Finance Manager, Clinical FP&A

Medica•Minnetonka, MN

2d•$88,800 - $133,245•Hybrid

About The Position

The Finance Manager, Clinical is responsible for leading financial planning, budgeting, forecasting, reporting, and financial analysis activities that support clinical operations and healthcare service delivery. This role partners closely with clinical leadership, operational teams, and executive stakeholders to ensure financial performance, regulatory compliance, cost management, and informed decision-making across clinical programs and departments.

Requirements

Bachelor's degree or equivalent experience in a related field
7+ years of work experience beyond degree
Advanced proficiency in Microsoft Excel and financial reporting tools.
Strong communication, presentation, and stakeholder management skills.
Eligibility to work in the US: Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.

Nice To Haves

Master's degree (MBA, MHA, or related field).
CPA, CMA, HFMA, or other relevant professional certification.
Strong financial modeling, budgeting, forecasting, and analytical skills.
Experience with healthcare reimbursement models, revenue cycle management, and clinical productivity metrics.
Knowledge of healthcare regulatory requirements and industry benchmarks.
Experience with ERP, EHR, and financial planning systems.
Experience supporting clinical operations, healthcare organizations, hospitals, physician groups, or healthcare systems.

Responsibilities

Lead annual budgeting, monthly forecasting, and long-range financial planning processes for clinical operations.
Analyze financial performance, identify trends, and provide actionable recommendations to improve efficiency and profitability.
Develop and maintain financial models to support strategic initiatives, business cases, and operational decisions.
Monitor clinical department budgets and provide variance analysis against budget, forecast, and prior-year performance.
Partner with clinical leaders to evaluate staffing models, productivity metrics, and resource utilization.
Assess the financial impact of new clinical programs, services, and operational initiatives.
Support cost containment strategies while maintaining quality patient care and regulatory compliance.
Provide financial guidance on capital investments, equipment purchases, and clinical program expansions.
Prepare and present monthly, quarterly, and annual financial reports to leadership.
Develop dashboards and key performance indicators (KPIs) related to clinical operations, labor costs, revenues, and productivity.
Analyze reimbursement trends, payer mix, revenue cycle performance, and operational expenses.
Deliver insights and recommendations to support data-driven decision-making.
Ensure compliance with organizational financial policies, healthcare regulations, and accounting standards.
Support internal and external audits and provide required financial documentation.
Maintain strong financial controls and risk management practices.
Assist in implementing and improving financial processes and reporting systems.
Build strong relationships with clinical, operational, and administrative stakeholders.
Mentor and support finance team members as applicable.
Lead cross-functional projects involving finance, clinical operations, and organizational strategy.
Drive continuous improvement initiatives across financial and clinical processes.