McKesson Senior Financial Analyst in Carrollton, Texas

McKesson is in the business of better health and we touch the lives of patients in virtually every aspect of healthcare. It starts with the chain of events you initiate when you work with McKesson Pharmaceutical - a chain that extends across the country and results in millions of people getting more from their healthcare.

As the leader in pharmaceutical distribution and supply chain management, McKesson Pharmaceutical delivers vital branded and generic pharmaceuticals, as well as over-the-counter products, to more than 40,000 customers in three primary segments: retail chains, independent retail pharmacies and institutional providers such as hospitals, health systems, integrated delivery networks and long-term care providers.

We base our distribution excellence on electronic order processing, asset management tools, a commitment to Six Sigma methodology, order accuracy and supply chain safety. We work with our customers on solutions - including supply management technology, world-class marketing programs, managed care and repackaging products and services - that help them meet their business and quality goals. Our entire team works to ensure patients receive their medications efficiently and begin the process of healing.

As the nation’s largest pharmaceutical distributor, US Pharmaceutical is committed to driving total pharmacy health for customers and ensuring that customers receive the right drug at the right time, every time. This commitment is underpinned by McKesson’s focus on providing customers with the industry’s highest product availability, intelligent ordering capabilities and unmatched service accuracy.

Join our team of leaders to begin a rewarding career.

Current Need

This position will assist the rebate function for the Independent/Small Chain (ISMC) segment of the US Pharma division. Currently, rebates in this segment total $1.8 billion annually and consequently have a significant impact on our gross margin. This function requires well developed skills in accounting, business analysis, and process improvement. This position will assist the rebates team with interpretation and analysis of customer agreements ensuring the integrity of financial information.

Position Description

  • Facilitate, monitor and report the workload prioritization, distribution, and completion of tasks for the team

  • Participate in agreement draft reviews, on-boarding and implementation of new and revised contracts and customer agreements to ensure accurate and timely issuance of rebate payments.

  • Liaise with management to design procedures and processes for effective and efficient set-up for rebate programs and implement solutions for process and profitability improvements

  • Perform detailed analysis and review of processes/transactions with a strict adherence to GAAP, Company and SOX compliance and policies

  • Interact with internal and external customers and stakeholders in order to research and resolve issues related to customer rebate payments

  • Ensure all accruals/rebate calculations are updated/reviewed to ensure a timely and accurate month end close process

  • Provide feedback to Sr. Manager on performance, strengths and weaknesses of ISMC analysts and participate, as required, in performance management and development of ISMC analysts

  • Be a champion of the “One Rebates” culture through collaboration and information sharing

  • Perform review of monthly general ledger reconciliations and provide guidance to analysts to ensure appropriate action is taken

  • Collaborate with the accounting, finance and pricing teams with monthly P&L analysis for customer rebate accounts

  • Participate in development of standardized and streamlined processes to facilitate rebate system enhancements and automation

  • Identify and communicate best practices and/or opportunities to strengthen controls

  • Use the various McKesson systems (BW, SAP, SMO, etc) to extract data for purposes of rebate accruals and analysis

  • Prepare, monitor, review and distribute monthly and ad hoc reporting

  • Special Projects and analysis as required

QualificationsMinimum Requirements

8+ years accounting experience

Critical Skills

  • Must have strong analytical, financial analysis and conceptual thinking experience

  • Demonstrated leadership experience to include leading teams, providing coaching/mentoring to others or managing projects

  • Intermediate to advanced knowledge of MS Excel

  • 2+ years customer service experience and demonstrated leadership skills

  • Strong verbal and written communication skills

  • Ability to identify process improvement and lead initiatives

  • Ability to adapt and prioritize to a fast pace and changing environment

Additional Knowledge & Skills

  • Experience with understanding/interpreting contractual agreements highly preferred

  • Ability to obtain buy-in for solutions/recommendations

  • Strong project/time management skills

  • Process improvement experience

  • Presentation skills with the ability to lead meetings

  • Ability to adapt to a fast pace and changing environment

  • Thorough knowledge of accounting policies, practices and systems


4-year degree in accounting or related field or equivalent experience

Physical Requirements

General Office Demands

Benefits & Company Statement

McKesson believes superior performance – individual and team – that helps us drive innovations and solutions to promote better health should be recognized and rewarded. We provide a competitive compensation program to attract, retain and motivate a high-performance workforce, and it’s flexible enough to meet the different needs of our diverse employee population.

We are in the business of better health and we touch the lives of patients in virtually every aspect of healthcare. We partner with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting.

But we can’t do it without you. Every single McKesson employee contributes to our mission—whatever your title, whatever your role, you act as a catalyst in a chain of events that helps millions of people all over the globe. Talented, compassionate people are the future of our company—and of healthcare. At McKesson, you’ll collaborate on the products and solutions that help us carry out our mission to improve lives and advance healthcare. Working here is your opportunity to shape an industry that’s vital to us all.

McKesson is an equal opportunity and affirmative action employer – minorities/females/veterans/persons with disabilities.

Qualified applicants will not be disqualified from consideration for employment based upon criminal history.

Agency Statement

No agencies please.

Category: Finance and Accounting