Operating Expense Management Senior Director - Eden Prairie, MN

Posted 5 Days Ago
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Eden Prairie, MN, USA
In-Office
159K-273K Annually
Senior level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
The Role
Leads operating expense management and serves as financial advisor to Optum Technology and senior leadership. Oversees budgeting, forecasting, reporting, P&L management, cost optimization, financial modeling, controls, and process improvements. Drives AI-enabled analysis, automation, enterprise transformation, and planning enhancements while managing finance teams, developing leaders, and influencing cross-functional decision-making.
Summary Generated by Built In
Requisition Number: 2388032
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.
Reporting to and partnering with the Optum Operating Expense Management Senior Vice President, the Optum Operating Expense Management Senior Director will play a key role as the financial advisor and strategic business partner driving financial administration, budgeting/planning/forecasting, analysis/modeling, involvement in capital planning, etc. as well as helping with business strategy and decision support. The role will be an advisor to both senior operating and finance leadership responsible for evaluating and assisting with financial plans. The role will also be responsible for overseeing finance staff.
Primary Responsibilities:
Finance Lead of Optum Technology
  • Manage team that is accountable for Optum Technology financials, responsible for financial oversight, accuracy, business support, forecasting and reporting, and overall P&L IOI management
  • Demonstrated ability to manage end-to-end ownership of financials (budgeting, forecasting, etc.) and monthly reporting processes
  • Develop solutions to complex financial issues. Provide business recommendations and solutions based in sound financial principles and robust financial modeling
  • Possess solid financial skills: Applying financial rigor leveraging key metrics, activity-based costing, cost allocations
  • Demonstrated effectiveness working across a highly matrixed organization influencing business leaders and driving decision-making and action utilizing financial skills and business acumen
  • Understand and synthesize complex strategic business and financial information from an end-to-end perspective and translate into succinct, easy to understand and actionable information on the impacts to the overall financial picture of the Optum business
  • Proven ability to implement new financial processes in an ever-changing environment, understanding how technology is advancing and financial implications of those advancements
  • Develops solid relationships across the business by proactively meeting with key leaders within Technology, Finance, Accounting, and local business teams
  • Perform ad-hoc financial and operational analyses to support cost optimization and strategic decision-making

Planning Process Enhancement & Optimization
  • Drive system and process improvement initiatives to enhance financial and operational efficiency
  • Collaborate with cross-functional teams to implement technology and process upgrades
  • Establish policies, procedures, and internal controls for consistent financial reporting

Foster AI Advancement
  • Lead the advancement of AI-driven analysis and reporting, transition more team time to strategic business support and away from data collection
  • Self-starter in AI and technology advancement

Team Leadership & Development
  • Foster a high-performance culture that emphasizes collaboration, accountability, and continuous improvement
  • Lead and guide larger, cross-divisional teams, even those outside of your direct span of control, to ensure alignment with organizational goals and objectives
  • Implement strategies to enhance team performance and drive innovation across various departments
  • Mentor and develop a team of managers and financial Analysts and help them to create solutions to problems. Set team direction, resolve problems, and provide guidance to team members

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, accounting, or related field
  • 10+ years of progressive experience in financial planning, accounting, internal controls, financial analysis
  • 4+ years of progressive leadership experience, with a proven track record of leading high-impact teams, driving enterprise-level financial strategy, and influencing cross-functional decision-making in a complex organizational environment
  • Proven deep understanding of accounting principles, financial systems (e.g., Essbase, Peoplesoft)
  • Proven solid analytical, communication and stakeholder management skills
  • Demonstrated ability to identify and solve complex business problems and solid analytical skills with ability to drive transformational change
  • Experience leading enterprise-wide transformation and change including automation, advanced analytics, and tools to enhance forecasting and decision-making
  • Demonstrated experience setting vision and delivering on an Operating Cost Management Model
  • Demonstrated exceptional business and financial insight. Capable of foreseeing and recognizing planning, forecasting, and operational challenges; assessing their impact and devising and executing effective action plans

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 $159,300 - $273,200 annually based on full-time employment. We comply with all minimum wage laws as applicable.
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.

Skills Required

  • Bachelor's degree in finance, accounting, or a related field
  • 10+ years of progressive experience in financial planning, accounting, internal controls, or financial analysis
  • 4+ years of progressive leadership experience
  • Experience leading high-impact teams and enterprise-level financial strategy
  • Experience influencing cross-functional decision-making in complex organizations
  • Deep understanding of accounting principles and financial systems such as Essbase and PeopleSoft
  • Strong analytical, communication, and stakeholder management skills
  • Ability to identify and solve complex business problems and drive transformational change
  • Experience leading enterprise-wide transformation and change involving automation, advanced analytics, and forecasting tools
  • Experience setting a vision and delivering an operating cost management model
  • Exceptional business and financial insight, including planning, forecasting, and operational challenge management

What the Team is Saying

Optum Compensation & Benefits Highlights

  • Parental & Family Support Paid parental leave (six weeks), paid caregiver leave (up to two weeks), Bright Horizons back-up care, and adoption assistance up to $10,000 are prominently included. Feedback suggests these family supports meaningfully aid work-life balance and are often highlighted as strengths.
  • Retirement Support A 401(k) with company match is available to all employees, including part-time staff, alongside other financial protections like disability and life insurance. Feedback suggests broad access and matching make retirement support a core pillar of the package.
  • Equity Value & Accessibility An Employee Stock Purchase Plan offers discounted company stock, with some roles also eligible for sign-on or performance bonuses. Feedback suggests the ESPP is a standout financial perk that helps employees build ownership over time.

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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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