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McKesson

Director, Capital Markets

McKesson, Irving, Texas, United States, 75039

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Director, Capital Markets

McKesson's Treasury is seeking a Director, Capital Markets, to assist with strategy formulation and leading the execution of capital markets activities, including but not limited to, capital structure optimization, debt issuance, loan syndication, alternative financing solutions like leasing, shareholder distributions, financial risk management, counterparty risk assessment and managing the day-to-day relationship with key market stakeholders like banks, rating agencies, asset managers and investment advisors, and fixed income investors. This role will report to the Vice President, Capital Markets and Assistant Treasurer, and will support the company's long term financial objectives by providing capital structure and financial policy best practices and recommendations. The ideal candidate will have a heavy finance background with proficiency in modeling moderate to complex financial problems, effective presentation and communication skills, and experience creating successful business partnerships across finance and non-finance disciplines, including tax, accounting, business units, financial planning and analysis, human resources and legal. The role will also be responsible for leading people, setting direction and deploying resources to various projects and initiatives. Position Description

The position includes: Management of debt portfolio Assist with placing and servicing of long-term debt and credit facilities. Evaluate existing and alternative financing arrangements to ensure the company is optimizing debt capital structure to mitigate liquidity risk while realizing the lowest financing costs possible

Risk management Support the company's hedging strategies by structuring, executing, and valuing derivative trades to hedge FX, interest and foreign net investment risks

Manage total return swap program to eliminate P&L volatility associated with unfunded deferred compensation plans

Shareholder Returns: Dividend policy

Prepare analysis for annual dividend policy recommendations to the CFO and Board

Share repurchases

Execute company's share repurchase objectives via open market and structured share repurchase programs

Investment management Provide oversight and thought leadership for investment management strategies for retirement programs, including the McKesson 401(k) plan

Work closely with the investment advisor on executing fiduciary responsibilities

Reporting and compliance Quarterly Board and monthly CFO reporting development of Treasury's activities

Support monthly close process and external reporting deliverables, including disclosures

Effectively execute controls review responsibilities to ensure SOX and operational compliance

Bank group and other external relationship management Support Treasury's role in maintaining strong working relationships with credit providing banks, fixed income investors, credit rating agencies and other financial market participants and stakeholders

Internal relationship management Collaborate with FP&A to develop and explain budget and forecasts for interest income, interest expense and other Treasury related items

Support M&A and other enterprise initiatives

Partner with and lead cross-functional teams of organizational peers and subordinates to ensure organizational alignment and process efficiency in assessing and executing our capital markets and intercompany financing initiatives

Build and nurture relationships across the organization, including but not limited to, business units and corporate functions to identify and manage financial risks

Cash management

collaborate with Treasury Operations team on cash management activities and serve as back up for managing daily cash positioning responsibilities

Intercompany debt financing for acquisitions and subsidiary funding

Position will be responsible for managing and overseeing the professional development of two direct reports

Be prepared to lead and execute special projects and ad hoc initiatives

Minimum Requirements

Typically 12+ year of overall finance and/or accounting experience and 4 years experience managing team. 5+ years Treasury Capital Markets experience preferred. Critical Skills

Experience working in and/or leading cross functional teams, including managing direct reports effectively

Prior experience with Bloomberg and treasury management systems required

Advanced skills in PowerPoint and Excel

Forecasting and analytical skills

Experience with financial audits and SOX compliance testing

Collaborative and entrepreneurial mindset

Strong team player with ability to influence others in a project setting and without authority

Additional Skills

Advanced knowledge of the instruments, tools, processes, and stakeholders in the financial markets

Ability to navigate complex financial topics and translate results into recommendations for senior leadership

Working knowledge of hedge accounting guidance preferred

Demonstrated ability to manage and prioritize various responsibilities with competing, deadlines

Education

Bachelor's degree in Finance or related field

MBA or advanced degree with formal finance training

CFA, CPA, FRM or equivalent certification preferred, but not required

Physical Requirements

Hybrid location with proximity to Irving, TX (preferred) or Alpharetta, GA hub location

General office demands

Up to 10% travel

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 $130,000 - $216,600 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.

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