Asset Management Specialist - End of Term (Remote) at Stryker

Lansing, Michigan, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Medical Devices, Healthcare, FinanceIndustries

Requirements

Bachelor’s Degree (or its global equivalent) from an accredited university in Accounting, Finance, Business, or related field
4+ years professional work experience (minimum)
Computer literacy: Microsoft Office products, Salesforce.com, SAP, Power BI
Advanced Microsoft Excel knowledge
Preferred: Lease asset management or equipment finance industry experience
Preferred: General accounting, reconciliation, finance, or related experience
Willingness to travel 10%

Responsibilities

Serve as the primary point of contact for Flex Regional Finance Managers, Divisional Sales Representatives, Customers, Lenders, and third-party servicing agent (Bank of the West) surrounding contract maturity and end-of-term activities
Coordinate the return of old equipment upon shipment of new equipment to avoid overlapping payments between the old and new agreements
Reconcile and provide contract termination instructions based on the action taken by the customer
Partner with divisional service departments and finance leaders to coordinate Stryker off-lease equipment repurchases
Send End of Term notices to Sales Team and Customer at 180, 150, and 90 days prior to contract end of term
Prepare and report out on End of Term metrics and performance
Coordinate and distribute future maturity reports to the sales team
Manage the creation and distribution of return authorizations
Provide a high level of customer service to both internal and external customers related to all aspects of lease administration items
Ensure communication, coordination, and reporting, and conduct necessary meetings, as a precondition for effective and efficient repossession of equipment

Skills

Lease Administration

Equipment Finance

Contract Reconciliation

Customer Service

Microsoft Office

Reporting

Asset Management

Finance Coordination

Stryker

Develops and manufactures medical devices and equipment

About Stryker

Stryker develops and manufactures medical devices and equipment aimed at improving patient care and surgical efficiency. Their products include surgical tools, neurotechnology devices, and orthopedic implants, which are sold directly to hospitals and clinics. Stryker stands out from competitors by focusing on high-quality products and a commitment to advancing healthcare solutions. The company's goal is to enhance the overall healthcare experience for both patients and medical professionals.

Kalamazoo, MichiganHeadquarters

1941Year Founded

$423.3MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Medical & prescription plans

Supplemental health benefits

Flexible Spending accounts

Employee Assistance Program

Short-term & long-term disability

Tuition reimbursement

401(k) plan

Employee Stock Purchase Plan

Risks

Integration challenges from acquisitions may strain Stryker's resources.

Rapid tech advancements risk obsolescence of Stryker's current products.

Regulatory scrutiny on acquisitions could delay Stryker's market entry.

Differentiation

Stryker's acquisitions enhance its minimally invasive surgical solutions portfolio.

Entry into the peripheral vascular segment diversifies Stryker's market presence.

Stryker's focus on AI integration boosts diagnostic accuracy and operational efficiency.

Upsides

Growing demand for minimally invasive solutions aligns with Stryker's strategic acquisitions.

The orthopedic implants market growth benefits Stryker's expanding product line.

Stryker's acquisition of Inari Medical positions it in a high-growth vascular market.

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