Solventum
Director, Transformation Management Office, Finance
Solventum, Eden Prairie, Minnesota, United States, 55347
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: Director, Transformation Management Office, Finance
3M Health Care is now SolventumAt 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 RoleSolventum Transformation & Separation Management Office is seeking a Director 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.
As the Director of Finance, you will make an impact by:Partnering with the senior leadership to identify, evaluate, and prioritize key transformation initiatives that can significantly impact the organization
Developing and implementing financial strategies to support transformation initiatives, ensuring alignment with overall business objectives. Leading the budgeting, forecasting, and financial modeling processes
Fostering a culture of innovation and continuous improvement to reach optimal individual and organizational goals and performance
Collaborating with the key business process stakeholders across all in-scope projects to develop project plans, timelines, roadmaps, goals, budgets, and resource planning
Reporting on a regular basis and monitoring the progress of the overall separation plan, tracking and measuring against established business and financial objectives, and using data analytics to drive informed decision-making about improvements
Working closely with key business process stakeholders to identify and resolve operational and financial risks and securing alignment, support, and buy-in from key stakeholders
Presenting findings and recommendations to key cross-functional stakeholders across the organization for ongoing operations and strategic initiatives
Partnering with leaders of the Enterprise Business Organization – Separation & Transformation, Global Business Services and Corporate R&D and identifying best practices, anticipating future trends and developments to prepare Solventum for long-term success and sustainability
Building and managing a high-performing team, providing coaching opportunities and ongoing training and development opportunities for team members to build their skills and capabilities
Your Skills and ExpertiseThe 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, sometimes ambiguous environment.
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 at least 10 years of combined experience in Finance or Accounting
Five (5) years of experience of financial modeling for international organizations
Five (5) years of finance experience within a healthcare or manufacturing industry
Five (5) years of leadership experience managing senior level teams
Additional qualifications that could help you succeed even further in this role include:MBA or other advanced degree
Detail-oriented with strong project management, analytical, critical thinking and problem-solving skills
Excellent communication (verbal and written), collaboration, and presentation skills and the ability to concisely share constructive feedback
Experience managing project work with tight deadlines and working in a fast-paced environment
Demonstrated success in developing and executing against project plans
Comfortable in both individual contributing roles and cross-functional team management roles
Experience to manage and work with a remote team that is in both the US and international locations
Ability to quickly foster strong working relationships across all layers of the organization including the ability to interact with senior leaders across Solventum
Work location:Remote
Travel:
May include up to 15% domestic/internationalRelocation 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-beingSolventum 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.
Solventum Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking
here
,
select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with theterms.
Director, Transformation Management Office, Finance at Solventum summary:The Director of Transformation Management Office, Finance at Solventum leads financial strategies to support the company's separation from 3M and the development of a world-class Finance function. This role involves partnering with senior leadership to prioritize transformation initiatives, manage budgeting, and foster a culture of continuous improvement. The ideal candidate possesses extensive experience in finance within international organizations, particularly in the healthcare sector, and excels in project management and team leadership.
Keywords:finance director, transformation management, healthcare finance, financial strategy, project management, budgeting, change management, team leadership, data analytics, cross-functional collaboration
Job Description:
Job Title: Director, Transformation Management Office, Finance
3M Health Care is now SolventumAt 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 RoleSolventum Transformation & Separation Management Office is seeking a Director 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.
As the Director of Finance, you will make an impact by:Partnering with the senior leadership to identify, evaluate, and prioritize key transformation initiatives that can significantly impact the organization
Developing and implementing financial strategies to support transformation initiatives, ensuring alignment with overall business objectives. Leading the budgeting, forecasting, and financial modeling processes
Fostering a culture of innovation and continuous improvement to reach optimal individual and organizational goals and performance
Collaborating with the key business process stakeholders across all in-scope projects to develop project plans, timelines, roadmaps, goals, budgets, and resource planning
Reporting on a regular basis and monitoring the progress of the overall separation plan, tracking and measuring against established business and financial objectives, and using data analytics to drive informed decision-making about improvements
Working closely with key business process stakeholders to identify and resolve operational and financial risks and securing alignment, support, and buy-in from key stakeholders
Presenting findings and recommendations to key cross-functional stakeholders across the organization for ongoing operations and strategic initiatives
Partnering with leaders of the Enterprise Business Organization – Separation & Transformation, Global Business Services and Corporate R&D and identifying best practices, anticipating future trends and developments to prepare Solventum for long-term success and sustainability
Building and managing a high-performing team, providing coaching opportunities and ongoing training and development opportunities for team members to build their skills and capabilities
Your Skills and ExpertiseThe 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, sometimes ambiguous environment.
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 at least 10 years of combined experience in Finance or Accounting
Five (5) years of experience of financial modeling for international organizations
Five (5) years of finance experience within a healthcare or manufacturing industry
Five (5) years of leadership experience managing senior level teams
Additional qualifications that could help you succeed even further in this role include:MBA or other advanced degree
Detail-oriented with strong project management, analytical, critical thinking and problem-solving skills
Excellent communication (verbal and written), collaboration, and presentation skills and the ability to concisely share constructive feedback
Experience managing project work with tight deadlines and working in a fast-paced environment
Demonstrated success in developing and executing against project plans
Comfortable in both individual contributing roles and cross-functional team management roles
Experience to manage and work with a remote team that is in both the US and international locations
Ability to quickly foster strong working relationships across all layers of the organization including the ability to interact with senior leaders across Solventum
Work location:Remote
Travel:
May include up to 15% domestic/internationalRelocation 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-beingSolventum 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.
Solventum Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking
here
,
select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with theterms.
Director, Transformation Management Office, Finance at Solventum summary:The Director of Transformation Management Office, Finance at Solventum leads financial strategies to support the company's separation from 3M and the development of a world-class Finance function. This role involves partnering with senior leadership to prioritize transformation initiatives, manage budgeting, and foster a culture of continuous improvement. The ideal candidate possesses extensive experience in finance within international organizations, particularly in the healthcare sector, and excels in project management and team leadership.
Keywords:finance director, transformation management, healthcare finance, financial strategy, project management, budgeting, change management, team leadership, data analytics, cross-functional collaboration