Cost Manager Job at McKesson, Richmond, VA 23233

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Job Description

Position Summary

The McKesson Brands business drives the development and purchasing of medical-surgical products from international and domestic suppliers on behalf of McKesson Medical Surgical in the US, and other businesses with distribution outside of the US.

Key responsibilities of this role will include:
  • preparing analysis in relation to cost saving opportunities, and aspects of business/supplier performance
  • leveraging insights from this analysis to drive value through cost negotiations and volume allocations across the supply base, and
  • executing online RFP events

In addition, the post holder will regularly participate in internal/external meetings between stakeholders in the US, UK and Asia, and have the opportunity to contribute material to monthly reporting and presentations for board meetings.

Key Responsibilities

The post holder will:
  • Play a key role in cost analytics and procurement of private label medical-surgical products
  • Actively participate in, and coordinate price negotiations with manufacturers
  • Contribute to the development and maintenance of cost models (Should Cost), and currency & commodity tracking
  • Execute online RFP events, and support their continuous improvement and automation
  • Actively support the integration of the former Global Sourcing business into McKesson Medical Surgical
  • Utilise and support development in Power BI dashboard to help maximise value creation for the business
  • Contribute to decision-making processes around the allocation of volume to dual/multi-source suppliers
  • Work directly or indirectly with manufacturers on growth incentive agreements
  • Develop/maintain long-term relationships with manufacturers, internal customers and external bodies
  • Prepare further ad hoc reporting as required

Additional Responsibilities and Duties

The above statements describe the general nature and level of work being performed in this job. They are not intended to be an exhaustive list of all duties. Additional responsibilities may be assigned, as required, by management. When in conflict with the job description, the Staffing Request and Job Posting supersede the job description.

Minimum Job Qualifications (Knowledge, Skills, & Abilities):

Education/Training
  • Bachelors Degree

Business Experience
  • 3-5 years’ experience in a similar role in a multi-national organization
  • Sourcing/negotiating/cost modeling experience desirable

Specialized Knowledge/Skills
  • Excellent communication skills in respect of both clarity of expression, and ability to interact effectively with non-native English speakers
  • Excellent attention to detail, and ability to interpret complex written and numeric information
  • Ability to work effectively with others to accomplish goals in a challenging environment
  • Excellent organizational and time management skills coupled with flexible approach to working hours
  • Self-starter with demonstrated efficient work methods, analytical and problem solving skills and ability to handle multiple tasks in a fast-paced environment
  • Understanding of logistics and supply chain processes
  • Relevant currency/commodity experience/knowledge an advantage
  • Understanding of customer needs/requirements, consistent with organisation priorities
  • Respect for the culture, customs and beliefs of other groups or cultures

Technical Proficiency
  • Highly proficient in Microsoft Excel and Powerpoint
  • SQL programming experience a plus, but not essential
  • Experience with Power BI a plus, but not essential

Work Environment / Physical Demands

General office environment – though McKesson encourages flexible working arrangements

At McKesson, we care about the well-being of the patients and communities we serve, and that starts with caring for our people. That’s why we have a Total Rewards package that includes comprehensive benefits to support physical, mental, and financial well-being. Our Total Rewards offerings serve the different needs of our diverse employee population and ensure they are the healthiest versions of themselves. For more information regarding benefits at McKesson, please click here.

As part of Total Rewards, we are proud to offer a competitive compensation package at McKesson. This is determined by several factors, including performance, experience and skills, equity, regular job market evaluations, and geographical markets. In addition to base pay, other compensation, such as an annual bonus or long-term incentive opportunities may be offered.

Our Base Pay Range for this position

$69,800 - $116,300

McKesson is an Equal Opportunity/Affirmative Action employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.Qualified applicants will not be disqualified from consideration for employment based upon criminal history.

McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to Disability_Accommodation@McKesson.com. Resumes or CVs submitted to this email box will not be accepted.

Current employees must apply through the internal career site.

Join us at McKesson!

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