Accounting Manager - Remote - Minnetonka, MN or Cypress, CA preferred

At UnitedHealthcare, we're simplifying the health care experience, creating healthier communities and removing barriers to quality care. The work you do here impacts the lives of millions of people for the better. Come build the health care system of tomorrow, making it more responsive, affordable and optimized. Ready to make a difference? Join us in making healthcare work better for everyone through people-led, responsible AI while Caring. Connecting. Growing together.

The Capitation Accounting Manager is responsible for leading a team of accounting professionals and overseeing the accounting, financial reporting, and close activities related to delegated payment arrangements. This role ensures the accuracy and integrity of financial results through effective management of general ledger accounting, account reconciliations, financial analyses, and compliance with generally accepted accounting principles (GAAP), company policies, and regulatory requirements.

The position plays a key role in the monthly, quarterly, and annual close processes, financial reporting, audit support, intercompany accounting, and continuous process improvement initiatives. The successful candidate will provide leadership, technical accounting expertise, and strategic insights to support business objectives while maintaining a solid control environment.

*Employees in jobs labeled with 'SCA' must support a government Service Contract Act (SCA) agreement.

You'll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. The preferred locations for this position are Cypress, CA, or Minnetonka, MN. Employees whose primary residence is located within the designated commuting area of the Cypress, CA, Minneapolis, MN, or Washington, D.C. offices, regardless of city of residence, are required to work in the office a minimum of four days per week.

Primary Responsibilities:

• Lead and develop a team of Capitation Accountants, providing guidance, coaching, and oversight to ensure high-quality deliverables and professional growth
• Oversee the monthly financial close process for assigned areas, ensuring the accuracy, completeness, and timeliness of financial statements and related reporting
• Review and approve journal entries, account reconciliations, and supporting analyses. Investigate and resolve reconciling items, including subledger-to-general ledger differences
• Prepare, validate, and maintain monthly, quarterly, and annual general ledger reporting related to delegated payment arrangements
• Perform and review variance analyses to identify and explain fluctuations, emerging trends, and deviations from budget/forecast, while providing actionable insights and recommendations
• Conduct research and analysis to identify trends, anomalies, risks, and opportunities for process improvements and enhanced financial controls
• Collaborate with UHG affiliate companies to manage the accounting and reporting of capitation-related payments, accruals, receivables, and intercompany balances, ensuring accurate intersegment accounting, financial reporting, and reconciliation of outstanding items
• Manage internal, external, and regulatory audit activities, including the preparation of schedules, supporting documentation, and responses to auditor inquiries
• Provide operational and technical accounting expertise to ensure compliance with GAAP, company policies, regulatory requirements, and applicable laws
• Communicate financial information and business impacts effectively to leadership through clear analysis, reporting, and presentations
• Partner with cross-functional teams to support strategic initiatives, process enhancements, system implementations, and other special projects related to capitation accounting and reporting
• Drive continuous improvement initiatives that enhance financial controls, reporting accuracy, operational efficiency, and scalability
• Lead and facilitate monthly operational and financial meetings with business partners and internal stakeholders to review membership changes, capitation payment activity, expense trends, and other current-period issues impacting financial results, ensuring timely identification, resolution, and communication of key risks and variances

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 Accounting, Finance, or a related field; or equivalent combination of education and relevant accounting experience
• 3+ years of progressive accounting experience, including responsibility for month-end close, journal entry preparation and review, account reconciliations, and financial reporting
• Experience working with general ledger and subledger accounting systems in a complex business environment
• Solid understanding of U.S. Generally Accepted Accounting Principles (GAAP) and their practical application
• Intermediate or higher level of proficiency with Microsoft Excel

Preferred Qualifications:

• CPA designation and/or public accounting experience
• Experience within the healthcare, insurance, or managed care industry
• Experience with PeopleSoft Financials, Hyperion Smart View, BlackLine, or similar financial reporting and reconciliation tools
• Experience supervising, managing, and developing staff, including coaching, mentoring, performance management, and employee development within an accounting or finance environment
• Demonstrated ability to work independently while effectively collaborating in a team environment
• Demonstrated ability to effectively manage multiple priorities, meet deadlines, and adapt to changing business needs in a fast-paced environment
• Proven solid planning, organizational, and project management skills with exceptional attention to detail
• Proven excellent verbal and written communication skills, with the ability to effectively communicate financial information to various levels of management
• Proven analytical and problem-solving skills, including the ability to perform complex financial analyses and identify actionable solutions
• Proven self-motivated with solid time management skills and a demonstrated ability to drive results with minimal supervision

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy

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 $91,700 - $163,700 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 help make the health system work better for everyone. Together, we are shaping the future of healthcare by harnessing technology and innovation to make care simpler to navigate, more affordable and more connected for the people we serve. We are committed to creating an inclusive workplace where everyone feels welcomed, valued, heard and respected, empowering people to bring their authentic selves to work and strengthening our collective impact through diverse talents, backgrounds, experiences and perspectives.

UnitedHealth Group and its affiliated brands are 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 and its affiliated brands are a drug-free workplace. Candidates are required to pass a drug test before beginning employment.