Director, Accounting – Management Services Organization (MSO)

What Accounting contributes to Cardinal Health
Accounting establishes and maintains accounting policies and controls, completes technical research, safeguards the organization's assets and ensures accuracy of accounting and financial records in accordance with accounting standards.

The Director of Accounting is a key leader in the organization responsible for managing accounting and financial reporting processes. More specifically, this Director supports the development of accounting processes, internal controls, decision support and complex technical research associated with our Management Services Organization (MSO) businesses (which fall under our Pharmaceutical and Specialty Solutions segment). This role is responsible for developing and leading a team of professionals to maintain appropriate accounting and control practices to ensure accurate financial records. This Director is a key business partner to others in the organization and instrumental in supporting a variety of business initiatives.

Location - Ideally targeting individuals based local to Central Ohio (or able to relocate), willing and able to come in-office on a hybrid basis (generally 3 days a week at our corporate HQ in Dublin, OH, 2 days a week work from home)

Responsibilities

• Perform technical accounting research and exercise judgement to form conclusions on key areas including; consolidation, equity method and fair value alternative investments, equity compensation, non-controlling interests, valuation of liabilities, and purchase accounting. 
• Bring a deep understanding of US GAAP and policies relevant to Cardinal Health as it relates to management services organizations (MSO).
• Work with multiple internal and external consultants to document complex technical accounting associated with the Variable Interest Entity consolidation model, a large portfolio of complex minority investments, and ongoing business valuations for liability-classified equity awards and annual goodwill impairment tests.
• Identify, implement, and maintain key internal controls and work with internal and external auditors in accordance with public company requirements.
• Support intercompany processes to ensure intercompany activity is appropriately recorded by a) identifying all intercompany relationships by working with commercial teams and MSO finance teams to ensure completeness of all transactions, b) ensuring disparate systems are configured correctly to record sales and costs as intercompany,  c) capturing and eliminating any profit in inventory d) ensuring aged AR/AP is appropriately managed and issues are resolved timely, e) preparing intercompany invoices for non-recurring activity and ensuring they are paid timely and accurately.
• Manages work performed by third party specialists supporting valuations and other project work, including ensuring completeness and accuracy of information provided to those specialists.  This also includes leading purchase accounting requirements by a) obtaining and reviewing deal models, b) identifying key intangible assets by working with the deal team and target management to understand what assets should be subject to valuation (trademarks, customer relationships, non-compete agreements, etc.) c) reviewing and understanding the deal model and synergies and documenting our understanding of key assumptions in memos.  Supporting the tax department as it relates to the valuation of individual legal entity assets.
• Support key business initiatives, including, but not limited to, M&A, tax projects, audits, and system implementations.
• Navigate, present to, and effectively communicate with all levels of the organization, including communication of technical accounting matters to non-finance professionals.
• Organize, lead, and motivate a team of accounting professionals across multiple MSO platforms and accounting teams.
• Apply concepts of risk and materiality in making complex judgments related to accounting estimates and accounting reserves.
• Supports technology projects to determine system capabilities, design requirements, testing, and implementation.
• Understand IT landscape of multiple MSO businesses and lead changes associated with ERP implementations, accounting close and reconciliation software, and other IT-related projects.
• Manage key relationships within and outside of reporting chain, including tax, FP&A, legal, BPO, and third-party consultants and consider opportunities for furtherance of the accounting organization’s objectives.
• Lead process improvements.
• Ensure enterprise compliance with Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) requirements. 

Qualifications

• Ideally targeting individuals with 12+ years of experience in related field (with 3 or more years specifically leading accounting and finance activities for a healthcare Management Services Organization), highly preferred
• 5+ years of public accounting experience, preferred not required
• Proficiency in identifying technical accounting issues
• Prior supervisory experience, highly preferred
• CPA preferred not required
• Experience in writing technical accounting memos
• Experience in assessing wide variety of business transactions for appropriate treatment under US GAAP, including Accounting Standard Codification (ASC) ASC-606 Revenue from Contracts with Customers, ASC 805 – Business Combinations, ASC 810 – Consolidation, ASC 323 – Investments, ASC 718 – Compensation – Stock Compensation
• Experience in assessing risk and designing controls in accordance with standards issued by the Public Company Accounting Oversight Board 
• Experience in assessing financial statement risk arising from the interrelationships of automated and semi-automated back office computer systems 
• Experience in drafting, interpreting, and applying accounting policies 

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

Bonus eligible: Yes

Benefits: Cardinal Health offers a wide variety of benefits and programs to support health and well-being.

• Medical, dental and vision coverage

• Paid time off plan

• Health savings account (HSA)

• 401k savings plan

• Access to wages before pay day with myFlexPay

• Flexible spending accounts (FSAs)

• Short- and long-term disability coverage

• Work-Life resources

• Paid parental leave

• Healthy lifestyle programs

Application window anticipated to close: 03/20/2026 *if interested in opportunity, please submit application as soon as possible.

The salary range listed is an estimate. Pay at Cardinal Health is determined by multiple factors including, but not limited to, a candidate’s geographical location, relevant education, experience and skills and an evaluation of internal pay equity.

Candidates who are back-to-work, people with disabilities, without a college degree, and Veterans are encouraged to apply.

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day. Cardinal Health is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.

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