Sr. Director, Financial Reporting

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Sr. Director Financial Reporting

Location: Richmond VA USA - 9954 Mayland Drive

Hybrid

Note - this is a true hybrid position. Relocation is available. Remote is currently not available.

The Opportunity:

As a key leader in the McKesson Medical-Surgical (MMS) Controllership organization this role will lead the companys financial reporting function and play a critical role in preparing MMS to operate as a stand-alone public company. This leader will be responsible for ensuring the accuracy and integrity of financial reporting in accordance with U.S. GAAP and SEC requirements while building the processes capabilities controls and governance necessary to support public company reporting.

Initially this individual will play a key role in MMSs separation from the McKesson enterprise and IPO readiness including driving audit readiness supporting carve-out and stand-alone financial statements and establishing scalable SEC reporting processes. The Sr. Director will partner across Finance Legal Investor Relations Internal and external audit and other departments to address complex accounting and reporting matters to ensure the organization is prepared to meet the requirements of a public company.

This leader will build and develop a high-performing team of financial reporting professionals drive continuous improvement in reporting processes and controls and serve as a trusted advisor to executive leadership on financial reporting compliance and public-company readiness. The role will report to the VP Assistant Controller.

Key Responsibilities:

• Lead the MMS financial reporting function including but not limited to the following:
  • Establish and ultimately lead the financial reporting processes governance and operating model necessary for MMS to function as an independent public company.
  • Lead the preparation and review of MMS financial statements and related disclosures in accordance with U.S. GAAP and applicable SEC reporting requirements.
  • Lead the development of financial reporting processes and capabilities required for future SEC filings including Forms 10-K 10-Q 8-K and other applicable filings.
  • Ensure financial statements and related disclosures are complete accurate timely and supported by appropriate documentation and internal controls.
  • Coordinate the financial reporting calendar and establish clear roles responsibilities review processes and accountability across the organization.
  • Drive continuous improvement and automation of financial reporting processes to create a scalable efficient reporting environment.
• Play a key leadership role in MMSs separation from the McKesson enterprise and readiness to operate as a stand-alone public company including:
  • Lead financial reporting workstreams associated with the separation including the preparation and audit of carve-out and stand-alone financial statements.
  • Partner cross-functionally with other MMS departments as well as McKesson corporate functions on IPO and SEC registration activities including preparation and/or review of financial information and disclosures required in registration statements.
  • Lead financial reporting readiness for PCAOB-compliant audits and establish processes and documentation that meet public company and external audit expectations.
  • Identify gaps between current-state processes and future-state requirements and develop and execute plans to address those gaps.
  • Serve as a financial reporting subject matter expert on system implementations and other strategic initiatives.
• Establish strong disclosure and financial reporting governance processes including disclosure checklists management review procedures disclosure controls and appropriate documentation supporting significant judgments and disclosures.
• Serve as the MMS owner of the financial reporting system. Utilize the system to drive maximum efficiency in the MMS financial reporting program.
• Partner with Investor Relations FP&A Legal and executive leadership to ensure consistency and accuracy of financial information included across external communications including SEC filings earnings materials investor presentation and other public disclosures.
• Support the companys debt covenant compliance calculations and ensure consistency with financial information used for both internal and external reporting.
• Provide leadership in talent management to build develop engage and retain a diverse high performing team. Establish clear roles and responsibilities develop technical leadership capabilities and create a culture focused on quality accountability continuous improvement and business partnership.
• Build strong relationships across the organization and serve as a trusted advisor to finance and business leadership on financial reporting implications of significant transactions business developments and strategic initiatives.
• Maintain a current understanding of U.S. GAAP SEC regulations and emerging financial reporting requirements. Provide education and guidance to finance and business stakeholders to support consistent application of accounting and reporting requirements

Minimum Qualifications:

• Degree or equivalent experience. Typically requires 13 years of professional experience and 6 years of diversified leadership planning communication organization and people motivation skills (or equivalent experience).

Key Qualifications:

• Bachelors degree in Accounting Finance or Business Administration. CPA required.
• 13 years of progressive accounting experience including significant public accounting and/or large public company experience.
• 6 years of people leadership experience including managing and developing direct reports.
• Demonstrated experience in financial reporting close and consolidations and technical accounting.
• Experience supporting IPO or stand-alone public company readiness strongly preferred.
• Experience supporting public company audits and regulator-reviewed environments.
• Demonstrated ability to operate effectively in a highly ambiguous evolving environment including during largescale transformations or entity separations
• Ability to build and maintain strong relationships and collaborate with other departments and teams
• Ability to evaluate complex business issues develop practical solutions and drive execution through crossfunctional collaboration
  
  

About McKesson Medical-Surgical

McKesson Medical-Surgical (MMS) which is expected to become Wellverse in early 2027 is a subsidiary and publicly reported segment of the McKesson Corporation. MMS distributes medical-surgical supplies pharmaceuticals diagnostic equipment and supplies along with other solutions and services to virtually every type of healthcare setting and provider outside of the traditional hospital. These markets often referred to as Alternate Care or Non-Acute Care include physician offices surgery centers long-term care providers laboratories home health and hospice agencies health systems government facilities and online marketplaces and retailers.

Alternate Care markets are growing rapidly and MMS is proud to be a leader in this space. With a team of approximately 8000 employees a network of 15 distribution centers and approximately 900 delivery vehicles we collaborate with more than 2200 leading manufacturers and serve over 200000 customer accounts across the U.S. Our catalog includes more than 270000 SKUs of branded and private-label medical-surgical products from bandages to specialty pharmaceuticals and COVID-19 tests.

Position level - M5

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 long-term incentive opportunities may be offered. For more information regarding benefits at McKesson pleaseclick here.

Our Base Pay Range for this position

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