Director, Finance Operations - GMPD Rebates & Admin Fees

What Financial Operations contributes to Cardinal Health

Finance oversees the accounting, tax, financial plans and policies of the organization, establishes and maintains fiscal controls, prepares and interprets financial reports, oversees financial systems and safeguards the organization's assets.

Finance Operations is responsible for the oversight and overall performance of the following core financial processes. This includes pricing administration, rebates, cash application, chargebacks, billing, accounts payable and employee travel & expense.

Job Summary

The Director, Finance Operations – GMPD Rebates & Admin Fees will lead financial and business processes and teams, focused on global operational effectiveness, financial and risk management, process management & metrics, team development, customer & supplier interaction support, and internal controls.  These roles support the Cardinal Health Enterprise but can be bifurcated by business depending on scope and complexity of a given process.

Responsibilities

• Leads a global team (comprised of onshore and offshore resources) responsible for the set-up, accounting, calculation, payment, reporting, revenue recovery, and audit / SOX support for Medical Segment Customer Rebate and GPO Admin Fees (~$350M paid annually)

• Oversees the development of policies and procedures to ensure timely and accurate Customer Rebate and GPO Admin Fee payments

• Works with our Commercial (Sales, Account Management, Contracting COE, etc.), Accounting, FP&A, Pricing, IT, and other various stakeholders to resolve issues

• Responsible for balance sheet reconciliation review of the rebate/admin fee accounts

• Relentlessly drive root cause analysis to identify process failure points and partner with upstream and downstream partners to implement process improvements to prevent issues from reoccurring

• Partners with compliance to ensure a robust internal control structure, including SOX compliance and 80% Quality Audit (QA) coverage

• Identifies additional business control gaps / opportunities, in partnership with upstream teams, and ensures appropriate mitigation

• Serves as business delivery lead for the team’s transformation, implementing robust performance metrics, controls, and IT systems

• Oversees the design and delivery of reporting that analyzes operational and financial results

• Communicates financial results and business impacts to both internal and external stakeholders

• Establish operating discipline and deliver consistency of outcomes

• Lead team of direct reports and global contractors

• Be an influential, inspirational, and inclusive leader for direct and indirect organization; mentor and develop talent within and across teams

Qualifications

• Bachelor’s degree or equivalent experience preferred

• Minimum 10 years of experience leading a large, global team with an expertise in finance/accounting preferred

• Demonstrated experience in business controls and risk mitigation

• Demonstrated financial acumen, including strong strategic and analytical skill

• Strong track record of operating and leading within complex organizations

• Experience with large scale transformational projects

• Strong cross-organizational collaboration skills; ability to operate effectively in a matrixed environment

• Strong change management and communication skills

• Ability to build strong cross-functional relationships to achieve goals and deliver on commitments

• Strong understanding of the accounting associated with the rebates/admin fees and capability to identify and communicate issues to the accounting organization and business leaders

• Ability to think strategically and execute seamlessly

What is expected of you and others at this level

• Provides leadership to managers and experienced professional staff; may also manage front line supervisors

• Manages an organizational budget

• Develops and implements policies and procedures to achieve organizational goals

• Assists in the development of functional strategy

• Decisions have an extended impact on work processes, outcomes, and customers

• Interacts with internal and/or external leaders, including senior management

• Persuades others into agreement in sensitive situations while maintaining positive relationships

Anticipated salary range: $116,500-$197,010

Bonus eligible: Yes

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