Senior Accountant – Equity and Post-Retirement Benefits

SOLVENTUM

85d • $137,439 - $167,981

About The Position

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. As a Senior Accountant – Equity and Post-Retirement Benefits, 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 leading the Company’s stock-based compensation and pension and post-retirement benefit accounting.

Requirements

• Bachelor’s Degree AND seven (7) years of accounting experience.
• Certified Public Accountant (CPA) or Certified Management Accountant (CMA) certification.
• Experience with SEC reporting and SOX controls.
• Knowledge and experience in accounting or financial reporting related to stock-based compensation (ASC 718), pension and post-retirement benefits (ASC 715), or basic and diluted share count (ASC 260).

Nice To Haves

• Strong leadership and communication skills.
• Organized self-starter.
• Experience working in SAP, OneStream, Workiva, Workday, Fidelity, and/or Nexen.
• Experience working with the Big 4 firms.
• Experience with employee benefit plan financial statements and Forms 5500.

Responsibilities

• Collaborating with external service providers and Solventum’s stock administration team to produce monthly stock-based compensation journal entries, validate stock-based compensation data, review probability of awards vesting, and prepare quarterly account reconciliations to support accurate financial reporting.
• Coordinate global pension and post-retirement benefit accounting by collaborating with external service providers and internal Benefits, Treasury, and Global Controller teams to prepare annual and ad hoc pension remeasurements and timely submission of the related accounting journal entries.
• Prepare quarterly external financial reporting disclosures and monthly/quarterly/annual SOX controls related to stock-based compensation, basic and diluted shares, and pension and post-retirement benefits.
• Lead the preparation of audited annual benefit plan financial statements, Forms 5500, and Forms 990, working alongside the Benefits, Treasury, and Tax teams.
• Streamline accounting processes and procedures and build partnerships with internal departments and external service providers.
• Actively support other related processes including but not limited to: forecasting stock-based compensation expense, pension and post-retirement benefits expense, and share count; internal and external audits; technical accounting research and documentation; annual Proxy filing; ERP implementation; special projects.

Benefits

• Medical, Dental & Vision
• Health Savings Accounts
• Health Care & Dependent Care Flexible Spending Accounts
• Disability Benefits
• Life Insurance
• Voluntary Benefits
• Paid Absences
• Retirement Benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees