Director, Corporate Financial Planning & Analysis (Remote - United States)

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers’ toughest challenges. While we continue updating the Solventum Careers Page and applicant materials, some documents may still reflect legacy branding. Please note that all listed roles are Solventum positions, and our Privacy Policy: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ applies to any personal information you submit. 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:

Director, Corporate Financial Planning & Analysis

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 Director, Corporate Financial, Planning & Analysis is the enterprise leader accountable for driving Solventum’s free cash flow performance and effective tax rate as a recently independent, global MedTech company. This role ensures strong cash generation through disciplined forecasting, working capital optimization, capital governance, and close partnership across Finance, Operations, Supply Chain, Commercial, and Shared Services.  In addition, in partnership with the tax department, developing a forecast model for the annual effective tax rate and assistance in driving the corporate tax rate below peer averages through implementation of tax strategies.

As Solventum continues to mature its stand‑alone operating model and finance capabilities, this leader plays a critical role in embedding cash discipline, improving predictability, and enabling confident capital allocation aligned with growth, innovation, and shareholder commitments.

In this role, 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:

Enterprise Free Cash Flow Ownership

• Owning Solventum’s enterprise free cash flow forecast, outlooks, and long‑range planning, ensuring alignment across P&L, balance sheet, and capital assumptions
• Leading monthly, quarterly, and annual FCF performance reviews, including variance analysis versus plan, prior year, and commitments
• Translating complex operational and financial drivers into clear, actionable insights for executive leadership

Working Capital Leadership

• Driving enterprise working capital performance across inventory, receivables, payables, and other balance‑sheet levers, with clear targets and accountability
• Partnering with Supply Chain, Operations, Commercial Finance, Procurement, and Shared Services to embed cash outcomes into operating rhythms
• Establishing and maintaining dashboards, KPIs, and governance routines to track progress, risks, and opportunities

Capital & Cash Governance

• Partnering with FP&A and business leaders to evaluate capital investments, restructuring actions, and strategic initiatives through a cash‑first lens
• Supporting capital prioritization and funding decisions aligned to growth strategy, margin expansion, and cash commitments
• Leading scenario modeling and stress testing to assess liquidity, resilience, and trade‑offs under varying business conditions
• Partnering with Treasury to support capital planning and use‑of‑cash analyses, including non‑operational forecasting for net interest and pension expenses

Effective Tax Rate Management

• Partnering with FP&A, Tax Planning, and business leaders to evaluate initiatives through a strategic tax lens
• Supporting forecasting of the annual effective tax rate and development of tax planning strategies

Finance Modernization & Analytics

• Building and enhancing driver‑based cash flow models linking operational plans to cash outcomes
• Ensuring consistency and integrity of cash flow assumptions across planning tools, ERP systems, and reporting platforms
• Driving continuous improvement in forecasting accuracy, data quality, and insight generation
• Leading legal entity forecasting processes supporting Treasury and Tax activities

Leadership & Enterprise Influence

• Serving as a trusted advisor to the CFO, Finance leadership team, and senior executives on cash performance and capital allocation
• Leading, coaching, and developing a high‑performing offshore team focused on cash flow analytics, governance, and execution
• Influencing non‑finance leaders to drive cash‑conscious decision‑making and accountability

Controls, Compliance & Risk

• Ensuring strong internal controls and SOX compliance related to cash flow, working capital, and capital expenditures
• Partnering with Controllership and Audit to maintain transparency, consistency, and audit‑ready processes
• Identifying and mitigating cash‑related risks proactively

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 Finance, Accounting, Economics, or Business Administration (completed and verified prior to start) AND ten (10) years of finance experience in areas such as free cash flow, treasury, FP&A, working capital, and/or controllership within a matrixed organization

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

• MBA, CPA, or CFA
• Experience partnering cross‑functionally and influencing senior leaders
• Experience applying analytical and financial modeling approaches to support business decision‑making
• Experience working in global, regulated, or manufacturing‑intensive environments (e.g., MedTech, Life Sciences, Industrial)
• Experience supporting stand‑alone readiness, transformation, or ERP/finance modernization initiatives
• Experience using enterprise financial and planning systems, such as SAP, Anaplan, or Hyperion
• Experience building or enhancing financial processes, operating models, or analytical capabilities in a growing or transforming organization
• Experience making decisions aligned to enterprise‑wide business objectives, balancing functional and organizational priorities
• Experience managing financial performance drivers, including cash generation and tax‑related considerations
• Experience executing strategic initiatives, balancing near‑term deliverables with long‑term business objectives
• Experience influencing stakeholders and driving outcomes through cross‑functional partnership
• Experience supporting organizational change initiatives, including building new processes, operating models, or team structures

Work location: Remote in United States

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 $211,600 - $290,950, 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 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 @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note, Solventum does not expect candidates in this position to perform work in the unincorporated areas of Los Angeles County.

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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