About this role
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 the Treasury Manager, Cash Performance & Liquidity, you will play a central role in helping Baxter improve free cash flow generation, working capital performance, liquidity management, cash forecasting, and banking effectiveness across a global organization. Supporting Treasury leadership, you will partner closely with Finance, Tax, FP&A, Procurement, Operations, Global Business Services, and business leaders to identify opportunities that strengthen Baxter's financial flexibility and cash performance. This role sits at the intersection of strategy, analytics, and execution.
You will help drive initiatives related to liquidity optimization, cash forecasting, banking modernization, treasury technology, and enterprise cash performance. The position offers broad exposure to senior leadership and enterprise-wide decision making while serving as a key resource supporting Treasury's most critical priorities. For someone who enjoys solving complex financial challenges, building analytical capabilities, influencing cross-functional stakeholders, and driving measurable business impact, this role provides a strong platform for growth and future leadership opportunities within Treasury and Finance.
This is a hybrid role based in Deerfield, IL. What you'll be doing Support Treasury's liquidity management strategy through cash concentration, funding structure, notional pooling, and cash mobilization initiatives. Develop and enhance cash forecasting capabilities, including 13-week cash forecasts, long-range liquidity planning, forecast variance analysis, and scenario modeling.
Create free cash flow, working capital, and liquidity analytics that improve visibility into enterprise cash drivers and performance. Partner with Treasury, FP&A, Operations, Procurement, and business finance teams to identify and execute opportunities that improve cash generation and working capital performance. Develop executive dashboards, management reporting, KPIs, and analytical tools that support Treasury leadership decision making.
Support global banking initiatives, including account rationalization, relationship management, banking structure optimization, fee analysis, and RFP activities. Drive process improvement and standardization efforts across Treasury operations, banking activities, forecasting processes, and cash management practices. Support Treasury technology initiatives, including Kyriba optimization, system integrations, automation opportunities, and reporting enhancements.
What you'll bring Bachelor's degree in Finance, Accounting, Economics, Business, or a related field; MBA, CFA, CTP, CPA, or similar professional credential preferred. 5+ years of experience in Treasury, Corporate Finance, FP&A, Banking, Consulting, or a related finance function. Experience supporting cash forecasting, liquidity management, working capital improvement, banking strategy, or Treasury analytics initiatives.
Strong financial modeling, analytical, and problem-solving skills with the ability to translate complex data into actionable recommendations. Excellent communication and presentation skills with the ability to influence stakeholders across functions and levels of the organization. Experience working with Treasury Management Systems, ERP platforms, business intelligence tools, or data analytics solutions; Kyriba experience preferred.
Strong project management and organizational skills with the ability to manage multiple priorities in a dynamic environment. Demonstrated ability to lead cross-functional process improvement initiatives involving Finance, Treasury, IT, banking partners, shared services teams, and other business stakeholders. 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 $112,000 - $154,000. 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. Know Your Rights: Workplace Discrimination is Illegal 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 .