Director, Payroll Executive Compensation
McKesson is seeking an experienced Director, Payroll Executive Compensation to lead the Executive Compensation and U.S. Payroll functions. This role is responsible for ensuring accurate and compliant payroll operations, leading payroll process improvements, managing payroll-related risk, and developing a high-performing team. The Director will partner closely with Human Resources, Finance, IT, Tax, and Audit teams to support organizational priorities and deliver an exceptional employee experience.
Key Responsibilities
Payroll Operations
• Ensure effective payroll integrations across timekeeping, HR, benefits, and other enterprise systems.
• Oversee executive payroll activities, including annual incentive plan (MIP) payments, restricted stock vesting events, and deferred compensation administration.
• Maintain confidentiality and integrity of payroll and compensation data.
Operational Excellence
• Drive continuous improvement initiatives focused on payroll processes, controls, and system efficiency.
• Monitor payroll metrics and key performance indicators (KPIs) to identify trends and improvement opportunities.
• Utilize data and analytics to support decision-making and operational excellence.
Leadership and Team Development
• Lead, mentor, and develop a high-performing payroll team.
• Serve as a subject matter expert for complex payroll matters.
• Foster a culture of accountability, collaboration, and continuous improvement.
Compliance and Risk Management
• Ensure compliance with federal, state, and local payroll regulations and tax requirements.
• Manage payroll controls and identify opportunities to mitigate risk.
• Partner with internal and external auditors and support payroll-related audits and reviews.
Cross-Functional Partnership
• Collaborate with HR, Finance, IT, Tax, and Audit teams to support key business initiatives.
• Build strong partnerships across the organization to ensure payroll processes align with business objectives.
Minimum Qualifications
• Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, or a related field, or equivalent experience.
• 10+ years of progressive payroll experience in a large, fast-paced environment.
• 5+ years of people leadership experience.
• 5+ years of experience processing executive payroll and expatriate payroll.
• Experience managing multi-state payroll operations.
• Working knowledge of Workday Payroll.
• Strong knowledge of payroll regulations, payroll tax compliance, and payroll accounting principles.
Preferred Qualifications
• Certified Payroll Professional (CPP) certification.
• Shared Services Center experience.
• Experience supporting executive compensation, deferred compensation, and equity-related payroll transactions.
Critical Skills
• Strong communication and stakeholder management skills.
• Ability to handle highly confidential information with discretion and professionalism.
• Strong analytical and problem-solving skills.
• Advanced Excel and data analysis capabilities.
• Ability to manage multiple priorities while maintaining accuracy and attention to detail.
• Adaptability and effectiveness in a fast-paced, evolving environment.
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 McKesson's 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, please
Our Base Pay Range for this position
$124,400 - $207,400
McKesson has become aware of online recruiting-related scams in which individuals who are not affiliated with or authorized by McKesson are using McKesson’s (or affiliated entities, like CoverMyMeds or RxCrossroads) name in fraudulent emails, job postings or social media messages. In light of these scams, please bear the following in mind:
McKesson Talent Advisors will never solicit money or credit card information in connection with a McKesson job application.
McKesson Talent Advisors do not communicate with candidates via online chatrooms or using email accounts such as Gmail or Hotmail. Note that McKesson does rely on a virtual assistant (Gia) for certain recruiting-related communications with candidates.
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