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.
Manager, Treasury Operations
The Role
The Manager, Treasury Operations is a key position in McKesson’s Medical Surgical (MMS) /Wellverse business unit’s treasury function with responsibility for managing the treasury operations team 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 the company’s daily cash position, make recommendations on Investments and quarter-back this process to reduce cost of cash
Analyze cash concentration, pooling, and intercompany funding opportunities to optimize funding structures and working capital efficiency
Partner with internal business groups to understand sources and uses of cash to improve forecast accuracy
Develop forecasting methodologies and KPIs to measure performance
Provide liquidity and forecasting insights to senior leadership
Evaluate short-term cash investment and deposit strategies and make recommendations to optimize cash management that considers appropriate risk/reward balance with a parallel focus on lowering the cost of cash and lowering bank fees
Conduct risk assessments related to counterparty exposure, concentration limits, and market conditions
Coordinator for derivatives settlement confirmation
MMS’ trader to transact and coordinate all spot & forward FX trades and Money Market investments as needed
Partner with the Capital Markets group and assist in transacting cross-currency swaps to support intercompany funding structures and confirm settlements
Administrator for bank portals
Coordinator for bank signers’ updates
Monitor bank performance and service-level agreements
Collaborate with banking partners to evaluate banking structures, account rationalization initiatives, and service enhancements
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
Maintain and improve the Treasury’s technology platform and tools (Kyriba) to support efficient and effective operations of the team
Identify and implement process automation opportunities
Lead treasury technology enhancements and transformation initiatives
Qualifications
Minimum Requirements
5+ 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, bank infrastructure and investments
Demonstrated skills in navigating large, complex organizations and collaborating with multiple businesses and functional areas
Demonstrated ability to manage and prioritize various responsibilities with competing, short deadlines and under pressure with a “can-do” attitude
Demonstrated the ability to ramp-up quickly on challenging topics
Experience using Kyriba preferred
Strong Microsoft Excel and/or Google Sheets and analytical skills
Additional Skills
A business partner mindset and understand the internal and external…