Process Excellence Lead - Payments

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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 You'll Make in this Role

As a Process Excellence Lead, Payments 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:

How you will make an impact

• Serving as the global Payments process subject matter expert, driving process standardization, governance, continuous improvement, and best practices across payment operations within P2P.
• Owning global payment process standards, controls, documentation, and KPI frameworks, helping ensure accurate, timely, and controlled payment execution across regions and service delivery organizations.
• Partnering with Treasury, Accounts Payable, Finance, Procurement, IT, and banking partners to resolve complex payment issues, strengthen controls, and improve end-to-end payment performance.
• Leading payment process optimization and technology enablement, including payment automation, bank connectivity, payment methods, exception management, reconciliation, analytics, and straight-through processing.
• Supporting the Global P2P Process Owner in strengthening payment governance, operational performance, fraud prevention, compliance, and transformation, translating root causes and operational insights into sustainable process improvements.

Your 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 or higher AND 8 years experience in Payments, Accounts Payable, Procure-to-Pay, Treasury Operations, Finance Operations, and/ or Shared Services.

OR

• Highschool AND 12 years experience in Payments, Accounts Payable, Procure-to-Pay, Treasury Operations, Finance Operations, and/ or Shared Services.
  

Additional qualifications that could help you succeed even further in this role include:

• Experience supporting high-volume payment operations, including payment runs, payment files, bank interfaces, payment exceptions, rejected/returned payments, and reconciliation.
• Experience with ERP and payment technologies, including SAP or comparable enterprise platforms.
• Experience working within global shared services and/or business process outsourcing (BPO) operating models.
• Demonstrated experience in process governance, controls, root-cause analysis, and continuous improvement within a finance or P2P environment.
  8–10+ years of experience across Payments, Accounts Payable, Procure-to-Pay, Treasury Operations, or Shared Services in a large global organization.
• Experience with SAP payment processes, banking connectivity, payment formats, payment controls, and reconciliation.
• Experience improving payment accuracy, payment timeliness, automation, straight-through processing, exception management, and controls.
• Experience or certification using Lean, Six Sigma, Agile, or similar methodologies.
• Experience within healthcare, life sciences, medical device, MedTech, or adjacent industries.
  

Work location:

• Remote - USA

Travel: May include up to 10% domestic/international 

Relocation Assistance: May be authorized 

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 $125,600 - $172,700, 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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