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Finance Analyst (New Health Care Company)

Bangalore Bangalore Karnataka, Karnataka, India
Competitive Salary
Closing date
Apr 21, 2024

View more

Job Role
Finance Data Analyst
Contract Type
Full Time
3M has a long-standing reputation as a company committed to innovation. We provide the freedom to explore and encourage curiosity and creativity. We gain new insight from diverse thinking, and take risks on new ideas. Here, you can apply your talent in bold ways that matter.


Financial Analyst (New Health Care Company)

3M is establishing two industry-leading companies, creating value through the spin-off of its Health Care business, while 3M will continue to be a global material science leader, focusing our innovation to win in favorable global megatrends and attractive end markets. This new Health Care Company will be a leading global diversified health technology company with:
  • Proven category leadership
  • Exposure to attractive end-markets
  • Innovation mindset driving improved patient outcomes
  • Collaborative customer relationships
  • Deep global regulatory experience
  • Operational excellence and strong cash flow
  • Strong sales growth and profitability with significant recurring sales

We expect the creation of the two companies will be completed by the end of the first quarter of 2024. We will continue to operate as one global company. This role is positioned to drive the success of the "New Health Care Company".

The Impact You'll Make in this Role

As a Finance 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:
  • Being responsible for the timely and accurate Accounts payable & receivable and reporting, under US GAAP and local Statutory Standards.
  • Ensuring strong internal controls in financial processes covering the local country team and Genpact
  • Full compliance with GFS, SOX, and local regulatory requirements
  • Maintaining uncompromising ethics and integrity, driving a compliance mindset

Key Responsibilities include:
  • Responsible for the accounting of local country Travel and Expenses.
  • Responsible for the accounting and maintaining the Accounts payable.
  • Responsible for the accounting and maintaining the Accounts receivable.
  • Responsible for local month-end closing activities and transmission.
  • Responsible for Balance Sheet reconciliation to ensure all outstanding items are current, addressing aged items appropriately.
  • Work closely with the Genpact team to assign activities and resolve gaps and challenges.
  • Strong collaboration with Finance cross stream functions, Treasury, Tax, Audit
  • Lead local projects to align with global processes and utilize standard reports and tools.
  • Ensure zero Primary and Repeat points from Internal audit in Controllers' function, and sustenance of the assigned Management Action Plans.

Your Skills and Expertise

To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
  • Bachelor's degree or higher in Accounting/Finance
  • 3 to 5 years of work experience in Accounts Payable & Receivable, Corporate Accounting & Reporting/Audit/Statutory Financial Closing
  • Proficient in MS Office Applications

Additional qualifications that could help you succeed even further in this role include:
  • Experience in collaboration with shared service centers and the interdependencies between cross functions
  • Knowledge of US GAAP, Local Statutory Financial Standards and Corporate Tax Regulations
  • Knowledge of Exact, MS Office Applications

For current employees, internal transfer restrictions may not apply. For more details, contact your local recruiter/HR team.


Bangalore, India
  • Currently Hybrid Eligible (Job Duties allow for some remote work but require travel to Bangalore office)

Must be legally authorized to work in 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.

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.

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