McKesson is an impact-driven, Fortune 10 company that touches virtually every aspect of healthcare. We are known for delivering insights, products, and services that make quality care more accessible and affordable. Here, we focus on the health, happiness, and well-being of you and those we serve – we care.
What you do at McKesson matters. We foster a culture where you can grow, make an impact, and are empowered to bring new ideas. Together, we thrive as we shape the future of health for patients, our communities, and our people. If you want to be part of tomorrow’s health today, we want to hear from you.
The Role
The Analyst, Treasury Operations is a key member in McKesson’s Medical Surgical (MMS) business unit’s treasury function with responsibility for managing and optimizing MMS’ global liquidity. Other responsibility includes partnering with business units to develop payment solutions to enhance efficiencies and to manage and enhance our treasury systems and tools.
Key Responsibilities
Monitor and manage MMS’ daily cash position, make recommendations on Investments and quarter-back this process to reduce cost of cash
Provide operational and analytical support for short-term and long-term borrowing arrangements, hedging activities and share repurchases
Assist the capital markets team in executing transactions in the financial markets, as needed
Work with other Treasury team members to prepare insightful departmental reports
Partner with internal business groups to understand sources and uses of cash and maintain a robust cash forecast
Prepare executive-level treasury reporting, including liquidity metrics, cash forecasts, investment performance, and CFO dashboards to support strategic planning and capital allocation decisions
Evaluate short-term investment opportunities, bank deposits, and cash management strategies while balancing liquidity, yield, risk exposure, and banking costs
Monitor regulatory, tax, and market developments impacting investments, treasury operations, and cash management activities
Assist in the coordination of derivatives settlement confirmation
Assist with and coordinate spot & forward FX trades
Partner with the Capital Markets group and assist in settlement of cross-currency swaps to support intercompany funding structures and risk management strategies
Support the company’s hedging strategies by helping execute, value, and manage derivative trades to hedge FX, interest, and other operational risks
Administer online banking platforms, user entitlements, security controls, and bank portal access
Maintain bank account documentation, signer authority records, and eBAM workflows to ensure compliance with corporate governance and banking requirements
Collaborate with banking partners to maintain and develop cash management structure and resolve day-to-day operational issues
Proactively collaborate with business units and corporate departments to aid in the construction and execution of the cash forecast, intercompany financing structures, and help identify and implement new services as the business grows and banking industry evolves
Find ways to continuously improve processes, procedures and controls surrounding cash movement, bank balance/fee monitoring and other Treasury-related activities including SOX documentation
Manage multiple relationships with vendors, including banks, credit rating agencies, investment managers and retirement plan administrators
Maintain and improve the Treasury’s technology platform and tools (Kyriba) to support efficient and effective operations of the team
Participate in treasury system enhancements, process automation initiatives to improve treasury operations and reporting capabilities
Qualifications
Minimum Requirements
3+ years Finance or Treasury related experience
BS degree in Finance or related field
Critical Skills
Experience in Treasury operations preferred with demonstrated knowledge in cash management, commercial paper issuance, bank infrastructure and…