3M India | Specialist-FP&A

Responsibilities

• We are seeking a motivated and detail-oriented Finance Analyst to join our Finance team, Bangalore.
• Initiative: Self-motivated with a proactive approach to learning and contributing to the team.
• In this role, you will work cross functionally to deliver insightful, actionable analytics and influential reporting packages to drive change and improved financial performance.
• Develop, consolidate and present insightful and robust qualitative and quantitative financial analysis.
• Collaborate with finance leaders to develop a standard catalogue of financial reports and key operational metrics.
• Prepare daily/weekly/monthly Sales reports highlighting key drivers, risks & opportunities, currency impact, global macros, and red target opportunities.
• Tracking Organic Sales Growth, Gross Margin, EBITDA conversion, etc.- GAAP and non-GAAP reporting.
• Monitor and analyse the daily Orders data; Prepare “Daily Order Forecast” report, track orders KPIs like Backlog, Takt time, etc.
• Track & report OPEX – R&D, SG&A cost; prepare variance analysis, Forecasting and Budging.
• Prepare periodic inventory reports, KPIs, dashboards, with focus on inventory forecasting, seasonality trends, Working/Non-working inventory, etc.
• Conduct in-depth analysis of AR, DSO, DIO, and Cash flow data, and to assist business in developing related month-end/quarter-end reports.
• Drive value-add change by assisting in simplifying processes, accelerating automation / digitization and enhancing analytics function.
• Partner across Corporate and Business Groups FP&A and regional teams to perform ad hoc requests.
• Produce weekly / Monthly / Quarterly and ad hoc reporting of financial results and drivers in FP&A – Orders, Sales, Gross Margin & OPEX; Build Forecasts & participate in Budgets

Requirements

• Experience: Minimum 2-4 Years of relevant FP&A work experience.
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in Power BI, Microsoft Excel and PowerPoint, familiarity with financial modelling and data analysis tools.
• Communication: Excellent verbal and written communication skills.
• Team Player: Ability to work collaboratively in a team environment and manage multiple tasks simultaneously.

3M Company

3M was founded on 13 June 1902 in Two Harbors, Minnesota, as the Minnesota Mining and Manufacturing Company, and took the name 3M Company in 2002. It moved its headquarters to 3M Center in Maplewood, a suburb of Saint Paul, in 1962. Its shares are listed on the New York Stock Exchange under the symbol MMM. The company makes a wide range of products, and its main businesses today are safety and industrial, transportation and electronics, and consumer goods; its health care business was spun off as Solventum in 2024. In India it operates through 3M India Limited, which is listed on the NSE and BSE and has its registered office in Bengaluru.

The finance openings are all in Bengaluru and are mostly mid to senior roles. They include treasury cash operations and a treasury SAP deployment lead (both asking for ten or more years), FP&A at associate specialist level, global transfer pricing, indirect tax (VAT and GST compliance) and corporate internal audit. Qualifications named are CA, CMA or an MBA in Finance for FP&A and treasury, a preference for CA in the audit role, and a finance, accounting or tax degree for the tax roles. Experience asked for runs from two to four years up to ten or more.

• Industry: Diversified manufacturing and technology: safety and industrial products, transportation and electronics, and consumer goods
• Headquarters: Maplewood, Minnesota, United States (listed on the NYSE as MMM)
• In India: 3M India Limited, listed on the NSE and BSE, with its registered office in Bengaluru, where the finance roles are based