Business Analyst (Forecasting and Modeling) (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 Business 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. You will play a critical role in analyzing financial data, assessing performance, and providing insights to support key business decisions. Here, you will make an impact by:
- Develop financial models and forecasts, assessing the impact of various scenarios on business outcomes.
- Monitor industry trends, market changes, and economic indicators to provide insights and recommendations.
- Aid various teams in drawing insight from data and focus on business-facing analytics, predictive modeling, forecasting, and models.
- Prepare comprehensive reports/dashboards, highlighting key insights and recommendations for management.
- Conduct thorough research and analysis to support strategic decisions.
- Collaborate with various departments to gather relevant information and ensure accuracy in reporting.
Your Skills and Expertise
To set you up for success in this role from day one, 3M requires (at a minimum) the following qualifications:
- A Bachelor's Degree in Computer Science, Statistics, Finance, Accounting, Economics, Mathematics or Business Administration
AND
In addition to the above requirements, the 5 years of experience with the following are also required:
- Proficiency in data analysis and statistical techniques.
- Visualization tools, including Tableau and/or PowerBI
- Strong knowledge of Excel for financial analysis and reporting.
- Effective communication skills to present findings with the use of dashboards/PowerPoint and recommendations to stakeholders.
- R, Python, and SQL skills are required.
Additional qualifications that could help you succeed even further in this role include:
- Master's degree in Computer Science, Business, Finance, Accounting, Economics, Mathematics, or Statistics from an accredited institution
- Previous experience analyzing data in the healthcare/durable medical equipment industry
- Previous experience analyzing supply chain data
- Project management software experience, such as Jira.
For current employees, internal transfer restrictions may not apply. For more details, contact your local recruiter/HR team.
Work location:
- Remote
Travel: May include up to 10% domestic
Relocation Assistance: Is not 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
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 $103,233 - $126,174, 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/.
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
3M is an equal opportunity employer. 3M 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.
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