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Inventory Accounting

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McKesson

26d ago

  • Job
    Full-time
    Senior Level
  • Accounting & Tax
    Healthcare
  • Alpharetta

AI generated summary

  • You need a Bachelor’s in Accounting or Finance, 8+ years of experience with 5+ in inventory accounting, SAP proficiency, analytics tools knowledge, and strong communication skills.
  • You will manage inventory accounting, oversee month-end close activities, collaborate with stakeholders, ensure compliance, drive process improvements, lead teams, create analytical reports, and execute ad hoc projects.

Requirements

  • Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA preferred but not required.
  • 8+ years of accounting/finance experience, with 5+ years in inventory accounting.
  • Industry experience highly desired.
  • Proven track record of managing month-end close processes and general ledger procedures.
  • High level of Proficiency in SAP
  • Experience with analytics tools like Power BI or Tableau.
  • Strong analytical, interpersonal, and communication skills.
  • Ability to influence multi-level stakeholders, from operational teams to executive leadership.
  • A team player with a solution-oriented mindset.
  • Ability to communicate with Executive-level leaders.

Responsibilities

  • Inventory Valuation Oversight: Manage inventory valuation accounting across all business units, ensuring compliance with US GAAP.
  • General Ledger Procedures: Lead month-end close activities, including reserves, journal entries, account reconciliations, variance analyses, and internal reporting.
  • Stakeholder Collaboration: Act as the primary contact for internal customers, addressing inquiries related to inventory valuation, purchase price variance (PPV) adjustments, and P&L impacts.
  • Compliance and Controls: Support compliance with external auditors, internal SOX requirements, and internal audit standards. Oversee the effectiveness of internal controls and recommend improvements.
  • Process Improvement: Identify opportunities to enhance efficiency and accuracy, driving projects to improve accounting processes and systems.
  • Team Leadership: Provide oversight for virtual teams managing inventory valuation and PPV tracking. Support and mentor team members to achieve deliverables.
  • Analytical Reporting: Leverage tools like Power BI and Tableau to create insightful financial reports and analyses to support strategic decision-making.
  • Ad Hoc Initiatives: Execute additional projects and analyses, contributing to cross-functional success and alignment with business objectives.

FAQs

What is the job title for this position?

The job title for this position is Senior Manager, Inventory Valuation Accounting.

What are the primary responsibilities of this role?

The primary responsibilities include managing inventory valuation accounting, leading month-end close activities, collaborating with stakeholders, ensuring compliance with regulations, driving process improvements, providing team leadership, and creating analytical reports.

What qualifications are required for this position?

A Bachelor’s degree in Accounting, Finance, or a related field is required, with 8+ years of accounting/finance experience, including 5+ years in inventory accounting. A CPA is preferred but not required.

Is industry experience necessary for this role?

Yes, industry experience is highly desired.

What technical skills are required for this position?

High proficiency in SAP and experience with analytics tools like Power BI or Tableau are required.

What soft skills are valued in this role?

Strong analytical, interpersonal, and communication skills are valued, as well as the ability to influence multi-level stakeholders and a solution-oriented mindset.

Where is this job located?

This position offers a hybrid work environment, allowing for a combination of remote and in-office work.

What is the salary range for this position?

The base pay range for this position is $89,000 - $148,400.

Does McKesson provide equal employment opportunities?

Yes, McKesson is an Equal Opportunity Employer and is committed to a diverse and inclusive workforce.

Are benefits offered for this position?

Yes, McKesson offers a competitive compensation package as part of their Total Rewards, which includes various benefits.

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

McKesson is a UK-based healthcare services and information technology company that plays a pivotal role in improving healthcare delivery. Their ultimate mission is to empower healthcare providers with innovative solutions and technology to ensure better patient outcomes and operational efficiency. With a purpose deeply rooted in patient care, McKesson offers a wide range of services, including pharmaceutical distribution, medical supplies, technology solutions, and clinical support. They strive to enhance healthcare accessibility, quality, and affordability, making a significant contribution to the overall health and well-being of communities across the UK.

Culture & Values

  • Integrity

    McKesson employees make decisions, both big and small, with a focus on what is ethically right. Above all, we are committed to the greater good—for our company, our customers and the health care industry.

  • Inclusion

    We strive to create and maintain an inclusive culture where everyone feels comfortable bringing their authentic self to work each day. We embrace and respect each other as we are. Stand up for what is right and treat everyone with integrity and respect.

  • Customer-First

    Our commitment to our customers sets us apart. We hear time and again from our customers that they choose McKesson for our follow-through and customer-focused service. Our customers are at the center of everything we do, and our success comes from their success. They benefit from McKesson’s customized approach to their business and our ability to help them stay ahead of the changing health care landscape.

  • Accountability

    We make personal commitments—to our customers, vendors, and our colleagues. We hold ourselves accountable for keeping those promises. We take individual responsibility for the decisions we make to get results for our customers. We build trust with our customers by delivering on our promises. We all own accountability for McKesson.

  • Respect

    Our people treat each other, our customers and our vendors with dignity, consideration, open-mindedness and respect. By valuing diverse styles and skills, recognizing everyone’s contribution, and staying open to each other’s perspectives, McKesson cultivates an environment of innovation and collaboration—which pays off in the way we solve problems for our customers.

  • Excellence

    Our journey to excellence never ends—we always aim higher for our customers and partners. We act with success in mind and focus on results, constantly finding new ways to innovate, improve, and rigorously measure our progress. When customers choose McKesson, they’re choosing an industry leader who will work tirelessly to achieve excellence in quality, safety and efficiency—for the better health of our customers and the entire health care industry.

Benefits

  • Coverage you can rely on

    Total Rewards are our way of recognizing your hard work, and they include benefits that go beyond your base pay and healthcare coverage. We offer: Medical, Dental, and Vision, Health Spending Accounts, Flexible Spending Accounts, Financial Benefits including, 401(k) (U.S.), Pension (Canada), and Employee Stock Purchase Plan

  • Support for your total well-being

    Whether you want to relax and unwind, improve your fitness, or free your mind from stress, there’s a program for you. We offer: Mental Health Programs, Flexible Schedules, Paid Time Off, Wellness Program, Education Reimbursement, Volunteer Opportunities