Sr. Director, Finance (Division CFO) - CCS

Baxter International Inc.•Deerfield, IL

10d•$200,000 - $275,000•Hybrid

About The Position

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, mixed improvements, and cost optimization. Advance Operational Excellence: forecast vs. results accuracy, disciplined capital use, stronger portfolio performance, and improved execution.

Requirements

Bachelor’s degree in Accounting or Finance.
20+ years of experience in strategic finance and/or commercial role required.
General knowledge of GAAP accounting principles, tax and legal accounting
Deep experience with capital equipment + consumables + software business models.
Experience in connected‑device/cloud‑integrated ecosystems and cybersecurity‑impacted product lines.
Demonstrated turnaround, restructuring, or portfolio‑repositioning experience.
Exceptional business acumen and judgment as well as understanding of relevant business environments.
Strong negotiation, interpersonal communication, collaboration, and presentation skills.
Proven ability to manage multiple, competing priorities.
Track record of decisive leadership, with ability to generate ideas, develop alternatives, rapidly decide upon best course of action and drive implementation of that decision.
Strong executive presence with ability to influence/drive consensus cross‑functionally and with diverse stakeholders
Skilled at assembling and managing both direct as well as cross-functional teams as required.
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.

Nice To Haves

Professional certification such as CPA is a plus.
Public accounting or related large public company experience a plus.
Knowledge of acquisition accounting a plus
Prior senior finance leadership roles in medical devices, healthcare technology, or digital health are an asset.

Responsibilities

Act as a core member of the CCS Leadership Team, shaping portfolio strategy across Devices, CareComm, and Digital Health
Drive investment decisions balancing hardware, software, and platform-based growth opportunities
Provide financial leadership on build/partner/buy decisions in digital health and connected care ecosystems
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.
Provide forward-looking insights on market trends, M&A opportunities, and investment priorities
Accountable for stewarding the full P&L encompassing top-line growth, margin management, including manufacturing 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.
Optimize working capital for division
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.
Drive continuous improvement in financial systems, reporting automation and analytics capabilities
Serve as the primary strategic advisor to the CCS 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, financial planning, revenue recognition, and general cross-functional alignment.
Influence high complexity, cross-functional initiatives across commercial, R&D, engineering, manufacturing, and corporate teams.
Ensure strong internal controls, compliance and adherence to corporate financial policies, regulated device manufacturing and cybersecurity‑sensitive platforms.
Strengthen risk programs consistent with evolving global medical device industry standards.
Ensure compliance with accounting policies and controls, including SOX controls.
Timely completion of all internal and external audits requests, as well as timely remediation of any findings.
Build and lead a high-performing global finance organization across commercial, R&D and service functions
Develop talent that can operate at the intersection of finance, product and technology
Champion a culture of trust, respect, accountability, and empowerment with transparency, and analytical rigor.
Build and lead a global finance team capable of supporting a hybrid hardware‑plus‑software device portfolio across multiple channels and payment models
Partner with R&D / Digital teams → prioritize software and connected care investments
Partner with Commercial teams → enable integrated device + digital selling models
Partner with Service organizations → optimize lifecycle value and recurring revenue
Support expansion of CareComm and digital health into new markets and care settings

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