Sr. Director, SOX Compliance

McKesson•Richmond, VA

1d•Hybrid

About The Position

McKesson is an impact-driven, 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 well-being 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 tomorrow’s health today, we want to hear from you. Senior Director - SOX Compliance Location: Richmond, VA, USA - 9954 Mayland Drive - onsite or hybrid About Medical-Surgical McKesson Medical-Surgical (MMS) 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 8,000 employees, a network of 15 distribution centers and approximately 900 delivery vehicles, we partner with more than 2,200 leading manufacturers and serve over 200,000 customer accounts across the U.S. Our catalog includes more than 280,000 SKUs of branded and private-label medical-surgical products – from bandages to specialty pharmaceuticals and COVID-19 tests. Looking Ahead : A New Chapter for MMS McKesson has announced its intent to separate MMS into an independent company – an exciting evolution that builds on MMS’s strong foundation and proven leadership in the Alternate Care space. As a standalone company, MMS would be positioned to unlock new opportunities to innovate, grow and lead with even greater agility and focus. We will also continue to be one of the largest medical-surgical distributors in the U.S., with over $11B in annual sales. This separation would accelerate our mission and empower us to shape a future defined by customer-centricity, bold thinking and operational excellence. For job seekers, it’s a unique moment to join a team that’s already making a meaningful impact and leading the way in shaping the future of healthcare delivery in Alternate Care settings – with even greater opportunity ahead as we prepare to become an independent company. As a key leader in the McKesson Medical-Surgical (MMS) Controllership function, this role will lead all aspects of governance around MMS’s internal control environment, including ongoing responsibilities associated with the Sarbanes-Oxley Act of 2002 for both business and IT controls. We are looking for a finance professional who can build a diverse team of highly dedicated professionals, drive continual transformation of our control environment and liaise with our key business partners to ensure we have the most efficient and effective internal controls across MMS. Initially this individual will play a key role in ensuring MMS is “PCAOB audit-ready” as we move toward future separation from the McKesson enterprise. This leader will report to the VP, Controller.

Requirements

Typically has 10+ years of professional experience and 5+ years management experience
Effective interpersonal skills
Demonstrates highest levels of ethics and integrity. Must work well in a team
Flexible and ready to drive change
At ease in a complex and quickly changing environment
Self-starter and can-do, problem-solving attitude
Strong knowledge of SOX regulations and requirements, PCAOB Standards, COSO guidelines, and US GAAP, accounting policies and auditing standards
Strategic thinker and demonstrates a strong sense of curiosity and willingness to get a deep understanding of the business and its processes, technologies, and risks to provide value and insights
Solid leadership skills and experience, including the ability to motivate and coach team members, influence others and work with all levels of management and professional staff
Exhibits a high degree of passion, energy, and commitment
Effectively navigates a matrixed organization and complexities
Strong communication, including written and oral presentation, skills
Undergraduate degree in business or finance related field
Active CPA/CIA required

Nice To Haves

Prior experience with audit or internal control
Public Accounting (Big 4) experience
Experience leading projects and teams

Responsibilities

Lead the MMS SOX program, including, but not limited to the following: Implement and ultimately lead the MMS SOX governance process
Conduct the annual SOX risk assessment, determine materiality, scope, testing approach, and timing. This will include a comprehensive assessment of risks and key controls, and a rationalization exercise
Consult with and provide direction to business partner teams related to SOX compliance activities ensuring controls are properly designed and documented, and issues are identified, tracked, and resolved
Monitor the evaluation / testing of internal controls and ensure any control deficiencies identified are remediated in a timely manner to ensure compliance with the Sarbanes-Oxley Act. Provide consultative support for business partners in their development of remediation plans
Assess the severity of control deficiencies, both individually and in the aggregate
Work with all key business and technology process owners to identify, document, review, implement and certify internal controls. This includes the development and review of control templates and flowcharts
Periodically meet with management and/or business partners to consult on changes in business operations and controls and propose revisions to the SOX plan, as needed. Manage the external team of consultants responsible for testing of key SOX controls
Serve as the primary contact with internal and external auditors on all control-related matters, and look for ways to increase audit efficiency and effectiveness
Serve as the MMS owner of the SOX compliance system. Utilize the system to drive maximum efficiency in the MMS SOX program
Provide leadership in talent management to build, develop, engage, and retain a diverse high performing team. Manage a team of professionals focused on learning the business, building relationships, and focusing MMS on having a risk mindset both in our SOX and operating controls
Maintain a current understanding of Sarbanes-Oxley legislation, PCAOB Standards, and other relevant guidance issued regarding Section 404. Assess all training needs, develop training materials, and ensure all stakeholders are sufficiently trained on internal control requirements, design, and ownership
Provide frequent status and analysis to executive leadership and the Audit Committee on the status of our internal control environment and SOX compliance. Create and lead MMS’s quarterly certification process to support the CEO and CFO quarterly 302/906 representations
Serve as a subject-matter expert, working with cross-functional project teams to lead and/or participate in special projects