At Medtronic you can begin a life-long career of exploration and innovation, while helping champion healthcare access and equity for all. You’ll lead with purpose, breaking down barriers to innovation in a more connected, compassionate world.
A Day in the Life
MAIN PURPOSE OF JOB
Provides collections, coordination, and resolution of outstanding invoices from past due Hospitals, Commercial and Healthcare Consumer accounts.
MAIN JOB DUTIES/RESPONSIBILITIES
• Analyzes credit information to establish customers' credit limits permitting highest profitable sales consistent with reasonably minimum losses.
• Counsels and negotiates with customers to improve financial controls, suggests sources of working capital, and sets up special credit arrangements and payment schedules.
• Plans credit restriction and collection tactics for risky, slow pay, and sensitive accounts.
• May collect outstanding receivables in accordance with terms and conditions of sale.
• Responsible for reporting complaints and Adverse Drug Reactions (ADR)
• Responsible for all applicable credit management and collection activities for customers.
• Manage customer disputes, through FSCM and collate with Order Management Services and Customer Care to resolve
• Initiate 20-30 collections calls per day.
• Analyze and report on credit memo and write off activity.
• Weekly review of accounts and credit issues with manager.
• Prepares monthly report:
• Provide coverage for Credit & Collections
• Other credit related activities as assigned.
CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.
DIFFERENTIATING FACTORS: Autonomy: Established and productive individual contributor. Works independently with general supervision on larger, moderately complex projects / assignments. Organizational Impact: Sets objectives for own job area to meet the objectives of projects and assignments. Contributes to the completion of project milestones. May have some involvement in cross functional assignments. Innovation and Complexity: Problems and issues faced are general and may require understanding of broader set of issues or other job areas but typically are not complex. Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area.
Communication and Influence: Communicates primarily and frequently with internal contacts. External interactions are less complex or problem solving in nature. Contacts others to share information, status, needs and issues in order to inform, gain input, and support decision-making. Leadership and Talent Mana
Leadership and Talent Management: May provide guidance and assistance to entry level professionals and / or employee in Support Career Stream.
Required Knowledge and Experience: Requires practical knowledge and demonstrated competence within job area typically obtained through advanced education combined with experience. Requires a Baccalaureate degree and minimum of 2 years of relevant experience, or advanced degree with 0 years of experience.
REQUIRED QUALIFICATIONS KNOWLEDGE/EDUCATION
• Bachelor’s degree, or; • Advanced degree
JOB EXPERIENCE
• Minimum of 2 years of relevant experience, with a bachelor’s degree, or;
• No minimum years of relevant experience, with an advanced degree.
SKILLS/COMPETENCIES
• Understanding of credit principles and methodologies
• Strong customer focus
• Relationship building
• Results Oriented
• High organizational ability
• Strong attention to detail and documentation.
• Effective communication skills French/English
DESIRED/PREFERRED QUALIFICATIONS
KNOWLEDGE/EDUCATION
• Business / Accounting Courses
• Enrolled in the CPP designation
• Accounting basics
JOB EXPERIENCE
• 2 years’ experience in credit coordination activities.
• 2 years’ experience with Consumers Collections.
• 2 Years’ experience working with Insurance carriers i.e.) understanding plan provisions, appeals processes
• 2 years’ experience with Windows, and Microsoft Excel (Intermediate) & Word (Intermediate)
SKILLS/COMPETENCIES
• Accounts Receivable module and distribution module
• Excel
• Bilingual in French
PHYSICAL JOB REQUIREMENTS
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
Benefits & Compensation
Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
About Medtronic
We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people.
We are engineers at heart— putting ambitious ideas to work to generate real solutions for real people. From the R&D lab, to the factory floor, to the conference room, every one of us experiments, creates, builds, improves and solves. We have the talent, diverse perspectives, and guts to engineer the extraordinary.
Learn more about our business, mission, and our commitment to diversity here