Plant Financial Analyst

3M; Maplewood (MN); On-site; USD 96,000 - 117,000; Full time

Job summary

3M in Minnesota is seeking a Plant Financial Analyst to provide financial insights, develop predictive analytics, and lead forecasting processes for the plant. You will coordinate with plant and business teams to prepare the annual Plan and Balance Sheet Operating Plan, and support month-end close with accurate forecasts.

The role requires a Bachelor’s degree plus six years in Finance/Accounting or manufacturing supply chain, with advanced Excel skills and strong communication.

Qualifications

• Bachelor’s degree or higher is required and must be completed prior to start.
• Six years of experience in Finance, Accounting, or manufacturing supply chain in a private, public, government, or military environment.

Responsibilities

• Provide financial insights and develop predictive analytics to support plant financial performance.
• Lead plant and business teams through the annual forecasting process and prepare the plant’s annual Plan and Balance Sheet.
• Prepare accurate weekly and monthly financial forecasts and support month-end close activities.
• Ensure compliance with 3M Global Financial Standards and GAAP requirements.
• Maintain accurate costing for current SKUs during the annual inventory revaluation and throughout the year as needed.
• Analyze ROI and drive improved returns on plant expenditures, including AFE initiatives.
• Provide financial support to other plants as needed.

Skills

Advanced Excel

Communication skills

Change agent

Education

Bachelor’s degree or higher

Tools

Excel

Job description

Job Description:

Plant Financial Analyst

Collaborate with Innovative 3Mers Around the World

Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.

This position provides an opportunity to transition from other private, public, government or military environments to a 3M career.

The Impact You’ll Make in this Role

As a Plant Financial Analyst, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative people around the world. Here, you will make an impact by:

• Providing financial insights and developing predictive analytics to support plant financial performance.
• Leading plant and business teams through the annual forecasting process, including preparation and submission of the plant’s annualP&Land Balance Sheet Operating Plan.
• Preparing accurate weekly and monthly financial forecasts, performing variance analysis, and supporting month-end close activities for the plant.
• Ensuring compliance with 3M Global Financial Standards and GAAP requirements.
• Maintaining accurate costing for current SKUs during the annual inventory revaluation process and throughout the year as needed.
• Analyzing financial return on investment and driving improved returns on plant expenditures, including AFE (Authorization for Expenditure) initiatives.
• Providing financial support to other plants, as assigned.

Your Skills and Expertise

To set you up for success in this role from day one, 3M is looking for candidates who must have the following qualifications:

• Bachelor’s degree or higher (completed and verified prior to start).
• Six (6) years of experience in Finance, or Accounting, or manufacturing supply chain in a private, public, government, or military environment.

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

• Possess an MBA, CMA, or CPA certification.
• Demonstrate the ability to act as a change agent.
• Strong written and verbal communication skills.
• Advanced knowledge of Excel.

Work location:

This role follows an on-site working model, requiring the employee to work at least four days a week at the Red Wing, MN Plant or 3M Center in Maplewood, MN.

Travel: May include up to 10% domestic

Relocation Assistance: Is not authorized

Must be legally authorized to work in the country of employment without sponsorship for employment visa status (e.g., H1B status)

Supporting Your Well-being

3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M 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 $95,591 - $116,834, 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.3m.com/3M/en_US/careers-us/working-at-3m/benefits/.

All US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M. This agreement lays out key terms on using 3M Confidential Information and Trade Secrets. It also has provisions discussing conflicts of interest and how inventions are assigned. Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.

Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.

Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.

Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.

Pay & Benefits Overview: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/

3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.