Senior Director, Enterprise Cash Operations

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.

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 innovative 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.

Are you ready to be a pivotal force in Advancing Health Outcomes For All? We are looking for a Sr Director, Enterprise Cash Operations to join our Financial Services and Solutions (FSS) organization, where our focus is being a strategic business partner who creates value, provides efficiency, and ensures compliance for McKesson. In FSS, you will gain exposure to all McKesson businesses while growing as a finance professional and fostering collaborative relationships with internal and external customers.

Position Summary

The Senior Director of Enterprise Cash Operations will lead McKesson’s enterprise-wide cash operations function, driving strategic transformation, operational excellence, and automation. This role oversees the full spectrum of cash operations activities—including cash application, reconciliation, and secure payment processing—ensuring alignment with enterprise financial systems and compliance standards. The ideal candidate will bring deep experience in shared services, process optimization, and technology enablement.

Key Responsibilities

• Lead the Enterprise Cash Operations team, including oversight of global shared services partners such as Genpact. Drive standardization and operational excellence across all cash operations processes, ensuring consistency across business units and customer segments.
• Foster a continuous process improvement integrating data and innovative technologies to enhance the cash application process.
• Collaborate with Credit and AR leadership to align cash operations strategy with broader financial goals and KPIs.
• Develop and mentor a high-performing team, fostering a culture of innovation, accountability, and continuous improvement. Set clear objectives, provide regular feedback, and support the professional development of team members. Foster a collaborative and inclusive team environment and manage diverse stakeholder relationships.
• Develop, monitor, and report on key performance indicators, ensuring timely and accurate cash posting, reconciliation, and exception handling.
• Oversee deployment and optimization of automation tools such as Blackline and the Cash Application Automated Solution (CAS).
• Implement operational risk frameworks related to payment operations and promote a strong risk management culture. Ensure compliance with PCI and NACHA regulations.
• Collaborate closely with Treasury and IT teams to align cash operations with enterprise liquidity strategies and technology initiatives. Ensure seamless integration of systems and processes to support cash operations across McKesson.
• Manage multiple strategic projects from incubation through implementation to operational delivery.

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).

Preferred

• 15+ years of progressive experience in cash operations, credit, or AR, with at least 5 years in a leadership role.
• Proven success leading enterprise-wide transformation initiatives, preferably in a shared services environment.
• Strong understanding of financial systems, including SAP, Blackline, and AI-driven automation platforms.
• Demonstrated ability to manage vendor relationships and offshore teams.
• Strategic thinker with a track record of delivering measurable business outcomes.
• Excellent communication and stakeholder management skills, with the ability to influence across all levels of the organization.
• Bachelor’s degree in Finance, Accounting, or related field; MBA or equivalent

Additional Attributes

• Familiarity with PCI compliance and secure payment processing.
• Deep understanding of accounting policies, practices, and systems.
• Expertise in managing multiple projects with competing priorities and tight deadlines.

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

McKesson is an Equal Opportunity Employer

McKesson provides equal employment opportunities to applicants and employees and is committed to a diverse and inclusive environment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age or genetic information. For additional information on McKesson’s full Equal Employment Opportunity policies, visit our Equal Employment Opportunity page.

Join us at McKesson!