Treasury Operations Manager

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 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.

• 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 counter party 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

• 5+ years Finance or Treasury related experience
• BS degree in Finance or related field

• 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…