“The city makes it very easy to feel good,” says Gerald Jung. “People are friendly, the climate is pleasant and in the evening you can go jogging and see the Golden Gate Bridge at sunset.”
And it is not just the city that has won him over. His extremely helpful colleagues have also made it easy for him to step into his new job. He and his team work mainly on profitability and modelling. He keeps an eye on the performance of the business units and their impact on the earnings per share (EPS). In addition, he coordinates the forecast of other influencing factors on profitability, for example, the outstanding McKesson shares, the tax rate or interest expenses.
Our department is very strategically focused and we work closely with the business units.Gerald Jung, Director Financial Planning und Analysis
Although his previous role at Celesio was similar, he can still notice differences: tasks at McKesson are very clearly defined and his colleagues in San Francisco are more specialised than his colleagues in the finance department in Stuttgart. “We have a good overview of operations, which is very exciting. Though at first I had to learn loads of abbreviations,” he explains. The elements he loves about his job are the stronger orientation on the capital market and “the direct line to James Beer”, the CFO of the McKesson Corporation.
There are no team meetings and telephone conferences after 3 p.m., which seems an odd rule at first glance. However, when you realise that the different McKesson sites are located in different time zones across the USA, you see that it’s the only way to have a joint meeting. Furthermore, mobile working is considered to be very important, so it’s rare that all the team members are in the office at the same time.
The Californian lifestyle
But not everything in the USA went smoothly from the outset. As California does not recognise the German driving licence, Gerald Jung had to take his driving test all over again. And paying rent by cheque instead of a standing order was a bit strange at first. He also rapidly got used to the fact that there’s an app for everything – something which reflects the proximity of Silicon Valley.
The Californian lifestyle also has a few surprises in store: “Life is very healthy here – unavoidably so,” he explains with a grin. “There's raw kale salad everywhere; it's very popular right now over here.”