Treasury Operations Analyst

McKesson•Richmond, VA

About The Position

The Analyst, Treasury Operations is a key member of McKesson Medical-Surgical’s treasury function and is responsible for managing and optimizing global liquidity. The role partners with business units to develop payment solutions, improve efficiency, and manage treasury systems and tools. It supports cash management, investment decisions, borrowing arrangements, hedging activities, capital markets transactions, and treasury reporting. The analyst also maintains banking platforms and records, supports derivatives and foreign exchange transactions, and works with internal teams and external partners to improve treasury operations, controls, and technology.

Requirements

At least 3 years of Finance- or Treasury-related experience.
Bachelor of Science degree in Finance or a related field.
Demonstrated knowledge of cash management, commercial paper issuance, bank infrastructure, and investments.
Ability to navigate large, complex organizations and collaborate with multiple businesses and functional areas.
Ability to manage and prioritize competing responsibilities and short deadlines under pressure.
Ability to ramp up quickly on challenging topics.
Strong Microsoft Excel and/or Google Sheets skills and analytical abilities.
Strong communication skills to interact across and up the organization.
Highly organized and detail-oriented.
Ability to understand complex business problems, conduct analysis, and identify well-reasoned solutions.
Results-oriented mindset and commitment to meeting or exceeding operational and financial goals.

Nice To Haves

Treasury operations experience.
Experience using Kyriba or another treasury management system.
A business partner mindset and ability to understand internal and external business and industry issues to build relationships.

Responsibilities

Monitor and manage daily cash positions, recommend investments, and coordinate the process to 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 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.
Coordinate derivatives settlement confirmations and spot and forward foreign exchange trades.
Partner with Capital Markets and assist with cross-currency swap settlements supporting intercompany funding and risk management.
Help execute, value, and manage derivative trades 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 governance and banking compliance.
Collaborate with banking partners to maintain and develop cash management structures and resolve operational issues.
Work with business units and corporate departments on cash forecasts, intercompany financing structures, and implementation of new services.
Improve processes, procedures, and controls related to cash movement, bank balance and fee monitoring, and other Treasury activities, including SOX documentation.
Manage relationships with 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.