McKesson

Director FP&A-HQ & IT Operating Expense

McKesson • $135K — $226K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of finance, FP&A, accounting, or analytics experience, including 4+ years in management.
  • Bachelor's degree in Finance, Accounting, Business, or a related field; MBA, CPA, or CMA preferred.
  • Proven ability in planning, forecasting, close analysis, management reporting, and executive support.
  • Experience in operating-expense management, shared services, and technology finance is preferred.
  • Strong executive communication and presence, with experience influencing senior leaders across functions.

Responsibilities

  • Own and drive the financial agenda for HQ and IT operating expenses.
  • Advise senior leaders on financial performance, risks, and strategic recommendations.
  • Lead cross-functional collaboration to address issues and align objectives.
  • Develop executive storytelling for various leadership materials and reviews.
  • Oversee annual budget planning and month-end close support for HQ and IT Ops.
  • Direct variance analysis and ensure financial accuracy and documentation.
  • Establish scalable reporting and automate financial processes for efficiency.

Benefits

  • Hybrid work model requires on-site presence at least two days per week.
  • Strong emphasis on people leadership and team development.
  • Opportunity to influence enterprise-wide investment decisions and operating strategies.
  • Collaborative work environment across multiple business units and functions.
Full Job Description
The Director, FP&A - HQ & IT Operating Expense provides strategic and hands-on financial leadership for Practice Management headquarters and US Oncology technology operating expense. The role owns planning, forecasting, close support, management reporting, long-range planning, and executive decision support across the full HQ and IT operating-expense portfolio. The Director connects spending, headcount, allocations, technology investments, and strategic initiatives to enterprise priorities and Adjusted Operating Profit outcomes.

The Director serves as the senior finance partner to Practice Management leaders, the McKesson technology organization, and cross-functional Finance, Accounting, Strategy, Operations, and shared-service partners. The role leads a team of three direct reports and one indirect report, establishes clear priorities and review standards, and remains directly engaged in complex analyses, executive materials, governance decisions, and issue resolution. Success requires strong executive communication, disciplined financial stewardship, comfort with ambiguity, and the ability to improve processes through standardization, automation, and scalable reporting.

Key Responsibilities
Strategic FP&A Leadership and Business Partnership
  • Own the financial agenda for all HQ and IT operating expense, aligning resources and investments with Practice Management, US Oncology, and enterprise priorities.
  • Advise senior leaders on financial performance, choices, risks, opportunities, trade-offs, and recommended actions; translate complex cost and allocation topics into decision-ready insights.
  • Lead cross-functional work across Finance, Accounting, Technology, Strategy, Operations, Ontada, McKesson Technology, and other business units to resolve issues and advance shared objectives.
  • Provide concise executive storytelling for leadership reviews, forecasts, budgets, long-range planning, strategic initiatives, and emerging business issues.

Planning, Forecasting, Close, and Performance Management
  • Lead annual budget planning, periodic forecasting, long-range planning, month-end close support, and management reporting for HQ and IT operating expense.
  • Establish a transparent performance framework spanning employee-related expense, discretionary and semi-variable spend, technology costs, corporate and cross-business allocations, and strategic initiatives.
  • Direct variance analysis, risk and opportunity assessment, headcount and open-role tracking, accrual and invoice review, and forward-looking scenario analysis.
  • Ensure financial plans and reporting are accurate, well controlled, fully documented, and connected to underlying assumptions, business drivers, and Adjusted Operating Profit impact.

HQ OPEX Governance, Allocations, and Cost Stewardship
  • Lead governance for retained and allocated HQ expense, including allocation methodologies, documentation, legal and contractual considerations, leadership approvals, and implementation readiness.
  • Develop recommendations that clarify service scope, funding mechanisms, practice cost sharing, pricing or service-fee considerations, and the financial impact of allocation changes.
  • Challenge new and existing spend, identify savings and cost-avoidance opportunities, and facilitate prioritization and trade-off decisions within financial targets.
  • Build durable processes for gross-to-net expense visibility, headcount and cost-center mapping, decision logs, and ongoing tracking of allocation outcomes.

Technology Finance and Investment Decision Support
  • Lead planning, forecasting, and reporting for US Oncology technology costs, including retained and practice-allocated expense, enterprise technology allocations, subscriptions, infrastructure, and strategic programs.
  • Develop and challenge business cases for technology initiatives, including cost, benefit, timing, funding, capitalization, depreciation, practice impacts, and value-realization assumptions.
  • Partner with Technology, Accounting, Fixed Assets, Controls, Tax, Procurement, and practice stakeholders to support disciplined financial governance for complex technology programs.
  • Provide financial leadership for technology roadmaps, network modernization, system transitions, portfolio rationalization, and other strategic investments.

Reporting, Automation, and Process Improvement
  • Set the roadmap for scalable reporting, data governance, model documentation, dashboards, and self-service capabilities across HQ and IT Finance.
  • Reduce manual effort and improve cycle time, accuracy, and insight through standard processes, automation, Power BI or Tableau solutions, and effective use of enterprise data platforms.
  • Establish consistent templates, review standards, version control, and traceability for forecasts, budgets, P&Ls, allocation models, and executive materials.

People Leadership and Organizational Effectiveness
  • Lead, coach, and develop three direct reports across HQ OPEX, IT Finance, and allocations, while supporting development of the broader team.
  • Set clear priorities, decision rights, service expectations, and review routines; balance effective delegation with direct engagement in urgent, ambiguous, or high-impact work.
  • Build succession strength and expand team capabilities in business partnership, financial modeling, executive communication, systems, automation, and leadership.
  • Foster an inclusive, collaborative, accountable culture that encourages thoughtful challenge, continuous learning, and sustainable ways of working.


