Tax Planning Analyst

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum 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.

Job Description:

Tax Planning Analyst (Solventum)

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 member of Tax Planning team, you will work in a dynamic environment on various projects and workstreams as needed. You will implement new processes and procedures as identified by the team and stakeholders to ensure continuous improvements and adherence to evolving tax laws and regulations.

As a Tax Planning Analyst, 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:

• Advising Tax and other functions on FATCA, reportable transactions, charitable donations, Mandatory Disclosure Rules, legal entity management, and other tax issues as identified. If you are not familiar with each of these areas, bring a willingness to learn.
• Performing tax research and prepare FIN 48 and other tax memos and documentation.
• Providing tax support to Solventum internal functions for various projects (e.g., Legal, Insurance, Treasury, Payroll, Employee Benefits, Pension), including coordination of external advisors where necessary.
• Providing tax support for tax audits and litigation.
• Participating in opportunities for involvement in M&A, supply chain planning, and other projects as they arise.

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 from (completed and verified prior to start) from an accredited institution; and minimum of three (3) years of Corporate, U.S. Federal Tax experience in a private, public, government or military environment,

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

• Tax experience in a large, global company with a complex supply chain across multiple countries and regions, either internally or as an advisor.
• Focus on international tax or planning a plus.
• JD and/or CPA also a plus.
• Technical understanding of U.S., foreign, and multi-jurisdictional tax laws, regulations, and publications, or demonstrated ability to research.
• International tax and financial modeling experience is a strong plus, as is in-depth experience in tools such as MS-Excel, MS-Powerpoint and MS-Teams to create and share analytics which facilitate decision-making. Experience with SAP, Oracle, Alteryx, or other programs is also a plus.
• The right person for this job will be organized, with demonstrated ability to take ownership over simultaneous projects with competing deadlines, including recognizing the importance of documenting and archiving work product and ability to communicate and collaborate with supervisor to prioritize as necessary.
• Strong sense of initiative—a self-starter, who can work independently to perform key job functions but is not afraid to ask for help. The person who fills this role will have a great deal of responsibility for and control over daily work while also working with a team.
• Flexible to take on challenges and curiosity to learn different areas of Tax, while learning non-Tax needs and impacts. If you don’t have expertise in an area, bring a willingness to build that expertise with external or internal coaching to become the in-house expert.

Work location:

• Remote

Travel: May include up to 20% 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 $106,331 - $129,960, 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-Rewards

Responsibilities 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.

Solventum Global Terms of Use and Privacy Statement

Carefully read these Terms of Use before using this website. Your access to and use of this website and application for a job at Solventum are conditioned on your acceptance and compliance with these terms.

Please access the linked document by clicking here, select the country where you are applying for employment, and review. Before submitting your application you will be asked to confirm your agreement with the
terms.