Senior Director, Global Process Lead

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:

Senior Director, Global Process Lead

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
 

The Senior Director, Global Process Lead plays an integral role in streamlining and enhancing the efficiency of business operations. This position involves overseeing a team responsible for development, implementation, adherence to procedures, and performance of activities that improve workflow and reduce operational bottlenecks in the Record-to-report (RTR) process. By closely monitoring performance metrics and collaborating with various departments, the candidate ensures that the organization’s standards are met and that continuous improvement strategies are in place.

Key Responsibilities:

• Process Ownership: Determine and govern Global RTR scope and process design including the development and implementation of new processes to enhance productivity and efficiency within the organization.

• Process Standardization: Develop and enforce standardized policies, procedures, systems across regions and segments, ensure compliance with tax, legal, and regulatory requirements. Lead development of documentation and complex analysis of as-is and to-be business processes.

• Leadership and Collaboration: Provide guidance and oversight to the RTR team. Participate in cross-functional and company-wide initiatives to ensure accounting requirements and financial impacts are identified.

• Continuous Improvement: Serve as change agent for global processes adoption and organizational alignment by analyzing existing workflows and identifying areas for improvement, recommending changes to minimize bottlenecks and streamline operations.

• Strategy Development and Decision Support: Provide recommendations for the overall strategy for various initiatives and actions in financial processes standardization. Provide input for strategic designs and KPIs to better align with business goals and objectives.

• Governance and Metrics: Monitor performance of implemented processes, using metrics and KPIs to assess their effectiveness and adjust, as necessary. Implement quality control measures to ensure all processes and work delivered by the RTR team meet the required standards.

• Technology: Collaborate with the IT department to ensure that technological tools and systems are aligned with process requirements, optimizing software and hardware to support workflow enhancements.

• Change Management: Lead the transition management for process changes, ensuring that staff is adequately trained in new procedures and that changes are smoothly integrated into daily operations. Provide operational readiness support, including process-centric training related to system capabilities used in the operations of a business process, through content development and co-facilitation.

• Compliance and Risk Management: Ensure appropriate internal controls are in place and operating effectively in accordance with SOX and industry best practices. Identify solutions to process gaps or risks to leadership to reduce opportunities for process failure.

• Business Partnering: Effectively partner with operational teams to understand business, system or process changes that will affect financial results or internal controls.

Critical Success Factors:

• Ability to develop and execute a cohesive RTR strategy.

• Measurable improvements in efficiency, process, service governance, and delivery model.

• Technology enablement, successful alignment, and integration of RTR processes within financial systems.

• Establishment of a high-performing, motivated team with a focus on delivering value.

Qualifications 

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 from an accredited institution AND ten (10) years of combined years of Finance and/or Accounting experience

• 4 years of leadership experience.

• Experience in RTR process

• Thorough knowledge of US GAAP

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

• Master’s degree and/or CPA

• Experience in implementation of RTR in Shared Services environment preferred

• Experience in RTR process improvement and root cause analysis

• SAP and audit experience

• Project management experience preferred

• Ability to act as a change agent

• Considers implications beyond own area across functions, businesses, countries

• Sound analytical and problem-solving skills

Work location: Remote

Travel: May include up to [5%][domestic/international]

Relocation Assistance: May be authorized

 

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.

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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