Director, Transformation Management Office, Finance

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 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 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 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, 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/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 $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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