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Baxter Logo Baxter · Finance

Sr Director, Finance (Division CFO) - FLC

United States, Deerfield Employment contract 200000.00 - 275000.00 USD / Year · Job Posted May 04, 2026
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Job Description

This role requires a high-acuity strategic and operational finance leader with responsibility for accelerating the performance of a global, technology‑driven, clinically essential medical devices division of Baxter. This is a capital equipment, connected devices, digital platforms, and cloud-based workflow solutions business, requiring mastery of device economics, software-enabled recurring revenue, and enterprise data systems. The incumbent will provide broad commercial finance leadership driving strategy, margin expansion, cost & capital efficiency, portfolio optimization, digital transformation, and operational excellence to: • Enable Market‑Beating Growth: Growing share through differentiated product strategy, competitive insights, and pricing. • Embed Sustainable Profitability: structural margin gains, mix improvements, and cost optimization. • Advance Operational Excellence: forecast vs. results accuracy, disciplined capital use, stronger portfolio performance, and improved execution.

Job Responsibility

  • Enable Market‑Beating Growth: Growing share through differentiated product strategy, competitive insights, and pricing
  • Embed Sustainable Profitability: structural margin gains, mix improvements, and cost optimization
  • Advance Operational Excellence: forecast vs. results accuracy, disciplined capital use, stronger portfolio performance, and improved execution
  • Shape FLC’s multi‑year strategy across monitoring, connectivity, analytics, and workflow solutions
  • Understand procedure drivers and consolidate market models
  • Partner with the division president as well as other cross functional leaders to pressure-test strategic assumptions, shape long-range financial, product, go-to-market and payment model strategies
  • Drive portfolio strategy to grow high‑value modalities and rationalize underperforming areas
  • Develop market, competitive, and multi scenario financial models for long-horizon investments
  • Understand and anticipate how near‑term decisions influence immediate as well as long‑term customer and distributor behaviors, and guide the business toward sustainable growth and profitability
  • Accountable for stewarding the full P&L encompassing top-line growth, margin management, and financial planning cycles (e.g. AOP, rolling, LRP)
  • Strengthen commercial execution in long‑cycle capital equipment environments, indirect and direct channel management, overall go to market channel optimization
  • Continuously monitor and optimize reimbursement frameworks, pricing architecture, discounting, and tender economics with direct, indirect and Medicare/Medicaid and private insurer payment models
  • Benchmark against major competitors and integrate market insights into executive decision making to guide differentiation and increased value generation
  • Financial modeling for both organic and inorganic investments, including due diligence
  • Improve scalability, standardization, and lifecycle economics
  • Deliver gross‑margin expansion through COGS reduction, footprint optimization, and supply‑chain improvements
  • Closely monitor and manage sales, pricing, margin, credit management, and productivity funnels tied directly to P&L impact
  • Support multi-year capital heavy purchase cycles – drive improvement in tender economics, deal modelling/structuring, and customer financing scenarios
  • Drive working capital performance, including DSO, DPO, and inventory turns, with clear accountability, governance, and cross-functional execution
  • Serve as the primary strategic advisor to the FLC President and Baxter CFO, synthesizing complex clinical, operational, and financial signals into strategic insights/recommendations
  • Establish world‑class forecasting, scenario planning, and KPI dashboards
  • Build advanced driver-based forecasting models spanning capital, accessory, service, and cloud connected revenue streams
  • Manage financial mix, pricing, and margin performance with rigor
  • Reconcile financial systems with commercial operations to ensure accurate forecasting, revenue recognition, and general cross-functional alignment
  • Influence high complexity, cross-functional initiatives across commercial, R&D, engineering, manufacturing, and corporate teams
  • Ensure robust controls across regulated device manufacturing and cybersecurity‑sensitive platforms
  • Strengthen risk programs consistent with evolving global medical device industry standards
  • Ensure compliance with accounting policies and controls, including SOX controls
  • Timely completion of all internal and external audits requests, as well as timely remediation of any findings
  • Recruit, develop, and inspire high-performing talent/teams
  • Champion a culture of trust, respect, accountability, and empowerment with transparency, and analytical rigor
  • Build and lead a global finance team capable of supporting a hybrid hardware‑plus‑software device portfolio across multiple channels and payment models

Requirements

  • Bachelor's degree in Accounting or Finance
  • Professional certification such as CPA is a plus
  • 20+ years of experience in strategic finance and/or commercial role required
  • Public accounting or related large public company experience a plus
  • General knowledge of GAAP accounting principles, tax and legal accounting (Knowledge of acquisition accounting a plus)
  • Deep experience with capital equipment + consumables + software business models
  • Experience in connected‑device/cloud‑integrated ecosystems and cybersecurity‑impacted product lines
  • Prior senior finance leadership roles in medical devices, healthcare technology, or digital health are an asset
  • Demonstrated turnaround, restructuring, or portfolio‑repositioning experience
  • Exceptional business acumen and judgment as well as understanding of relevant business environments
  • Strong negotiation, interpersonal communication, collaboration, and presentation skills
  • Proven ability to lead multiple, competing priorities
  • Track record of decisive leadership, with ability to generate ideas, develop alternatives, rapidly decide upon best course of action and drive implementation of that decision
  • Strong executive presence with ability to influence/drive consensus cross‑functionally and with diverse stakeholders
  • Skilled at assembling and leading both direct as well as cross-functional teams as required
  • Applicants must be authorized to work for any employer in the U.S.
  • We are unable to sponsor or take over sponsorship of an employment visa at this time

Nice to have

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

What we offer

  • Support for Parents
  • Continuing Education/ Professional Development
  • Employee Heath & Well-Being Benefits
  • Paid Time Off
  • 2 Days a Year to Volunteer
  • medical and dental coverage that start on day one
  • insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
  • Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
  • 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
  • Flexible Spending Accounts
  • educational assistance programs
  • paid holidays
  • paid time off ranging from 20 to 35 days based on length of service
  • family and medical leaves of absence
  • paid parental leave
  • commuting benefits
  • Employee Discount Program
  • Employee Assistance Program (EAP)
  • childcare benefits
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