Treasury Operations Analyst

McKesson•Richmond, VA

2d•$78,000 - $130,000

About The Position

The Analyst, Treasury Operations is a key member of McKesson Medical-Surgical’s treasury function and helps manage and optimize global liquidity. The role partners with business units to develop payment solutions that improve efficiency and supports the management and enhancement of treasury systems and tools. The position monitors daily cash positions, supports investment and borrowing activities, assists with capital markets transactions and hedging, and prepares treasury reporting for business and executive decision-making. It also administers banking platforms and controls, maintains bank-account documentation, supports cash forecasting and intercompany financing, manages vendor and banking relationships, and contributes to treasury technology and process improvements. McKesson Medical-Surgical distributes medical-surgical supplies, pharmaceuticals, diagnostic equipment and supplies, and related solutions to healthcare providers outside traditional hospitals. The segment has approximately 8,000 employees, 15 distribution centers, approximately 900 delivery vehicles, more than 2,200 manufacturer partners, and over 200,000 customer accounts. It is expected to become Wellverse in early 2027. The stated base pay range is $78,000–$130,000. An annual bonus or long-term incentive opportunities may also be offered. McKesson describes its compensation as dependent on factors including performance, experience, skills, equity, market evaluations, and geography.

Requirements

At least 3 years of finance- or treasury-related experience.
Bachelor of Science degree in Finance or a related field.
Strong Microsoft Excel and/or Google Sheets skills and analytical skills.
Ability to navigate large, complex organizations and collaborate across multiple businesses and functional areas.
Ability to manage and prioritize responsibilities with competing short deadlines and under pressure.
Ability to ramp up quickly on challenging topics.
Business-partner mindset and ability to understand internal and external business and industry issues, build relationships, and forge partnerships.
Ability to understand complex business problems, conduct analysis, and identify well-reasoned solutions.
Highly organized and detail-oriented approach.
Results-oriented mindset and personal commitment to meeting or exceeding operational and financial goals.
Strong communication skills for interacting throughout the organization.

Nice To Haves

Treasury operations experience, with demonstrated knowledge of cash management, commercial paper issuance, bank infrastructure, and investments.
Experience using Kyriba or another treasury management system.

Responsibilities

Monitor and manage the Medical-Surgical business unit’s daily cash position, recommend investments, and help reduce the cost of cash.
Provide operational and analytical support for short- and long-term borrowing arrangements, hedging activities, and share repurchases.
Assist the capital markets team with executing financial-market transactions as needed.
Prepare departmental reports with other Treasury team members.
Partner with internal business groups to understand cash sources and uses and maintain a robust cash forecast.
Prepare executive-level treasury reporting, including liquidity metrics, cash forecasts, investment performance, and CFO dashboards.
Evaluate short-term investment opportunities, bank deposits, and cash management strategies while balancing liquidity, yield, risk exposure, and banking costs.
Monitor regulatory, tax, and market developments affecting investments, treasury operations, and cash management.
Assist with coordinating derivatives settlement confirmations.
Assist with and coordinate spot and forward FX trades.
Partner with Capital Markets and assist with cross-currency swap settlements supporting intercompany funding structures and risk management.
Help execute, value, and manage derivative trades used to hedge foreign exchange, interest, and other operational risks.
Administer online banking platforms, user entitlements, security controls, and bank portal access.
Maintain bank-account documentation, signer authority records, and eBAM workflows to support corporate governance and banking requirements.
Collaborate with banking partners to maintain and develop cash management structures and resolve day-to-day operational issues.
Collaborate with business units and corporate departments on cash forecasting, intercompany financing structures, and identification and implementation of new services.
Improve processes, procedures, and controls related to cash movement, bank balance and fee monitoring, other Treasury activities, and SOX documentation.
Manage relationships with vendors, including banks, credit rating agencies, investment managers, and retirement plan administrators.
Maintain and improve the Treasury technology platform and tools, including Kyriba.
Participate in treasury-system enhancements and process-automation initiatives to improve operations and reporting.