Sr. Accounting Manager, Bank & Cash

About this role

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 Sr. Accounting Manager, Bank and Cash reports to the Sr. Director, Accounting Operations and serves as a highly visible strategic individual contributor within McKesson's Accounting, Reporting, and Compliance (ARC) organization. This role is responsible for accounting operations supporting Bank and Cash, including cash accounting, bank reconciliations, cash matching, debt-related accounting support, and related close activities, while also driving process transformation, automation initiatives, and continuous improvement efforts across the organization. The position provides oversight and support to the Virtual Team by reviewing work, managing escalations, analyzing exceptions, and driving timely resolution of outstanding bank, cash, and reconciliation items. It also supports SOX compliance, internal and external audit requests, and continuous improvement of controls and accounting processes. In addition to period-end close responsibilities, this role will lead and support cross-functional initiatives focused on process redesign, scalable operating models, automation governance, and the adoption of AI-enabled solutions that improve efficiency, strengthen controls, and enhance decision-making. As McKesson continues its transformation journey, this role will play a key part in helping evolve Bank and Cash operations from transaction-focused activities toward analytical review, oversight, exception management, and automation stewardship. The ideal candidate will combine demonstrated accounting expertise with forward-thinking leadership in process improvement and automation to operate as a trusted advisor and change agent, helping to modernize cash accounting processes while ensuring operational excellence, control effectiveness, and financial integrity.

Key Responsibilities

Accounting Operations & Financial Stewardship • Perform and review period-end close activities related to Bank and Cash, including journal entries, account reconciliations, cash matching results, flux analysis, and financial reporting. • Oversee preparation and review of Bank and Cash period-end deliverables performed by the Virtual Team. • Analyze complex bank, cash, debt, and reconciliation issues and develop practical solutions that improve quality, efficiency, and control effectiveness. • Provide oversight of bank account, cash clearing, and general ledger activity to ensure integrity and completeness of accounting records. • Support internal and external audits and maintain compliance with SOX requirements and internal control standards. • Partner with Treasury, business units, shared services, and other stakeholders to resolve accounting, operational, reconciliation, and reporting issues.

Automation, AI & Transformation Leadership • Identify opportunities to automate manual Bank and Cash accounting processes, including cash matching, reconciliation preparation, exception reporting, and recurring close activities. • Partner with transformation teams to evaluate, implement, and optimize AI-enabled workflows, digital agents, analytics tools, and automation platforms. • Monitor and oversee automated Bank and Cash processes to ensure output accuracy, control compliance, exception visibility, and sustainable operating practices. • Champion modernization initiatives that support ARC's future-state operating model. • Evaluate business processes for automation readiness and recommend scalable solutions that reduce manual effort and increase effectiveness. • Serve as a key contributor on accounting transformation initiatives and enterprise process improvement projects.

Project Leadership & Strategic Initiatives • Lead or actively participate in strategic projects that impact Bank and Cash operations, cash accounting, reconciliation processes, reporting, controls, process standardization, and organizational effectiveness. • Drive cross-functional initiatives from concept through implementation using strong project management and change management practices. • Coordinate stakeholders across Finance, Treasury, Technology, Shared Services, Banking Operations, and Business Units to achieve project objectives. • Establish and monitor project milestones, risks, dependencies, and success metrics. • Support broader ARC and corporate transformation initiatives as business needs evolve.

Leadership, Collaboration & Executive Visibility • Serve as a visible and effective trusted partner to senior leadership by providing insights, recommendations, and data-driven decision support. • Present accounting, operational, and project-related updates to senior leaders and executive stakeholders. • Facilitate cross-functional collaboration to resolve issues and drive process improvements. • Promote a culture of continuous improvement, accountability, innovation, and operational excellence.

Operational Excellence • Review and update SOPs, process documentation, and control frameworks. • Lead root cause analysis for complex bank, cash, reconciliation, and operational issues and implement sustainable corrective actions. • Drive quality initiatives that improve consistency, scalability, and efficiency across accounting processes. • Identify opportunities to enhance reporting, analytics, and operational transparency.

Qualifications   

Minimum Requirements    • ​​ Degree or equivalent and typically requires 7+ years of relevant accounting

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