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Senior Accountant Equity and Post-Retirement Benefits
Senior Accountant Equity and Post-Retirement BenefitsSolventum • Eden Prairie, MN, United States
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Senior Accountant Equity and Post-Retirement Benefits

Senior Accountant Equity and Post-Retirement Benefits

Solventum • Eden Prairie, MN, United States
1 day ago
Job type
  • Full-time
Job description

Thank you for your interest in joining Solventum. Solventum is a new healthcare company with a long legacy of solving big challenges that improve lives and help healthcare professionals perform at their best. At Solventum, people are at the heart of every innovation we pursue. Guided by empathy, insight, and clinical intelligence, we collaborate with the best minds in healthcare to address our customers toughest challenges. While we continue updating the Solventum Careers Page and applicant materials, some documents may still reflect legacy branding. Please note that all listed roles are Solventum positions, and our Privacy Policy : https : / / www.solventum.com / en-us / home / legal / website-privacy-statement / applicant-privacy / applies to any personal information you submit. 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 :

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 Youll Make in this Role

As a Senior Accountant Equity and Post-Retirement Benefits, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world. Here, you will make an impact by leading the Companys stock-based compensation and pension and post-retirement benefit accounting, including :

  • Applying expert knowledge and experience to solve complex and diverse accounting problems, develop and implement solutions to work processes, collaborate with management to determine priorities and timetables, proactively communicate project direction and status, handle non-routine inquiries where the solution is not immediately apparent, and act as a subject matter expert related to stock-based compensation and pension and post-retirement benefits accounting and financial reporting.

Your job responsibilities will include :

  • Collaborating with external service providers and Solventums stock administration team to produce monthly stock-based compensation journal entries, validate stock-based compensation data, review probability of awards vesting, and prepare quarterly account reconciliations to support accurate financial reporting
  • Coordinate global pension and post-retirement benefit accounting by collaborating with external service providers and internal Benefits, Treasury, and Global Controller teams to prepare annual and ad hoc pension remeasurements and timely submission of the related accounting journal entries
  • Prepare quarterly external financial reporting disclosures and monthly / quarterly / annual SOX controls related to stock-based compensation, basic and diluted shares, and pension and post-retirement benefits
  • Lead the preparation of audited annual benefit plan financial statements, Forms 5500, and Forms 990, working alongside the Benefits, Treasury, and Tax teams
  • Streamline accounting processes and procedures and build partnerships with internal departments and external service providers
  • Actively support other related processes including but not limited to : forecasting stock-based compensation expense, pension and post-retirement benefits expense, and share count; internal and external audits; technical accounting research and documentation; annual Proxy filing; ERP implementation; special projects
  • Your Skills and Expertise

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

  • Bachelors Degree AND seven (7) years of accounting experience
  • Certified Public Accountant (CPA) or Certified Management Accountant (CMA) certification
  • Experience with SEC reporting and SOX controls
  • Knowledge and experience in accounting or financial reporting related to stock-based compensation (ASC 718), pension and post-retirement benefits (ASC 715), or basic and diluted share count (ASC 260)
  • Additional qualifications that could help you succeed even further in this role include :

  • Strong leadership and communication skills
  • Organized self-starter
  • Experience working in SAP, OneStream, Workiva, Workday, Fidelity, and / or Nexen
  • Experience working with the Big 4 firms
  • Experience with employee benefit plan financial statements and Forms 5500
  • Applicable to US Applicants Only : The expected compensation range for this position is $137,439 - $167,981, 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 candidates 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.

    Solventum 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 Solventum are conditioned on your acceptance and compliance with these terms.

    Please access the linked document by clicking here, 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

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