McKesson Sr. Business 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.
Are you accustomed and comfortable with a changing, complex and fast paced environment with multiple deliverables and tight deadlines? If so, this could be your opportunity to excel and grow. We are looking for an experienced Senior Business Analyst for our Contracts Administration Department.
The department performs essential contract administration functions with wide ranging financial and operational impact to the business. In this position, you will work alongside our management and business process groups internally and externally. You will be will be given tremendous opportunities to demonstrate your initiative, self-reliance, analytical thinking, project management and exemplary organizational skills. In this role you will support business units through the identification and execution of high ROI impact process reengineering and automation projects. You will proactively analyze financial and operational data (pricing accuracy, disputed claims, contract loads and EDI) from multiple sources in order to provide the business with detailed reporting and insights regarding trends and opportunities for operational improvement.
In order to achieve these results you will need to use your financial, business and systems expertise to the fullest. In this role you will be empowered and challenged with supporting business change as well as designing, establishing and implementing improvements to processes and efficiencies that will be of great value to the department and the company. No one day will be the same, as you will have the ability to interact and coordinate with various internal and external customers. (large medical suppliers, manufacturers and group purchasing organizations).
If this describes you and your interests, please read further for the complete job description.
Address and resolve manufacturer dispute claims through in-depth data analysis of data presented and internal data extraction. Conduct analysis independently to include seeking knowledge in areas not previously identified or known. Research all components of dispute claims to minimize loss to McKesson.
Lead and execute through data analysis, direct observation and interaction, process reengineering and automation opportunities. Work with IT (Production and System Support teams) to identify system issues or performances challenges. Present project proposals with supporting financial and operational data to senior management for approval and prioritization.
Identify and initiate process improvement projects based on root cause analysis. Implement process solutions, which will enable the operations teams to function more efficiently and effectively.
Collaborate with internal partners to resolve complex issues that cross department, business unit or corporate boundaries.
Monitor system and EDI performance, internally and externally to ensure the efficient flow of EDI files to and from manufacturers including timely delivery and completeness of posting manufacturer files.
Initiate collections follow up and avoid adverse impact to McKesson financials metrics (DCO and Denial rates). Monitor and identify critical aging and provide assistance to resolve and report to management all balance conditions that affect the reserve.
Analyze all balance components of the DCO and develop a strategy to seek ways to lower on an on-going basis.
Perform testing for system changes/enhancements, thoroughly documenting results and escalating exceptions. Participate in relevant UAT activities to ensure optimum system performance.
Mentor individuals identified through succession planning processes as potential business analysts.
Provide training to operation team members to develop and expand their processing skills.
5+ years contract administration experience
2-3 years of experience in a Data Analysis role within a fast paced business environment
Bachelors degree in business administration, accounting, statistics, information systems or combination of education and experience
Experience in analyzing very large and complex datasets (i.e. tens of thousands of lines)
Advanced level working knowledge of MS Office products, including Excel (v-look ups, pivot tables, charts, graphs, and macros), Word, and PowerPoint
Strong relationship building and communication skills
Six Sigma process improvement experience strongly preferred (Greenbelt training) and or other process improvement methodology training. Prior experience identifying an area of business process improvement and executing on it with formal business process improvement methodology training is required
Additional Knowledge & Skills
Prior experience working with EDI transaction sets (EDI maps utilized: 800 Series/844, 845, 849) for testing validation and compliance within industry standards.
Experience working with ERP Systems such as: SAP, JD Edwards, Oracle, Peoplesoft, etc.
Strong attention to detail
Strong prioritization skills
Must be able to work independently and take full accountability
Prior project management experience (managing at minimum 2-3 primary projects and adhoc projects simultaneously) and researching skills
Must be able to work with cross functional teams (i.e. IT, Operations, and Finance)
Experience in a shared services center
4-year degree in business or related field or equivalent experience
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.
No agencies please.