Financial Consultant

Optum is hiring a Financial Consultant to support the Payment Integrity business with financial analysis, budgeting, planning, forecasting, modeling, and decision support. The role partners with finance, operations, and business leaders to assess performance, manage expenses, and provide insights for strategic and operational decisions.

Responsibilities

• Support monthly close, forecasting, capital planning, vendor expense management, FTE tracking, leadership reporting, cost management, and cost allocation processes
• Assist with operating expense management, forecasting, reporting, and analysis for the Payment Integrity business
• Analyze financial results, identify key expense drivers, and develop insights to support business recommendations and decision-making
• Build and maintain financial models to evaluate cost trends, productivity opportunities, business performance, and financial impacts
• Apply financial discipline using key metrics such as activity-based costing, cost allocations, operating cost ratios, revenue per FTE, cost to collect, and other operational performance measures
• Partner with finance, operations, and business stakeholders across a matrixed organization to support forecasting, planning, and cost management initiatives
• Synthesize complex financial and operational information into clear, actionable insights for senior finance and business leaders
• Perform ad hoc financial and operational analyses to support cost optimization, productivity improvement, and strategic business decisions
• Support system enhancement and process improvement initiatives that improve financial reporting, forecasting accuracy, and operational efficiency
• Collaborate with cross-functional teams to implement technology upgrades, improve reporting processes, and enhance cost allocation methodologies
• Develop, update, and maintain cost allocation models to support accurate expense reporting and business decision support
• Ownership of expense real-time forecasting results for products across Optum Insight segment (with focus on Administrative Solutions pillar)
• Development of analytics, including trend analysis and report building, to drive transparency and insight to results
• Development of productivity metrics
• Interface with business, finance and growth leaders to build relationships in support of real-time forecasting and influence change
• Ability to quickly assess areas of opportunity to leaders and present findings in a clear, meaningful manner
• Understand business drivers and metrics to assist in identification of expense and IOI trends
• Collaborate with cross-functional teams in conjunction with real-time forecast and budget Optum Insight Market and Analytics teams
• Collaborate with Business Unit Finance, FP&A, Accounting, and Revenue Analytics teams to identify best practices for forecasting, monitoring expenses and cost management scenarios, and trend analysis
• Working across finance teams to develop, recommend and establish strategies, plans, and processes to improve profitability and cost efficiencies
• Support Operations teams with ad-hoc scenario analysis and enhancement of productivity metrics to enable better business decision making

Preferred

• MBA or CPA
• MBA
• CPA

Benefits

• Comprehensive benefits package, subject to eligibility requirements
• Incentive and recognition programs, subject to eligibility requirements
• Equity stock purchase, subject to eligibility requirements
• 401k contribution, subject to eligibility requirements
• Weeks of on-the-job training
• Career development opportunities
• National remote telecommuting from anywhere within the U.S.; hires in Minneapolis, Virginia, Maryland, or Washington, D.C. are required to work in the office a minimum of four days per week

Company

• Health care services and prescription management
• Eden Prairie, Minnesota, USA
• https://nm.optum.com/
• Founded in 1985
• 10001+ employees

Qualifications

• Bachelor's Degree in Accounting, Finance, Economics or equivalent
• 3+ years of relevant financial analysis and strong analytic experience
• Advanced skills in Microsoft Excel, Microsoft PowerPoint and other technology tools
• Work experience anticipating accounting, financial reporting, forecasting and operational issues, assessing their implications and developing and implementing an appropriate action plan
• Excellent written and oral communication skills
• Comfortable with some level of ambiguity and persistence to find the right answer
• Experience working collaboratively and influence across a matrix environment to drive expense and cost management initiatives
• MBA or CPA

Required skills

• , Financial Analysis, Accounting, Financial Reporting, Forecasting, Microsoft PowerPoint, CPA

Preferred skills

• MBA or CPA

Experience

• 3+ years