Finance Director, MedSurg at 3M Healthcare US Opco LLC in Maplewood, Minnesota

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:

MedSurg Finance Director

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 MedSurg Finance Director will report directly to the SVP MedSurg Finance and will be the finance business leader for financial planning and reporting processes. The role will interface with key business leaders, sales and customer operations, sales leaders, and key finance stakeholders (FP&A, portfolio finance, controllers) to provide financial and business partnership.

As the MedSurg Finance Director, you will make an impact by:

• Partnering with business leaders and other internal stakeholders to drive growth


• Owning, augmenting, tracking, and updating the financial forecasting cycles including


• strategic plan, annual operating plan, quarterly forecasts, and latest estimates


• Working with sales leaders, sales operations, marketing to drive our growth goals while


• delivering financial targets; ensuring high forecast accuracy and predictability both domestically and internationally


• Collaborating with internal suppliers and customers to design, develop, and drive


• continuous improvement activities to enable us to serve customers more effectively


• Developing financial models to highlight revenue and profit growth opportunities

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


• Ten (10) years of experience working in finance organizations with key understanding of business unit and commercial processes and reporting


• 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:

• CPA, CMA or equivalent international certification


• Experience in the MedTech Industry


• Responsible for Income Statements


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


• Ability to lead through others and influence


• 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 • Excellent oral and written communication skills


• Record of career progression with increasing levels of responsibility


• Outstanding integrity, initiative, creativity, and passion

Preference onsite in St. Paul, MN or Remote

Travel: May include up to 15% 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 $259,007 - $316,564, 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 the
terms.