial reports to clearly communicate actual results, forecasted performance, and variances to plan, forecast and budget
• Review and support all cost management tracking and risks
• Prepare and summarize Proforma P&Ls that includes service revenue driven by business leaders
• Review and approve capital project benefits and ROI
• Manage expense allocation percentages reported to product P&Ls and understand key drivers and changes
• Seek out and collaborate with business partners and sister divisions to incorporate business changes and interdependencies into forecast projections

Ad Hoc:

• Review and approve staffing requisitions
• Assist Finance leadership with ad-hoc financial reporting & analysis projects, and PBM operating expense & FTE consolidated reporting

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• Bachelor's degree in Finance or Accounting
• 5+ years of experience using solid financial acumen
• 5+ years of experience with Excel and PowerPoint, including financial modeling (creating graphs, pivot tables, VLOOKUP and charts)
• 1+ year of experience with Oracle Hyperion Essbase / Smartview Reporting
• 1+ year of experience collaborating with business partners to help support staffing models, etc.

Preferred Qualifications:

• MBA or CPA
• Experience with PeopleSoft, Ariba, Concur, and Microsoft PowerBI
• Ability to think outside the box, react quickly to urgent requests and seek solutions to overcoming obstacles
• Proven ability to meet tight deadlines in an environment with competing priorities
• Ability to thrive in a fast-paced and dynamic work environment
• Solid written and verbal communication skills
• Assertive, self-starting personality with a customer service attitude
• Ability to build productive working relationships
• Solid problem-solving, critical thinking, and investigative skills
• Ability to manage confidential information with discretion
• Experience working in a matrix environment, building relationships, and partnering with business leaders
• Detail-oriented and proven ability to meet strict deadlines with monthly and quarterly deliverables

Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $89,900 to $160,600 annually based on full-time employment. We comply with all minimum wage laws as applicable.

Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.

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 is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.

UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.