Lead Account Receivable Clerk

Reposted Yesterday
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Noida, Gautam Buddha Nagar, Uttar Pradesh, IND
In-Office
Mid level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
The Lead Account Receivable Clerk will manage accounts receivable records, resolve credit balances, ensure timely collections, and collaborate with internal teams while adhering to financial standards and SLAs.
Summary Generated by Built In
Requisition Number: 2362732
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.
Positions in this function prepare and maintain records of accounts receivable, including receipts, claims and overdue invoices. Applies all incoming cash receipts and wire payments to the appropriate general ledger accounts. Computes interest charges, processes refunds and related items. Performs periodic and month-end balancing and reporting activities.
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

Core Competencies:
  • Attention to detail, analytical mindset
  • Self-driven and team player
  • Focus on Customers
  • Good Interpersonal skills
  • Fair understanding of revenue flow and cash flow

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
  • Open for shifts: 15:30 to 01:00

Preferred Qualifications:
  • Pplsoft, SAP, Oracle Financial experience
  • Opportunity for a go-getter who is looking to grow within the organization
  • 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.

Skills Required

  • 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
  • Intermediate (or higher) level of MS Excel proficiency

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Healthcare Strength Health coverage offers copay and HSA medical options with dental, vision, company‑paid life and disability, and free or low‑cost virtual visits. Feedback suggests the offering is comprehensive and competitive on paper.
  • Parental & Family Support Time off and family supports include PTO, eight paid holidays plus a floating day, six weeks paid parental leave, up to two weeks paid caregiver leave, Bright Horizons back‑up care, and adoption assistance up to $10,000. Feedback suggests these resources are meaningful for caregivers and family needs.
  • Retirement Support Savings programs include a 401(k) with employer match (after one year, vesting after two) and a 10%‑discount Employee Stock Purchase Plan. These programs bolster long‑term financial security when combined with other savings resources.

Optum Insights

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The Company
HQ: Eden Prairie, MN
160,000 Employees
Year Founded: 2011

What We Do

Optum, part of the UnitedHealth Group family of businesses, 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. At Optum, we support your well-being with an understanding team, extensive benefits and rewarding opportunities. By joining us, you’ll have the resources to drive system transformation while we help you take care of your future. We recognize the power of connection to drive change, improve efficiency and make a difference in health care. Join a team where your skills and ideas can make an impact and where collaboration is key to creating technology that produces healthier outcomes.

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Optum Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Optum has three workplace models that balance the needs of the business and the responsibilities of each role. These models, core on‑site (5 days/week), hybrid (4 days/week) and telecommute or fully remote, vary by country, role and location.

Typical time on-site: Not Specified
HQEden Prairie, MN
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