Assistant Manager - Record To Report

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.

The OGA-CBRE Payment processing team prepares, reviews and maintains records of amounts owed and ensures prompt payment of invoices. This includes processing and verifying invoice coding of expenses, preparation of vouchers, and accounting approval of payments. The team reviews documents for accuracy and compliance with organization policy and regulatory guidelines including proper authorization, documentation, general ledger coding, correct amounts, and proper remittance. The team serves various business segments like UHG Corporate and CBRE Real estate Payments.

Primary Responsibilities:

• Invoice Processing
  • Invoice Processing - Expertise on end-to-end invoice process "Spend Management" tools like ERP Concur, Ariba & Peoplesoft etc, establishing remittance date, approving invoices & recording general ledger
  • Document validation - Review & analyze discrepancies in rejected Invoices & inquire for missing information with sourcing teams/vendors
  • Peoplesoft Payment Uploads - Generating payment batches to vendors on a routine schedule, ensuring corresponding backup for review & timely follow up completion for missing batches
  • Ageing - Prepare & consolidate aged Invoices, and complete analysis in collaboration with Onshore partner to reduce Invoice Ageing & Closure of Invoices
  • GL Coding - Processing Non-PO invoices through standard procedure and exceptional handling process following DOA and manually processing transaction entry in GL
• Payment Reconciliation

• Prepare AP aging reports, payment summaries, and reconciliation statements. Ensure timely review, reconciliations with vendor invoices/statements and clearance in subsequent period for control accounts
  • Prepare and post monthly Journal Entries (JEs) including accruals, prepaids, reclassifications, and adjustments as per accounting policies
  • Validate JE support documentation and ensure compliance with internal controls and audit requirements
  • Review, analyze, and reconcile key GL accounts, including expense GLs, AP-related accruals, and clearing accounts (GR/IR, Un-invoiced Receipts)
• Assist in month-end closing activities by ensuring all invoices are posted and payments are recorded
  • Calibration with onshore partners to resolve Invoicing issues & ensure timely processing

• Bachelor's degree in Bcom, Finance
• 4+ years of experience in Accounts Payable, preferably with exposure to PeopleSoft, Ariba, and Concur
• Solid understanding of accounting principles and financial controls
• Proficiency in MS Excel and ERP systems
• Proven excellent communication and problem-solving skills