Senior Financial Analyst

The Senior Financial Analyst role is a critical senior level professional role that will be accountable for developing, documenting and socializing to the organization the strategic advantages of implementing and following best practices related to third-party vendor engagements. As a result, duties require an ability to work independently, and to develop, conduct and maintain financial analysis capabilities to support vendor contracting. This includes but is not limited to production of financial reporting as a result of the Enterprise Sourcing Team's (EST) contract negotiations, collaboration with Medica Corporate and Divisional Finance organizations to confirm cost savings and cost avoidance results against forecast and/or budget, and delivery of monthly and ad-hoc financial reporting to leadership and the EST team. It is crucial that this individual be able to understand a wide variety of cost metrics that may be at issue across the Medica divisions in order to develop and track differing, and potentially complex financial models.

Produce and deliver additional miscellaneous work breakdown and financial reports that drive effective data driven decision making for the team. Strategize, identify and implement continuous improvement initiatives that drive improved results for the Enterprise Sourcing Team.

This is a senior level professional position accountable for complex responsibilities with minimal supervision. This position serves as a resource to others.

Key Accountabilities:

• Develop, implement and conduct a plan to deliver contract negotiation financial reporting.
• Serve as the primary interface between Corporate/Divisional Finance and the Enterprise Sourcing Team and collaborate with each party to ensure that financial reporting meets enterprise needs and supports strategic vendor engagements.
• Provide work breakdown analysis and reporting to leadership on contract work across Medica business units to assist in EST Contract Manager resource allocation decisions.
• Develop and deliver vendor stratification reporting.
• Develop and deliver contract lifecycle reporting.
• Strategize, develop and implement process improvement initiatives and serve as a resource to EST team members to enhance their ability to understand and provide effective financial tools to their business partners.

Qualifications:

• Bachelor's degree or equivalent combination of education and experience in related field
• 7 years of related work experience required beyond degree (ex. 11 years of experience without bachelor's degree required).
• Experience with financial reporting analysis; advanced Excel skills, including financial modeling (creating graphs, pivot tables, VLookup and charts).

Preferred Qualifications:

• Experience supporting a contract negotiation team.
• Experience supporting a sourcing team.
• Healthcare experience.

Skills and Abilities:

• Advanced working knowledge and skill in the financial field with ability to function as a subject matter expert.
• Ability to take multiple proposed solutions and internal business and technical capabilities and provide insights, recommendations, and implementation support of unified enterprise solutions.
• Proven self-motivated, organized and possesses a high degree of autonomy, with ability to manage multiple concurrent, complex tasks and operate at a high level under pressure.
• Proven or demonstrated skills in leadership, collaboration, teamwork, professionalism and positive interactions with others.
• Experience effectively communicating business critical information in a succinct and timely manner with stakeholders.
• Experience with strategizing, developing and implementing process improvement initiatives.
• Ability to flex communication style appropriately depending on the audience.

This position is a Hub role, which requires an employee to occasionally come onsite to the designated office - Madison, WI or Minnetonka, MN - for applicable heads-up work. Frequency is determined by business need as decided by leadership.

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)