Requisition number: 2349816
Job category: Finance
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 & Capital Management Senior Vice President, the Optum Operating Expense Management & Capital 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.
This position follows a hybrid schedule with four in-office days per week.
Primary Responsibilities:
Capital Finance Lead of Enterprise Capital Investments Portfolio
Manage team that is accountable for facilitating and deploying the Optum Capital Plan including effective prioritization and deployment of Capital Budget
Demonstrated ability to drive and manage the overall Optum capital planning (budgeting, forecasting, etc.) and monthly reporting processes
Responsible for oversight, improvement, deriving, forecasting and reporting of capital investments, benefits, and overall P&L management
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, Key metrics including ROI, IRR, Pay back, etc., capitalization and other GAAP accounting measures
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
Develops solid relationships across the business by proactively meeting with key leaders within Product, Finance, Affordability, IT, and committee governance members that facilitate financial planning, performance measurement, reporting, and analysis as well as devise, recommend, and implement strategies, plans, and processes to enhance profitability and cost efficiency
Perform ad-hoc financial and operational analyses to support cost optimization and strategic decision-making
System Enhancement & Optimization
Drive system 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 capital reporting
Develop and maintain costs allocation models
Capital Operating Model Transformation
Lead the transition of Optum's Capital operating model to adopt UnitedHealthcare's best practices, fostering enterprise-wide consistency, scalability, and performance improvement
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
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
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
Demonstrate 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 to $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.
