Manager, Internal Audit (Solventum)

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. 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:

Manager, Internal Audit

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

Solventum Internal Audit team is seeking a Manager to join a world class Internal Audit function at a global company. This is a unique opportunity to be a part of building a critical function within the Global Finance team. The ideal candidate will have proven experience with audit procedures, testing of financial reporting transactions, SOX requirements and related internal control process methodologies. They will also have the ambition to help support talent development and coaching of Internal Audit team members while also positively influencing the culture and perception of the Internal Audit team with internal and external stakeholders. 

As a Manager in Internal Audit, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. You will also learn details about the Solventum business while working with key leaders across our global footprint. The Solventum Internal Audit function has been specifically identified as a function to drive talent development and to serve as a “pipeline of finance talent” for the Global Finance team and other key functions. 

Here, you will make an impact by:

• Evaluating the design and operating effectiveness of processes/controls by providing an independent appraisal of controls over financial integrity and risk of fraud
• Supporting the development of control testing attributes and implementing risk-based testing strategies
• Overseeing SOX process/control and operational audit documentation, including process flows, risk and controls matrices, testing workpapers, issue listings, remediation plans and audit reports
• Acting as a final reviewer, ensuring high quality working papers to be relied upon by the Company’s external auditor
• Actively collaborating with the key business process stakeholders across all in-scope SOX processes to assess and improve our control environment and financial transaction processing
• Acting as a liaison with IT Audit counterparts to identify and test Key Reports and Automated Controls, and ensuring the sufficiency of IT General Controls for in-scope systems
• Participating in the annual risk assessment process and execution of our Internal Audit Plan that considers materiality, scoping and efforts to make processes and the internal control environment effective and efficient
• Working directly with process and control owners on remediation activities of identified process gaps or control deficiencies and period-end deficiency evaluations with the Company’s external auditor (if nec.)
• Preparing key internal and external stakeholders for the annual SOX cycle, including providing education and training
• Coordinating with external audit on timing, sampling, and control reliance
• Mentoring, training and building positive team environment for Internal Audit team members, including direct reports
• Fostering a culture of transparency, trust and continual improvement to reach optimal individual and organizational goals and performance
• Performing project management activities, including status reporting, resource planning, progress monitoring and workload prioritization
• Keeping abreast on the development of regulatory, industry and product developments through continuous monitoring and auditing

Your Skills and Expertise 

To set you up for success in this role from day one, Solventum requires (at a minimum) the following qualifications:

• Bachelor’s Degree or higher AND (seven) 7 years of accounting, finance, audit, SOX, and/or internal controls experience in a private, public, government or military environment

AND

In addition to the above requirements, the following are also required:

• Active certification in CPA, CISA, and/or CIA 
• Big 4 audit or internal controls experience 

Additional qualifications that could help you succeed even further in this role include:

• In-depth knowledge of US GAAP, COSO, PCAOB Auditing Standards, Sarbanes-Oxley, risk and controls standards, and business process best practices
• Demonstrated experience in understanding and evaluating internal control environments and using a risk-based approach to identify process that can be improved
• A background of performing and reporting audit activities and identifying value added remediation plans developed in collaboration with business process owners
• Proven experience in supporting the execution of an end-to-end SOX program and driving/supporting risk management initiatives of an enterprise-wide SOX program
• Detail-oriented with strong project management, analytical, critical thinking and problem-solving skills
• Excellent communication (verbal and written), collaboration, and presentation skills and the ability to concisely share constructive feedback
• Experience managing project work with tight deadlines and working in a fast-paced environment
• Demonstrated success in developing and executing against project plans
• Comfortable in both individual contributing roles and cross-functional team management roles
• Experience to manage and work with a remote team that is in both the US and international locations
• Naturally curious, eager to learn and not afraid of challenges
• Ability to quickly foster strong working relationships across the organization including the ability to interact with senior leaders across Solventum as well as members of the external audit team
• Ability to add value and work on special projects outside internal audit when the need arises

Work location: Remote - United States

Travel: May include up to 15% domestic/international
Relocation Assistance: May be Authorized

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 $160,284 - $195,903, 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.

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