Associate Contract & Payment Analyst at Medtronic

Bogota, D.C., Bogota, D.C., Colombia

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical DevicesIndustries

Requirements

Bachelor’s degree required
Minimum of 4 years of relevant professional experience, with 1-2 years of experience working with contracts or in a contract-related capacity
Advanced fluency in English
Excellent written and oral communications
Strong project management and critical thinking skills
High degree of organization and prioritization skills
Ability to work in a fast-paced environment with high attention to detail and follow through
Strong relationship building, communication and interpersonal skills
Candidates must be in Colombia
Preferred: Familiarity with Workfront and Onit systems
Preferred: Customer service experience
Preferred: Reporting and analytical experience
Preferred: Medical Device Industry experience
Preferred: Familiarity with SAP
Preferred: Familiarity with the U.S. Sunshine Act
Preferred: Proficiency with MS Office (Outlook, Word, Excel, PowerPoint, etc.)
Preferred: Proficient in Portuguese

Responsibilities

Receive and process requests to create contract records
Partner with legal department for the creation of U.S. and International HCP consulting agreements and other contract needs
Process invoices, check requests and other billing requirements
Perform audits on incoming requests
Data Entry for Sunshine Reporting
Maintain up-to-date departmental policies & procedures
Communicate effectively to internal and external customers via phone, email and systems
Collaborate cross-functionally to execute tasks in a timely manner
Work individually or with a team in recommending action and managing projects to completion
Perform various projects as assigned
Identify, define and address problems that are not immediately evident
Gather, collect, record, track and verify data and information from multiple sources
May design processes to enhance workflow
Provide data and information to others on functional unit processes and procedures
Provide project or program support to a functional group or business process
Monitor program/project/system status, budgets and timetables
Apply knowledge of and experience in company operations to assist in the development, implementation and administration of program/system guidelines and procedures
Gather and compile information for reports
Provide technical support, which may include program/system training, program/system documentation, data extraction, data review, tracking and coding

Skills

Key technologies and capabilities for this role

Contract ProcessingPayment ProcessingInvoice ProcessingAuditingData EntrySunshine ReportingCross-Functional CollaborationCommunicationAnalyticsProject ManagementAdministrative Support

Questions & Answers

Common questions about this position

Is this role remote, and are there location requirements?

This role is remote, but candidates must be located in Colombia to be considered.

What are the key skills required for the Associate Contract & Payment Analyst role?

The role requires analytical skills, strong attention to detail, high organization, collaboration, and proficiency in communication, auditing, project work, and administrative support.

What does a typical day look like for this position?

A typical day involves receiving and processing contract requests, partnering with legal for agreements, processing invoices and billing, performing audits, data entry for Sunshine Reporting, maintaining policies, and collaborating cross-functionally on projects.

What is the company culture like at Medtronic?

Medtronic offers a purposeful, committed, and mission-driven culture focused on innovation, alleviating pain, restoring health, and extending life, within a dynamic Marketing Shared Services environment that emphasizes collaboration and breaking down barriers.

What makes a strong candidate for this role?

Strong candidates are analytical, detail-oriented, highly organized, collaborative, and skilled in communication, analytics, auditing, project management, and independently handling cross-functional tasks.

Medtronic

Develops and manufactures medical devices and therapies

About Medtronic

Medtronic provides medical technology, services, and solutions to improve patient care. The company develops a variety of medical devices, including pacemakers, insulin pumps, surgical tools, and neurostimulation devices, which help diagnose, prevent, and treat chronic diseases. These products are used by hospitals, clinics, and healthcare professionals around the world. Medtronic stands out from competitors by investing significantly in research and development to create new products and offering additional services like training and patient management programs. The goal of Medtronic is to enhance patient outcomes and lower healthcare costs through its comprehensive range of medical solutions.

Fridley, MinnesotaHeadquarters

1949Year Founded

$3.2MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Employee Stock Purchase Plan

Employee Assistance Program

Wellness Program

Risks

Emerging competitors like Fire1 threaten Medtronic's heart failure management market share.

Spine biologics market growth may attract new entrants, increasing competition for Medtronic.

Recent IPOs in medtech indicate rising competition, challenging Medtronic's market position.

Differentiation

Medtronic's diverse product range spans cardiovascular, diabetes, neurological, and surgical technologies.

The company invests heavily in R&D to drive innovation in medical devices.

Medtronic offers comprehensive services, including training and technical support, enhancing product value.

Upsides

Exclusive deal with Kuros enhances Medtronic's orthopedic portfolio and market share.

Growing spine biologics market offers expansion opportunities in spinal fusion and regenerative medicine.

Balloon catheters market growth aligns with Medtronic's recent product launches, boosting cardiovascular presence.

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