at Baxter Healthcare Corporation in Deerfield, Illinois, United States
Job Description
Vantive: A New Company Built On Our Legacy
Baxter is on a journey to separate our ~$5B Kidney Care segment into a standalone company. Vantive* will build on 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. We believe Vantive will not only build our leadership in the kidney care space, it will also offer meaningful work to those who join us.
At Vantive, you will become part of a community of people who are focused, courageous and don't settle for the mediocre. Each of us are driven to help improve patients' lives worldwide. Join us as we revolutionize kidney care and other vital organ support.
*Completion of the proposed separation of Kidney Care from Baxter into a standalone company (to be named Vantive) remains subject to the satisfaction of customary conditions.
Your Role at Baxter:
Coordinate International profit in inventory (PII) process across geographies and businesses. Ensure timely and high quality reporting. PII gap analysis aiming for short and long term issue resolutions. All regions, all businesses. Provide guidance on ad hoc business questions to ensure proper PII handling.
What You'll be Doing:
Perform as necessary accounting integrity checks and reconciliation as it relates to PII related accounts.
Review high level consistency on monthly profit allocation during month end close.
Provide help/training on global monthly PII reporting questions.
Coordinate the preparation, revision & submission of the European quarterly validation files, ensuring reconciliation with FCCS.
Provide help/training on quarterly validation reporting for other regions.
Ensure timely & correct submission of above-mentioned reporting.
Be vigilant of changes in systems/ teams/ entities to avoid PII issues.
Coordinate & control PII restatement at the beginning of a new year, result of changes in exchange rate, manufacturing costs and transfer prices.
Support Global Cost Expert team on global costing process (annual & daily) for ad hoc questions and strict follow up of Cost Change policy.
Control the impact of approved cost changes on the PII globally, ensure relevant adjustments are booked & reported.
Ensure proper set up of item master data so accounting flow is correct.
Secure level of accounting detail to allow utmost automation of PII reporting
Coordinate the different investigation efforts across the globe with relevant teams aiming to reduce PII gaps. (intercompany, inventory, costing)
Ensure corrective load-files are provided & corrective actions taken.
Share resolution updates with all stakeholders involved to avoid similar issues in the future.
Key contact to provide expertise on ad hoc questions and projects to ensure the design includes from the start correct PII handling.
For recurring issues ensure documentation / policy is written and shared with relevant teams.
Ensure up to date training material on PII input data from global PII reporting tools (JDE & sharepoint) is available.
Aim for better worldwide understanding on PII.
Provide regular and effective training to relevant teams / new team members responsible for different PII reporting and accounting entries for specific transactions (eg prospective/ retro active TP Adjustments, intercompany PPV booking on in transit, trade profit allocations calculations), newly designed reconciliation reports and use of PII investigation tools.
What You'll Bring:
Bachelor's Degree in Accounting or Finance
CPA required
5 plus years of relevant unrealized profit in inventory accounting experience
Previous management / supervisory experience is preferred
Ability to deal with ambiguity and to apply professional judgement
Strong knowledge of US GAAP and financial analysis, including understanding of internal control requirements and relevant business environments
Ability to balance multiple, competing priorities and to effectively escalate or resolve issues to meet deadlines
Process improvement and process innovation experience desired
Working knowledge of JDE and consolidation systems (ie. FCCS) preferred
Adaptable, self-starter with strong analytical skills and decision-making capabilities
Strong interpersonal, communication, and collaboration skills
Intermediate level knowledge of Microsoft Office (Excel, Word, PowerPoint)
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... For full info follow application link.
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
EEO is the Law
EEO is the law - Poster Supplement
Pay Transparency Policy
