Global Process Lead - Internal Controls-SOX, General Ledger and Month-End Closin
Job Description:
Global Process Lead Assets and Project Accounting(Solventum)
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
Global Process Lead – Internal Controls-SOX, General Ledger, and Month-End Closing will oversee the design, implementation, and monitoring of internal controls-SOX within the company’s global financial systems. This role is responsible for ensuring compliance with regulations, optimizing financial reporting, and managing the accuracy and consistency of financial data across various systems while identifying risks and developing mitigation plans. Additionally, the role will oversee period-end close processes, collaborating with cross-functional teams across different regions to maintain a strong control environment across all financial processes and systems.
Key Responsibilities:
1. Internal Controls & Compliance:
- Lead ITGC and Sarbanes-Oxley (SOX) compliance efforts, coordinating with systems, and cross functional owners including business, internal and external auditors, and outside SOX consultants.
- Develop and maintain SOX documentation, including control descriptions, risk control matrices, and system diagrams.
- Continuously assess and enhance internal controls through data analysis, testing, and process standardization.
- Conduct risk assessments across global financial systems and processes to identify key financial risks and recommend mitigation strategies.
- Provide guidance on change management and system access controls to improve compliance and security.
2. General Ledger & Month-End Close:
- Develop and implement streamlined Month-End close processes to enhance the accuracy and efficiency of financial reporting.
- Oversee the review of trial balances, accruals, and transaction classifications to ensure accuracy and compliance with financial standards.
- Supervise daily financial activities and collaborate with Managed Services to ensure seamless transitions and consistent execution of accurate financial reporting functions.
3. Leadership & Continuous Improvement:
- Act as a subject matter expert for SOX compliance, internal and financial controls, and General Ledger and month-end close governance.
- Lead cross-functional teams to enhance internal and SOX controls through automation and process optimization.
- Drive continuous improvement in financial governance, leveraging technology and best practices to strengthen control environments.
- Review and enhance SOPs for tasks performed by the Shared Service Center to drive continuous improvement, ensure operational efficiency, and facilitate a smooth transition of work during employee attrition and turnover.
Qualifications
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 from an accredited institution, preferably in Finance or Accounting and (7) seven years' experience in private, public, government or military environment
OR
High School Diploma/GED from AND (11) eleven years' in a private, public, government or military environment
AND
(7) seven years of relevant work experience in public accounting firms (audit experience), with a focus on SOX compliance and/or corporate SOX experience in a global public company
In-depth experience with US GAAP and auditing principles
Experience with S4/Hana, Oracle, and Microsoft Dynamics
Additional qualifications that could help you succeed even further in this role include:
Strong project management experience with the ability to lead cross-functional teams in a global environment
Work location: Remote-United States
Travel: May include up to 15% domestic/international
Relocation Assistance: not authorized
Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status).
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-RewardsResponsibilities 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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Originally posted on Himalayas
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