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SVP, Chief Accounting Officer & Controller

Req # JR - 147255 Location Deerfield, Illinois, United States Job Category Finance Date posted 12/13/2024
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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 Heath & Well-Being Benefits

  • Paid Time Off

  • 2 Days a Year to Volunteer

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

SVP, Chief Accounting Officer & Controller

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This is where you save and sustain lives

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients. 

Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.

Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work. 

Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission. 

Position Overview:

We are seeking an experienced and multifaceted Chief Accounting Officer (CAO) to own the accounting function. Reporting to the Chief Financial Officer (CFO), the CAO will be responsible for ensuring the integrity and accuracy of financial reporting, compliance with accounting standards and regulations, and driving continuous process improvement initiatives within the function.

What you'll be doing:

  • Manage the preparation and review of financial documents, including balance sheets, income statements, and cash flow statements, in accordance with GAAP and regulatory requirements specific to the healthcare industry.
  • Develop and implement accounting policies and procedures to ensure compliance with accounting standards and regulations in the healthcare industry, such as ASC 606 and 842.
  • Lead the monthly and quarterly accounting close process, including reviewing journal entries, account reconciliations, and financial reports, while ensuring deadlines are met.
  • Provide technical accounting expertise to the executive team and other collaborators on sophisticated accounting issues, such as revenue recognition, inventory accounting, and other areas as needed.
  • Oversee the external audit process, handle relationships with external auditors, and ensure compliance with all regulatory requirements.
  • Collaborate with the CFO and other leaders to develop and implement financial strategies and initiatives that align with the overall company goals and objectives.
  • Manage and lead the accounting team, provide mentorship, and foster a culture of continuous learning and development.
  • Lead the preparation and filing of all SEC reports, including Forms 10-K, 10-Q, 8-K, and other SEC filings as required.
  • Ensure the accuracy and completeness of all SEC filings and provide support for investor relations and other external communications.
  • Stay current changes in SEC regulations and accounting standards, ensuring the company’s compliance with new requirements.
  • Provide recommendations for operational improvements and automation of accounting functions to increase efficiency and effectiveness.

What you'll bring:

  • Bachelor's degree in accounting or finance; CPA certification required.
  • 10+ years of accounting and financial reporting experience, with a minimum of 5 years in a leadership role, preferably in the healthcare industry.
  • Strong technical accounting skills and knowledge of US GAAP and healthcare-specific accounting standards.
  • Excellent leadership and management skills with a proven track record of building and leading impactful teams.
  • Strong interpersonal skills with the ability to effectively communicate complex financial information to non-financial collaborators.
  • Experience with SOX compliance, SEC reporting, and working with external auditors.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.

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 our employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $444,000 - $492,000 USD annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses, and/or 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.

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.

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Address

Explore this location 1 Baxter Parkway
Deerfield, IL 60015
United States of America
Explore This Location

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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