Finance Manager - Remote

Finance Manager

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. OptumRx is looking for a Finance Manager to support the Clinical and PBM Operations teams. This position is an integral part of the PBM Finance team providing financial support and leadership to our business partners which includes SG&A management including cost management, monthly reporting, month-end close, forecasting / budgeting activities, cost metrics, and revenue reporting. You'll enjoy the flexibility to work remotely from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.

Primary Responsibilities :

• Month-end Close & Reporting :
• Report timely and accurate SG&A expenses, FTEs, cost metrics, and service revenue.
• Update monthly financial reports to clearly communicate actual results, forecasted performance, and variances to forecast, budget, and prior year.
• Improve financial and operational performance by analyzing results, monitoring variances, identifying trends, and recommending actions to management.
• Provide alternatives and recommendations to reduce costs and improve financial performance, and operational efficiencies and metrics.
• Create, build, and maintain financial metrics dashboards to track performance targets and business objectives.
• Prepare pre-estimates and FTE and expense estimates throughout the monthly close process.
• Manage cost center expenses including preparing operating expense accruals, journal entries, and robust variance explanations compared to budget / forecast.
• Prepare and present PowerPoint slides for reviews with business partners and finance teams.
• Support departments and budget owners in operating expense management, forecasting / plan and actual spend tracking.
• Identify opportunities to streamline processes and increase efficiency.
• Track and report on cost management initiatives and risks.
• Partner with Accounting, FP&A team, and other Finance team members to review and summarize monthly results.
• Forecasting and Budgeting :
• Ensure financial commitments versus budget are achieved in partnership with business leaders. Be proactive in identifying and highlighting risks and opportunities timely.
• Develop and maintain detailed financial forecasting / budgeting models for FTE planning, expenses, service revenue, and key metrics.
• Identify key business drivers and dependencies and provide recommendations for improvement.
• Load budget and forecast operating expenses and FTEs in Hyperion Essbase.
• Automate and streamline financial reports to clearly communicate actual results, forecasted performance, and variances to plan, forecast and budget.
• Review and support all cost management tracking and risks.
• Prepare and summarize Proforma P&Ls that includes service revenue driven by business leaders.
• Review and approve capital project benefits and ROI.
• Manage expense allocation percentages reported to product P&Ls and understand key drivers and changes.
• Seek out and collaborate with business partners and sister divisions to incorporate business changes and interdependencies into forecast projections.
• Ad Hoc :
• Review and approve staffing requisitions.
• Assist Finance leadership with ad-hoc financial reporting & analysis projects, and PBM operating expense & FTE consolidated reporting.

Required Qualifications :

Preferred Qualifications :

The salary for this role will range from $89,900 to $160,600 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.