Senior Director Finance, Corporate Functions

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: Senior Director Finance, Corporate Functions

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
This Sr. Director Finance, Corporate Functions will support the Senior Vice President, FP&A in managing the budgeting and planning for all central Corporate Functions, and will partner closely with the Executive Leaders for all the central Corporate Functions (~$1B Budget). As a Sr. Director Finance, Corporate Functions you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world.

Here, you will make an impact by:

• Own the budgeting and planning for all Corporate Functions including Central R&D, Strategy, Finance, HR, IT, Legal, Insurance, and other Corporate spend    

• Partner with Transition Management Office on Corporate Function spend incurred through transition agreements with 3M Company

• Enhance visibility of spend categories and identify areas for efficiencies; benchmark against external peers and provide recommendations on resource allocation for Corporate Functions

• Develop and coach a team of 5 FTEs and help them implement best practices in managing and reporting Corporate Function spend

• Present directly to Executive Leaders and CFO at a regular cadence and help implement resource allocation decisions across the enterprise

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 from an accredited university and 10 years of Finance experience in private, public, government or military environment

• A minimum of 5+ years in an FP&A role

• ​ Strong command of cost management and reporting

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

• A master’s degree in finance or business from an accredited institution

• CMA or CPA certification

• 5+ years of managing Corporate Function spend of ~$1B+

• A background in audit or advisory or consulting services, including big 4

• Ability to “think outside the box” and embraced continuous change.

• Outstanding integrity, initiative, creativity, and passion

Work location: Remote

Travel: May include up to 10% domestic/international

Relocation Assistance: Is not 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 i