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

External
Full-timeRemote1w ago
ForecastingLeadership
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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 insi


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