Senior Manager - Internal Audit (Solventum)

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:

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 Senior Manager to help shape and drive the development of a world class Internal Audit function at a global company from scratch.   This is a unique opportunity to build 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 Senior Manager- 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 have the opportunity to 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:

• Establishing a culture of transparency, trust and continual improvement to reach optimal individual and organizational goals and performance
• Actively collaborating with the key business process stakeholders across all in-scope  processes to assess and improve internal controls and financial transaction processing
• Supporting the development and execution of an annual Internal Audit Plan that considers risk assessments, materiality, scoping and efforts to make processes and the internal control environment effective and efficient
• Evaluating the design and operating effectiveness of processes/controls and develop appropriate testing attributes to be executed and ascertain the level of testing of controls required
• Acting as the lead for various operational audits as well as the global lead for various SOX process.
• Keeping abreast on the development of regulatory, industry and product developments through continuous monitoring and auditing
• Providing an independent appraisal of controls over financial integrity, risk of fraud, operational effectiveness, IT controls for cybersecurity, privacy and compliance with laws and policies
• Working directly with process and control owners on remediation activities of any identified process gaps or control deficiencies
• Conducting and effectively documenting SOX scoping analysis, oversight and review of walkthroughs and testing as well as any necessary remediation efforts
• Analyzing the current Risk & Controls Matrix and identifying the appropriate control structure for Solventum while also driving efforts to standardize SOX controls to the extent possible
• Preparing key internal and external stakeholders for SOX readiness, including providing education and training

Your Skills and Expertise 
To set you up for succ