Senior Product Owner, Revenue Management

Baxter • Deerfield, IL

3d • Hybrid

About The Position

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. The Senior Product Owner, Revenue Management and Commercial Operations is responsible for the end‑to‑end ownership of revenue management technology capabilities that support Channel / Indirect Sales Operations, a core team within Baxter’s Commercial Excellence organization. The role is critical to ensuring accurate, compliant and scalable execution of pricing, contracting, rebates, chargebacks and gross‑to‑net processes. The position plays a critical role in safeguarding revenue integrity while enabling efficient and effective commercial execution. While the primary accountability is for revenue management, the role also requires flexibility and adaptability to contribute to other areas within the Commercial Technology domain as business priorities evolve. This includes supporting adjacent commercial capabilities, initiatives or platforms where additional expertise or capacity is required, while maintaining a strong focus on operational stability and compliance. The role acts as a trusted senior IT partner to Commercial Excellence, balancing deep domain expertise with the ability to apply commercial technology principles more broadly across the commercial landscape when needed.

Requirements

• Bachelor’s degree in IT, Business, Engineering or related field.
• 5+ years experience supporting revenue and margin management processes.
• Strong hands‑on experience with revenue management platforms (e.g. Model N or similar).
• Deep understanding of pricing, contracting, rebates, chargebacks and gross‑to‑net processes, particularly in indirect or channel‑based business models.
• Experience working in a public, regulated environment with SOX and audit requirements.
• Proven ability to translate complex commercial and operational requirements into robust system solutions.
• Experienced in Agile delivery.
• Strong business acumen within the med tech industry.
• Expertise in Agile delivery methods.
• High attention to detail with a focus on data accuracy and controls.
• Excellent analytical and problem‑solving skills.
• Ability to communicate effectively with senior stakeholders.
• Comfortable operating in a global, matrixed organization.
• 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.

Responsibilities

• Own and support Baxter’s revenue management solutions, with primary accountability for Channel Operations use cases.
• Ensure platforms reliably support pricing execution, customer entitlements/agreements, contract compliance, rebate and chargeback processing.
• Act as the IT subject‑matter expert for revenue management processes within Commercial Excellence.
• Partner closely with Channel Operations teams to understand operational needs and translate them into system solutions.
• Provide expert guidance on platform capabilities, limitations and optimisation opportunities.
• Support global and regional Channel Operations models while enabling standardisation and reuse.
• Lead the intake, prioritisation and delivery of enhancements related to revenue management capabilities.
• Balance delivery of new functionality with platform stability, data quality and operational performance.
• Drive continuous improvement initiatives to reduce manual effort, improve cycle times and minimise revenue leakage.
• Ensure revenue management platforms support SOX, audit, quality and regulatory requirements, including pricing and contract controls.
• Partner with Quality, Compliance and Internal Audit teams to support audits, inspections and validation activities.
• Identify and mitigate risks related to pricing accuracy, contract compliance and downstream revenue impact.
• Manage relationships with revenue management software vendors and implementation partners.
• Act as an escalation point for complex system, data or process issues impacting operations.
• Provide clear, concise communication to senior Commercial Excellence, Finance and IT stakeholders.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior