Inventory Accounting ID-12908

April 26, 2025

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.

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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.

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.

Job Summary

The Senior Manager, Inventory Valuation Accounting, will lead the charge in ensuring accurate inventory valuation and reporting across all business units. This role is pivotal in maintaining financial integrity, supporting internal controls, and driving continuous improvement initiatives within our accounting processes. Success in this role requires strong technical expertise, excellent communication skills, and the ability to influence change in a dynamic environment.

Key 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.

Minimum Qualifications

Education: Bachelor’s degree in Accounting, Finance, or a related field. CPA preferred but not required.

Experience

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.

Technical Skills

High level of Proficiency in SAP

Experience with analytics tools like Power BI or Tableau.

Soft Skills

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.

Career Level P4

Worker Type

Hybrid

McKesson is an Equal Opportunity employer.

The material contained herein is provided for informational purpose only. All open jobs offered by

McKesson on this recruitment system is subject to specific job skill requirements. The job skill

requirements, qualifications, and preferred experience are determined by a subsidiary, office or department within the company which is offering the position, and all positions are subject to local prevailing employment laws and restrictions. This would include immigration laws pertaining to work authorization requirements and any other applicable government permissions or compliance.

The materials on this site are provided without warranties of any kind, either expressed or implied, including but not limited to warranties regarding the completeness of information contained on this site or in any referenced links. While McKesson attempts to update this site on a timely basis, the information is effective only as of the time and date of posting. McKesson 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. The information on this site is for information purpose only and is not intended to be relied upon with legal consequence. Current employees must apply through internal career site.

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 McKesson's 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, please click here.

Our Base Pay Range for this position

$89,000 - $148,400

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

Join us at McKesson!

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.

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