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.

Financial Services and Solutions Overview

Are you ready to be a pivotal force in Advancing Health Outcomes For All®? Join Financial Services and Solutions (FSS) at McKesson, where our diverse teams, play a critical role in ensuring every pill is seamlessly delivered from the manufacturer to the patient. In FSS, you'll gain exposure to various McKesson businesses while meticulously optimizing financial operations, driving positive cash flow for the Enterprise, and fostering collaborative relationships with internal and external customers. Our high employee engagement scores reflect a vibrant, dynamic workplace where your contributions have a tangible impact on the organization. If you're passionate about making a real difference and want to be part of a dedicated team that values efficiency, accuracy, and professional growth, FSS is the place for you. Join us and energize your career with endless opportunities!

Desired Skills:

• Embrace Digital Transformation: Demonstrate a strong digital mindset by actively seeking and implementing technological solutions to enhance business processes and drive innovation.

• Diverse and Inclusive Collaboration: Foster a collaborative environment that values diversity and inclusion.  

• Strategic and Analytical Thinking: Use data-driven insights to help inform decision-making cross-functionally.

• Adaptability and Growth Mindset: Show adaptability in the face of change and a willingness to take on challenges.  

• Clear and Impactful Communication: Communicate complex information clearly and persuasively across all levels of the organization. Utilize storytelling to effectively convey ideas and drive key initiatives forward.

Key Responsibilities:

1. Lead stakeholder engagement

• Manage a complex cross-functional stakeholder environment while developing strong cross-functional relationships within McKesson's key business partners – e.g., Billing, Account Operations, Account Management, BU Finance
• Lead period-end AR review meetings with key stakeholders – focusing on key insights preventing conversion to cash and raising awareness of collectability risk for reserves considerations
• Earn the trust of internal partners thru exceptional execution and proficiency – and expands on it to build strong and collaborative relationships
• Utilize strong problem-solving skills and attention to detail to identify, communicate and resolve issues facing customers and partners

2. Manage AR aging and drive AR to cash conversion

• Manage a complex AR environment across BUs, where there might be lack of standardized contractual terms and low maturity state across billing, invoice presentment, collections, and dispute resolution
• Initiate proactive action on high dollar invoices, preempting past due status and driving higher on-time payment
• Accelerate AR to cash conversion thru a problem-solving mindset with direct customer engagement and/or in collaboration with cross-functional partners
• Uses BU's cash target goals as the center piece guiding prioritization and resource allocation decisions

3. Reporting & analysis

• Manage a largely manual reporting environment while taking steps towards migrating it towards higher levels of automation
• Prepare period-end reports providing prior-period insights at the customer level as to a) why those balances remain unpaid (causation); b) what's next to get it resolved; c) who is on point to resolve it; and d) when we expect to have it resolved - backward looking
• Provide current-period insights into expected past due balances for the Top10 customers that will impact cash the most – and suggest potential mitigating action to pivot them from past due to cash - forward looking
• Develop portfolio-wide AR performance review (MoM and YoY) by company code in support of internal AR management assessment of performance and to inform potential mitigating action

4. Talent management:

• Lead, mentor, and develop the Accounts Receivable local and virtual talent to achieve departmental goals as well as their own professional goals

Qualifications:

Minimum Requirements

• 5+ years of AR management experience with 3+ years of management experience in a fast-paced, dynamic environment, with a proven track record of accelerating cash and maintaining a healthy AR portfolio, while successfully engaging and presenting to partners and senior leaders cross-functionally

Critical Skills

• High level of proficiency in Excel – including manipulation of large data sets and visualization in pivot table structures that facilitates presentation and understanding of key insights
• Excellent oral and written communication skills, with experience presenting to cross functional partners and leaders
• Experience working with and monitoring a virtual team
• Strong business and financial acumen accompanied by in depth thinking skills that lead to sound business decisions
• Experience leading teams through significant change
• Excellent relationship building and communication with customer/stakeholder/business partners

Education:

Bachelor’s degree in Finance, Accounting, Business, or combination of education and equivalent work 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

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.

Join us at McKesson!