Merger and Acquisition Manager

Solventum; Bengaluru; Hybrid; INR 3,000,000 - 4,500,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Solventum, formerly 3M Health Care, is seeking a Transaction Specialist for IT Mergers & Acquisitions, Finance. The role focuses on supporting acquisition and divestiture activities and developing financial plans and models across global IT initiatives.

You will partner with IT, Finance, Legal, and Procurement, manage budgets, and contribute to TSA planning and cost optimization throughout the transaction lifecycle.

Qualifications

• Master’s degree or Diploma in Business Administration, Information Technology, Strategy, Finance or a related discipline with at least 5 years in IT or IT Finance, including 2+ years in IT M&A activities.
• Alternatively, a Bachelor’s degree with at least 6 years in IT or IT Finance, including 3+ years in IT M&A activities.
• At least 4 years working with global IT organizations on complex technology programs and initiatives.
• Demonstrated ability to build financial models, run scenarios, forecast costs, and influence business decisions.

Responsibilities

• Support assigned IT M&A transaction workstreams with plans, timelines, risks, and financial reporting for acquisitions and divestitures.
• Assist IT due diligence, TSA delivery and exit activities; collaborate with IT functions to assess requirements and costs.
• Partner with IT, Finance, Procurement, Legal and stakeholders to validate estimates and ensure funding alignment.
• Lead financial strategy, forecasting and governance across transactions to ensure transparency and value realization.
• Drive continuous improvement of IT M&A financial management tools, processes and playbooks.

Skills

IT Finance

M&A experience

Financial modeling

Scenario analysis

Stakeholder management

Education

Master’s degree or Diploma in Business Administration, Information Technology, Strategy, Finance

Bachelor's Degree or higher

Tools

AI tools

Microsoft Power Platform

Smartsheet

Power BI

Job description

Transaction Specialist - IT Mergers & Acquisitions, Finance

Supporting IT execution during acquisition and divestiture transactions.

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 Transaction Finance Specialist in IT Mergers & Acquisitions, you will have the opportunity to collaborate with some of the most innovative and diverse people around the world leading acquisition and divestiture activities as part of the broader IT M&A organization at Solventum.

Here, you will make an impact by:

• Supporting assigned IT M&A transaction workstreams by developing plans, managing timelines, tracking dependencies, identifying risks, building and managing transaction budgets, forecasts, actuals, accruals, invoice tracking, settlement activities, and financial reporting for acquisitions, divestitures, integrations, separations, and TSAs
• Supporting IT due diligence, transaction planning, Transition Services Agreement (TSA) delivery, and TSA exit activities by partnering with IT functional teams to assess business requirements, and building financial models and analyses supporting one-time separation costs, ongoing run-rate costs, TSA pricing, recovery, stranded costs, synergy realization, transition investments, and value capture objectives throughout the transaction lifecycle
• Partnering with IT, Finance, IMO, Procurement, Legal, and business stakeholders to establish financial assumptions, validate cost estimates, manage financial governance processes, and ensure alignment between transaction objectives, operating plans, and funding requirements.
• Driving financial strategy, planning, forecasting, and governance activities across complex acquisitions, divestitures, integrations, separations, and TSA programs, ensuring financial transparency, cost control, funding alignment, and executive decision support throughout the transaction lifecycle including actual versus forecast performance, resource requirements, value realization opportunities associated with transaction activities
• Supporting continuous improvement of IT M&A financial management capabilities through refinement of acquisition and divestiture playbooks, financial tools, models, cost estimation methodology, governance, lessons learned, reporting mechanisms, and operational best practices to improve future transaction execution.

Your Skills and Expertise

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

• Master’s degree or Diploma in Business Administration, Information Technology, Strategy, Finance or a related discipline from a top tier institute and a minimum of 5 years of experience in IT or IT Finance including 2+ years supporting mergers, acquisitions, divestitures, integration, separation, or business transformation activities

OR

• Bachelor's Degree or higher from an accredited university or High School Diploma/GED from an accredited institution and a minimum of 6 years of experience in IT or IT Finance, including 3+ years supporting mergers, acquisitions, divestitures, integration, separation, or business transformation activities
• Minimum 4 years working with global IT organizations supporting complex technology programs, infrastructure, applications, cybersecurity, digital transformation, or enterprise technology initiatives as part of Transformation/Deal Management office
• Demonstrated ability to build financial models, perform scenario analysis, forecasts, evaluate risks, and provide recommendations supporting business and technology decisions.

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

• Experience supporting IT due diligence, Day 1 readiness, TSA planning, TSA execution, TSA exit, integration, separation, or carve-out activities in a Consulting firm or as part of M&A office or transformation office in an organization
• Understanding of technology cost management, financial planning, value realization, and business case development in M&A environments
• Strong understanding of transaction financial concepts including one-time costs, run-rate costs, stranded costs, synergy tracking, value realization, cost allocation methodologies, and business case development.
• Strong communication skills proven ability to influence stakeholders, facilitate cross-functional alignment, manage competing priorities, and drive execution in highly matrixed organizations.
• Familiarity with AI tools, Microsoft Power Platform, Smartsheet, Power BI, or similar collaboration and reporting technologies.

Work location:

• Hybrid

Travel:

May include up to 10%

Relocation Assistance:

Is not authorized.

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.

Diversity & Inclusion

(*) We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, gender, sexual orientation, age, civil status, disability, family status, or membership of the travelling community.