Sr Director, Finance; Division CFO - FLC

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.

• 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 and 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, and overall go‑to‑market channel optimization.
• Continuously monitor and optimize reimbursement frameworks, pricing architecture, discounting, and tender economics with direct, indirect, 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 modeling/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…