McKesson Corporation is a Fortune 8 company and is one of the largest providers of healthcare supply chain management solutions, retail pharmacy, medical & pharmaceutical supplies, healthcare technology, community oncology and specialty care in the United States with revenues of $231 billion in 2020. The company was founded in 1833 by John McKesson and Charles Olcott in New York with a focus on importing and wholesaling pharmaceutical products. United by our ICARE shared principles, McKesson's 80,000 employees work together every day to make better care possible around the globe - one product, one partner, one patient at a time.
The Analyst - Supplier Credit Risk will provide analytical and reporting capabilities that provides visibility and supports decision-making on supplier risk mitigation actions. The analyst will have a critical role measuring and monitoring McKesson's net exposure to suppliers - across a vast landscape of McKesson businesses that resides within multiple ERPs and includes transactional data from AR, AP, and Inventory.
The analyst will also be working in partnership with the Credit Risk team to assess supplier's credit risk level and continue to develop her/his credit risk assessment skills. The analyst will be responsible for continuing to drive the reporting environment towards a higher maturity level both improving reporting quality (effectiveness) and timeliness (efficiency). Cross-department collaboration is crucial in this role, with regular interactions with Legal, AR, AP, Returns, and business leaders to illustrate, communicate, and execute on mitigating actions to protect McKesson assets.
Manage ongoing Net Exposure measurement (AR, AP, Inventory) that helps quantify McKesson's exposure to potential losses from a supplier across multiple businesses - enabling the critical visibility that may propel mitigating action
Assess supplier's credit risk level using McKesson's credit risk framework: business health (revenue, margins, and cash flow); balance sheet health (liquidity and leverage); Other risk factors
Support successful execution of mitigating actions identified as critical to minimize the risk of losses and/or recover from losses already incurred (initiate, track, follow-up, escalate, mitigate)
Pull data from multiple sources, aggregate, transform and enhance it, in a way that supports required operational insights
Continue to improve the reporting environment across Supplier Credit Risk - focusing on improving:
Effectiveness - report quality (accuracy and ability to derive actionable insights)
Efficiency - level of effort (how long does it take to generate)
Develop periodic causation insights for material Net Exposure variances across monitored suppliers - what, why, and how much
Stay current with news stories/events that increase McKesson's financial risk to suppliers
Understand the impact AR, AP, and Inventory have on McKesson's exposure to potential losses
Work collaboratively with groups across various functions and geographies to drive outcome
2+ years experience in financial analysis
4-year degree in finance, accounting or related field or equivalent experience.
Strong proficiency in Excel formulas and functions
Relevant experience in manipulating large datasets - extraction, consolidation, transformation
Strong analytical skills and ability derive critical insights from data
Go-getter type profile with a passion to learn and grow
Ability to create and manage a data model (i.e., flat file concept) - using Excel (bare minimum) and/or other large data transformation tools (preferable - e.g., Business Objects, SQL, MS Access, Python, R)
Data extraction from multiple ERPs or from data warehouse
Data consolidation (e.g., AR, AP, Inventory, credit risk rating)
Data transformation / data enrichment - derived attributes (from Master Data source) and/or calculated attributes (e.g., invoice age, aging bucket)
Ability to provide required level of visibility in a multi-dimensional environment - using Pivot Tables (bare minimum) and/or other visualization tools (e.g., Tableau)
Detail oriented with experience building data validations for accuracy into reporting
Financial modeling experience with strong proficiency in Excel formulas and functions (pivot tables, lookup functions, macros) and/or similar type functions across other tools (e.g., Tableau)
Comfort dealing with ambiguity and ability to work independently
McKesson is an Equal Opportunity/Affirmative Action employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.Qualified applicants will not be disqualified from consideration for employment based upon criminal history.
McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to McKessonTalentAcquisition@mckesson.com . Resumes or CVs submitted to this email box will not be accepted.
Current employees must apply through the internal career site.
Join us at McKesson!
Internal Number: JR0044814
About McKesson Corporation
We deliver careers with purpose and potential. Our focus on better health starts with creating an inclusive environment with strong values where you can build a fulfilling career. You can count on us to provide you with resources and opportunities to grow and be your best, while contributing to our pursuit of improving lives. Every day, McKesson’s employees deliver products to healthcare providers that make a difference in the care and life of a patient. We work to distribute medical supplies, bandages, syringes, vials of flu vaccine, and pharmaceutical drugs to help real patients like Jack, an eight-year-old boy battling cancer. We take that job seriously. Together, the work we do is shaping the future of healthcare. If you are passionate about combining a meaningful career with a balanced life, join us on this journey and apply for a job with McKesson today. Every day, McKesson’s employees deliver products to healthcare providers that make a difference in the care and life of a patient.