Director: Ucan Pharmaceuticals 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.

Role Summary

This role will be responsible for the financial support for the combined US and Canada Pharmaceuticals business ($0.8B revenue). The US Pharmaceuticals P&L is the highest profitable division at Baxter and represents the largest growth engine over the next three years driven by significant new product launches of which the Finance lead will be a critical execution partner. The incumbent will report directly to the Vice President, Finance - Pharmaceuticals segment and serve as the CFO to the Vice President of the UCAN Pharmaceuticals business, with responsibility for directing all financial support including decision support, new product modeling, pricing analytics and strategy, FP&A processes as well as business partnership for execution of financial commitments from business growth and profitability to Cash Flow.

What will you be doing

• Direct the analysis and reporting of financial documents, explaining trends, variance to budget, forecast, and prior year for management reporting, with external market and financial analytics to support day-to-day commercial execution
• Provide proactive leadership for all operating forecast updates throughout the year as well as the annual operating plan and strategic plan
• Active financial management and leadership for significant pipeline of New Product and Business Development launch support over the next 2 - 3 years
• Partner with Marketing Analytics to develop Product Models capable of actively forecasting and leading the complex price/volume relationship across products within the Pharmaceutical Portfolio to maintain or expand profitability
• Implement initiatives to reduce revenue leakage across all US Baxter segments ($6B in revenue) including such high-risk areas as wholesaler chargebacks, product returns, partner rebates, and product royalties
• Finance lead for critical GPO, customer, tender, and vendor deal management analytics, modeling, and negotiations with partners
• Lead cross-functional team to improve Canadian compounding profitability as part of a Global initiative
• Liaison with Accounting CoE on new marketing models which may require unique accounting treatments
• Critical contact point for Baxter Investor Relations and assist in developing the external messaging for the US market.
• Represent Finance on special task forces, cross-divisional teams, working groups, including BD integration activities
• Understand relevant business risks, perform appropriate risk assessment, and recommend mitigation plans
• Drive compliance with internal controls, Generally Accepted Accounting Principles (GAAP), SEC requirements, and Baxter Financial Policies and Procedures for all related entities and operations
• Management of a strong, cross-region team of individuals with key focus on development and succession planning

What will you be doing:

• Bachelor's Degree in Accounting, Finance, or related field (or country equivalent).
• MBA/CPA preferred.
• Demonstration of key finance competencies and qualifications 12+ years of experience with proven ability to build and lead teams.
• Proven experience in the Pharmaceuticals industry, preferably in a leadership role
• Strong eye for business and judgment as well as understanding of relevant business environment
• Ability to effectively influence and drive consensus with diverse team members; proven ability to manage multiple, competing priorities
• Strong negotiation, interpersonal communication, collaboration, and presentation skills
• Knowledge of GAAP accounting principles, tax, and legal accounting (Knowledge of acquisition accounting a plus)
• Skilled at assembling and managing both ongoing staff, Finance shared service center resources, as well as cross-functional teams as required
• Decisive leadership, with ability to generate ideas, develop alternatives, rapidly decide upon the best course of action, and drive implementation of that decision
• Travel upto 25%

Key Finance Proficiencies

• Business Performance Management
• Financial Analysis and Decision Support
• Business Process and Data Management
• Strong interpersonal skills with ability to thrive in changing environments
• Willingness to challenge the status quo
• Uncompromising dedication to quality and personal accountability for results and integrity
• Risk Management

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all our employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $176,000 - $264,000 USD annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses, and/or long-term incentive. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.

For further information, and to apply, please visit our website via the “Apply” button below.