Sr Manager Finance

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.Free Cash Flow & Working Capital Management is a key member of the McKesson Medical-Surgical Finance organization. This role is responsible for driving enterprise free cash flow performance through ownership of cash flow forecasting, working capital optimization, and strategic cash management initiatives. The position partners closely with Commercial, Operations, Supply Chain, Accounting, Treasury, Procurement, and Executive Leadership teams to improve cash conversion, optimize inventory and receivables performance, and deliver sustainable cash flow generation.This role will lead the development of cash flow reporting, forecasting, and analytics, ensuring visibility to key drivers, risks, opportunities, and mitigation strategies. The Director will provide executive-level insights and recommendations that enable informed business decisions and support organizational financial objectives, including separation readiness and public-company level performance management.Key ResponsibilitiesFree Cash Flow LeadershipLead the development, management, and continuous improvement of monthly, quarterly, and annual free cash flow forecasts.Own enterprise cash flow reporting, including executive dashboards, variance analyses, key performance indicators, and predictive analytics.Identify, quantify, and track free cash flow risks and opportunities across the organization.Provide executive leadership with actionable recommendations to improve cash generation and working capital performance.Working Capital OptimizationLead initiatives to improve working capital performance across accounts receivable, inventory, accounts payable, and other balance sheet components.Partner with Commercial, Supply Chain, Operations, Procurement, and Customer Financial Services teams to optimize cash conversion cycle performance.Develop and monitor key working capital metrics including DSO, DIO, DPO, inventory turns, cash conversion cycle, and operating cash flow.Create action plans and accountability mechanisms to drive sustainable working capital improvements.Forecasting & Financial AnalysisDevelop scenario planning, sensitivity analyses, and financial models to assess cash flow impacts of business decisions and operational changes.Analyze trends and drivers impacting operating cash flow and working capital performance.Support annual budget, forecast, and long-range planning processes with a focus on cash flow and balance sheet implications.Ensure consistency and transparency of assumptions used throughout forecasting processes.Executive Reporting & Decision SupportPrepare executive-level presentations and materials for Monthly Business Reviews, Quarterly Business Reviews, Board of Directors meetings, and investor-related discussions.Translate complex financial and operational information into concise, actionable insights for senior leadership.Collaborate with Treasury and Corporate Finance teams on liquidity planning and cash management priorities.Support strategic initiatives through financial modeling and decision support.Cross-Functional PartnershipPartner with Accounting to ensure accurate balance sheet reporting and cash flow statement integrity.Collaborate with Supply Chain leaders to improve inventory productivity and inventory investment decisions.Partner with Commercial and Customer Operations teams to improve collections processes and customer payment performance.Work closely with Treasury, Corporate FP&A, and Investor Relations to align cash flow reporting and messaging.Team LeadershipLead and develop a high-performing finance team focused on cash flow excellence and working capital management.Foster a culture of accountability, continuous improvement, and operational excellence.Coach and mentor team members while supporting career development and succession planning.Establish goals, performance metrics, and development plans that align with organizational objectives.QualificationsBachelor's Degree in Finance, Accounting, Economics, or related field required; MBA preferred.5+ years of progressive finance, treasury, FP&A, or working capital management experience.5+ years of leadership experience managing teams and cross-functional initiatives.Demonstrated experience leading enterprise cash flow forecasting and working capital improvement programs.Strong understanding of financial statements, including P&L, Balance Sheet, Cash Flow Statement, and Free Cash Flow metrics.Proven ability to influence executive leadership and drive organizational change.Experience developing executive-level presentations and communicating complex financial concepts to senior leaders.Advanced financial modeling, forecasting, and analytical capabilities.Preferred Knowledge & SkillsExpertise in free cash flow management, working capital optimization, and cash conversion cycle improvement.Strong knowledge of accounts receivable, inventory management, accounts payable, and balance sheet analytics.Ability to identify operational drivers of cash performance and translate findings into actionable recommendations.Experience managing large-scale transformation, productivity, or cash improvement initiatives.Strong executive presence with exceptional verbal and written communication skills.Ability to manage multiple priorities in a fast-paced environment.Data-driven mindset with strong problem-solving capabilities.Demonstrated ability to challenge conventional thinking and drive process improvements.Strong business partnership skills and experience working across Finance, Commercial, Operations, and Supply Chain organizations.Results-oriented leader with a strong sense of ownership, urgency, and accountability.Success MeasuresThe successful candidate will be measured on:Free Cash Flow performance versus Plan and ForecastWorking Capital improvement and cash conversion cycle reductionDSO, DIO, DPO, and inventory productivity metricsForecast accuracy and visibility to risks and opportunitiesDelivery of cash flow improvement initiativesExecutive stakeholder satisfactionTeam engagement, development, and retentionSupport of separation readiness and public company finance capabilitiesAbout McKesson Medical-Surgical McKesson 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$108,400 - $180,600McKesson 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