Senior Financial Analyst

This is where  your work makes a difference.

At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.

Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.

Here, you will find more than just a job—you will find purpose and pride. 

Your role at Baxter

As a Senior Financial Analyst within Baxter’s Corporate FP&A organization, you will play a highly visible role supporting two of the company’s most important priorities: global cash flow forecasting and capital investment governance. Reporting directly to a Senior Finance Manager, you will partner with finance leaders, operations teams, engineering, procurement, Treasury, and FP&A colleagues across the company to help drive better investment decisions and improve visibility into Baxter’s financial performance.

This role offers a unique opportunity to gain exposure to senior leadership, including the Corporate FP&A organization and enterprise capital governance processes. You will help evaluate major capital investments, analyze cash flow drivers across the business, and provide executive-level insights that influence strategic decision-making. Success in this role requires strong financial and accounting fundamentals, intellectual curiosity, and the ability to navigate complex data and systems to find meaningful answers.

This is a hybrid role based in Deerfield, IL.

What you'll be doing

• Support the development, consolidation, and reporting of Baxter’s global cash flow forecasts, partnering with Treasury, FP&A, and finance teams across the organization.
• Analyze cash flow and balance sheet drivers, identify forecast variances, and provide actionable insights to improve forecasting accuracy and business decision-making.
• Evaluate capital investment opportunities through detailed financial analysis, including ROI, NPV, IRR, payback, sensitivity analysis, and risk assessments.
• Partner with project sponsors, engineering, operations, procurement, and finance teams to validate investment assumptions and monitor project performance throughout the investment lifecycle.
• Prepare executive-level analyses, reports, and presentations that support capital governance committees and senior leadership decision-making.
• Monitor capital spending, project approvals, forecast updates, and benefit realization to ensure compliance with established governance processes.
• Develop and maintain financial models, dashboards, and reporting tools that provide visibility into capital performance, cash flow trends, and key financial metrics.
• Drive process improvement and automation initiatives that enhance reporting transparency, forecasting accuracy, and overall financial efficiency.

What you'll bring

• Bachelor’s degree in Finance, Accounting, Economics, Engineering, or a related field.
• Strong understanding of financial statements, including cash flow, balance sheet, accrual accounting, and how transactions impact overall financial performance.
• Experience performing financial analysis, forecasting, budgeting, investment evaluation, or FP&A activities within a large, matrixed organization.
• Advanced analytical and problem-solving skills, including the ability to work through complex datasets and incomplete information to develop logical recommendations.
• Strong financial modeling skills with experience supporting business cases, capital investments, forecasting, or strategic planning initiatives.
• Excellent communication and presentation skills with the ability to translate complex financial information into clear business conclusions for leadership audiences.
• Experience partnering with multiple stakeholders and influencing decisions across finance, operations, engineering, procurement, or other cross-functional teams.
• Prior experience in public accounting, audit, corporate finance, cash flow forecasting, capital planning, or financial governance is preferred. Experience with JD Edwards, large ERP systems, Power BI, or automation tools is a plus.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a required minimum number of days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission. The flexible workplace policy is subject to local laws and legal requirements. At its discretion, Baxter may decide to adjust, suspend, or discontinue as business needs change.

We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $80,000-$110000. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position is also eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.

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.

US Benefits at Baxter (except for Puerto Rico)

This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site: Benefits | Baxter

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.

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.

Recruitment Fraud Notice

Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice .