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.Manager, Treasury OperationsThe Role 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.Key ResponsibilitiesMonitor and manage the company’s daily cash position, make recommendations on Investments and quarter-back this process to reduce cost of cashAnalyze cash concentration, pooling, and intercompany funding opportunities to optimize funding structures and working capital efficiencyPartner with internal business groups to understand sources and uses of cash to improve forecast accuracyDevelop forecasting methodologies and KPIs to measure performanceProvide liquidity and forecasting insights to senior leadershipEvaluate 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 feesConduct risk assessments related to counterparty exposure, concentration limits, and market conditionsCoordinator for derivatives settlement confirmationMMS’ trader to transact and coordinate all spot & forward FX trades and Money Market investments as neededPartner with the Capital Markets group and assist in transacting cross-currency swaps to support intercompany funding structures and confirm settlementsAdministrator for bank portalsCoordinator for bank signers’ updatesMonitor bank performance and service-level agreementsCollaborate with banking partners to evaluate banking structures, account rationalization initiatives, and service enhancementsProactively 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 evolvesFind ways to continuously improve processes, procedures and controls surrounding cash movement, bank balance/fee monitoring and other Treasury-related activities including SOX documentationMaintain and improve the Treasury’s technology platform and tools (Kyriba) to support efficient and effective operations of the teamIdentify and implement process automation opportunitiesLead treasury technology enhancements and transformation initiativesQualifications Minimum Requirements 5+ years Finance or Treasury related experienceBS degree in Finance or related fieldCritical SkillsExperience in Treasury operations preferred with demonstrated knowledge in cash management, bank infrastructure and investmentsDemonstrated skills in navigating large, complex organizations and collaborating with multiple businesses and functional areasDemonstrated ability to manage and prioritize various responsibilities with competing, short deadlines and under pressure with a “can-do” attitudeDemonstrated the ability to ramp-up quickly on challenging topicsExperience using Kyriba preferredStrong Microsoft Excel and/or Google Sheets and analytical skillsAdditional SkillsA business partner mindset and understand the internal and external issues facing the business and industry and use that understanding to forge partnerships and build relationshipsDemonstrated ability to understand complex business problems, conduct analysis, and identify well-reasoned solutionsHighly organized and detail oriented due to the criticality of the functionA results orientation mind-set with a personal commitment and drive to set and meet or exceed the operational and financial goals for this positionStrong communication skills to interact up and across the organizationAbout McKesson Medical-SurgicalMcKesson Medical-Surgical (MMS), which is expected to become Wellverse in early 2027, is a subsidiary and publicly reported segment of the McKesson Corporation. MMS distributes medical-surgical supplies, pharmaceuticals, diagnostic equipment and supplies, along with other solutions and services to virtually every type of healthcare setting and provider outside of the traditional hospital. These markets – often referred to as Alternate Care or Non-Acute Care – include physician offices, surgery centers, long-term care providers, laboratories, home health and hospice agencies, health systems, government facilities and online marketplaces and retailers.Alternate Care markets are growing rapidly and MMS is proud to be a leader in this space. With a team of approximately 8,000 employees, a network of 15 distribution centers and approximately 900 delivery vehicles, we collaborate with more than 2,200 leading manufacturers and serve over 200,000 customer accounts across the U.S. Our catalog includes more than 270,000 SKUs of branded and private-label medical-surgical products – from bandages to specialty pharmaceuticals and COVID-19 tests.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$90,000 - $150,000McKesson 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.McKesson is an Equal Opportunity EmployerMcKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) View email address on click.appcast.io or (Canada) View email address on click.appcast.io. Resumes or CVs submitted to this email box will not be accepted.Join us at McKesson!SummaryLocation: USA, VA, RichmondType: Full time