Senior Manager – Americas And Apac Cash Management

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, and 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.

Your Role at Baxter:

Join us as we revolutionize the treatment landscape and help improve patient lives worldwide.

Baxter plans to spin off our ~$5B Kidney Care segment into an independent, publicly traded company. The new standalone entity will leverage our nearly 70-year legacy in acute therapies and home and in-center dialysis to provide best-in-class care to the people we serve. With its own investment priorities and enhanced management focus, the company will be better positioned to pursue growth opportunities and invest in innovation. We will build on our leadership in the kidney care space, fueled by our steadfast focus on innovation, our passion for patients and their families, and our expertise in operational excellence.

This is where you can make an impact.

As a global company operating in 110 legal entities around the world, KidneyCo conducts banking activities with numerous global banking partners. This global Cash Management position is a foundational role for a Treasury career. This role is responsible for daily administering, moving, and tracking KidneyCo’s cash resources in the Americas and APAC regions. Understanding when and how money moves, confirming appropriate approvals, performing complex payment transactions, and ensuring that cash is in the right place at the right time, the Senior Manager plays a key role in Treasury’s broader responsibilities. This role exposes a finance professional to the many intricacies of how a corporation manages its global banking partners, service centers, and financial resources providing excellent preparation for a career in Treasury and corporate finance. This position works closely with colleagues across the Finance organization to optimize banking and Cash Management efficiency and reports directly to the Assistant Treasurer, Cash Management, and Treasury Operations.

What You'll be Doing:

• Perform the entire range of cash movement transactions and support the complete range of Treasury activities (in house bank, intercompany loan movements, netting activities, cash funding movements, foreign exchange conversion, etc.) as needed to meet operational needs.
• Become an expert in local entity liquidity forecasting to ensure the company properly positions cash around the region to meet obligations.
• Ensures daily Cash Management practices are consistent across regions and adhere to policies/procedures.
• Liaise with banks to invest and borrow as part of the daily Cash Management process and in line with corporate policies.
• Support both internal and external audit inquiries, cash repatriation, and dividends settlements.
• Assist with the optimization and transformation of bank account structure, driving automation and optimal banking efficiency.
• Monitor services, contracts, fees, and other banking arrangements for the Mexican bank accounts.
• Develop user skills and, over time, become a subject matter expert (SME) in the Kyriba Treasury Management System (TMS), which allows for 100% automation of bank reporting and A/P, A/R reconciliation.
• Work closely with global Treasury and Accounting counterparts as well as Shared Service Centers and Third-Party Service Providers.
• Manages 1-3 analysts who conduct daily cash processing (which includes reconciliation, payments/authorizations, pooling) for each region (5 analysts in total).
• Provides coverage when a regional analyst is out or unavailable.
• Provide recommendations to AT on continual improvement of Cash Management process, including ensuring that the best systems and tooling are in-place.

What You'll Bring:

• Bachelor’s degree in Accounting, Finance, or related field (or country equivalent).
• MBA, CPA, CFA, or CTP preferred.
• 7 plus years of relevant experience in finance (e.g., bank account or Cash Management, financial planning and analysis, accounting, Treasury Operations, finance decision support, etc.).
• Strong analytical skills, business acumen, judgment, and decision-making capabilities
• Trained in project management, change management, and lean principles to drive best practices.
• Ability to effectively influence and drive communication with diverse collaborators!
• Proven ability to own and manage multiple, competing priorities.
• Ability to assemble and work in a team-oriented environment, often cross-functionally.
• Strong data manipulation skills, including Excel or SQL.
• Self-starter, able to draw solid independent conclusions based on ambiguous information.
• Financial modeling expertise and good business understanding.
• High motivation and desire to learn quickly.

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 employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $128,000 to $176,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses and 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.