Special Projects & M&A Senior Financial Analyst (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:

Special Projects and M&A Sr Analyst (Solventum)

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
As a Senior Financial Analyst, 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:

• Support the 3M and Solventum settlement statement process by
  • Preparing month end journals
  • Reconciling the 3M and Solventum settlement statements
  • Ensuring transaction level activity is being processed as expected
  • Coordinate the exchange and recording of invoices by the local team
  • Identify process improvements for settlement statement process via automation (e.g. Alteryx), and
  • Centrally lead entity TSA exits by coordinating entries needed, assisting the local team with ERP setup and provide guidance on transaction flow (for example, inventory).
• Support current and future merger, acquisition and/or divestiture activities by
  • Participate in due diligence and working capital analysis
  • Master data set up
  • Prepare journal entries
  • Lead the general ledger mapping into Solventum ERP
  • Purchase accounting preparation and push down to local teams, and
  • Support the business with integration activities

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 AND seven (7) years of Finance and/or Accounting experience

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

• Master’s degree in finance, accounting or related degree
• CPA and/or CMA
• Experience with mergers, acquisitions or divestitures and related purchase accounting
• Alteryx proficiency: skilled in workflow design, data blending, and automation
• Knowledge and experience with ERP systems (Oracle, SAP, JDE)
• Ability to work collaboratively across various functions
• Financial acumen
• Creative problem solving
• Self-starter with ability to drive change
• Verbal and written communication skills
• Organization and prioritization skills

Work location: Remote - United States

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 $119,076 - $145,537, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this