The Senior Financial Analyst will report to the Senior Director of Markets Finance and provide finance support to Medica Market Leaders. Medica’s Market Leaders develop and execute strategic growth plans for defined geographic regions across all product offerings.
The Senior Financial Analyst will be an integral partner with multiple Market Leaders within the company, and as such, will actively help them to evaluate existing markets/products, assist with defining, initiating, and tracking ad hoc short-term tactical actions that may be needed, and will partner continuously with the Market Leaders to establish long-term strategic plans and initiatives.
The Senior Financial Analyst will also be asked to routinely interface with various internal cross-functional partners and external strategic partners. The Senior Financial Analyst will be responsible for presenting financial performance to the leadership teams as well as to help formulate realistic go-forward strategies (could include traditional at-risk products and/or value-based products). The Senior Financial Analyst will often need to take lead on the collection and compilation of data within the company, partnering with key stakeholders to execute on strategic initiatives to improve financial performance.
Key Accountabilities:
- Partners with market leaders on the successful execution of Medica’s growth objectives for products being offered or proposed for given markets by providing financial analysis of potential growth opportunities based on modeling/data analysis.
- Serves as the primary financial partner for key strategic partners. Conducts in-depth financial analysis of relationships with key customers and providers to measure impact and progress toward achieving market revenue and membership goals and contributes this analysis to decision-making processes within the business.
- Interacts regularly with market leaders to set market share goals and create strategies for achievement. Also provides general finance support to Markets division, inclusive of pipeline management support.
- Monitors the overall business environment across relevant markets and shares insights with market leaders.
- Collaborates with internal stakeholders to develop plans around financial improvement initiatives pertaining to value based care arrangements.
Qualifications:
- Bachelor's degree in business, finance, or related required
- 7+ years related work experience required
- Healthcare experience preferred
- Experience working with capitated and value based care models preferred
Skills and Abilities:
- Proven experience collecting and analyzing financial data
- Experience in budgeting and financial forecasting processes within an organization
- Experience building complex, financial models to evaluate markets/opportunities
- Experience leading cross function projects/initiatives to improve business performance
- Experience providing financial support/analysis for sales and/or clinical teams/departments within an organization
This position is an Office role, which requires an employee to work from the designated office, Minnetonka, on average, 3+ times per week.
The full salary range for this position is $97,700 - $167,500. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data. In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.
The compensation and benefits information is provided as of the date of this posting. Medica’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.
Medica's commitment to diversity, equity and inclusion (DEI) includes unifying our workforce through learning and development, recruitment and retention. We consistently communicate the importance of DEI, celebrate achievements, and seek out community partnerships and diverse suppliers that are representative of everyone in our community. We are developing sustainable programs and investing time, talent and resources to ensure that we are living our values. We are an Equal Opportunity/Affirmative Action employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)
