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Frequently Asked Questions

You may find more information in one of the following categories:
> Applying to the Financial Development Program
> Rotation and relocation
> On the job
> Benefits and compensation
> Career and learning opportunities
> About Cardinal Health

Applying to the Financial Development Program
What are the criteria for applying to the Cardinal Health Financial Development Program?
The Financial Development Program recruits candidates who meet the following criteria:

> Excellent academic record (GPA of 3.0 or above)
> Accounting or finance degree or a minimum of nine hours of accounting coursework (other business degrees will be considered given the nine hours of accounting coursework requirement is met)
> Relevant internship experience
> Strong leadership, communication and analytical skills
> Established work ethic and ambition
> Willingness to relocate during the two-year program.

How many people usually apply to the program? How are participants selected?
Every recruiting season, approximately 700 people submit resumes to be considered for a position with the Financial Development Program. Of those submissions, about 300 people are given the opportunity to go through the formal interview and application process.

The standard interview process consists of first-round interviews on campus with second-round interviews conducted at the Cardinal Health corporate headquarters in Dublin, Ohio.

What if I do not attend a campus at which the Cardinal Health Financial Development program recruits?
For candidates who do not attend a campus at which the Cardinal Health Financial Development Program recruits, an initial phone interview is conducted in place of the on-campus interview. The remainder of the interview process continues in the same manner.

See the Program requirements and selection process section for more information.

What is the timeline for the selection process?
Candidates are notified of interview results within two weeks of their interview date for both first and second round interviews.

Rotation and relocation
How long does the Financial Development Program last? How many rotations are available?
The program typically lasts two years although it can be as short as 18 months. There are currently over 60 rotations from which to choose.

See the Rotation opportunities section for more information.

How does rotation preferencing work? What happens if multiple people prefer the same rotation?
Participants will analyze their current portfolio of skill sets and identify their strengths and developmental needs. They will then review the rotation overviews and determine the rotations that will allow them to utilize their strengths while also providing the opportunity to improve the areas identified as developmental needs. The participant’s desired exposure to the financial reporting segments (Pharmaceutical Distribution and Provider Services, Medical Products and Services, Automation and Information Services, and Pharmaceutical Technologies and Services) should also be considered at this time. The participant will submit three rotation preferences with reasons why the rotations are chosen to the program management team. The Financial Development Program management team matches the participant’s skill sets, rotational preference and performance within the program to the business’s needs in order to develop future rotational assignments.

Is it mandatory to relocate while in the program?
The goal of the Financial Development Program is to expose new analysts to different Cardinal Health business segments, allowing them to develop multiple skill sets and to gain a solid understanding of the company’s operations. To accomplish this, you are expected to spend one rotation in a location outside of Dublin, Ohio, and McGaw Park, Ill., the two locations at which new hires typically start their careers.

Does Cardinal Health provide program participants with relocation assistance?
Cardinal Health contracts with a moving company that will relocate program participants. This moving company complies with the relocation guidelines of both Cardinal Health and the Financial Development Program.

Will more international rotations be added in the future?
Cardinal Health understands the value of having international business experience. Currently, there are two international rotations available to program participants. As the Financial Development Program expands into additional areas of the organization, new international rotations will be considered.

See the Rotation opportunities section for more information.

Do participants experience a language barrier at international rotation locations? Is there additional support available for participants at these locations?
Language barriers are experienced initially; however, analysts quickly learn to adapt. Many employees at international locations speak English in addition to their native language. Cardinal Health also pays for you to take language lessons during the first two months of your rotation.

On the job
What are some of the general responsibilities at a typical rotation? What skills will I acquire?
Your responsibilities will vary widely depending on the rotation. Participants are, however, typically responsible for reporting, processing journal entries, preparing balance sheet reconciliations and completing other month-end closing duties. You are usually assigned one or two projects that last the length of the rotation, along with general day-to-day support for the assigned business.

As a new analyst, for whom will I be working? And with whom will I work?
You will report to a senior analyst or a manager, many of whom are program graduates, within your department. On a day-to-day basis, you may work with other members of the finance department and employees from other functions within your business group, such as sales, marketing and operations, depending on their assigned duties.

How much interaction will I have with other program participants?
Generally, you will interact with other program participants on a daily basis. New analysts often eat lunch together — some even choose to live together. Additionally, participating on the Financial Development Program’s continuous improvement teams (Quality of Program, Training and Development, Communications and Recruiting) is a great way to get involved and meet the other participants. Quarterly communications meeting attendance is required and this provides you with a chance to meet program participants outside your current geographic area.

What is the process for graduating from the program?
Graduates are defined as analysts who complete the 18-24 month rotational program (three to four assignments). Every May and November, the program management team will schedule a meeting with analysts who are eligible to graduate from the Financial Development Program. At that time, the program management team will solicit the needs of the business segments' human resources and update the soon-to-be graduates with biweekly notifications on open positions. Then, it is up to the graduating analysts to take ownership of their career and follow standard procedures for applying for positions.

