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Finance Director – Strategic Sourcing – Enterprise Supply Chain
| Company | 3M |
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| Location | Woodbury, MN, USA |
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| Salary | $228040 – $278715 |
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| Type | Full-Time |
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| Degrees | Bachelor’s |
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| Experience Level | Expert or higher |
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Requirements
- Bachelor’s degree or higher (completed and verified prior to start)
- Fifteen (15) years of finance and/or accounting experience in a private, public, government or military environment
Responsibilities
- Provide financial leadership in establishing and reporting on procurement net savings for direct materials, 3rd party manufacturing, indirect, capital, and energy addressable spend base of $10-12B for 3M Company through the Strategic Plan, Operating Plan, MRE, and month end reporting to executive leadership
- Interact with extended Enterprise Supply Chain Functions, Business Groups, Division, Plants to cascade procurement net savings targets and communicate/explain results
- Ensure governance and standardization of procurement net savings calculation methodology and validation of YOY net savings
- Drive continuous improvement in understanding of procurement YOY net savings tracing to the financial statements as to where and when savings are realized
- Develop understanding and expertise of global markets and indexes relevant to procurement spend and the impact to 3M Company
- Develop plan for Global Procurement organization operating expense and headcount to ensure spend is within budget and drive spend productivity
- Provide guidance and expertise in accounting for supplier rebates, credits, 3rd party manufacturing requirements, etc
- Ensure financial ethics and compliance in procurement operations
- Lead and develop a team of finance professionals supporting Global Procurement
Preferred Qualifications
- Experience in leading and working with cross-functional team with strong ability to influence
- Ability to work collaboratively in a fast-paced, dynamic environment
- Detail-oriented with a high level of accuracy
- Strong understanding of financial principles, budgeting, forecasting, and financial modeling
- Excellent analytical and problem-solving skills
- Strong communication and presentation skills
- Experience in process improvement and implementing best practices within a finance function
- Proven ability to manage multiple priorities and meet deadlines
