Senior Director Accounting​/Finance

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.

The Senior Director Accounting/Finance provides strategic and operational leadership for accounting, financial close, statutory and regulatory reporting, and financial systems activities. The role ensures accurate, timely, and compliant financial information across multiple ledgers and legal entities while maintaining strong accounting governance and controls. The Senior Director partners with actuarial, operations, treasury, technology, FP&A and business leaders to evaluate financial results, resolve complex issues, and support informed decision-making.

The position supports significant platform implementations and process changes, including financial design, testing, reconciliation, and issue resolution. The role also leads and develops the finance team by establishing priorities, coaching team members, and promoting accountability and continuous improvement.

• Lead the monthly close process and coordinate close calendars, task lists, cutoffs, accruals, actuals loads, and multi-ledger activities.
• Oversee recurring and manual journal entries, account reconciliations, consolidations, eliminations, and intercompany settlements.
• Review financial results, flux and variance analyses, issue logs, and remediation activities to maintain accurate and timely reporting.
• Maintain accounting governance across ledgers, including chart-of-accounts and vendor-to-P&L mapping standards.
• Communicate financial results, risks, and recommendations to leaders and stakeholders with varying levels of financial expertise.
• Premium, Claims Reserve, & Finance Operations
  • Direct premium, subsidy, self insured, and claims-reserve accounting and reconciliation
  • Partner with actuarial and pharmacy stakeholders to evaluate assumptions, entries, trends, and emerging financial issues.
  • Oversee broker commissions, vendor payments, invoice matching, ledger posting, and payment reconciliation controls.
• Statutory, Regulatory, & Audit Reporting
  • Own Medicare Cost Reports, supplemental schedules, statistical reporting, and other state and federal regulatory deliverables.
  • Direct CMS reporting activities, including APTC, PPR, and risk-adjustment reporting and related reconciliations.
  • Support year-end financial statement audit and respond to external and regulatory audit
  • Ensure submissions are accurate, timely, complete, and supported by appropriate documentation and controls.
• Support finance work streams for major platform implementations or integrations
• Direct financial-process design, account and vendor mapping, testing, data validation, reconciliations, and control development.
• Coordinate issue identification, escalation, resolution, and readiness activities across Finance, Technology, Operations, and vendors.
• Establish sustainable post-implementation processes and monitor results to address gaps
• People Leadership:
  Leads and develops employees to achieve business objectives while fostering an inclusive, compliant, and performance-driven work environment
  • Sets clear expectations, provides ongoing coaching and feedback, and supports employees' professional growth
  • Ensures compliance with company policies, employment laws, and HR programs
  • Promotes engagement, collaboration, and accountability while aligning team outcomes with organizational goals
  • Provides strategic leadership and people direction by setting vision, developing talent, and ensuring organizational effectiveness, compliance, and alignment with enterprise priorities

• Bachelor's degree with preference in Accounting, Finance, Business, or a 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

• 5+ years in a leadership position in a large accounting team

  Health insurance industry experience