Director, Payroll Executive Compensation

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 tomorrows health today we want to hear from you.

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

Bachelors 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 McKessons 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 pleaseclick here.

Our Base Pay Range for this position

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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 McKessons 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) or (Canada) . Resumes or CVs submitted to this email box will not be accepted.

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