Manager, Internal Audit

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: Manager, Internal Audit

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 Internal Audit is seeking a Manager to join a world class Internal Audit function at a global company. This is a unique opportunity to be a part of building a critical function within the Global Finance team. The ideal candidate will have proven experience with audit procedures, testing of financial reporting transactions, SOX requirements and related internal control process methodologies. They will also have the ambition to help support talent development and coaching of Internal Audit team members while also positively influencing the culture and perception of the Internal Audit team with internal and external stakeholders. 

As a Manager in Internal Audit, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. You will also learn details about the Solventum business while working with key leaders across our global footprint. The Solventum Internal Audit function has been specifically identified as a function to drive talent development and to serve as a “pipeline of finance talent” for the Global Finance team and other key functions. 

Here, you will make an impact by:

• Evaluating the design and operating effectiveness of processes/controls by providing an independent appraisal of controls over financial integrity and risk of fraud
• Supporting the development of control testing attributes and implementing risk-based testing strategies
• Overseeing SOX process/control and operational audit documentation, including process flows, risk and controls matrices, testing workpapers, issue listings, remediation plans and audit reports
• Acting as a final reviewer, ensuring high quality working papers to be relied upon by the Company’s external auditor
• Actively collaborating with the key business process stakeholders across all in-scope SOX processes to assess and improve our control environment and financial transaction processing
• Acting as a liaison with IT Audit counterparts to identify and test Key Reports and Automated Controls, and ensuring the sufficiency of IT General Controls for in-scope systems
• Participating in the annual risk assessment process and execution of our Internal Audit Plan that considers materiality, scoping and efforts to make processes and the internal control environment effective and efficient
• Working directly with process and control owners on remediation activities of identified process gaps or control deficiencies and period-end deficiency evaluations with the Company’s external auditor (if nec.)
• Preparing key internal and external stakeholders for the annual SOX cycle, including providing education and training
• Coordinating with external audit on timing, sampling, and control reliance
• Mentoring, training and building positive team environment for Internal Audit team members, including direct reports
• Fostering a culture of transparency, trust and continual improvement to reach optimal individual and organizational goals and performance
• Performing project mana