SOLVENTUM

Compensation

Full Description

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 of Business Process Transformation 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 The Director of Business Process Transformation is accountable for driving the transformation of key Finance business processes to achieve the Finance Modernization Strategic Plan targets. Key processes include FP&A, Finance Data Office, Controllership, Record to Report, Operations Finance, Tax, Treasury, and other financial functions, with a focus on achieving measurable quality, cost, delivery, and scalability improvements. This role requires a dynamic and strategic thinker with deep experience leveraging Lean, Six Sigma, and business transformation best practices to drive top quartile performance in finance. The ideal candidate will possess a high degree of business acumen in interacting with cross-functional teams and executive leaders, excellent communication skills, and a proven track record of finance business transformation leadership. As Director of Business Process Transformation, 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: Drive Process Optimization: Work cross-functionally to define and document existing current state end-to-end finance process maps for identified key finance processes across the organization (many of which start outside of finance). Critically assess current processes and business challenges, needs, and gaps, and identify opportunities for efficiencies and improvements through root cause analysis. Lead process mapping workshops, kaizen events, and value stream mapping to support team alignment and problem solving and drive improvements. Develop end-to-end solutions to optimize processes, reduce costs, and strengthen controls, based on Lean Six Sigma methodology and industry best practices for financial processes including outsourcing, shared services, automation, and other efficiency improvements. Document future state process maps and maintain and update process documentation. Drive transformation, as needed, in people, process, data, and technology with cross-functional teams. Approach all aspects of the role with a continuous improvement framework, identifying and mapping key business processes and taking a holistic view. Executive Collaboration & Stakeholder Engagement: Build strong relationships with senior leaders and stakeholders across functions to ensure alignment, buy-in, and support throughout the process changes. Change Agent: Act as a key voice for change, helping to engage and align teams around achieving the Finance Modernization transformation goals and performance metrics. Risk & Readiness Assessment: Conduct impact analyses and readiness evaluations to identify potential risks and develop mitigation strategies. Coaching & Strategic Advisory: Keep abreast of industry best practices and emerging technologies in business process improvement and transformation. Serve as a thought leader to executive and senior leaders on best practices to optimize financial processes. Project Management: Drive overall cross-functional project management of the process transformation initiatives, including managing project plan, deliverables, owners and due dates, RAIDE Register (Risks, Assumptions, Issues, Dependencies, and Escalations), etc Your Skills and Expertise To set you up for success in this role from day one, Solventum requires the following qualifications: Bachelor's degree or higher in Business Administration, Finance, Accounting or related discipline 12 or more years of experience in management of financial processes and/or business process transformation of financial processes Certified Lean Six Sigma Master Black Belt with demonstrated experience driving global finance business process transformations leveraging tools and techniques for mapping and analyzing processes such as value stream mapping and Kaizen Proven track record of driving successful business process transformation initiatives with high impact results and working collaboratively in cross-functional teams, with preference on global organizations and enterprise-wide transformations Additional qualifications that could help you succeed even further in this role include: Strong analytical skills with demonstrated ability to analyze complex processes, identify root causes of problems, and develop data-driven solutions Strong and effective strategic and problem solver with the ability to both recognize and anticipate problems and interpret and summarize data to aid management in achieving strategic and operational goals Excellent leadership, communication, presentation, and interpersonal skills, with ability to work collaboratively with executive and senior leadership and effectively build business relationships and influence without authority as part of a matrix organization Demonstrated ability to translate solutions into viable action plans at a global level Experience working cross-functionally and cross-culturally in support of business processes and/or systems Results oriented, hands-on, and able to roll-up their sleeves to drive completion of necessary tasks Self-motivated, high energy, respectful, honest, hard-working and loyal team member Work location: Remote - United States Travel: May include up to [25%][domestic/international] Relocation Assistance: No 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. 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. Before submitting your application you will be asked to confirm your agreement with the terms. 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 here 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. At Solventum, we create breakthrough solutions for our customers’ toughest challenges by pioneering game-changing innovations at the intersection of health, material and data science to change patients’ lives for the better — while enabling healthcare professionals to perform at their best.