Benefits and compensation
Are participants paid for their work in the program? Is the rate of pay negotiable?
Participants receive fair compensation for their work. The rate of pay is non-negotiable and is reviewed annually to ensure our Leadership Development Program is competitive with similar programs at other companies.

Are participants eligible for health and wellness benefits?
Yes, as full-time employees of Cardinal Health, Leadership Development participants are eligible for health and wellness benefits. Health benefits will begin on the first of the month after the analyst has completed one full calendar month of employment.

Do participants receive vacation time?
Yes, you are eligible for vacation time, prorated for the number of full months worked within the current calendar year. An employee must begin working between the first and fifteenth day of the month for that month to be considered a month of completed service. You must receive pre-approval from your supervisor before using vacation or personal days. The official number of vacation days will be communicated upon hire.

Career and learning opportunities
Does Cardinal Health hire interns?
The internship program at Cardinal Health is a valuable resource for filling positions in our development program. Summer interns are welcome to apply for development programs following college graduation.

Does Cardinal Health provide tuition reimbursement for higher education?
Cardinal Health encourages all employees to expand their knowledge and skills through participation in outside educational programs. Cardinal Health will reimburse eligible employees for tuition upon successful completion (grade of C or better) of approved courses at recognized educational institutions. Employees who are scheduled to work at least 20 hours per week are eligible to participate in the Tuition Reimbursement Program after their first full month of service. The Undergraduate Tuition Reimbursement Program, which can be used to take additional accounting courses, foreign language classes, and other courses, is reimbursed up to $5,250 per calendar year. This coursework does not need to be job-related. The Graduate Tuition Reimbursement Program will cover two classes per semester/quarter (dependent upon the educational institution’s class schedule) up to $5,250 per calendar year. Graduate hours need to be approved by a Cardinal Health officer for reimbursement.

Other than a graduate program, what training opportunities are available?
Cardinal Health and the Financial Development Program offer several opportunities for professional development. During your first year as a Financial Development Program analyst, you will be offered training in Cardinal Health financial systems and Microsoft® Access and Excel. Other development opportunities, such as joining a sales rep on a customer visit or the participation in a physical inventory, will take place on the job. Your first year is also highlighted with the chance to develop informal mentoring relationships and attend lunches with managers from multiple business segments within Cardinal Health.

Second year Financial Development Program analysts will build on skills learned during the first year. You will also attend training sessions in relation to career path development, presentation, leadership, and interview skills.

In addition, there is an annual Leadership for the Future conference in which you will participate in workshops focusing on business acumen, financial statements, team building, and analytical thinking. During the Leadership for the Future Conference, you will complete case studies focusing less on base technical skills and more on financial measurement and strategic and innovative thinking abilities.

Cardinal Health offers additional training and development opportunities for all employees within the company. You may also enroll in external training courses with your manager's approval or utilize Cardinal Health University, an online interactive tool.

Do participants receive performance evaluations? If so, how often?
Performance evaluations and feedback are an important part of the Leadership Development Program’s process. As a participant, you will receive official performance evaluations during our annual common review process unless otherwise specified. Due to the developmental nature of the program, performance feedback is given frequently and program participants should openly receive the feedback as they strive to improve themselves throughout the program and their careers.

What career opportunities are available for participants upon completing the program?
After completing a development program, participants can interview for positions they are interested in. Because participants will have worked within several businesses of Cardinal Health, they have the opportunity to interview for open positions throughout the company. To aid this effort, the program management team will provide program graduates with a listing of available job opportunities when they graduate from the program.

Can I move into roles in other business functions, such as operations or marketing?
Yes, it is possible to branch into other functions at any level. Although most program graduates usually wait until they have spent two to three years in a senior financial analyst position, some graduates move to positions other than finance upon graduation. Some rotations even offer cross-functional experiences for you to explore while in the program.

Are participants guaranteed a permanent position with Cardinal Health upon completion of the program?
Future job opportunities are based on an individual’s performance and ability; job placement is never guaranteed. You should keep in mind that this is an application and interview process.

About Cardinal Health
What is the environment at Cardinal Health? Can you describe the company’s culture?
Cardinal Health is a global, dynamic company, and the environment is professional but relaxed. Our performance-driven, innovative, collaborative and ethical employees are motivated to succeed in our fast-paced work environment. The atmosphere, like the dress code, is business casual. Employees strive to achieve work-life balance. We work hard, but we value time for family and social interactions as well.

Do employees usually stay with the company? Are there opportunities for advancement?
Cardinal Health tends to promote from within the organization before looking outside to fill an open position. This practice, along with the company culture, attracts employees who become committed to Cardinal Health. It is not uncommon to find development program graduates — especially Finance Development graduates — who have been with the company for 10, 15 or even 20 years.

 
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