Sr. Director, Technical Accounting

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. Sr. Director, Technical Accounting 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: The Senior Director, Technical Accounting is a senior finance leader responsible for complex and judgmental accounting matters across McKesson Medical-Surgical (MMS), with a primary focus on technical accounting, accounting policy, and transaction support. This role serves as the company’s subject matter expert on US GAAP for areas such as equity compensation, debt, leases, business combinations, impairments, and other non-routine or highly technical transactions. This leader will own the accounting policy function, including the development, interpretation, implementation, and ongoing maintenance of company accounting policies. The role will also provide technical leadership for M&A activities, annual and interim impairment assessments, and other matters requiring significant judgment and documentation. Initially, the Senior Director will play a critical role in MMS / NewCo transition activities, including public company readiness in advance of a future separation from McKesson. The Senior Director will lead a team of technical accounting professionals and partner closely with Corporate Accounting, Financial Reporting, FP&A, Treasury, Legal, Tax, Corporate Development, Internal Audit, and external auditors. Essential Responsibilities: Technical Accounting & Policy Leadership Serve as the primary technical accounting authority for MMS, providing guidance on complex, non-routine, and judgmental accounting matters in accordance with US GAAP. Lead the accounting policy function, including drafting, updating, and maintaining formal accounting policies, position papers, and application guidance. Monitor new and emerging accounting standards, assess applicability and impact, and lead implementation efforts across affected areas of the organization. Provide technical accounting support for areas including, but not limited to, equity compensation, debt and financing arrangements, leasing, revenue-related complexities, and restructuring activities. M&A, Transactions & Strategic Initiatives Lead technical accounting evaluations for mergers, acquisitions, divestitures, and other strategic transactions, including due diligence, purchase accounting, and integration support. Partner with Corporate Development, Legal, Tax, and FP&A to assess accounting implications of deal structures, contractual terms, and valuation inputs. Provide accounting guidance for new business models, strategic initiatives, and complex commercial arrangements. Impairments & Complex Estimates Own and oversee the annual and interim impairment assessment processes, including goodwill, intangible assets, long-lived assets, and other complex valuation-driven estimates. Review assumptions, methodologies, and conclusions developed by management or third-party specialists to ensure compliance with US GAAP and internal policy. Prepare and review clear, defensible documentation to support management conclusions and external audit requirements. Governance, Controls & Audit Support Ensure strong governance, controls, and documentation exist for all technical accounting areas within scope. Support SOX compliance by ensuring technical accounting conclusions are appropriately controlled, reviewed, and evidenced. Serve as a key liaison with external auditors on complex accounting matters, proactively resolving issues and ensuring transparent communication. Support the Controller and Assistant Controller in developing materials for and addressing Audit Committee or executive-level questions related to technical accounting matters. Leadership & Talent Development Lead, coach, and develop a high-performing technical accounting team; establish clear expectations, provide regular feedback, and support professional development. Foster a culture of strong judgment, accountability, collaboration, and continuous learning. Build scalable processes, templates, and knowledge-sharing practices to support future growth as a standalone public company. 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). Qualifications and Requirements: Core Leadership & Business Capabilities Demonstrated ability to lead teams through complex, ambiguous, and evolving accounting environments. Strong judgment and decision-making skills with the ability to balance technical accuracy, risk management, and business practicality. Proven ability to partner cross-functionally and influence outcomes with senior leaders and non-finance stakeholders. Excellent written and verbal communication skills, with the ability to clearly explain complex accounting topics to varied audiences. High ethical standards and a commitment to accounting integrity and transparency. Technical & Functional Expertise Deep knowledge of US GAAP, including accounting for business combinations, impairments, revenue recognition, equity compensation, debt, and lease accounting. Strong experience developing and applying accounting policies and preparing technical accounting memoranda. Familiarity with SEC reporting requirements and the interaction between technical accounting conclusions and external disclosures. Experience supporting public company audits and regulator-reviewed environments. Education and Experience: 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. Demonstrated experience in technical accounting, accounting policy, or transaction accounting roles. 6+ years of people leadership experience, including managing and developing direct reports. Experience supporting IPO or standalone public company readiness strongly preferred. 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 8,000 employees, a network of 15 distribution centers and approximately 900 delivery vehicles, we collaborate with more than 2,200 leading manufacturers and serve over 200,000 customer accounts across the U.S. Our catalog includes more than 270,000 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 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 click here. Our Base Pay Range for this position $150,000 - $250,000 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. McKesson job postings are posted on our career site: careers.mckesson.com . McKesson is an Equal Opportunity Employer McKesson provides equal employment opportunities to applicants and employees, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other legally protected category. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page. McKesson is committed to being an Equal Employment Opportunity Employer and offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your job search or application for employment, please contact us by sending an email to (United States) Disability_Accommodation@McKesson.com or (Canada) Accessibility@mckesson.ca . Resumes or CVs submitted to this email box will not be accepted. Join us at McKesson!