Associate Director, Finance

Optum is a global organisation 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 diversity and inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health equity on a global scale. Join us to start Caring. Connecting. Growing together.

About the Role:

As a Fortune 5 business, we’re one of the world’s leading healthcare companies. There are no limits here on the resources you’ll have or the challenges you’ll encounter.
We have been supporting global healthcare systems from Ireland and the UK for more than 20 years, building a dynamic and diverse team of more than 2,100 talented individuals. With a continued record of growth and stability, we’re on the constant lookout for fresh talent to join our expanding teams.

As an Associate Director, Finance you will lead the OptumRx Discount Reconciliation team in generating client discount reconciliations delivering timely and accurate contractual performance results. This role is responsible for leading the team which generates client guarantee reconciliations, interpreting client contracts and implementing those terms, maintaining reconciliation code, analyzing outcomes and providing insights, supporting client discount audits, and collaborating with other teams as needed. In addition, the leader will support the Network team in delivery of Network Margin performance and analytics.

Working Schedule:

This is a full-time position with standard working hours of Monday to Friday. Due to the nature of the role and the team you are leading being based in the US there is a requirement to be flexible. Occasional after-work hours may be required to support operational needs.

Careers with Optum offer flexible work arrangements and individuals who live and work in the Republic of Ireland will have the opportunity to split their monthly work hours between our Dublin or Letterkenny office and telecommuting from a home-based office in a hybrid work model.

Primary Responsibilities of the Associate Director, Finance:

• Lead team which prepares client pricing reconciliations through contract interpretation, financial modeling, and data analysis in support of OptumRx’s client pricing commitments for 3,000 + clients
• Serve as critical interface with account management, contract management, pharmacy accounting, and legal teams in support of meeting client contractual pricing commitments and influencing change in future client contracts
• Deliver timely client reconciliations based upon contractual turnaround times and requests submitted by account management
• Prepare approval requests to Executive leaders with sufficient background and financial impact analysis with rapid response times needed
• Identify opportunities to improve financial performance optimization through consistent and thorough trend analysis of contractual discount guarantee results
• Manage current financial reporting process to ensure timely and accurate delivery of financial results to multiple business partners
• Clearly communicate results, forecasted performance, and variances to budget, forecast, etc.
• Produce clear, well-formatted reports that communicate a compelling message for their stakeholders (through reconciliations / Network Margin requests)
• Support preparation for earnings release, investor conference, business planning etc. as well as various ad hoc requests and special projects
• Support Client Audit teams in responding to audit inquires and request with ad-hoc analysis
• Seeks out new opportunities for continuous improvement and efficiency

You will be rewarded and recognised 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 providing development for other roles you may be interested in.

Required Qualifications of the Associate Director, Finance:

• BS/BA in accounting, finance or equivalent field
• Proven progressive work experience in finance and accounting
• Previous leadership experience – this role involves leading a team of remote workers
• Experience preparing financial presentations and commentary
• Demonstrated ability to work in a matrix environment and effectively influence others
• Proven solid written and verbal communication skills

Preferred Qualifications Associate Director, Finance:

• Previous PBM experience
• Solid quantitative and analytical skills, complimented by an entrepreneurial and growth-oriented mindset
• Leading a team of remote workers
• High degree of initiative and self-motivation
• Proven success functioning in a dynamic professional environment where the responsibilities change regularly
• Experience using Microsoft PowerBI, Databrick, Tableau

Please note you must currently be eligible to work and remain indefinitely without any restrictions in the country to which you are making an application. Proof will be required to support your application.

All telecommuters will be required to adhere to the UnitedHealth Group’s Telecommuter Policy.

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 marginalised 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.
Diversity creates a healthier atmosphere: Optum is an Equal Employment Opportunity employer and all qualified applicants will receive consideration for employment without regard to gender, civil status, family status, sexual orientation, disability, religion, age, race, and membership of the Traveller community, or any other characteristic protected by law. Optum is a drug-free workplace. © 2024 Optum Services (Ireland) Limited. All rights reserved.

#RPO