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Open nowPosted 5 days ago

Director, RCM Balance Sheet Accounting

McKesson431 open roles

Where
USA, TX, Irving
Work mode
Hybrid
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Your applicationOpen nowDirector, RCM Balance Sheet AccountingMcKesson · USA, TX, Irving

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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. McKesson postings stay open a median of 9 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: posted 5 days ago

McKesson median: 9 days open

The posting

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.

Role Overview

The Director, RCM Balance Sheet Accounting provides leadership for The US Oncology Network’s practice accounts receivable and reserve balance sheet reconciliations. Reporting to the Senior Director, Revenue Cycle Management Finance, this role serves as the senior subject matter expert for substantiating practice accounts receivable, reserves and other related balances. The Director establishes standards that connect general ledger balances to source-system, subledger, bank, cash-transfer, and claim-level support; investigates material reconciling items; and ensures conclusions and accounting treatments are accurate, supportable, and clearly communicated.

The Director will partner with Practice Finance and Controller teams on practice Accounts Receivable balance sheet reconciliation processes and to transition interested practice-owned accounts receivable reconciliations to a centralized RCM Balance Sheet Accounting team. This includes assessing current-state processes, defining data and support requirements, documenting optimal processes and building a consistent, sustainable operating model. The role also owns relevant SOX controls and leads the team responsible for recurring reconciliations, aging and reserve analysis, issue resolution, audit support, process improvement, and executive-ready reporting.

Key Responsibilities

Accounts Receivable and Reserve Balance Sheet Reconciliation Expertise

  • Serve as the senior subject matter expert for practice accounts receivable and reserve balance sheet reconciliations, including patient and pharmacy AR, contractual and bad debt reserves, cash clearing, unapplied cash and related general ledger balances.
  • Establish reconciliation standards that substantiate general ledger balances to source systems, subledgers, bank activity, cash transfers, and claim-level detail; require complete rollforwards, aging, reconciling-item support, ownership, and timely resolution.
  • Lead investigation of complex or unsupported balances, challenge unvalidated assumptions, determine appropriate accounting treatment, and translate findings into clear financial risk, remediation plans, and executive-level updates.

Practice Reconciliation Centralization and Partnership

  • Partner with Practice Controllers, Regional Finance Directors, and practice leadership to assess current reconciliation processes, identify gaps in data, documentation, ownership, and control execution, and agree on transition readiness.
  • Design and execute the phased transition of practice accounts receivable reconciliations to this centralized team, including migration plans, standardized templates, knowledge transfer, training, acceptance criteria, service expectations, and post-transition stabilization.
  • Build durable partnerships across Practice Finance, Accounting, Controllership, Revenue Cycle Operations, Treasury, Finance Systems, and data teams to resolve reconciling items, improve upstream processes, and maintain clear decision rights and escalation paths.

Sarbanes-Oxley and Balance Sheet Control Ownership

  • Own and oversee SOX controls related to accounts receivable, reserves, and related balance sheet reconciliations, including control design, execution, reviewer evidence, issue identification, remediation, and change management.
  • Maintain audit-ready policies, procedures, account ownership, reconciliation standards, and supporting documentation; ensure reconciling items are aged, assigned, evaluated for financial impact, and resolved within established thresholds and timelines.
  • Partner with Controllership, Internal Audit, external auditors, Finance Systems, and process owners to maintain a proper control environment.

Team Management and Prioritization

  • Lead and develop the RCM Balance Sheet Accounting team, establishing account ownership, priorities, review standards, close calendars, performance expectations, and a scalable operating model across practices.
  • Prioritize team capacity across recurring reconciliations, issue resolution, SOX requirements, audit support, and emerging financial risks, with timely escalation of material or aged items.
  • Build team capability through coaching, cross-training, documentation, quality reviews, and development of repeatable analytical and operating processes that reduce key-person dependency and improve consistency.

Other Ad Hoc Project Work

  • Lead or support projects requiring balance sheet accounting and reconciliation expertise.
  • Develop standardized templates, dashboards, reporting, etc. to enhance balance sheet reconciliation processes.
  • Identify and implement use of Technology and AI to drive consistency and efficiency in the processes.

Minimum Requirement

Degree and typically requires 12+ years of professional experience and 4+ years of management experience.

Education

Bachelor’s degree in Finance, Accounting, Business, Economics, or a related field, or equivalent related experience.

MBA, CPA, CMA, or other relevant advanced credential preferred.

Salary: 131,600.00 - 175,400.00 - 219,300.00 USD Annual with 20% MIP

Target comp approx.~165-175K

M4

This role is a hybrid position. The selected candidate is expected to work on-site at our Las Colinas office a minimum of two (2) days per week, with the remaining days worked remotely. Specific in-office days may be designated based on team needs and business priorities.

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

$131,600 - $219,300

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

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