Director, Treasury Operations and Treasury Systems

Company: MCKESSON
Location: Irving
Posted on: May 4, 2025

Job Description:

McKesson is an impact-driven, 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 well-being 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 tomorrow's health today, we want to hear from you.

The Director, Treasury Operations and Treasury Systems is a key position in McKesson's corporate treasury function with responsibility for leading the treasury operations team in managing and optimizing McKesson's 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 company's daily cash position, including cash concentration, wires, and investments
  
• Manage McKesson's $4 billion commercial paper program, the main short-term 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 cost-efficient manner
  
• Evaluate short-term 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 McKesson's 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 company's banking infrastructure, payments landscape
    
  • Ensure Sarbanes-Oxley compliance
    
    
    Foreign Exchange Transactions
    
    • Transact all spot and forward FX trades as needed
      
    • Partner with the Capital Markets group in transacting cross-currency 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 Treasury-related 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 Treasury's 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
              
            • Bachelor's 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 well-reasoned 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
                  
                • Sarbanes-Oxley
                  
                  
                  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 McKesson's 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 long-term incentive opportunities may be offered. For more information regarding benefits at McKesson, please click here.
                  
                  Our Base Pay Range for this position
                  
                  $130,000 - $216,600
                  
                  McKesson 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 McKesson's full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.
                  
                  Join us at McKesson!

Keywords: MCKESSON, Carrollton , Director, Treasury Operations and Treasury Systems, Accounting, Auditing , Irving, Texas