Medica
Overview
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 Vice President, Corporate Controller is a key member of the Finance leadership team at Medica. Reporting to the CFO, this executive leader is responsible for the strategic and operational oversight of the organization\'s accounting, financial reporting, treasury, and controllership functions. This role will ensure the accuracy and integrity of financial results, maintain a strong internal control environment, and lead process improvements to support the health plan\'s growth, modernization, and regulatory compliance. The VP will directly oversee a team of finance professionals, aligning and elevating the organization\'s financial operations to support cross-functional collaboration and long-term sustainability. Perform other duties assigned.
Key Accountabilities
Controllership & Financial Operations
Lead and oversee all accounting and financial operations, including general ledger, revenue accounting, accounts payable, fixed assets, and payroll
Oversee the monthly and annual close process, ensuring timely and accurate preparation of financial statements in accordance with GAAP
Maintain and strengthen a robust internal control environment and accounting policy framework
Provide oversight of financial systems, chart of accounts, and system integration to support efficient, scalable operations
Regulatory Accounting & Operations
NAIC and legal entity structure
Ensure compliance with all federal and state regulations, including GAAP and statutory accounting principles. This includes preparing and filing quarterly and annual financial statements, tax documents, and coordinating with external auditors
Treasury & Cash Management
Provide executive leadership for treasury operations, including cash flow forecasting, liquidity management, and investment policy adherence
Oversee banking relationships and manage capital deployment in line with organizational priorities
Support enterprise-level financial planning and capital strategy in collaboration with the CFO and FP&A team
Leadership & Transformation
Lead, mentor, and develop high-performing teams across accounting and treasury functions
Drive financial process improvements, automation initiatives, and system enhancements to increase efficiency, accuracy, and transparency
Serve as a strategic finance partner across the organization, contributing to cross-functional transformation efforts and enterprise-wide initiatives
Governance & Risk Management
Support the CFO and senior leadership in preparing materials for the Finance & Audit Committee of the Board
Partner with Compliance, Legal, Actuarial, and other departments to ensure alignment and adherence to financial policies and standards
Collaborate with external auditors, regulatory agencies, and industry stakeholders to ensure clear, consistent communication and audit readiness
Required Qualifications
Bachelor\'s degree or equivalent experience, plus 15+ years of progressive finance leadership experience, with significant experience in controllership, accounting, and treasury functions
Preferred Qualifications
Deep understanding of GAAP, statutory reporting, and financial compliance in regulated industries
Experience in a health plan required
Proven ability to lead and develop high-performing teams and manage change in complex, cross-functional environments
Strong communication and executive presence, with the ability to influence across the enterprise
Demonstrated success in improving processes, strengthening controls, and advancing financial systems
This position is an Office role, which requires an employee to work onsite at our Minnetonka MN office, on average, 3 days per week.
The full base pay salary range for this position is $260,000-$390,000. Annual base pay salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and or licensures, the position\'s scope and responsibility, internal pay equity and external market salary data.
In addition to base compensation, this position is eligible for Medica\'s Short Term Incentive plan, Long Term Incentive plan and our Supplemental Executive Retirement Plan.
Medica offers a generous total rewards package that includes competitive medical, dental, vision, executive life insurance, Self-Managed Time Off, 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.
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.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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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 Vice President, Corporate Controller is a key member of the Finance leadership team at Medica. Reporting to the CFO, this executive leader is responsible for the strategic and operational oversight of the organization\'s accounting, financial reporting, treasury, and controllership functions. This role will ensure the accuracy and integrity of financial results, maintain a strong internal control environment, and lead process improvements to support the health plan\'s growth, modernization, and regulatory compliance. The VP will directly oversee a team of finance professionals, aligning and elevating the organization\'s financial operations to support cross-functional collaboration and long-term sustainability. Perform other duties assigned.
Key Accountabilities
Controllership & Financial Operations
Lead and oversee all accounting and financial operations, including general ledger, revenue accounting, accounts payable, fixed assets, and payroll
Oversee the monthly and annual close process, ensuring timely and accurate preparation of financial statements in accordance with GAAP
Maintain and strengthen a robust internal control environment and accounting policy framework
Provide oversight of financial systems, chart of accounts, and system integration to support efficient, scalable operations
Regulatory Accounting & Operations
NAIC and legal entity structure
Ensure compliance with all federal and state regulations, including GAAP and statutory accounting principles. This includes preparing and filing quarterly and annual financial statements, tax documents, and coordinating with external auditors
Treasury & Cash Management
Provide executive leadership for treasury operations, including cash flow forecasting, liquidity management, and investment policy adherence
Oversee banking relationships and manage capital deployment in line with organizational priorities
Support enterprise-level financial planning and capital strategy in collaboration with the CFO and FP&A team
Leadership & Transformation
Lead, mentor, and develop high-performing teams across accounting and treasury functions
Drive financial process improvements, automation initiatives, and system enhancements to increase efficiency, accuracy, and transparency
Serve as a strategic finance partner across the organization, contributing to cross-functional transformation efforts and enterprise-wide initiatives
Governance & Risk Management
Support the CFO and senior leadership in preparing materials for the Finance & Audit Committee of the Board
Partner with Compliance, Legal, Actuarial, and other departments to ensure alignment and adherence to financial policies and standards
Collaborate with external auditors, regulatory agencies, and industry stakeholders to ensure clear, consistent communication and audit readiness
Required Qualifications
Bachelor\'s degree or equivalent experience, plus 15+ years of progressive finance leadership experience, with significant experience in controllership, accounting, and treasury functions
Preferred Qualifications
Deep understanding of GAAP, statutory reporting, and financial compliance in regulated industries
Experience in a health plan required
Proven ability to lead and develop high-performing teams and manage change in complex, cross-functional environments
Strong communication and executive presence, with the ability to influence across the enterprise
Demonstrated success in improving processes, strengthening controls, and advancing financial systems
This position is an Office role, which requires an employee to work onsite at our Minnetonka MN office, on average, 3 days per week.
The full base pay salary range for this position is $260,000-$390,000. Annual base pay salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and or licensures, the position\'s scope and responsibility, internal pay equity and external market salary data.
In addition to base compensation, this position is eligible for Medica\'s Short Term Incentive plan, Long Term Incentive plan and our Supplemental Executive Retirement Plan.
Medica offers a generous total rewards package that includes competitive medical, dental, vision, executive life insurance, Self-Managed Time Off, 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.
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.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
#J-18808-Ljbffr