Finance Director, Global Supply Chain Sourcing
Company: Solventum
Location: Saint Paul
Posted on: October 15, 2024
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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: 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
Job Title: Finance Director, Global Supply Chain Sourcing
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 Will Make in this Role:
As a Finance Director, Global Supply Chain Sourcing, 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:
--- Providing strategic and operational financial leadership to the
Global Supply Chain Sourcing Leaders to drive sourcing operational
performance, including setting direction on operational
metrics.
--- Being a strong business partner in setting direction on
Purchasing and Spending for Global Sourcing (plant, area, supply
chain, business, planning, logistics) in conjunction with and to
support the needs of the Global Supply Chain operations.
--- Developing and driving end-to-end (E2E) processes, analyses,
and tools to standardize reporting to support Global Supply Chain
Sourcing execution, tracking and mitigation plans.
--- Building and enhancing market intelligence to communicate and
drive understanding of external sourcing market dynamics and
expected impact on internal operations.
--- Increasing visibility/analysis of the sourcing spend drivers
with active participation in the operating rhythm and collaboration
with functional and business teams to ensure alignment and
understanding.
--- Developing understanding of impacts to sourcing spend driven by
sales volume, demand planning and supply planning dynamics.
--- Actively driving cost savings for sourcing category by
identifying/analyzing options, validating cost savings and
supporting execution.
--- Ensuring weekly, monthly and quarterly reporting of global
category spend and drivers including volume, purchasing categories,
and translating sourcing savings to financial statement impact.
--- Building the needed capabilities to forecast sourcing
spend.
--- Leading weekly, monthly, quarterly, and annual processes to
support weekly rhythms/updates, month end close activities,
QORs/MREs, Annual Operating Plans and Strat Plans.
--- Standardizing & automating sourcing spend reporting and
financial statement impacts.
--- Supporting Source to Pay business transformation for ERP
deployments.
--- Ensuring compliance to financial standards related to
sourcing.
Provides financial advice and counsel for decision-making,
operational/strategic planning, and asset and profit management.
Implements standards and defines guidelines for financial
operations and financial measurement for assigned business area(s).
Plans, organizes, and directs all financial activities and
policies, including the management of one or more functional
disciplines within Finance such as controlling, accounting,
taxation, credit, audit, treasury, etc. Works with and provides
counsel to market center business development directors, div VPs,
and exec VPs on the evaluation and prioritization of business
alliance opportunities. Leads medium ($10-$25 million) to large
(> $25 million) complex projects related to acquisitions,
divestitures, and other business alliance ventures in designated
market center.
Your Skills and Expertise
To set you up for success in this role from day one, Solventum
requires (at a minimum) the following qualifications:
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 $222,044 - $271,387, 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:
Responsibilities of this position include that corporate policies,
procedures and security standards are complied with while
performing assigned duties.
Solventum is committed to maintaining the highest standards of
integrity and professionalism in our recruitment process.
Applicants must remain alert to fraudulent job postings and
recruitment schemes that falsely claim to represent Solventum and
seek to exploit job seekers.
Please note that all email communications from Solventum regarding
job opportunities with the company will be from an email with a
domain of . Be wary of unsolicited emails or messages regarding
Solventum job opportunities from emails with other email
domains.
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.
Solventum Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your
access to and use of this website and application for a job at
Solventum are conditioned on your acceptance and compliance with
these terms.
Please access the linked document by clicking here , select the
country where you are applying for employment, and review. Before
submitting your application you will be asked to confirm your
agreement with the
terms.
Keywords: Solventum, Woodbury , Finance Director, Global Supply Chain Sourcing, Accounting, Auditing , Saint Paul, Minnesota
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