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Vendor Master Data Analyst

Req #: JR - 129262 Location: Kuala Lumpur, Kuala Lumpur, Malaysia Job Category: Finance Date posted: 03/07/2024

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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Vendor Master Data Analyst

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.

Role Summary

Responsible for oversight, management, and accuracy of the company’s global vendor records. Accountable for the global vendor master data environment, ensuring all creation, change and deactivation activities performed are authorized, accurate and complete. This role will contribute to and implement Baxter’s global vendor master data strategy, standards, and improvement plans. They will work in collaboration with the Global Process Owners, Procurement, IT, and the Business to align priorities and implement vendor master data improvements. This role will be responsible for 1099 process and all vendor related tax reporting globally.

Key Responsibilities

  • Accountable for the global vendor master data environment, and activities associated with Vendor Master creation, changes and deactivations are performed according to Baxter’s established standards
  • Support implementation of Baxter’s global vendor master data strategy, standards, and improvement plans
  • Assists with external and internal controls for Vendor Master Data and adherence to SOX control compliance
  • Supports the transition of countries / sites into Baxter Business Services
  • Review and propose changes to Vendor Master data policies and procedures as dictated by market and company changes and/or industry, in addition to changes in personnel, department practices and systems
  • Identify and present solutions for continuous process improvement

Requirements

  • This position requires detailed understanding of Procure to Pay (P2P) processes, systems, and policies
  • Expert in best practice master data management strategies and tactics including organization, governance, processes, policies, and technologies
  • Experience in global governmental tax reporting requirements for vendors • Ability to operate independently and in collaboration with other upstream / downstream stakeholders / functional teams
  • Excellent communication skills, ability to engage effectively with stakeholders from across the organization, promoting continuous improvement and process standards
  • Understands change management and assists internal customers providing guidance and training with regards to Vendor Master Data processes
  • Highly organized with the ability to plan, assign, direct, manage and perform work as required
  • Ability to assess risk and define / apply operational quality standards / controls
  • Provide data and root cause analysis to support continuous process improvement
  • Excellent knowledge of financial systems
  • Strong analytical skills and business acumen

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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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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