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Mgr. I, Cost Accounting-Finance

Req #: JR - 068109 Location Heredia, Provincia de Heredia, Costa Rica Job Category: Finance Date Posted: 05/09/2022


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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Mgr. I, Cost Accounting-Finance

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.


As the Cost Accounting Manager, you will direct and support the development and configuration of product cost

structures resulting in:

• Accurate inventory valuation according to GAAP across all legal entities and SAP ERP platforms

• Structured management P/L’s for Commercial COGS, Operations and Allocations.

• Enhanced overall product cost capabilities

• Enabled accurate product margin visibility


· Plan, organize and direct all the activities of the inventory valuation function

· Manage day to day operations of the existing inventory valuation function from management of current

rates to monthly close and analysis

· Development and maintenance of standard costs

· Perform the monthly closing activities for inventory and functional support

· Proactive analysis of costs and communication of issues and opportunities to operations management for

margin improvement

· Define policies and procedures for all inventory valuation activities

· Manage reserves for inventory

· Role expects to be able to coordinate cross functional resources and knowledge to achieve desired


· Regular interaction (weekly/daily) with the rest of the Ops finance leadership. This includes providing key

feedback on processes, expertise on both cost accounting & Operations

· Role plays a key leadership role in Hillrom product costing organization and expected to drive process

excellence and helping to set direction for improvements in the function.

· Role is expected to possess the end to end view of product costing part of SAP. To be effective in the role,

it requires adequate SAP & financial system knowledge, operational and financial acumen to drive value

· Other duties may be assigned


· Bachelor’s degree in Accounting or a related field or local equivalent

· Minimum 8+ years of Finance & Accounting experience

· Strong analytical, problem solving, and computer skills (SAP, MS Office)


· Must be able to facilitate data driven decision making as the finance business partner · Active engagement at all times with respect to the Operations team; and partners with business leaders and the finance team · Supports effective strategic decision making and interacts with the Function/Business leaders and others as needed · Possesses subject matter expertise for area of responsibility · Action orientated and timely financial reporting is vital to success · Monitors adherence to approved budget · Analyzes, prepares and summarizes recommendations for financial plans and operating forecasts. · Teamwork · Good interpersonal relationships COMPETENCIES · Manages Ambiguity · Drives Results · Manages Complexity · Critical thinking · Customer/Patient Focus · Emotional Intelligence · Business Acumen · Strategic Mindset · Decision quality · Financial/Accounting Acumen and Controllership

Reasonable Accommodations

Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please send an e-mail to [email protected] 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.


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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