Job Description:
Business Finance Manager
Collaborate with Innovative 3Mers Around the World
Choosing where to start and grow your career has a major impact on your professional and personal life, so it's equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.
This position provides an opportunity to transition from other private, public, government or military experience to a 3M career.
The Impact You'll Make in this Role
As a Business Finance Manager, you will be able to work as a partner with the business to provide financial guidance and to be a direct link between USAC and the Global PP (Product Portfolios) leaders. Here, you will make an impact by:
Provide Financial counselling to the commercial and marketing organizations, focused on segments and Verticals, including all TEBG portfolios.
Deeply analyzing current and future Business situations and financial viability, and identifying risks and red flags.
Creating synergies and efficiencies in a high-performance Business Finance team.
Execution of pricing strategies across the division and sub-region to optimize margins and maintain us competitiveness in price corridors.
Improve sales effectiveness by leading the estimate process in a detailed and simplified manner and leveraging commercial effectiveness.
GM analysis, focused on Std Margin (price, volume, sales mix) and general knowledge of full GM (including plant productivity, spend, inventory penalties, such as NWI, scrap, and others).
Analysis and approval of commercial BIDs and negotiations, driving to effective decision making and policy accomplishment.
OP/QOR/MRE/Estimates Execution process and monthly rhythm of R&O (risks and opportunities) estimates.SG&A Expenses analysis, with details among Direct (headcounts), Indirect, fixed, and variable, and how they are connected with the sales..
Manage cash through Inventory (DIO) and Accounts Receivable (DSO) metrics.
Manage business review presentations to Top leadership
Your Skills and Expertise
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
Bachelor's Degree in Finance OR Economics OR Accounting OR Engineering OR Business Administration Management(completed and verified prior to start).
Seven (7) years of experience in Finance, Audit, Credit & Collections, Treasury, Controllers, or Tax in a private, public, government, or military environment.
Additional qualifications that could help you succeed even further in this role include:
Master's/MBA in Business or Finance
Advanced English communication skills.
Advanced Excel skills.
Financial Acumen & Empowerment to make decisions
Leadership & Influence skills
Transportation & Electronics sector experience
Work location:
On-site in Maplewood, MN, or London, Ontario, Canada, or at another 3M manufacturing or office site globally, at least 4 days per week
Travel: Up to 15%
Relocation Assistance: Not Authorized
Supporting Your Well-being
3M offers many programs to help you live your best life - both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.
Chat with Max
For assistance with searching through our current job openings or for more information about all things 3M, visit Max, our virtual recruiting assistant on 3M.com/careers.
All US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M. This agreement lays out key terms on using 3M Confidential Information and Trade Secrets. It also has provisions discussing conflicts of interest and how inventions are assigned. Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.
Learn more about 3M's creative solutions to the world's problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/
3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.
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.
3M Global Terms of Use and Privacy Statement
Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at 3M are conditioned on your acceptance and compliance with these terms.
Please access the linked document by clicking here (http://multimedia.3m.com/mws/media/1274940O/3m-jobs-country-data-privacy-statements-external.pdf) , select the country where you are applying for employment, and review. Before submitting your application, you will be asked to confirm your agreement with the terms.
At 3M we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.
3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.