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 at McKesson will play a crucial role in supporting the financial operations of the Specialty Supplier/Customer Finance segment. This position involves overseeing Group Purchasing Organization (GPO) rebates and administrative fee billings, ensuring compliance with contractual agreements, and providing analytical insights to enhance financial processes. The analyst will act as a key liaison between internal and external stakeholders, driving improvements and maintaining high standards of financial accuracy and reporting.

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.
• 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.
• 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.