Credit - Collections Clerk IV at Medtronic

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

Medtronic Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Medical DevicesIndustries

Requirements

  • Advanced practical knowledge within a specific discipline typically gained through extensive work experience and/or education
  • Minimum of 6 years of relevant experience

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
  • Performs a variety of complex or technical-advanced administrative and clerical duties
  • Works on assignments that are extremely complex in nature, and may be responsible for leading daily operations
  • Provides instructions to accomplish day-to-day work activities to junior individuals in the department
  • Obtains or provides information or data on matters of moderate importance to the function of the department or which may be of sensitive nature
  • Makes adjustments or recommends enhancements in systems and processes to solve problems or improve effectiveness of job area
  • Communicates with internal and external contacts and obtains and provides information on matters of significant importance to the job area
  • May act as a team lead and assistant to the supervisor/manager
  • May delegate tasks to other team members and be responsible for the review of work product

Skills

Key technologies and capabilities for this role

Credit AnalysisCollectionsNegotiationFinancial ControlsReceivables ManagementAdministrative SupportProcess Improvement

Questions & Answers

Common questions about this position

What compensation does Medtronic offer for the Credit - Collections Clerk IV position?

Medtronic offers a competitive salary and flexible benefits package.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What experience is required for the Credit - Collections Clerk IV role?

The role requires a minimum of 6 years of relevant experience and advanced practical knowledge within a specific discipline typically gained through extensive work experience and/or education.

What is the company culture like at Medtronic?

Medtronic emphasizes a life-long career of exploration and innovation, leading with purpose to champion healthcare access and equity in a connected, compassionate world.

What makes a strong candidate for this Credit - Collections Clerk IV position?

Strong candidates have at least 6 years of relevant experience, advanced knowledge in credit/collections, high initiative to work on complex assignments without established procedures, and the ability to lead daily operations or guide junior team members.

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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