Director, External Reporting & Technical Accounting
Location:
Deerfield , Illinois
Posted:
September 23, 2017
Reference:
170002ON
Director, External Reporting & Technical Accounting
Baxter International
Deerfield, IL

About Baxter


Baxter provides a broad portfolio of essential renal and hospital products, including home, acute and in-center dialysis; sterile IV solutions; infusion systems and devices; parenteral nutrition; surgery products and anesthetics; and pharmacy automation, software and services.

The company's global footprint and the critical nature of its products and services play a key role in expanding access to healthcare in emerging and developed countries.

Baxter's employees worldwide are building upon the company's rich heritage of medical breakthroughs to advance the next generation of healthcare innovations that enable patient care.

Position Overview
  • This key role manages Baxter's external reporting process and is responsible for the preparation of Baxter's Annual Report and SEC filings.
  • Provides excellent exposure to the financial performance of Baxter and each of its businesses, and includes close interaction with Baxter Finance personnel at all levels in the organization and in all regions of the world.
  • Ongoing communication with business unit managers and Investor Relations, Legal, Tax, BAS (shared service center), Global Planning and PricewaterhouseCoopers.
  • Reports to the Assistant Controller and supervises a team of two managers and three senior financial analysts.


    Critical Responsibilities


  • Manage the preparation of the Annual Report and 10-Ks, 10-Qs and other SEC filings
  • Monitor GAAP and SEC developments and lead the adoption of new accounting and disclosure rules. Work closely with external auditors.
  • Support Investor Relations and senior management in preparing for quarterly earnings releases and responding to investor and stock analyst inquiries
  • Oversee the pension and stock compensation accounting functions
  • Provide structuring assistance, accounting and policy counsel on a global basis with respect to Baxter's significant, unusual and complex transactions and events in a variety of areas, including revenue recognition, acquisitions, divestitures, R&D collaborations and other alliances, asset impairment reviews, contingencies, stock compensation plans, financial statement classifications, and other areas
  • Coordinate and be integrally involved in managing the global relationship with the outside actuary, the determination of pension assumptions, and other global pension plan-related matters
  • Prepare various presentations for the Board of Directors and Audit Committee
  • Maintain and update Baxter's Financial Policies and Procedures Manual
  • Provide formal and informal GAAP and policies training to Finance employees globally

    Specifically, this position is primarily involved in accounting research, reviews and consultations associated with Baxter's more significant and complex transactions. The position leads the adoption of significant and complex new accounting and disclosure standards. The position will also lead other significant projects, which vary based on Baxter's business transactions and priorities (e.g., acquisitions, divestitures, new policies, new types of transactions, training initiatives, benchmarking, revenue recognition, etc.).

    Qualifications

    Bachelor's degree in Accounting, Finance or related field (or country equivalent). CPA required, MBA preferred.

    -Demonstration of key finance competencies and qualifications and typically 12 or more years of experience, with minimum 7 years public accounting, Big 4 preferred.

    -Expert knowledge of GAAP accounting principles and SEC requirements.

    -Strong business acumen and judgment as well as understanding of relevant business environment.

    -Ability to effectively influence and drive consensus with diverse stakeholders; demonstrated ability to manage multiple, competing priorities.

    -Strong negotiation, interpersonal communication, collaboration, and presentation skills.

    -Skilled at assembling and managing both ongoing staff as well as cross-functional teams as required.

    -Decisive leadership, with ability to generate ideas, develop alternatives, rapidly decide upon best course of action and drive implementation of that decision.

    -Relevant industry experiences a strong plus.

    Key Finance Competencies:
    -Business Performance Management
    -Financial Analysis and Decision Support
    -Business Process and Data Management
    -Risk Management

    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

    Reasonable Accommodations
    Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please send an email to Corporate_Staffing_Deerfield@baxter.com or call 877-229-4748 (877-BaxHR4U) and let us know the nature of your request along with your contact information.

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  • A little about us:
    Our employees are connected by an enduring commitment to save and sustain lives. This higher purpose binds us in doing work that matters.

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