Minimum Requirement

Degree or equivalent experience. Typically requires 12+ years of professional experience and 4+ years of management experience.

Education
  • Bachelor's degree in Finance, Accounting, Business, Economics, or a related field, or equivalent related experience.
  • MBA, CPA, CMA, or other relevant advanced credential preferred.

Critical Skills
  • Typically 12+ years of progressive finance, FP&A, accounting, or related analytical experience, including 4+ years of management responsibility.
  • Demonstrated experience leading planning, forecasting, close analysis, management reporting, financial modeling, and executive decision support in a complex organization.
  • Experience partnering with senior leaders across multiple functions and influencing outcomes across organizational boundaries.
  • Experience with operating-expense management, headcount planning, allocations, shared services, technology finance, or investment business cases strongly preferred.
  • Healthcare services, provider economics, shared-services, or multi-entity experience preferred.

Additional Skills
  • Strategic and analytical thinking combined with the ability to work directly in detailed data, financial models, reporting tools, and executive materials.
  • Advanced forecasting, scenario analysis, variance investigation, business-case development, and performance-management capabilities.
  • Strong understanding of income-statement, capitalization, depreciation, accrual, and allocation concepts.
  • Executive communication and presence, including concise written commentary, presentations, and data visualization.
  • People leadership, coaching, prioritization, delegation, conflict resolution, and talent development.
  • Cross-functional partnership, change leadership, sound judgment, attention to detail, ownership, and comfort operating through ambiguity.
  • Digital fluency and a continuous-improvement mindset, including scalable reporting, automation, and responsible use of AI-enabled tools.

Systems and Tools
  • Advanced Microsoft Excel and PowerPoint skills required.
  • Experience with enterprise planning, ERP, business intelligence, and data platforms such as BPC, Essbase, SAP, PeopleSoft, Power BI, Tableau, or comparable tools preferred.


Salary: 135,800.00 - 181,100.00 - 226,400.00 USD Annual with 20% MIP

Target comp approx. $181,100.00 with 20% MIP

M4

This role is a hybrid position. The selected candidate is expected to work on-site at our Las Colinas office a minimum of two (2) days per week, with the remaining days worked remotely. Specific in-office days may be designated based on team needs and business priorities.

About McKesson

McKesson Corporation provides medicines, pharmaceutical supplies, information and care management products and services across the healthcare industry. The Company operates in two segments. The McKesson Distribution Solutions segment delivers ethical drugs, medical-surgical supplies and equipment and health and beauty care products throughout North America. This segment also provides specialty pharmaceutical solutions for biotech and pharmaceutical manufacturers, sells financial, operational and clinical solutions for pharmacies (retail, hospital, long-term care) and provides consulting, outsourcing and other services. The McKesson Technology Solutions segment delivers enterprise-wide clinical, patient care, financial, supply chain, strategic management and software solutions. In July 2011, the Company acquired Portico Systems from Safeguard Scientifics, Inc. On March 25, 2012, it acquired the independent banner and franchise businesses of Katz Group Canada Inc. McKesson Distribution Solutions delivers pharmaceuticals to retail pharmacies and institutional providers like hospitals and health systems. They operate pharmaceutical distribution centers across the country, serving customers in all 50 states. They also deliver a comprehensive offering of health care products, technology, equipment and related services to the alternate site market, including physician offices, surgery centers, long-term care facilities and home care businesses across the country. McKesson is currently the largest pharmaceutical distributor in North America. McKesson also operates McKesson Canada and has an equity holding in Nadro, a leading distributor in Mexico.

McKesson Careers

Join McKesson, a leading global healthcare company, and be part of a team that is redefining the future of healthcare. With a variety of job opportunities available, McKesson is the perfect place to advance your career, whether you're a seasoned professional or just starting out. Work You’ll Do At McKesson, we are committed to improving care in every setting—one product, one partner, one patient at a time. We’re seeking talented professionals to join our team and contribute to a culture of innovation, diversity, and leadership. Our employees are driven by a deep sense of purpose and a desire for continuous growth and improvement. Empower Your Future in Healthcare With positions ranging from internships to leadership roles, McKesson offers unparalleled employment opportunities to develop your skills and advance your career. Our commitment to diversity training ensures that all team members have the opportunity to thrive. Join a team where your skills will be honed, your professional growth will be supported, and where you can genuinely see the difference you make in the lives of patients around the world. Innovative Work Environment McKesson is at the forefront of healthcare innovation. Our team is constantly exploring new ways to improve patient outcomes and streamline care processes. This commitment to innovation is what sets us apart and what makes McKesson an exciting place to work. Career Development and Benefits McKesson believes in nurturing the potential of its employees through robust career development programs and comprehensive benefits designed to support your life and well-being. From leadership training to health and wellness benefits, we ensure our team members are equipped to meet their professional and personal goals. Explore Job Opportunities Whether you’re looking for an internship to kickstart your career, or a senior position to utilize your extensive experience, McKesson offers a range of opportunities. Explore our open positions and find where you can make a difference at McKesson. Stay Connected Join Our Team Search for open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players who are ready to take the next step in their careers. Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Networking and Professional Growth At McKesson, networking and professional growth are part of our everyday environment. We encourage our employees to connect, share, and learn from each other to foster personal and professional development. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await you at McKesson. Join McKesson today and be part of a team that is dedicated to shaping the future of healthcare.
Learn more about McKesson
Size
58,000 employees
Market Cap
$53.7 billion
Industry
Net Income
-$4.1 billion
Founded
1833
5 Year Trend
+5.9%
Revenue
$237.6 billion
NASDAQ

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