Sr Analyst, IT Vendor Management - P4

Job#: 3057158 Job Description: Vendor Management Office – Operational Excellence & Governance Senior Analyst, IT Vendor Management Location: Mississauga, Ontario, Canada | Job Grade: P4 – Senior Sourcing Analyst | Employment Type: Contract to hire Position Summary The Senior Analyst, VMO is a senior individual contributor within Technology's Vendor Management Office, Operational Excellence & Governance division. The role is responsible for leading VMO workstreams independently and driving governance, analytics, contract management, performance management, relationship management, risk management, financial management activities and process improvement across McKesson's technology vendor portfolio. This role serves as a subject matter expert (SME) and day-to-day lead across vendor ecosystem and contracts while actively mentoring junior analysts and contributing to the continuous development of VMO methodology, tools, and standards. The Senior Analyst partners with Service Area stakeholders, Sr. Vendor Managers, executive leadership, Finance, legal, procurement and third-party leadership to deliver commercially rigorous outcomes to and ensure the VMO operates as a high-performing governance function and vendors are accountable for performance, value for money and quality. Key Responsibilities Workstream Leadership, Risk Management & Governance Lead assigned VMO workstreams end-to-end, including governance cadences, issue resolution, and stakeholder coordination, with junior analysts supporting execution. Lead the commercial review and revision of statements of work, contract amendments, formal letters and correspondence and other vendor agreements; identify and mitigate cost, schedule, performance, contractual, and reputational risk and develop provisions that strengthen accountability, improve efficiency, and maximize value for the organization. Lead quarterly business reviews (QBRs) and recurring vendor governance meetings across assigned portfolios; develop and present vendor scorecards, Power BI dashboards, and performance insights and drive the identification, escalation and closure of issues, risks, decisions and corrective actions. Own vendor performance monitoring across assigned portfolios — track KPIs and SLAs, drive corrective action plans, and report outcomes to MT leadership. Lead vendor assessments and governance reviews; develop findings, recommendations, and improvement initiatives with measurable outcomes. Lead vendor risk management across assigned portfolios by identifying emerging contractual, commercial, financial, operational, compliance, and concentration risks; assess potential business impacts and recommend mitigation, escalation, or corrective action to VMO and Service Area leadership Serve as a primary VMO point of contact for Service Area stakeholders and VMO Sr. Managers on complex vendor and contractual matters. Ensure vendor compliance with policies, contractual obligations, and applicable regulatory requirements across assigned workstreams. Analytics, Reporting & Forecasting Develop and own weekly and monthly VMO reporting packages — KPI dashboards, invoice status, resource demand forecasts — ensuring accuracy and timeliness for MT leadership consumption. Lead demand and capacity forecasting at portfolio level, collaborating with Service Area stakeholders and third-party leadership to surface risks and opportunities. Apply advanced financial analytics to identify commercial risks (budget variance, schedule, quality) and produce actionable recommendations for senior stakeholders. Design and maintain reporting templates, tracking tools, and analytical frameworks that improve VMO data quality and operational visibility. Synthesize complex vendor and financial data into clear executive-ready presentations; present findings and recommendations to senior MT leadership. Invoice & Financial Management Oversee invoice-management activities across assigned portfolios, including validation controls, reconcil…

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