Director Treasury Operations and Treasury Systems
Director Treasury Operations and Treasury Systems
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$ 130000 - 216600
1 Vacancy
Job Description
McKesson is an impactdriven 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 wellbeing 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 tomorrows health today we want to hear from you.
The Director Treasury Operations and Treasury Systems is a key position in McKessons corporate treasury function with responsibility for leading the treasury operations team in managing and optimizing McKessons global liquidity. Other responsibility includes partnering with business units to develop payment solutions to enhance efficiencies and to manage and enhance our treasury systems and tools.
* Our ideal candidate will reside in the Dallas metroplex area. This position allows primarily working from home but the team meets once every two weeks in our Irving office.
Key Responsibilities
Global Liquidity Management
Monitor and manage the companys daily cash position including cash concentration wires and investments
Manage McKessons $4 billion commercial paper program the main shortterm debt tool that McKesson uses to meet domestic cash shortfalls
Partner with international Treasury team to ensure daily cash needs are met outside the U.S. in a costefficient manner
Evaluate shortterm cash investment alternatives in various currencies and deploy optimal strategy for appropriate risk/reward balance
Develop maintain and improve our enterprise cash forecasting processes and capabilities working in partnership with the Business Unit Technology and other stakeholders
Lead the process for estimating interest income and expense budget and forecast
Bank Account Management & Payment Operations
Maintain McKessons global banking infrastructure including opening and closing bank accounts preparing KYC materials for banks adding/removing banking services and administering bank portals
Rationalize bank account structure to optimize costs and operational efficiencies. Monitor and analyze bank account service charges
Stay abreast of all key regulatory and tax changes in the U.S. and foreign markets that could impact the companys banking infrastructure payments landscape
Ensure SarbanesOxley compliance
Foreign Exchange Transactions
Transact all spot and forward FX trades as needed
Partner with the Capital Markets group in transacting crosscurrency swaps to support intercompany funding structures
Relationship/Business Management
Proactively collaborate with all business units and corporate functions on liquidity and payments needs. Implement new bank technologies and products to gain operational efficiencies. Regularly partner with Tax Legal Accounting AR and AP
Find ways to continuously improve processes procedures and controls surrounding cash movement bank balance/fee monitoring and other Treasuryrelated activities
Maintain cash management banking and financial institution relationships
Merchant Processing & Corporate Card Program Management
Serve as primary Relationship Manager for all merchant processing relationships globally including American Express Visa and Mastercard
Manage direct report responsible for merchant processing optimization projects including interchange optimization merchant processor consolidation and detailed interchange reporting
Treasury Systems
Maintain and improve the Treasurys technology platform and tools (Kyriba) to support efficient and effective operations of the team
Qualifications
Minimum Requirements
12 years of professional work experience with at least 4 years in leadership or management roles
Bachelors Degree in Business Finance or relevant field
Critical Skills
Previous experience in Treasury operations preferred with demonstrated knowledge in operations as they relate to cash process bank infrastructure investments commercial paper issuance
Previous experience in management / leadership roles
Merchant processing experience preferred
Strong Microsoft Excel and analytical skills with experience creating and manipulating financial models using large datasets with ability to interpret and transform financial data into recommendations to senior leadership
Demonstrated ability to understand complex business problems conduct analysis and identify wellreasoned solutions
Demonstrated ability to communicate and collaborate at all levels
Demonstrated success building and maintaining strong business partnerships
Advanced knowledge of accounting principles
Additional Skills
Project Management
Experience with financial systems including FCCS and Kyriba
Strong attention to detail and accuracy
SarbanesOxley
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 McKessons 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 longterm incentive opportunities may be offered. For more information regarding benefits at McKesson pleaseclick here.
Our Base Pay Range for this position
$130000 $216600McKesson 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 McKessons full Equal Employment Opportunity policies visit our Equal Employment Opportunity page.
Join us at McKesson!
Required Experience:
Director
Employment Type
Full-Time
