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Senior Financial Analyst - Group Purchasing

MCKESSON
Posted a day ago, valid for a year
Location

Irving, TX 75017, US

Salary

$95,000 - $114,000 per annum

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Contract type

Full Time

By applying, a McKesson account will be created for you. McKesson's Privacy Policy will apply.

Sonic Summary

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  • McKesson is seeking a Senior Financial Analyst for its Financial Services & Solutions team in Las Colinas, focusing on accounting and finance activities.
  • Candidates should have a Bachelor's degree in Accounting, Finance, or Business Administration and at least 5 years of relevant experience.
  • The role involves overseeing GPO rebates, contract review, accrual processing, and financial reporting.
  • The compensation for this position ranges from $78,400 to $130,600, with potential for bonuses and long-term incentives.
  • McKesson is committed to fostering a diverse and inclusive work environment and is an Equal Opportunity Employer.

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.

Our team is seeking a Senior Financial Analyst to join our Financial Services & Solutions (FSS) team in Las Colinas. The Senior Financial Analyst will primarily be responsible for accounting and finance activities in support of McKesson Specialty Supplier/Customer Finance, a segment of McKesson Pharmaceutical Solutions & Services. This role is responsible for overseeing and operationalizing Group Purchasing Organization (“GPO”) rebates and administrative fee billings in accordance with executed contractual agreements. The Senior Financial Analyst responsible for contract review, analysis and implementation, accrual processing, general ledger reconciliation, reporting, rebate payout validation, analysis & research. As a key financial liaison, the Senior Financial Analyst will partner and support both internal and external customers.

Position Responsibilities:

  • Review and interpret Contractual Agreements applied to accurate fee calculations and billing.
  • Oversee Contractual T&C implementation in McKesson Vistex systems.
  • Supervise the Process & Distribution of Supplier Invoices including contractually defined Invoice Data requirements.
  • Perform GL Account Reconciliations, Flux, and P&L Variance Analyses providing analytical insight.
  • Review Aging Reports, assist with collections and proper application of supplier payments.
  • Calculate, validate and process pay out of pass through rebates.
  • Coordinate and resolve fee disputes with Suppliers & Internal teams.
  • Provide leadership with monthly scorecards and metrics.
  • Proactively seek ways to continuously improve processes to achieve greater efficiencies and better controls.
  • Ensure all processes are in accordance with Standard Operating Procedures and SOX guidelines.
  • Perform special projects as needed.

Competencies:

  • Analytical – synthesize complex and diverse information, collect and research data, use experience to complement data.
  • Problem Solving – Identify and resolve issues in a timely manner, gather and analyze information skillfully, develop alternative solutions, work well in group problem solving.
  • Judgment – display willingness to make decisions, exhibit independent and accurate judgment, support and explain reasoning for decision, include appropriate parties in decision-making process, make timely decisions.
  • Professionalism – Work well with stakeholders, react well under pressure, treat others with respect.
  • Dependability – Follow instructions, accept responsibility for own actions, follow through on commitments, commit to requirements necessary to reach goals.
  • Quality – demonstrate accuracy, seek ways to improve and promote quality, apply feedback to improve performance, monitor own work to ensure quality.
  • Initiative – seek increased responsibilities, undertake self-development activities, focus on process improvements

Critical Skills and Knowledge:

  • Excellent understanding and proficiency of Microsoft Word, Excel, Sharepoint and Outlook.
  • Excellent ability to quickly interpret and summarize detailed calculations as outlined in executed contractual agreements. Contract Interpretation Experience
  • Ability to develop and present data driven insights to Senior leaders.
  • Advanced Microsoft Excel experience.
  • Experience utilizing root cause analysis techniques to evaluate and resolve unique dispute parameters
  • Solid knowledge and understanding of accounting principles (US GAAP).
  • Collaborative and critical thinking skills
  • Ability to interpret financial data and communicate results clearly.
  • Strategic thinker and problem solver with strong interpersonal and communication (written and oral) skills with ability to work successfully as a team member.
  • Demonstrates adaptability, handles day to day work challenges confidently and timely, is willing and able to adjust to multiple demands and shifting priorities.
  • Shows resilience in the face of challenges, demonstrates flexibility; prioritizes work accordingly.
  • Strong experience and skills for reporting and variance analysis, reviewing trend data and exception recognition.
  • Ability and/or experience in working with multiple systems such as SQL, Power BI, etc.
  • Experience with SAP is preferred.
  • Experience with Vistex is preferred.

Education and Experience:

  • Bachelor’s degree in Accounting, Finance, or Business Administration with a concentration in Finance or Accounting.
  • 5+ years of accounting, finance, finance analytics or similar experience.

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

$78,400 - $130,600

McKesson is an Equal Opportunity Employer

 

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

 

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By applying, a McKesson account will be created for you. McKesson's Privacy Policy will apply.