Cost Productivity Specialist

About the role

The Cost Productivity Specialist supports enterprise transformation initiatives through financial governance, forecasting, planning, and analytics. The position partners closely with FP&A, Controllership, HR, External Reporting, and Project Management Office (PMO) teams to ensure accurate tracking and reporting of transformation related costs, savings, cash impacts, and balance sheet activity.

Responsibilities

• Tap into curiosity and collaborate with innovative 3Mers around the world.
• Lead key governance activities related to transformation financials, including quarterly balance sheet reviews with Controllership and preparation of monthly CEO approval materials.
• Partner with the external reporting team to ensure proper documentation and representation of restructuring results in published financials.
• Consolidate transformation related inputs across monthly close, forecast, strategic plan, and operating plan cycles.
• Support accurate representation of transformation related results in internal reporting and published financials and communicate updates to senior leadership.
• Partner with PMO teams and cross-functional stakeholders to validate estimates, pressure test assumptions, and provide central Finance guidance on standard transformation assumptions.
• Collaborate with Controllership, HR, External Reporting, FP&A, and PMO teams to align on expected financial impacts and tracking of execution of initiatives.
• Lead short- and long-term financial modeling for transformation initiatives, including cost, savings, cash flow, balance sheet, and stranded cost impacts.
• Owning central stranded cost model and perform other ad-hoc FP&A analysis as needed.

Requirements

• Bachelor’s degree or higher (completed and verified prior to start).
• Seven (7) years of Finance or Accounting experience in a private, public, government or military environment.
• Master’s degree in Finance, Accounting, Business Administration, Economics, or a related field from an accredited institution (preferred).
• Experience supporting financial planning and reporting cycles.
• Strong financial modeling and analytical skills across the P&L, balance sheet, cash flow statement.
• Strong communication skills, including the ability to prepare clear, leadership-ready materials.
• Strong attention to detail, organizational skills, and ability to manage multiple priorities in a dynamic environment.

Qualifications

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

Benefits

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 $145,676 - $178,049, 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.
Additional information is available at: https://www.3m.com/3M/en_US/careers-us/working-at-3m/benefits/

Pay & Benefits Overview

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

Equal Opportunity Employer

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.