Sr. Financial Analyst, Supplier Finance
Skills
About the role
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.
Current Need
McKesson is seeking a Sr. Financial Analyst, Supplier Finance.
Job Overview: The Senior Financial Analyst is responsible for general accounting and finance activities for buyside vendor income streams. This position will support fee for service accounting and reporting for MMS/New Co. This position will also be managing the accounting, financial analysis, reporting and administration of various aspects of supplier agreements.
Role Summary:
Perform Month-end close responsibilities
Review & validate accrual calculation
Preparation of journal entries
Compilation of pre-close and month-end close files
Build solid relationships with business unit leadership and provide value added services
Develop, present, and defend a business case supported by data, logic, and contractual interpretation
Use root cause analysis techniques to evaluate and resolve unique dispute parameters
Develop actionable Financial Analytics from raw data (ad hoc and recurring)
Input new contracts and amendments into SAP / GVI
Perform ad hoc systems and project support activities (i.e., GVI enhancements, etc.)
General Responsibilities
1. Financial Close & Accounting Execution
Perform month-end close responsibilities, ensuring accurate and timely financial reporting
Review and validate accrual calculations to ensure accuracy and compliance
Prepare journal entries and support account reconciliations
2. Business Partnership & Stakeholder Support
Build strong relationships with business unit leadership and provide value-added financial support
Develop and present business cases supported by financial data and contract interpretation
3. Analytics & Reporting
Develop actionable financial analytics from raw data (both ad hoc and recurring reporting)
Support financial reporting and analysis and provide key take-aways
4. Contract Management & Dispute Resolution
Conduct GVI agreement updates and maintenance (newly signed contracts & amendments)
Use root cause analysis techniques to evaluate and resolve billing disputes and discrepancies
Interpret supplier agreements and apply financial reasoning to resolve complex issues
5. Process Improvement & Systems Support
Support system and project initiatives (e.g., GVI enhancements and process improvements)
Identify opportunities to improve processes, automation, and efficiency within financial workflows
Critical Skills
Strong understanding of financial processes and the ability to ensure accuracy in financial reconciliation.
Advanced Microsoft Excel experience including VLOOKUP/Index(Match), Pivot tables, etc.
Contract Interpretation experience
Demonstrated ability to navigate and resolve financial issues for which there is no defined process
Solid knowledge and understanding of accounting principles (US GAAP) & income recognition experience
Collaborative and critical thinking skills
Process improvement focus
Minimum Job Qualifications (Knowledge, Skills, & Abilities):
Education/Training
Bachelor’s degree in business, Finance, Accounting or related field or equivalent experience
Business Experience
5+ years of accounting, finance, financial analytics or related field experience
Physical Requirements
General Office Demands
We are proud to offer a competitive compensation package at McKesson as part of our Total Rewards. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. The pay range shown below is aligned with McKesson's pay philosophy, and pay will always be compliant with any applicable regulations. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered. For more information regarding benefits at McKesson,
Our Base Pay Range for this position
$82,700 - $137,900
McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:
McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
McKesson job postings are posted on our career site: careers.mckesson.com.
Join us at McKesson!
Compensation
This Finance role pays $83k-$138k/yr. Within typical range for finance roles in United States.
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