Sr. Finance Analyst

Medica•Minnetonka, MN

9d•Hybrid

About The Position

Medica is a nonprofit health plan serving more than a million members in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. The Finance Analyst III leads complex financial analysis, modeling, and forecasting to support strategic decisions and operational performance across the organization. Applying full professional proficiency and moderate decision-making authority, the role analyzes results, monitors trends, investigates variances, recommends actions to improve financial outcomes, and refines analytical methods, reporting tools, and team processes. The analyst also serves as a technical resource to colleagues, supports cross-functional initiatives, and contributes to team goals and financial planning. This is an office role requiring onsite work an average of three days per week. Candidates may be located near Medica’s offices in Minnetonka, Minnesota; Madison, Wisconsin; or St. Louis, Missouri. The full salary grade is $70,200–$120,400, with a typical hiring range of $70,200–$105,315. Salary placement depends on factors including education, experience, certifications or licensure, scope and responsibility, internal pay equity, and external market data. Medica does not offer work visa sponsorship; candidates must be legally authorized to work in the United States at the time of application.

Requirements

Bachelor’s degree in business, finance, or a related field.
At least five years of work experience beyond the degree.

Nice To Haves

Proven experience collecting and analyzing financial data.
Experience with organizational budgeting and financial forecasting processes.
Advanced Excel skills.
Accounting background.
Healthcare industry experience.

Responsibilities

Develop, maintain, and refine financial models to evaluate performance, assess scenarios, and support strategic and operational decisions.
Analyze financial results, identify performance drivers, and provide meaningful recommendations.
Investigate variances against forecasts, budgets, and historical trends, escalating significant issues when needed.
Present findings to leaders as actionable insights, using visualizations and narrative explanations where appropriate.
Support annual budgets and quarterly forecasts by preparing schedules, assumptions, and supporting analyses.
Validate inputs and assumptions for accuracy, alignment, and consistency with organizational expectations.
Model alternative scenarios to assess financial risks and opportunities and recommend adjustments as conditions evolve.
Collaborate with cross-functional stakeholders to gather data, refine assumptions, and establish a shared understanding of financial drivers.
Track actual performance against expectations, flag emerging trends, and provide timely stakeholder updates.
Conduct root-cause analysis for material variances and summarize financial impacts and underlying factors.
Maintain dashboards, reports, and scorecards communicating financial performance and operational insights.
Recommend metric enhancements or new indicators to improve visibility into financial health.
Translate financial data into operational insights and recommendations for business partners.
Participate in cross-functional projects, rigorously analyzing and clearly communicating financial implications.
Collaborate with Operations, Actuary, Product, and other departments to evaluate initiatives, interpret financial outcomes, and support business cases.
Communicate complex financial concepts clearly to non-financial partners.
Recommend improvements to financial processes, modeling approaches, and reporting tools to enhance accuracy and efficiency.
Develop templates, standardized methodologies, or automated solutions to streamline recurring work.
Review peers’ or junior team members’ work and provide feedback to improve quality and consistency.
Share best practices, informally mentor colleagues, and contribute to continuous improvement.
Perform other duties as assigned.