Finance & Accounting Senior Director — Health Plan

Medica; Minnetonka (MN); On-site; USD 150,000 - 225,000; Full time

Benefits offered by this job

PTO

Holidays

401K

Job summary

Medica is a nonprofit health plan serving communities in Minnesota and beyond. The Senior Director Accounting/Finance provides strategic and operational leadership for accounting, financial close, regulatory reporting, and financial systems, partnering with actuarial, operations, treasury, technology, FP&A and business leaders to assess results and drive improvements.

The role directs the finance team, ensures governance and controls, and supports major platform implementations, testing and

Qualifications

• Bachelor's degree in Accounting, Finance, Business or closely related field.
• 12+ years of progressively responsible accounting or finance experience.
• 5+ years in a leadership position in a large accounting team; health insurance industry experience.

Responsibilities

• Lead monthly close process and coordinate close calendars, task lists, cutoffs, accruals, actuals loads, and multi-ledger activities.
• Oversee journal entries, reconciliations, consolidations, eliminations, and intercompany settlements.
• Review financial results, flux and variance analyses, issue logs, and remediation activities.
• Maintain governance across ledgers, including chart-of-accounts and vendor-to-P&L mapping standards.
• Communicate results, risks, and recommendations to leaders with varying financial literacy.
• Direct premium, subsidy, self-insured, and claims-reserve accounting and reconciliations.
• Oversee broker commissions, vendor payments, invoice matching, ledger posting, and payment controls.
• Own Medicare Cost Reports, CMS reporting, and audit deliverables.
• Support year-end audits and respond to external/regulatory audits.
• Lead finance platform implementations, including testing, data validation, and control development.
• Develop talent and promote accountability within the finance team.

Education

Bachelor's degree in Accounting/Finance/Business

Tools

Workday

Job description

Medica is a nonprofit health plan serving communities in Minnesota and beyond. The Senior Director Accounting/Finance provides strategic and operational leadership for accounting, financial close, regulatory reporting, and financial systems, partnering with actuarial, operations, treasury, technology, FP&A and business leaders to assess results and drive improvements.

The role directs the finance team, ensures governance and controls, and supports major platform implementations, testing and