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Senior Executive Compensation Consultant

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1 Vacancy
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Job Location drjobs

Irving, TX - USA

Monthly Salary drjobs

$ 133100 - 221900

Vacancy

1 Vacancy

Job Description

McKesson is an impactdriven 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 wellbeing 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 tomorrows health today we want to hear from you.

Senior Executive Compensation Consultant (P5


Reporting to the Senior Director Executive Compensation this role will lead and/or contribute to a variety of complex highprofile compensation projects and manage ongoing executive compensation initiatives. The employee will lead preparation of materials for the Boards Compensation and Talent Committee and prepare compensation sections of the annual proxy statement. The employee will provide compensation support for the enterprise executive population working with members of the HR Leadership Team and Executive Operating Team on offers and other executive matters. The Sr. Exec Comp Consultant will maintain oversight of McKessons enterprise shortterm incentive plan and longterm incentive plan working with other members of the executive compensation team.

The ideal candidate will have exceptional analytical and conceptual thinking skills a strong command of Excel (including macro development) and a proven ability to apply AI tools to enhance efficiency and insight. This person will be intellectually curious highly accurate and possess a strong work ethic with a commitment to excellence. This role requires a highperforming professional with the ability to manage complex initiatives synthesize and communicate datadriven insights and interact confidently with senior leaders and external advisors.

Key Responsibilities

  • Compensation and Talent Committee Support lead and/or contribute to preparation of Compensation and Talent Committee materials to support the Committees annual meeting cycle.

    • Conduct competitive peer benchmarking analysis for senior management and the Committee on a wide array of executive compensation topics from plan design to pay magnitude.

    • Assist with program design by conducting market research and peer group analysis. Develop design proposals for recommendation to management and the Committee.

    • Develop models to analyze proforma pay and plan design changes.

    • Partner closely with legal counsel and the Committees independent compensation consultant to monitor proxy advisor policy changes legislative changes and SEC rules that affect executive compensation.

    • Coordinate directly with the Committees independent compensation consultant on projects for the Committee.

  • Annual Proxy Statement prepare executive compensation sections of McKessons annual proxy statement.

    • Lead production of all executive compensation tables and footnotes.

    • Design engaging and informative graphics for inclusion in Compensation Discussion and Analysis (CD&A) section of annual proxy.

    • Partner closely with internal legal counsel on all compensationrelated disclosures in the CD&A as well as supplemental shareholder engagement materials.

  • Executive Compensation Support develop compensation recommendations for executive level moves (e.g. external hires promotions separations etc..

    • Interface directly with HR business partners and business leaders to develop thoughtful marketbased and internally equitable compensation recommendations.

    • Partner with Executive Talent Acquisition on external executive offers.

    • Continually review and enhance competitive market benchmarking for executive jobs.

    • As needed lead projects and requests on a variety of topics pertaining to the executive population including the annual compensation review.

    • As needed support in coordination with the Mergers & Acquisitions HR group with acquisition and divestiture activity as it relates to executive compensation.

  • Shortterm Incentive Plan provide oversight on the design and administration of McKessons enterprise shortterm incentive plan (MIP).

    • Support program design changes by utilizing market research and internal analysis to support recommendations.

    • Lead stakeholders across Accounting Finance and Talent Management through the yearend result consolidation and approval process for Compensation and Talent Committee.

    • Continually enhance participant understanding of the STI plan through the creation of communication materials and resources.

    • As needed support in coordination with the Mergers & Acquisitions HR group with acquisition and divestiture activity as it relates to STI compensation and design.

  • Longterm Incentive Program provide oversight on the design and administration of McKessons longterm incentive program.

    • Lead LTI analysis in support of senior management and the Compensation and Talent Committee on topics related to longterm incentive programs.

    • Design implement and monitor longterm incentive strategies that align with McKessons business objectives and with shareholder interests.

    • Enhance participant understanding of the LTI program by contributing to the creation of communication materials and resources in partnership with other executive compensation team members.

    • As needed support in coordination with the Mergers & Acquisitions HR group with acquisition and divestiture activity as it relates to LTI compensation and design.


Minimum Required Qualifications Critical Skills

  • Degree or equivalent and typically requires 10 years of relevant experience. Less years required if has relevant Masters or Doctorate qualifications.

  • 7 years of progressive compensation executive compensation or professional experience in a related field.

Critical Skills

  • Exceptional attention to detail with a demonstrated ability to produce accurate and highquality work under pressure.

  • Advanced analytical conceptual and critical thinking skills; ability to distill complex issues into clear actionable solutions.

  • Highly proficient in Microsoft Excel including complex formulas and macro development.

  • Experience with data automation and visualization tools is strongly preferred.

  • Strong understanding and practical application of AI tools to drive operational efficiency and enhance analytical insights.

  • Proven ability to build effective relationships with internal stakeholders and external advisors at all organizational levels.

  • Outstanding communication and presentation skills with the ability to translate data into compelling narratives.

  • Demonstrated success managing multiple highpriority projects in a dynamic fastpaced environment.

Education

  • 4year degree

  • MBA or other advanced degree preferred

Certifications/Licensure

  • CCP or CECP preferred


Physical Requirements
General Office Demands

Travel less than 10

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 McKessons 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 longterm incentive opportunities may be offered. For more information regarding benefits at McKesson pleaseclick here.

Our Base Pay Range for this position

$133100 $221900

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 McKessons full Equal Employment Opportunity policies visit our Equal Employment Opportunity page.

Join us at McKesson!


Required Experience:

Senior IC

Employment Type

Full-Time

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