Treasury Operations Manager
About The Position
The Manager, Treasury Operations is a key role in McKesson’s Medical Surgical (MMS)/Wellverse business unit treasury function. The position manages the treasury operations team and optimizes global liquidity. It also partners with business units to develop payment solutions that improve efficiency and manages and enhances treasury systems and tools. The role oversees cash positioning, forecasting, investments, foreign exchange and money market transactions, bank administration and performance, liquidity and funding structures, and treasury technology. It collaborates with business units, corporate departments, senior leadership, banking partners, and the Capital Markets group to improve cash management and operational effectiveness.
Requirements
- At least 5 years of finance- or treasury-related experience.
- Bachelor of Science degree in Finance or a related field.
- Ability to navigate large, complex organizations and collaborate with multiple businesses and functional areas.
- Ability to manage and prioritize competing responsibilities with short deadlines and under pressure.
- Ability to ramp up quickly on challenging topics.
- Strong Microsoft Excel and/or Google Sheets skills and analytical skills.
- Ability to understand complex business problems, conduct analysis, and identify well-reasoned solutions.
- Highly organized and detail-oriented.
- Results-oriented mindset and commitment to meeting or exceeding operational and financial goals.
- Strong communication skills to interact across and up the organization.
- Business partner mindset, with ability to understand issues facing the business and industry and build partnerships and relationships.
Nice To Haves
- Treasury operations experience, with demonstrated knowledge of cash management, bank infrastructure, and investments.
- Experience using Kyriba.
Responsibilities
- Monitor and manage the company’s daily cash position, recommend investments, and coordinate the process to reduce the cost of cash.
- Analyze cash concentration, pooling, and intercompany funding opportunities to optimize funding structures and working capital efficiency.
- Partner with internal business groups to understand sources and uses of cash and improve forecast accuracy.
- Develop forecasting methodologies and KPIs to measure performance.
- Provide liquidity and forecasting insights to senior leadership.
- Evaluate short-term cash investment and deposit strategies and recommend approaches that balance risk and reward while lowering the cost of cash and bank fees.
- Conduct risk assessments related to counterparty exposure, concentration limits, and market conditions.
- Coordinate derivatives settlement confirmation.
- Transact and coordinate spot and forward foreign exchange trades and money market investments as needed.
- Partner with the Capital Markets group and assist with cross-currency swap transactions supporting intercompany funding structures, including settlement confirmation.
- Administer bank portals and coordinate bank signer updates.
- Monitor bank performance and service-level agreements.
- Collaborate with banking partners to evaluate banking structures, account rationalization initiatives, and service enhancements.
- Collaborate with business units and corporate departments on cash forecasts and intercompany financing structures, and identify and implement new services as the business and banking industry evolve.
- Continuously improve processes, procedures, and controls for cash movement, bank balance and fee monitoring, and other treasury activities, including SOX documentation.
- Maintain and improve the Treasury technology platform and tools (Kyriba).
- Identify and implement process automation opportunities.
- Lead treasury technology enhancements and transformation initiatives.
- Manage the treasury operations team.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
