Senior Accountant Equity and Post-Retirement Benefits
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 : 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 company's 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 Solventum's 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 reportingCoordinate 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 entriesPrepare 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 benefitsLead the preparation of audited annual benefit plan financial statements, Forms 5500, and Forms 990, working alongside the Benefits, Treasury, and Tax teamsStreamline accounting processes and procedures and build partnerships with internal departments and external service providersActively 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 projectsYour 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 AND seven (7) years of accounting experienceCertified Public Accountant (CPA) or Certified Management Accountant (CMA) certificationExperience with SEC reporting and SOX controlsKnowledge 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 skillsOrganized self-starterExperience working in SAP, OneStream, Workiva, Workday, Fidelity, and / or NexenExperience working with the Big 4 firmsExperience with employee benefit plan financial statements and Forms 5500