Sr. Financial Business Partner, Transformation

Medica•Minnetonka, MN

2d•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. Analyze financial data by collecting, monitoring and creating financial models for decision support. Improve financial status by analyzing results; monitoring variances; identifying trends; recommending actions to management. Assist with annual and quarterly forecasting. Performs other duties as assigned.

Requirements

Bachelor's degree or equivalent experience in related field
8 years of work experience beyond degree in progressively more responsible finance roles

Nice To Haves

Experience preparing and presenting financial data to executives.
Demonstrated ability to make thoughtful, data-driven decisions.
Ability to acted in a trusted advisory role, operating as a finance partner for business leaders.

Responsibilities

Act as a trusted advisor on capital allocation and investment decisions.
Partner with business leaders and transformation team to understand and document KPIs driving CBAs, which feed into the business cases.
Support cross-functional teams with financial insights for decision making.
Run CBA meetings to create a financial case that tells a comprehensive cost/value story that can drive decisions.
Incorporate KPIs and measurements into the CBA and drives appropriate conversations.
Create financial analysis for post-implementation reviews.
Run Finance portion of monthly business reviews for each program.
Lead program budget conversations with business partners, cross-functional FP&A partners and finance leadership.
Own rolling 12 month forecast programs, including a risk & opportunity schedule for each program.
Develop financial models to assess ROI, payback and program visibility using the CBA template as a guide.
Conducts scenario and sensitivity analysis to evaluate options.
Creates monthly accruals to ensure GAAP compliance.
Works with accounting and program teams to optimize capitalization for each program.
Reconcile FTE cost posting to programs.
Provides monthly financial performance data and insights to each program team.
Provides program level monthly cross walk to forecast and budget by WD6 to Capital Controller.
Provides variance analysis to MTT team.
Ensure financial information is complete and available for all governance meetings at least 7 business days before the meeting.