Treasury Operations Manager
About The Position
The Manager, Treasury Operations is a key position in McKesson Medical-Surgical (MMS)/Wellverse’s treasury function. The role 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, including Kyriba. The position oversees daily cash management, liquidity and forecasting, investment and deposit strategies, foreign-exchange and money-market transactions, banking relationships and treasury controls. It collaborates with business units, corporate departments, banking partners, senior leadership and the Capital Markets group to improve forecasting, funding structures, working capital efficiency and treasury operations. McKesson Medical-Surgical distributes medical-surgical supplies, pharmaceuticals, diagnostic equipment and related solutions to healthcare providers outside traditional hospitals. The position offers a base pay range of $90,000–$150,000. Additional compensation, such as an annual bonus or long-term incentive opportunities, may be offered. The posting refers candidates to McKesson for benefits information but does not specify particular benefits.
Requirements
- At least 5 years of finance- or treasury-related experience.
- Bachelor of Science degree in Finance or a related field.
- Demonstrated 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.
- Strong organization and attention to detail.
- Results orientation and commitment to meeting or exceeding operational and financial goals.
- Strong communication skills to interact across and up the organization.
- Business-partner mindset and ability to understand business and industry issues, build relationships and forge partnerships.
Nice To Haves
- Treasury operations experience, including 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 cash sources and uses 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 confirmations.
- Coordinate with the MMS trader on spot and forward FX trades and money-market investments as needed.
- Partner with the Capital Markets group and assist with cross-currency swaps supporting intercompany funding structures, including settlement confirmations.
- Administer bank portals and coordinate updates to bank signers.
- Monitor bank performance and service-level agreements.
- Collaborate with banking partners to evaluate banking structures, account rationalization initiatives and service enhancements.
- Work with business units and corporate departments on cash forecasts and intercompany financing structures, and identify and implement 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, including Kyriba, to support efficient and effective operations.
- 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
