Sr Director, Finance (Division CFO) - FLC

This is where your work makes a difference.

At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.

Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.

Here, you will find more than just a job—you will find purpose and pride. 

Your Role at Baxter

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.

What you'll be doing

STRATEGIC LEADERSHIP & VALUE CREATION

• 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 [will] influence immediate as well as long‑term customer and distributor behaviors, and guide the business toward sustainable growth and profitability.

2. GROWTH ACCELERATION & COMMERCIAL FINANCE

• 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.

3. PROFITABILITY, COST OPTIMIZATION & OPERATIONS FINANCE

• 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.

FORECASTING & PERFORMANCE MANAGEMENT

• 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.

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