Sr Financial Analyst, Cost Accounting

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.

Your role at Baxter

As the Sr Financial Analyst, Cost Accounting, you will advise and support the development and configuration of product cost structures resulting in:

• Accurate inventory valuation according to GAAP across all legal entities and multiple ERP platforms

• Structured management P/L’s for Commercial COGS, Operations and Allocations.

• Improved overall product cost capabilities

• Enabled accurate product margin visibility

Your team

We are in the midst of a ground-breaking journey, challenging the status-quo in various markets. With our global reach, you will have the opportunity to challenge on a best-in-class stage without the previous physical constraints. Our leaders are accessible, approachable, and genuinely interested in helping you achieve your goals. Together, we champion a collaborative and inclusive environment where you can define your own career path!

What you'll be doing

• Plan, prioritize and advise all the activities of the inventory valuation function

• Handle day to day operations of the existing inventory valuation function from management of current rates to monthly close and analysis

• Development and maintenance of standard costs, and handle reserves for inventory.

• Perform the monthly closing activities for inventory and functional support

• Proactive analysis of costs and communication of issues and opportunities to operations management for margin improvement

• Define policies and procedures for all inventory valuation activities

• Role expects to be able to coordinate cross functional resources and knowledge to achieve desired objective

• Regular interaction (weekly/daily) with the rest of the ISC finance leadership. This includes providing key feedback on processes, expertise on both cost accounting & Operations

• Role plays a role in product costing organization and expected to drive process excellence and helping to set direction for improvements in the function.

• Process the end-to-end view of product costing.

• Other duties may be assigned

What you'll bring

• Bachelor’s degree in a finance or accounting, CPA or equivalent a plus

• Minimum 3 years of experience in manufacturing and supply chain finance/accounting, as well as a thorough understanding and subject matter expertise of end-to-end process management and systems

• Experience in the application and usage of standard work across all processes

• Experience working across multiple manufacturing sites and finance partners

• Experience in working with a distributed team with varied strengths in a highly fluid matrix organization

• Adequate ERP & financial system knowledge

• Excellent communication, organization and interpersonal skills and highly motivated with a proven record of implementing change

• Ability to handle large amounts of data efficiently and time management to meet deadlines

• Capability to help implement the argument for change, by analyzing and demonstrating standard processes

• Lean or continuous process improvement experience is helpful

Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.

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