Corporate Development Manager

What Corporate Development Management contributes to Cardinal Health
The Corporate Development team is responsible for providing leadership, direction, and expertise to execute Cardinal Health’s growth and business strategies through mergers, acquisitions, divestitures, joint ventures and other strategic transactions. 

The Manager will be a key member of the Corporate Development team, focusing on M&A deal execution. This includes working extensively with external stakeholders and internal cross-functional teams, while supporting business and executive leadership in deal evaluation, execution, and venture portfolio strategy. As part of a highly visible and impactful team, the Manager will have demonstrated experience flourishing in rapidly evolving environments and possess exceptional analytical and relationship building skills.


Responsibilities

Support acquisition and divestiture due diligence process, valuation analysis, pre-closing integration / separation planning and closing processes:

• Deal Strategy: Work with business, finance, and strategy teams to develop a business case for each acquisition, including detailed assessment of the competitive marketplace and quantitative support for annual operating plan and investment requirements

• Due Diligence: Identify critical due diligence items that will impact modeling assumptions and inform integration planning

• Financial Analysis: Create detailed financial models and valuation analyses to assess the financial impact of potential transactions. Evaluate the financial feasibility and return on investment of each M&A opportunity

• Deal Structuring: Collaborate with Tax, Legal, Accounting and Treasury teams to structure transactions

• Deal Approval: Support communications with Corporate CEO, CFO, Segment CEOs and CFOs, Chief Accounting Officer, Treasurer, Business Unit GMs and other members of Cardinal Health leadership. Facilitate Corporate approval process for all deals

• Integration Planning: Collaborate with M&A Integration team and cross-functional teams to ensure a level and timing of integration consistent with business needs, budget and transaction model

• Separation Planning: Support the development of the separation plans for divestitures and the development and implementation of transition services agreements

• Compliance and Governance: Ensure compliance with all legal, regulatory and Cardinal Health requirements throughout the M&A process. Maintain the highest standards of governance and confidentiality

Qualifications

• Bachelor's degree in related field, or equivalent work experience, preferred 

• Experience in corporate development, investment banking, private equity, venture capital, strategy, finance, or accounting

• Strong financial analysis, modeling, and valuation skills with proficiency in analyzing complex financial data

• Strategic mindset with the ability to identify and assess new business opportunities

• Strong leadership skills, project management, and problem-solving capabilities

• Demonstrated ability to collaborate effectively with cross-functional teams at all levels of the organization

• Excellent written and verbal communication skills for effective interaction with internal teams and external partners

What is expected of you and others at this level

• Applies advanced knowledge and understanding of concepts, principles, and technical capabilities to manage a wide variety of projects

• Participates in the development of policies and procedures to achieve specific goals

• Recommends new practices, processes, metrics, or models

• Works on or may lead complex projects of large scope

• Projects may have significant and long-term impact

• Provides solutions which may set precedent

• Independently determines method for completion of new projects

• Receives guidance on overall project objectives

• Acts as a mentor to less experienced colleagues

Anticipated salary range: $119,800-$153,990

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: 06/17/2024 *if interested in opportunity, please submit application as soon as possible.

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.