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Medica
Financial Systems Analyst V - Workday Accounting Center
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What they do
A Financial Analyst evaluates investment opportunities and makes recommendations to individuals and businesses. Analyzes the performance of different types of investments, studies business and economic trends and analyzes data to project company earnings
$88,488 / year median in Minnesota
-12% projected decline
Job Description
Financial Systems Analyst V - Workday Accounting Center Medica 401(k) United States, Minnesota, Minnetonka 401 Carlson Parkway (Show on map) Aug 03, 2026
Description 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 leader in Accounting Center & Transactional Data owns the design, integrity, and governance of transactional accounting processes within Workday Accounting Center. This role ensures business events are accurately translated into accounting entries through defined rules, mappings, and data structures. The position partners with Accounting, Finance, and IT to support financial close, maintain data accuracy, and drive continuous improvement in automated accounting processes. Performs other duties as assigned. Key Accountabilities Owns accounting logic and transactional design within Accounting Center Defines and governs accounting rules, mappings, and event types that determine how transactions are recorded
Translates business events (e.g., claims, premiums, adjustments) into standardized accounting outcomes
Ensures accounting logic aligns with financial reporting requirements and general ledger structures Manages end-to-end transactional data flows into the general ledger Oversees transaction ingestion, transformation, and posting from source systems through Accounting Center to the general ledger
Ensures data completeness, accuracy, and traceability across systems
Maintains alignment between source system data, Accounting Center outputs, and GL balances Ensures reconciliation and integrity of automated accounting Establishes and enforces reconciliation standards between source systems, Accounting Center, and the general ledger
Partners with Accounting and Core Financials teams to investigate and resolve discrepancies
Identifies root causes of recurring issues and implements sustainable solutions Manages system enhancements and integrations Owns and prioritizes Accounting Center enhancement roadmap, including new use cases, rules, and integrations
Identifies opportunities to improve automation, reduce manual intervention, and enhance scalability
Identifies and evaluates new Workday functionality and features that support evolving finance needs
Supports testing, validation, and deployment of changes to accounting logic and data flows Maintains financial controls, compliance, and audit readiness Maintains documentation of accounting rules, data mappings, and control points
Supports audit requirements related to automated accounting and transaction processing
Ensures adherence to financial reporting standards and internal control requirements Required Qualifications Bachelor's degree or equivalent experience in a related field
10+ year of work experience beyond degree Preferred Qualifications 5+ years Workday and/or Health Payer Financial Reporting Management experience 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 salary grade for this position is $113,400 - $194,400. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $113,400 - $170,100. 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 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. Eligibility to work in the