Manager, Treasury & Tax

Medica•Madison, WI

50d•Hybrid

About The Position

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for. We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration - because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm, and every member feels valued. The Manager, Treasury & Tax is responsible for overseeing Medica's treasury operations, including daily cash management, ACH and wire transactions, investment monitoring, and resolution of cash processing issues. This role ensures optimal cash flow and return on assets through effective forecasting and modeling, while maintaining compliance with internal policies and external regulations. The manager will lead a team responsible for treasury and tax functions, provide training on banking processes, and collaborate across departments to support payments such as payroll, broker commissions, and provider reimbursements. Strong communication and leadership skills are essential to drive process improvements and maintain high service standards. Perform other duties as assigned.

Requirements

Bachelor's degree in accounting or finance
Minimum of 7 years of relevant experience
Ability to model and forecast cash flow effectively
Strong analytical and problem-solving skills
High attention to detail and accuracy
Ability to lead and develop teams
Excellent organizational and time management skills
Ability to communicate across all levels of the organization
Commitment to continuous improvement and cost reduction

Nice To Haves

Experience in healthcare or insurance industry
Familiarity with NAIC reporting requirements
Prior experience with banking systems and fraud resolution
Supervisory experience
Treasury and tax experience
Proficiency in Microsoft Excel
Strong written, verbal, and interpersonal communication skills
Proven customer service orientation
Demonstrated leadership in a fast-paced environment
Experience managing multiple projects

Responsibilities

Oversee treasury functions including timely investment of excess funds, approval of wire/ACH transactions, and monitoring of deposits and cash balances.
Lead investment accounting and financial reporting, including daily cash projections and regulatory reporting (e.g., NAIC forms).
Manage Treasury and Tax staff, fostering strong internal and external relationships and driving process improvements.
Ensure compliance with tax regulations and Medica policies, including oversight of filings (990s, 1120s, 1099s) and coordination with internal audit.
Resolve banking and vendor issues, lead ad hoc projects, and develop documentation and plans to support business needs.