McKesson Procurement Business Analyst in Quebec, Canada
McKesson is in the business of better health and we touch the lives of patients in virtually every aspect of healthcare. At McKesson Canada, we touch the lives of 12 million Canadians every day. We carry more than 35,000 products in 17 distribution centers and ultimately provide distribution to 6,300 retail pharmacies, 1,350 hospitals, long-term care centers, clinics and institutions all over Canada. But we're so much more than a distribution company. We've automated 2,500 retail pharmacies and dispense over 100 million doses a year through our automation solutions. Manufacturers, healthcare providers and patients count on us for a full range of services that contribute to the quality and safety of care for us all.
At McKesson Canada, you’ll 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.
Reporting to the Senior Manager, Procurement Strategy, the Business Analyst, Procurement performs financial and commercial analysis for revenue generation initiatives. The role is involved in the financial reporting process and provides the management team and Procurement Strategy team with timely decision-making information on financial performance of McKesson and its business partners (vendors and clients), as well as commercial opportunities. The Business Analyst, Procurement prepares sound business cases for new opportunities, develops financial plans to support negotiations, and monitors gaps in performance. The Business Analyst will also contribute in the preparation of portfolios and key information required for supplier and customer meetings.
Section A – Specific Responsibilities
Financial and Commercial Analysis (95%)
Provides the Procurement Strategy team with decision-making information through consistent reporting, metrics and business intelligence (e. g. vendors’ profitability, cash conversion cycle, inventory carrying cost) on procurement activities.
Conducts revenue generating analyses – at overall and vendor-level of detail, comprising retail, specialty, and hospital lines of business
Prepares detailed business cases to assess cost-benefits of global partnerships on McKesson Canada, opportunity buys, vendor programs and other new initiatives.
Identifies and communicates financial risks, and provides recommendations for low performing programs and initiatives to ensure KPIs stay in line with McKesson targets.
Updates budget files, ensures their accuracy and integrity, submits these files to the Management team and actively participates in the financial forecasting and annual budgeting process.
Responsible for month-end reporting cycle and review of financial results; monthly forecasting
Collects data on vendors’ financial performance (global and local agreements) based on KPIs defined by the Procurement Strategy team and communicates results to support follow-up on vendor performance management.
Works with Strategic Procurement and Operations teams, and in some cases, directly with vendor to implement and monitor performance-driven incentives pertaining to agreed-to metrics or objectives
Measures revenue growth, free cash flow ratio, working capital ratio, and general procurement financial performance.
Supports negotiations led by Procurement Strategy by providing meaningful insights into manufacturer’s profitability, program contribution margins, cash-to-cash cycle time and market intelligence.
Section B – General Responsibilities
Maintains relevant business knowledge of product categories and stays abreast of market and industry trends and conditions.
Acts as a McKesson ambassador of corporate values.
Section C – Position Requirements
3-5 years of experience in finance, supply chain, procurement, inventory management and replenishment.
Retail/Wholesale/Life Sciences experience an asset.
- Bachelor’s degree in Business Administration, Finance, Accounting, or equivalent.
Personal Development and Soft Skills
Strong business acumen and analytical skills.
Excellent partnering skills.
Strong communication and presentation skills.
Ability to collaborate with various levels of management and employees.Technical Skills
Bilingualism would be preferred.
Proficiency with ERP systems and Replenishment systems an asset.
Extensive knowledge of MS Office products (Power Point, Excel, Word, Project and Visio).
Knowledge of supply chain finance and procurement processes.
Solid financial modeling skills.
Other Skills and Capabilities
Solid experience working with senior management.
Ability to work as part of multi-functional teams.
Attention to detail, whilst maintaining a strong sense of summary and ability to synthesize.
Ability to identify operational and strategic issues and proactively drive solutions.
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.
No agencies please.
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McKesson Canada is an equal opportunity employer and values diversity in its workforce. We encourage applications from all qualified individuals and will accommodate applicants' needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process.
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Organization: McKesson Canada
Title: Procurement Business Analyst
Requisition ID: 18002419