Portfolio Administrator (Remote) at Stryker

Portage, Michigan, United States

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$58,700 – $106,200Compensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Healthcare, Medical Devices, FinanceIndustries

Requirements

Bachelor’s degree, preferably in Accounting, Finance, Business, or related field
Experience in general accounting, reconciliation, finance, or related roles
Preferred: Experience with Microsoft Office, Oracle, Salesforce.com, SAP, or Model N
Preferred: General accounting knowledge
Preferred: Understanding of lease lifecycle management
Preferred: Proficiency in Microsoft Excel

Responsibilities

Provide financing options that help customers acquire Stryker products, supporting better access to healthcare solutions
Collaborate with internal functional groups, Stryker sales teams, external lending partners, and third-party billing agent (Great America)
Host monthly meetings with lenders and Great America
Manage and resolve escalated portfolio issues
Handle high email volume efficiently and professionally
Investigate payment transactions and misapplied payments
Perform account reconciliations
Audit and book financing agreements for billing and collection by Great America, including review of financing documents, pricing and booking files, data accuracy, with troubleshooting as needed
Partner with sales teams, lending partners, and customers to resolve delinquencies and past-due agreements
Resolve conflicts and address escalated customer or partner issues
Maintain and manage a healthy portfolio of agreements, including escalations, delinquency resolution, auditing, and booking agreements
Monitor portfolio performance, address issues, and identify opportunities for process improvement
Clearly communicate portfolio health and trends to management
Understanding of the full lease lifecycle

Skills

Key technologies and capabilities for this role

Microsoft ExcelOracleSalesforceSAPModel NAccount ReconciliationLease Lifecycle ManagementAuditingFinancial AgreementsDelinquency Resolution

Questions & Answers

Common questions about this position

What is the salary range for the Portfolio Administrator position?

The salary range is $58,700 - $106,200 plus bonus eligible + benefits. Actual minimum and maximum may vary based on location, and individual pay is based on skills, experience, and other relevant factors.

Is this Portfolio Administrator role remote?

The position offers work flexibility with options for Remote, Hybrid, or Onsite.

What skills and experience are required for the Portfolio Administrator role?

A Bachelor’s degree, preferably in Accounting, Finance, Business, or related field, and experience in general accounting, reconciliation, finance, or related roles are required. Preferred skills include experience with Microsoft Office, Oracle, Salesforce.com, SAP, or Model N, general accounting knowledge, understanding of lease lifecycle management, and proficiency in Microsoft Excel.

What does the Portfolio Administrator team collaborate with?

The role involves collaborating with internal functional groups, Stryker sales teams, external lending partners, and third-party billing agent (Great America), including hosting monthly meetings with lenders and Great America.

What makes a strong candidate for the Portfolio Administrator position?

Strong candidates will have a Bachelor’s degree in Accounting, Finance, or related field, experience in accounting or finance roles, proficiency in Excel and systems like Oracle or Salesforce, and knowledge of lease lifecycle management.

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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