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

SOLVENTUM•Remote - Minnesota, MN

1d•$211,600 - $290,950•Remote

About The Position

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.

Requirements

Bachelor’s degree or higher in Finance, Accounting, Economics, or Business Administration (completed and verified prior to start)
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

Nice To Haves

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

Responsibilities

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.