Finance Director, Global Supply Chain Planning - Solventum

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:

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

As Finance Director, Global Supply Chain Planning, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here you will make an impact by:

• Providing strategic and operational financial leadership to Global Supply Chain Planning on service, cost, and cash.

• Being a strong business partner in setting direction on Volumes, Inventory and Spending for Global Supply Chain (plant, area, supply chain, IBP, business, sourcing, logistics) in conjunction with and to support the needs of the Global Supply Chain operations.

• Developing and driving end-to-end (E2E) processes, analyses, and tools to standardize reporting to support Global Supply Chain planning, execution, tracking and mitigation plans.

• Ensuring consistency of operations and reporting across Global Supply Chain, portfolio actions and operations.

• Leading weekly, monthly, quarterly, and annual processes to support Global Supply Chain  rhythms, month end close activities, QORs/MREs, OP and Strat Plans.

• Collaborating with all relevant stakeholders to ensure E2E alignment and compliance in Global Supply Chain planning processes.

• Collaborating with the business segments and Global Supply Chain organizations to implement and maintain an Integrated Business Planning (IBP) process.

• Analyze planning spend and work with the teams to identify, communicate and execute productivity improvement opportunities.

• Ensure compliance to financial standards

Your Skills and Expertise 
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 Fifteen (15) years of experience working in finance organizations with key understanding of business unit and commercial processes and reporting in a private, public, government or military environment.

In addition to the above requirements, the following are also required:

• Five (5) years of experience of financial modeling and in a Planning Support Role for global organizations

• Five (5) years of finance experience within a Manufacturing industry

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

• CPA, CMA or equivalent international certification

• Experience in the MedTech Industry

• Responsible for Income Statements

• Five (5) years of finance experience within a healthcare industry

• Leadership and collaboration skills to engage with business stakeholders and drive alignment on financial assumptions

• Ability to lead through others and influence

• Five (5) years of leadership experience managing senior level teams

• Pragmatic, results-oriented with a strong bias towards executing with speed, agility, and quality

• Experience in a global business setting and understanding of operational and cultural differences due to geography, size, and scope of the organization •

• Record of career progression with increasing levels of responsibility

Work location:

·         Preference onsite in St. Paul, MN or Remote

·         Travel: May include up to 15%

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 $222,044 - $271,387, 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.

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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