Sr. Manager, Cash Forecasting)

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.

The Senior FP&A Cash Manager is responsible for leading financial operations related to cash flow management within the organization, ensuring optimal liquidity, and supporting strategic financial planning. This role works closely with various departments (Treasury, Inventory, Credit, Pricing etc) and involves detailed financial analysis, forecasting, and reporting to guide executive decision-making and maintain financial stability.

**THIS IS AN INDIVIDUAL CONTRIBUTOR ROLE**

Key Responsibilities

• Develop and maintain detailed cash flow forecasts using both direct and indirect methods, ensuring accuracy and timeliness.
• Monitor daily cash positions and provide updates relative to the forecast.
• Budgeting and Planning: Lead the budgeting process, ensuring alignment with organizational objectives and operational KPIs.
• Variance Analysis: Analyze financial performance against budget and forecast, identifying key variances and recommending corrective actions.
• Reporting: Prepare comprehensive financial reports, including operating cash flow statement and KPI trends, for senior management and stakeholders.
• Strategic Planning: Identify and implement strategies to improve cash flow, including optimizing receivables, payables, and inventory management.
• Process Improvement: Lead initiatives to automate and enhance cash management processes and systems
• Ad Hoc Analysis: Conduct ad hoc financial analyses to support strategic initiatives and decision-making.

Minimum Requirement :Degree or equivalent and typically requires 10+ years of relevant experience. Less years required if has relevant Master’s or Doctorate qualifications.

Education: Bachelor's degree in Finance, Accounting, or a related field; MBA or relevant certification (e.g., CFA, CPA) preferred.

Critical Skills

• Knowledge of GAAP accounting principles
• Effective business partnership with the ability to influence decision makers
• Financial analysis and forecasting
• Cash flow optimization
• Working capital management
• Ability to lead and balance multiple projects
• Strategic financial planning - Financial reporting
• Automation and process improvement

Additional Skills

• Experience: Extensive experience in financial planning and analysis, with a focus on cash flow management and strategic planning.  Working knowledge of the balance sheet is a plus.
• Technical Skills: Proficiency with financial software and ERP system, financial modeling, forecasting, and advanced Excel skills. Power BI skill is a plus.
• Analytical Skills: Strong analytical and problem-solving abilities, with attention to detail.
• Communication Skills: Excellent verbal and written communication skills, with the ability to present complex financial information clearly.
• Leadership: Proven ability to manage and mentor a team, fostering a collaborative and high-performance work environment.

Salary: 122,100.00 - 162,800.00 - 203,500.00 USD Annual

(Target range is 140K with 20% MIP)

P5

This role is crucial for ensuring the company's financial health and supporting its strategic growth

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.

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