Finance Director, Global Supply Chain Sourcing

6 hours ago

Saint Paul, Minnesota, United States Solventum Full time
Job Title: Finance Director, Global Supply Chain Sourcing

Solventum is a leading company in the healthcare industry, and we are seeking a highly skilled Finance Director to join our team. As a Finance Director, Global Supply Chain Sourcing, you will play a critical role in driving the financial performance of our global supply chain operations.

The Impact You Will Make
  • Provide strategic and operational financial leadership to the Global Supply Chain Sourcing Leaders to drive sourcing operational performance, including setting direction on operational metrics.
  • Be a strong business partner in setting direction on Purchasing and Spending for Global Sourcing (plant, area, supply chain, business, planning, logistics) in conjunction with and to support the needs of the Global Supply Chain operations.
  • Develop and drive end-to-end (E2E) processes, analyses, and tools to standardize reporting to support Global Supply Chain Sourcing execution, tracking and mitigation plans.
  • Build and enhance market intelligence to communicate and drive understanding of external sourcing market dynamics and expected impact on internal operations.
  • Increase visibility/analysis of the sourcing spend drivers with active participation in the operating rhythm and collaboration with functional and business teams to ensure alignment and understanding.
  • Develop understanding of impacts to sourcing spend driven by sales volume, demand planning and supply planning dynamics.
  • Actively drive cost savings for sourcing category by identifying/analyzing options, validating cost savings and supporting execution.
  • Ensure weekly, monthly and quarterly reporting of global category spend and drivers including volume, purchasing categories, and translating sourcing savings to financial statement impact.
  • Build the needed capabilities to forecast sourcing spend.
  • Lead weekly, monthly, quarterly, and annual processes to support weekly rhythms/updates, month end close activities, QORs/MREs, Annual Operating Plans and Strat Plans.
  • Standardize & automate sourcing spend reporting and financial statement impacts.
  • Support Source to Pay business transformation for ERP deployments.
  • Ensure compliance to financial standards related to sourcing.
Your Skills and Expertise
  • Bachelor's Degree or higher and Fifteen (15) years of experience working in finance organizations with key understanding of business unit and commercial processes and reporting in a private, public, government or military environment.
  • Five (5) years of experience of financial modeling and in a Sourcing Support Role for global organizations
  • Five (5) years of finance experience within a Manufacturing industry

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 . Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

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.

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