McKesson

Sr. Financial Analyst, Supplier Finance

McKesson$82K — $137K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business, Finance, Accounting or related field, or equivalent experience
  • 5+ years of experience in accounting, finance, financial analytics or related field
  • Advanced proficiency in Microsoft Excel including VLOOKUP/Index(Match), Pivot tables
  • Strong understanding of accounting principles (US GAAP) and income recognition
  • Ability to interpret contracts and navigate undefined financial issues
  • Collaborative mindset and process improvement focus

Responsibilities

  • Perform month-end close responsibilities ensuring accurate financial reporting
  • Review and validate accrual calculations for compliance and accuracy
  • Build strong relationships with business unit leadership for enhanced financial support
  • Develop and present business cases backed by financial data
  • Conduct root cause analysis for resolving billing disputes and discrepancies
  • Input new contracts and amendments into SAP / GVI
  • Identify and support process improvements and system enhancements

Benefits

  • Competitive compensation package
  • Annual bonus opportunities
  • Long-term incentive opportunities
  • Access to a Total Rewards program that evaluates factors like performance, experience, and skills
  • Support for continuous learning and development
Full Job Description
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, please click here.

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.

About McKesson

McKesson Corporation provides medicines, pharmaceutical supplies, information and care management products and services across the healthcare industry. The Company operates in two segments. The McKesson Distribution Solutions segment delivers ethical drugs, medical-surgical supplies and equipment and health and beauty care products throughout North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers, sells financial, operational and clinical solutions for pharmacies (retail, hospital, long-term care) and provides consulting, outsourcing and other services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, strategic management and software solutions. In July 2011, the Company acquired Portico Systems from Safeguard Scientifics, Inc. On March 25, 2012, it acquired the independent banner and franchise businesses of Katz Group Canada Inc. McKesson Distribution Solutions delivers pharmaceuticals to retail pharmacies and institutional providers like hospitals and health systems. They operate pharmaceutical distribution centers across the country, serving customers in all 50 states. They also deliver a comprehensive offering of health care products, technology, equipment and related services to the alternate site market, including physician offices, surgery centers, long-term care facilities and home care businesses across the country. McKesson is currently the largest pharmaceutical distributor in North America. McKesson also operates McKesson Canada and has an equity holding in Nadro, a leading distributor in Mexico.

McKesson Careers

Join McKesson, a leading global healthcare company, and be part of a team that is redefining the future of healthcare. With a variety of job opportunities available, McKesson is the perfect place to advance your career, whether you're a seasoned professional or just starting out. Work You’ll Do At McKesson, we are committed to improving care in every setting—one product, one partner, one patient at a time. We’re seeking talented professionals to join our team and contribute to a culture of innovation, diversity, and leadership. Our employees are driven by a deep sense of purpose and a desire for continuous growth and improvement. Empower Your Future in Healthcare With positions ranging from internships to leadership roles, McKesson offers unparalleled employment opportunities to develop your skills and advance your career. Our commitment to diversity training ensures that all team members have the opportunity to thrive. Join a team where your skills will be honed, your professional growth will be supported, and where you can genuinely see the difference you make in the lives of patients around the world. Innovative Work Environment McKesson is at the forefront of healthcare innovation. Our team is constantly exploring new ways to improve patient outcomes and streamline care processes. This commitment to innovation is what sets us apart and what makes McKesson an exciting place to work. Career Development and Benefits McKesson believes in nurturing the potential of its employees through robust career development programs and comprehensive benefits designed to support your life and well-being. From leadership training to health and wellness benefits, we ensure our team members are equipped to meet their professional and personal goals. Explore Job Opportunities Whether you’re looking for an internship to kickstart your career, or a senior position to utilize your extensive experience, McKesson offers a range of opportunities. Explore our open positions and find where you can make a difference at McKesson. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take the next step in their careers. Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Networking and Professional Growth At McKesson, networking and professional growth are part of our everyday environment. We encourage our employees to connect, share, and learn from each other to foster personal and professional development. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await you at McKesson. Join McKesson today and be part of a team that is dedicated to shaping the future of healthcare.
Learn more about McKesson
Size
58,000 employees
Market Cap
$53.7 billion
Industry
Net Income
-$4.1 billion
Founded
1833
5 Year Trend
+5.9%
Revenue
$237.6 billion
NASDAQ

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