Senior Financial Analyst - Group Purchasing

$78,400 - $130,600/Yr

McKesson - Irving, TX

Full-time - Mid Level

Irving, TX

1-10 employees

Merchant Wholesalers, Nondurable Goods

About the position

The Senior Financial Analyst will play a crucial role in the Financial Services & Solutions (FSS) team at McKesson, focusing on accounting and finance activities related to Group Purchasing Organization (GPO) rebates and administrative fee billings. This position involves contract review, analysis, and implementation, as well as general ledger reconciliation and reporting. The analyst will act as a key financial liaison, supporting both internal and external customers while ensuring compliance with contractual agreements and operational efficiencies.

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.

Requirements

• 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.
• 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.
• 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.
• Strong experience and skills for reporting and variance analysis, reviewing trend data and exception recognition.

Nice-to-haves

• Experience with SAP is preferred.
• Experience with Vistex is preferred.
• Ability and/or experience in working with multiple systems such as SQL, Power BI, etc.

Benefits

• Competitive compensation package including base pay and potential bonuses.
• Annual bonus or long-term incentive opportunities may be offered.