Finance Analyst 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/ 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:

Finance 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 Finance 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:

• Analyst for Medical/Surgical (MedSurg) USAC specifically focused on growth and spending forecasts


• Partner with key business stakeholders and proactively provide value-added analysis/financial support


• Regular interaction with key business stakeholders to understand the MSD business model, current market dynamics and operations to make recommendations to achieve established actions plans, drive efficient growth and change


• Completion of detailed monthly revenue reporting/reconciliations


• Preparing accurate financial analysis focusing on Sales performance to plan and articulating results to MedSurg Leadership Team on a regular basis


• Support of weekly USAC sales estimate process


• Working closely with Sales Operations, Controllers and Sales Analytics organizations both during close and throughout the month in order to translate data into insights and actions


• Ensuring that success is achieved through the utmost ethical and legal means

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 in business administration, economics, engineering, finance, accounting, or other business and/or finance discipline (completed and verified prior to start) AND Seven (7) years of finance experience in a private, public, government or military environment

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

• Strong financial acumen - ability to translate complex business problems into financial terms


• Solid understanding of multiple workstreams and how they come together


• Solid business knowledge and acumen as well as strategic thinking mindset


• Creative problem solving - ability to work with diverse functional teams to evaluate and address key issues


• Knowledge and experience with ERP systems (SAP/Oracle/JDE) or other database system used in collecting data for analytics.


• Self-starter with ability to drive change


• Very strong verbal and written communication skills


• Strong organizational and prioritization skills

Work location: Remote

Travel: May include up to 10% domestic

Relocation Assistance: 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 $119,076 - $145,537, 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 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.

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