About Solventum
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.
In 3M, 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. At Solventum, we continue that commitment.
Job Description
Transaction Specialist – IT Mergers & Acquisitions, Finance. Supporting IT execution during acquisition and divestiture transactions.
Impact You’ll Make in this Role
- Support 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.
- Support 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.
- Partner 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.
- Drive 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.
- Support 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.
Location and Travel
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. Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.