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Head of Global Finance Operations

Req #: JR - 135133 Location: Deerfield, Illinois, United States Job Category: Finance Date posted: 05/08/2024

Overview

This is where your insights influence change. As a member of the Baxter Finance team, you have the critical thinking and analytical mindset that allows you to translate data into meaningful, actionable insights that help teams learn and adapt along the way. We guide our internal partners to understand financial opportunities or realities that move Baxter forward and closer to our mission to save and sustain lives. While you often work independently with your cross-functional team, you always have the greater finance organization to lean on for support and career mentoring.

  • Support for Parents

  • Continuing Education/
    Professional Development

  • Employee Health &
    Well-Being Benefits

  • Paid Time Off

  • 2 Days a Year to Volunteer

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Success Profile

What makes a successful Finance team member at Baxter? Take a look at some of the top traits we’re looking for and see if you’re a fit.

  • Adaptable
  • Analytical
  • Detail-oriented
  • Easygoing
  • Results-driven
  • Team player

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Head of Global Finance Operations

Vantive: A New Company Built On Our Legacy

Baxter is on a journey to separate our ~$5B Kidney Care segment into a standalone company. Vantive* will build on our nearly 70-year legacy in acute therapies and home and in-center dialysis to provide best-in-class care to the people we serve. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us.

At Vantive, you will become part of a community of people who are focused, courageous and don’t settle for the mediocre. Each of us are driven to help improve patients’ lives worldwide. Join us as we revolutionize kidney care and other vital organ support.

*Completion of the proposed separation of Kidney Care from Baxter into a standalone company (to be named Vantive) remains subject to the satisfaction of customary conditions.

Head of Global Finance Operations

This position reports directly into the VP, Controller and will be responsible for the oversight of key global functions in Vantive’s shared service centers in San Jose, Costa Rica; Warsaw, Poland; and Kuala Lumpur, Malaysia. The role will have direct oversight of our global accounts payable function, global credit and collection function, and T&E teams and will be responsible for operational excellence and continuous improvement as Vantive moves to being a stand-alone organization. The position is expected to be based in Deerfield, IL or in proximity to the business service centers.  Ths areas. The individual in this role will partner closely with other leaders in our Finance, Procurement, and Information Technology teams. The finance operations team is comprised of approximately 170 individuals primarily located in the business service centers along with retained local country resources supporting the finance operation.

Essential Duties and Responsibilities:

1) Administer the operations of shared service centers including a relentless focus on continuous learning and support to the local site leads

2) Lead the operations of global accounts payable function, including relationship management with an outsourced service provider, including managing the global time and expense organization

3) Lead the operations of global credit and collections teams and provide financial oversight to accounts receivable balance 

4) Bring forward and drive cost-savings initiatives and working capital (DPO and DSO) improvements, working cross-functionally with other leaders in finance and procurement

5) Drive compliance with internal controls performed by operational finance functions with a focus on continuous improvement

6) Build strong teams through motivation, direction, holding individuals accountable and providing challenging work

Key Responsibilities:

  • Experience driving process reengineering and automation initiatives
  • Flexibility for international travel (when public health conditions indicate that such travel can be undertaken safely)
  • Proven ability to work effectively under pressure & meet deadlines
  • Proven leadership in a global team setting, including effective management and motivational skills
  • Strong business acumen and judgment as well as understanding of relevant business environment
  • Ability to effectively influence and drive consensus with diverse stakeholders; demonstrated ability to manage multiple, competing priorities
  • Strong negotiation, interpersonal communication, collaboration, and presentation skills
  • Skilled at assembling and managing both ongoing staff as well as cross-functional teams as required
  • Decisive leadership, with ability to generate ideas, develop alternatives, rapidly decide upon best course of action and drive implementation of that decision
  • Strong coaching skills and effective at developing talent

Key Finance Competencies

  • Business Process and Data Management
  • Accounts payable and accounts receivable
  • Internal Controls
  • Financial Analysis

Required Qualifications:

  • BA/BS in finance / accounting is required
  • MBA, CPA, and/or Six Sigma Certification is strongly desirable
  • Demonstration of key finance competencies and qualifications and typically 12 or more years of experience.
  • Experience leading an operational finance function that includes international teams is desirable

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $176,000 to $264,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses and long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.

Equal Employment Opportunity

Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

EEO is the Law 
EEO is the law - Poster Supplement
Pay Transparency Policy

Reasonable Accommodations

Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.

Recruitment Fraud Notice

Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice.

135133

Hear from Our Employees

Our company is enriched by a diverse population of individuals in more than 100 countries that work to solve, innovate, manufacture and drive better healthcare options for patients around the world.

Meet Monica Weber, Senior Analyst, Finance, Singapore

“Though Finance is often referred to as a support function, I find finance to be a critical aspect of Baxter operations. The finance community is one of the most connected across the globe and, from my experience, highly regarded among business partners. Every project I support or initiative I'm involved in I try to look at the total Baxter picture and understand how it relates to the business and patients. Having that level of insight behind my work drives motivation.”

Meet Serge Vandermotten, COE Controller, Benelux

“My job has always fascinated me at Baxter. After 33 years of service, this is where I want to continue my career. I have stayed because it is a large company grounded in sound ethics and provides countless opportunities for development and innovation. It is a company that lives, progresses, and constantly develops with time. I have great pleasure in forming professional relationships with my colleagues as we learn from each other’s experiences.”

Meet Joselyn Alvarez, Senior Analyst, Costa Rica

“It is impossible to be a part of Baxter and not learn and grow. I've had the opportunity to learn valuable skills from coworkers and enjoy the relationships we have built as professionals. As a global company, Baxter always looks towards automation and improvement. I know that my work helps us be more efficient and precise in ensuring that our products are consistently available to patients.”

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