Sr. Finance Business Partner, Strategic Investments

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.

This role serves as a senior strategic finance partner supporting investment decisions across key transformation and strategic initiatives. The position partners closely with business and finance leadership to evaluate opportunities, develop business cases, assess financial and operational tradeoffs, and provide decision support on capital allocation, ROI, and long-term value creation. This leader brings strong executive presence, business acumen, and the ability to translate complex analysis into clear recommendations that influence strategic decisions. Performs other duties as assigned.

Key Accountabilities

Business Partnership

• Serve as a strategic finance advisor to business leaders on capital allocation, investment prioritization and decision making
• Partner with business and transformation leaders to define key performance indicators, value drivers, and assumptions underlying business cases

• Support cross-functional teams with financial insights for decision making
• Facilitate cost-benefit analysis discussions that translate operational strategies into clear financial recommendations

• Drive alignment on performance measures and value realization metrics to support informed decision-making
• Lead post-implementation financial reviews to assess business outcomes, ROI, and lessons learned
• Present financial insights and recommendations in monthly business reviews with program and finance leadership

Financial Planning & Analysis

• Lead financial planning and forecast discussions for strategic programs in partnership with business leaders, FP&A, and finance leadership
• Own rolling forecasts for assigned programs, including risks, opportunities, and scenario-based outlooks
• Develop and refine financial models to assess ROI, payback, affordability, and strategic value of investment opportunities
• Perform scenario, sensitivity, and tradeoff analysis to inform strategic choices and resource allocation
• Partner with accounting and program leadership to optimize capitalization treatment and financial transparency
• Oversee program spend to ensure compliance with applicable accounting policies, financial controls, and regulatory requirements, including accruals, FTE alignment, and cost allocation

Reporting & Insights

• Deliver executive-ready financial insights on program performance, forecast changes, and emerging risks/opportunities
• Provide clear monthly reporting that connects actuals, forecast, and budget to strategic outcomes
• Synthesize financial results into actionable recommendations for business and finance leadership
• Ensure governance materials are complete, accurate, and decision-ready in advance of leadership review forums

Required Qualifications

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

Preferred Qualifications

• Experience partnering with senior leaders on strategic investments, prioritization, and resource allocation decisions
• Experience presenting financial recommendations and tradeoffs to executive leadership
• Demonstrated success translating complex financial and operational data into clear business insights

This position is an Office role, which requires an employee to work onsite at our Minnetonka, MN office, on average, 4 days per week.

The full salary grade for this position is $100,300 - $172,000. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $100,300 - $150,465. 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 base compensation, this position may be eligible for incentive plan compensation in addition to base salary. 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 are 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.

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.

We are an Equal Opportunity 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.