Assoc Credit Services Rep

1 week ago

Mumbai Maharashtra, India Medtronic Full time

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**:Credit Control, Order Release, Business Engagement, Stakeholder Management, Reconciliation and Credit Policy Monitoring & implementing Credit Hygiene

**Responsibilities may include the following and other duties may be assigned.**:

- **Dealing with Inland Letter of Credits submitting the documents to bank as per the requirement of LC and following up for the credit of the same without any discrepancies.**:

- **Responsible for Order Release for Credit hold customers/ distributors as per Medtronic Credit Policy.**:

- **Custodian of BG of the Distributors as security and timely collection of BG’s enhancement without raising any risk.**:

- **Responsible for AR offsetting for all the advances entered in the system on weekly basis.**:

- **Keeping track of Distributor commissions and Expenses payable and the supporting documents required for the same.**:

- **Following with all Distributors and Direct Customers for the overdue payments with proper correspondence.**:

- **Responsible for collecting Balance confirmations from the Distributors via quarterly Balance confirmation activity**:

- **Provide weekly Account Receivables ageing report to all relevant business partners and update status of accounts with disputes or issues.**:

- **Well versed with Customer Account Reconciliations**:

- **Responsible for sending Monthly account statements to all the customers.**:

- **Review of Customer masters**:

- **Co-ordination with external and internal auditors.**:

- **Daily / Weekly / Monthly reports to Credit Manager / Finance Director like Collection Report, Cheque Register, AR report and any other Month end closing reports as and when required.**:

- **Responsible for managing projects, reports and other duties as and when delegated.**:
**SPECIALIST CAREER STREAM**:Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects - from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.**:
**DIFFERENTIATING FACTORS**:
**Autonomy**:Entry-level individual contributor on a project or work team.**
**Works with close supervision.**:
**Organizational Impact**:Delivers work of limited scope, typically smaller, less complex projects or related activities.**:
**Innovation and Complexity**:Identifies, defines and addresses problems that are not immediately evident but typically not difficult or complex.**
**Makes minor changes in systems and processes to solve problems.**:
**Communication and Influence**:Communicates primarily with internal contacts within immediate group.**
**Contacts others to gather, confirm and convey information.**:
**Leadership and Talent Management**:N / A - job at this level is focused on self-development.**:
**Required Knowledge and Experience**:Requires broad theoretical job knowledge typically obtained through advanced education.**:
**Master’s degree in commerce.**:
**3 to 8 years of relevant working experience in multinational firms.**:
**Knowledge of credit risk management, collection tools and debt recovery. Motivated and result-oriented individual with a “Can-do” attitude.**:
**Must be able to work with teams across different functions and regions. Possessing good in excel and computing skills and comfortable with web-based IT systems.**:
**Team player with excellent communication, interpersonal and negotiation skills.**:
**SAP experience is preferable.**:
**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 90,000+ passionate people.**
**We are engineers at heart— putting ambitious ideas to

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