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Credit Collection Clerk III

3 years

0 Lacs

Ahmedabad Gujarat India

Posted:3 days ago| Platform: Linkedin logo

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Skills Required

medtronic healthcare communication resolve payments controls reports forecast compliance data interpretation effectiveness sap compensation support technology restore diversity

Work Mode

On-site

Job Type

Full Time

Job Description

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

Experienced Individual contributor handling Credit and collection operations for the assigned customer accounts/countries under limited supervision. The Credit-Collection Clerk III is responsible for managing and collecting regular dues, overdue accounts while maintaining accurate credit records. This role involves direct communication with customers to resolve outstanding balances and ensure timely payments, often requiring a higher level of experience and autonomy than entry-level positions.

Responsibilities:

  • Analyzes credit information to establish customers' Credit limits and Credit term, as per DOA assigned, 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.
  • Plan credit restriction and collection tactics for risky, slow pay, and sensitive accounts.
  • Collect outstanding receivables in accordance with terms and conditions of sale.
  • Effectively communicate internal stakeholders to resolve outstanding AR and disputed invoices in timely manner.
  • Prepare regular reports on Cash collection forecast, collection activities and account status ( May use FSCM tool).
  • Ensure compliance with company policies and relevant regulations.

Organizational Impact:

Works to deliver day-to-day objectives with significant impact on achievement of results for the job area. Work involves obtaining or providing information or data requiring some explanation or interpretation. Work consists of tasks that are typically not routine.

Work Environment:

  • Typically office-based, with standard business hours.
  • May involve occasional travel for in-person collections or meetings.

    • Innovation and Complexity:

    Makes minor changes in systems and processes to solve problems or improve effectiveness of job area. Expected to independently propose solutions to problems for manager review.

    Communication and Influence:

    Communicates typically with internal and external stakeholders .
    Obtains and provides information on matters of moderate importance to the job area.

    Required Knowledge and Experience:

    Requires minimum of 3 years of relevant experience in Credit and Collection operations, SAP operating system.

    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

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