Sr. Financial Analyst - GPO Rebates and Fees

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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. FSS Overview : The Financial Services and Solutions (FSS) organization supports McKesson businesses by delivering accurate, efficient, and compliant financial operations. Within FSS, the Supplier and Customer Finance (SCF) team manages high‑volume financial transactions related to McKesson's service offerings, with a focus on ensuring accurate customer pricing through rebates and administrative fee programs. Position Summary (Purpose of job): The Senior Accounting Analyst (GPO) independently executes Group Purchasing Organization (GPO) rebate and administrative fee processes in accordance with executed contractual agreements and established controls. Core responsibilities include contract review and implementation, accrual processing, general ledger reconciliations, financial reporting, and validation and payout of pass‑through rebates. The role applies to analytical judgment to interpret contract terms, investigate variances, resolve discrepancies, and ensure accurate financial outcomes. This position partners with Accounting, Operations, and other cross‑functional teams to support month‑end close and ongoing operational activities. The Senior Financial Analyst operates with minimal supervision, follows defined policies and SOX controls, and contributes to process improvements within an established framework to enhance efficiency and data accuracy. The right candidate to join our FSS team can demonstrate the following competencies: embrace digital transformation, diverse and inclusive collaboration, strategic and analytical thinking, adaptability and growth mindset, expected to exercise independent judgment in solving complex financial issues, and provide clear, outcome‑focused communication. Role Summary : 1. Responsibility 1: Drive process improvements and ensure compliance . Proactively identify and implement opportunities to streamline and automate rebate and billing processes to improve efficiency and strengthen controls. Ensure GPO rebate and fee processes are documented and executed in accordance with SOPs and SOX/internal control requirements. Lead or support special projects and ad‑hoc initiatives to meet departmental and organizational objectives. 2. Responsibility 2: Review and interpret contracts to ensure accurate fee billing and rebate compliance. Analyze GPO and customer contractual agreements to confirm fee calculations and supplier billings are fully compliant with contract terms. Ensure proper execution of the supplier invoicing for administrative fees and rebates, verifying that all contractually required invoice data elements are included. 3. Responsibility 3: Manage rebate payouts, collections, and dispute resolution processes . Calculate, validate, and process the payout of "pass-through" rebates to customers, ensuring timely and accurate payment of all eligible rebates Review aging reports and assist Accounts Receivable Team with collection efforts, including ensuring the proper application of incoming supplier payments for GPO fees Coordinate and resolve billing disputes or discrepancies with suppliers and internal teams through negotiating and influencing, facilitating prompt issue resolution and corrective actions 4. Responsibility 4: Prepare and distribute monthly financial reports, scorecards, and key metrics related to GPO rebates and fees to provide visibility into program performance . Provide management with monthly accrual and variance analysis reports for GPO rebates and supplier fees, highlighting trends and insights to support decision-making. Assist in periodic profit-and-loss (P&L) analysis and forecasting for rebate and fee programs as needed with FP&A teams, ensuring transparency of financial impacts. 5. Responsibility 5: Ensure month-end close processes are completed accurately and on time. Verify that all accruals and rebate calculations are updated and recorded for the month-end close in a timely manner. Perform detailed reviews of financial transactions with strict adherence to GAAP, company policies, and SOX compliance requirements. Audit Requests Perform general ledger account reconciliations and flux/variance analyses of financial results, providing analytical insight into monthly and quarterly performance. General Responsibilities Drives operational maturity by identifying opportunities for automation and self-service, focusing on enterp

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