Manager, Transformation Management Office, Finance

Job Description

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.**Job Description:**

**Job Title:** Manager, Transformation Management Office, Finance

**3M Health Care is now Solventum**

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material and data science that change patients’ lives for the better, while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

**The Impact You’ll Make in this Role**

Solventum Transformation & Separation Management Office is seeking a Manager of Finance to help shape and drive the separation of Solventum from 3M, while developing a world-class Finance function at a global public company. This is a unique opportunity to build a critical function within Solventum and to help the company drive change management and establish itself as a newly independent entity. You will support VP, Finance, Separation Management Office & Transformation and other finance executives to lead transformational projects that enhance product innovation, optimize supply chain efficiencies, and drive margin expansion.

As the Manager of Finance, you will make an impact by:

* Partnering with finance, supply chain, businesses and product management teams to identify margin improvement opportunities and develop actionable supply chain strategies that align with overall business goals
* Analyzing and managing costs associated with the supply chain for new products, working to identify opportunities for cost reduction without compromising quality or performance
* Leading cross-functional transformation projects from initiation to completion, ensuring alignment with business goals and delivering measurable improvements in efficiency and profitability
* Leveraging data analytics to evaluate project performance, market trends, and supply chain efficiencies, providing actionable insights that inform decision-making and strategy development
* Monitoring financial performance against budgets and forecasts, providing insights and recommendations
* Conducting variance analysis and identify trends to inform decision-making
* Assessing potential risks associated with transformation initiatives, developing and implementing mitigation strategies to ensure successful outcomes
* Identifying opportunities for process enhancements within the finance function and TMO.
* Implementing best practices in financial reporting and analysis
* Fostering strong relationships with internal teams to ensure financial alignment with transformation objectives

**Your Skills and Expertise**

The ideal candidate will have proven experience with leading enterprise-wide projects and supporting business partners to deliver critical work on time and on budget. The successful candidate should be a self-starter, adept at influencing others through data-driven analyses and strong communication and collaboration skills. The candidate should be comfortable working in a fast-paced, dynamic environment and adapt to changing priorities.

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

* Bachelor’s degree or higher and 7 years of combined experience in Finance or Accounting
* Five (5) years of experience in supply chain management or operations finance, with a focus on cost management, new product development and margin enhancement within a manufacturing industry.

**Additional qualifications that could help you succeed even further in this role include:**

* MBA or other advanced degree
* Strong understanding of supply chain principles, cost structures, and financial metrics
* Advanced proficiency in Excel (advanced queries, data consolidation, automation) and experience with supply chain software and tools, experience with ERP systems is advantageous
* Strong analytical skills with advanced proficiency in financial modeling and data analysis
* Strong attention to detail and ability to work under tight deadlines
* Critical thinking and problem-solving skills
* Adaptability, flexibility and ability to foster strong working relationships across all layers of the organization
* Ability to add value and work on special projects when the need arises

**Work location:**

* **Remote**

**Travel:** May include up to 15% domestic/international

Relocation Assistance: N/A

**Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).**

**Supporting Your Well-being**

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope.

Applicable to US Applicants Only:The expected compensation range for this position is $160,284 – $195,903, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. In addition, this position may be eligible for a range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits, etc.). Additional information is available at: https://www.solventum.com/en-us/home/our-company/careers/#Total-Rewards
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process. Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of **@solventum.com**. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.
Solventum is an equal opportunity employer. Solventum will not discriminate against any applicant for employment on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.**Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.**

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