Manager, EMEA Finance Treasury

at  Baxter

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.

KidneyCo is a proposed Baxter spin-off, into an independent, publicly traded company with anticipated completion in July 2024.

YOUR ROLE AT BAXTER

This is where your insights inspire change!
As a Manager of Treasury Operations at Baxter, you will have the exciting opportunity to collaborate with both our internal team and the teams we support. Your expertise and insights will be crucial in supporting our operations and achieving our goals within the finance organization.
With your adaptable nature and friendly approach to work, you will thrive in diverse situations and be able to navigate various challenges quickly. You can count on the support of your colleagues and business unit leaders as you continue to develop and expand your professional skills at Baxter.
This role entails daily managing global intercompany loans and deposits, ensuring smooth operations and accurate record-keeping. Additionally, the incumbent will handle the day-to-day operations related to processing and settling Treasury transactions, using the global netting and Treasury systems.
In addition to these responsibilities, this role will actively engage in various process-related activities, including documentation, review, redesign, and optimization.
This proactive approach will contribute to streamlining operations and achieving greater efficiency in Treasury processes.

WHAT YOU’LL BE DOING

• Manage the intercompany loan agreement processes, which include limit checking, issuance, review, compliance, etc.
• Manage the intercompany netting process from a Treasury perspective by setting up new participants as needed, setting the annual calendar, and working with the cash team to ensure Treasury netting movements and settlements are performed efficiently.
• Work with department lead to ensure intercompany loan and netting-related transactions are recorded in the Treasury system in a timely, efficient manner and aligned with policy.
• Ensure all intercompany loan and Treasury netting processes fully align with Finance policies and goals.
• Support companywide requirements such as audit inquiries (country and Tax based) and corporate inquiries, especially ones that pertain to loans and netting.
• Ensure reporting is delivered promptly.
• Support the EMEA cash management team as needed (e.g. during busy periods/outages).
• Ensure all processes and procedures are fully detailed and current.

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