Sr. Accounting Manager, Bank & Cash

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The Sr. Accounting Manager Bank and Cash reports to the Sr. Director Accounting Operations and serves as a highly visible strategic individual contributor within McKessons 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 ARCs 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 experience.

Preferred Qualifications

• Exposure to advanced analytics platforms (Power BI/Tableau) automation or AI-enabled tools and agents to improve Bank and Cash accounting processes
• Experience documenting Bank and Cash accounting processes and understanding how those processes impact financial reporting controls treasury activities and the broader business
• Experience in Blackline Kyriba cash matching bank reconciliations or treasury accounting processes is highly preferred
• Project leadership or process improvement leadership
• Certified Public Accountant (CPA)
• Experience in a large company with complex multi-system environments
• Experience working with a third-party service providers

Critical Skills

• Experience with SAP Kyriba Blackline or other large ERP treasury reconciliation and automation platforms
• Strong communication skills including ability to present to senior leaders
• Demonstrated ability to collaborate and develop strong partnerships with all facets of the organization
• Excellent team building skills strategic problem-solving skills strong project and resource management analytical and conceptual thinking skills
• Thorough knowledge and understanding of accounting principles and internal control environments
• Demonstrated ability to operate effectively in a highly ambiguous evolving environment including during large-scale transformations process redesign or changes in ownership models

Physical Requirements

• General office demands.

Career Level

P4

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 McKessons 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 pleaseclick here.

Our Base Pay Range for this position

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