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Statutory Finance Senior Director

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Optum

1mo ago

  • Job
    Full-time
    Expert Level
  • Banking & Finance
  • Dublin

AI generated summary

  • You must have extensive experience in statutory finance, strong leadership skills, and a thorough understanding of financial regulations and compliance within the healthcare industry.
  • You will oversee statutory financial reporting, ensure compliance with regulations, lead financial audits, manage teams, and drive strategic financial initiatives within the organization.

Requirements

  • Required Qualifications:
  • Previous extensive experience in accounting, financial reporting, internal controls, and statutory requirements (or Master’s degree or professional certification equivalent (e.g., ACA, ACCA))
  • Big 4 / Multi-national experience
  • Strong technical accounting research skills and proficiency in financial reporting concepts
  • Excellent project management, organization, and communication skills
  • Demonstrated ability to manage multiple tasks/projects simultaneously and meet deadlines
  • Understanding and ability to differentiate key statutory and management concepts
  • Preferred Qualifications:
  • Ability to work independently and in a team environment
  • Ability to interpret and implement emerging accounting standards and regulations
  • Strong analytical and problem-solving abilities
  • Familiarity with international accounting standards and practices
  • Proficiency in financial reporting systems and tools
  • Ability to work independently and collaboratively in a fast-paced environment

Responsibilities

  • Coordinates and oversee the preparation and submission of accurate and timely statutory financial statements in compliance with US GAAP and IFRS requirements
  • Manages the process for filing reports, liaising with internal stakeholders and external auditors to ensure timely submission
  • Oversees the preparation of accounting memos, and documentation related to technical accounting considerations and transactions including quarterly financial summary data for management
  • Helps prepare internal and external financial statements to support corporate financial reporting requirements as well as local authority documents
  • Stays current with changes in Irish statutory finance and accounting standards and regulations; designs and implements necessary updates to policies and procedures.
  • Works closely with Optum U.S. finance leadership to implement consistent policies and standards across the new service lines and with modifications required by local regulations
  • Participates in monthly/quarterly/year-end close activities, including financial statement consolidations, and intercompany reconciliations
  • Coordinate the review of financial and accounting documents by management, legal counsel and independent auditors
  • Support internal and external audit engagements, providing necessary documentation and facilitating audit processes
  • Coordinate with international subsidiaries for filings and financial reporting, ensuring consistency and accuracy across entities
  • Perform other duties as assigned to support the financial operations of the organization

FAQs

What is the primary role of the Statutory Finance Senior Director at Optum?

The Statutory Finance Senior Director is responsible for overseeing statutory reporting requirements in Ireland, ensuring the accuracy and integrity of financial statements, managing audits, and ensuring compliance with local regulations and accounting standards.

What qualifications are required for this position?

Candidates should have extensive experience in accounting, financial reporting, internal controls, and statutory requirements, or possess a Master’s degree or professional certification equivalent (e.g., ACA, ACCA). Experience in Big 4 or multi-national environments is also preferred.

Are there specific skills that are emphasized for this role?

Yes, essential skills include strong technical accounting research abilities, excellent project management and organizational skills, effective communication, and the ability to handle multiple tasks/projects simultaneously.

Does the position allow for remote work?

Yes, the role offers flexible work arrangements, allowing individuals who live and work in the Republic of Ireland to split their monthly work hours between the Dublin or Letterkenny offices and telecommuting from a home-based office in a hybrid model.

What responsibilities are included in the Statutory Finance Senior Director’s role?

Responsibilities include coordinating the preparation and submission of statutory financial statements, managing the filing process with internal stakeholders and external auditors, preparing accounting memos, staying current with changes in regulations, and supporting internal and external audit engagements.

Is there an emphasis on diversity and inclusion at Optum?

Yes, Optum is committed to diversity and inclusion, stating that everyone deserves the opportunity to live their healthiest life and emphasizing the importance of mitigating barriers to good health for historically marginalized groups.

What is the importance of this role to the Optum network?

The Statutory Finance Senior Director plays a critical role in ensuring financial compliance and reporting accuracy within the organization, which directly supports Optum's mission of improving health outcomes and advancing health equity.

What are the preferred qualifications for the Statutory Finance Senior Director role?

Preferred qualifications include the ability to work independently and as part of a team, strong analytical and problem-solving skills, and familiarity with international accounting standards and financial reporting systems.

What kind of workplace culture can one expect at Optum?

Optum promotes a culture guided by diversity and inclusion, providing opportunities for career development and having a dynamic team focused on improving health outcomes for communities.

Is there a requirement for eligibility to work in the position?

Yes, applicants must be eligible to work and remain indefinitely without any restrictions in the country where they are applying, with proof required to support their application.

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

Optum is a health services and technology company that provides a wide range of solutions to improve healthcare delivery and outcomes. They offer services in healthcare management, data analytics, pharmacy benefit management, and technology solutions to healthcare providers, payers, employers, and government agencies. Optum's ultimate mission is to improve the health system's efficiency and effectiveness, creating a healthier world for everyone. Their purpose lies in collaborating with healthcare partners to address complex challenges, such as improving care coordination, reducing healthcare costs, and enhancing patient experiences. By leveraging data-driven insights and innovative technology, Optum aims to empower healthcare professionals and organisations to deliver high-quality, patient-centered care and drive positive healthcare outcomes for individuals and communities worldwide.

Culture & Values

  • Integrity

    Honour commitments. Never compromise ethics.

  • Compassion

    Walk in the shoes of people we serve and those with whom we work.

  • Relationships

    Build trust through collaboration.

  • Innovation

    Invent the future, learn from the past.

  • Performance

    Demonstrate excellence in everything we do.