Team Lead - Collections

MiniMed; Maharashtra; On-site; INR 1,500,000 - 2,500,000; Full time

Benefits offered by this job

Flexible benefits package

Competitive salary

Job summary

MiniMed is looking for a specialist in financial operations with over 10 years of experience. In this role, you will analyze customer credit information, negotiate financial terms, and manage credit collections to enhance sales and operational effectiveness.

This position is vital to our mission of transforming diabetes management and requires a proactive approach to problem-solving and communication across functions. You will also benefit from a competitive salary and flexible benefits package.

Qualifications

• Requires expert knowledge within a specific discipline typically gained through extensive work experience and/or education.
• Requires minimum of 10 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.
• Plans credit restriction and collection tactics for risky accounts.
• May collect outstanding receivables in accordance with terms and conditions of sale.

Job description

At MiniMed, you can begin a lifelong career of exploration and innovation, while helping make a difference in the lives of people living with diabetes around the globe. You'll lead with purpose, breaking down barriers to innovation for a more connected, compassionate world.

About The Role

A Day in the Life — Our Global Diabetes Capability Center in Pune is expanding to serve more people living with diabetes globally. Our state‑of‑the‑art facility is dedicated to transforming diabetes management through innovative solutions and technologies that reduce the burden of living with diabetes.

This position is an exciting opportunity to work with Minimed’s Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic, subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential, enabling us to operate with greater speed and agility. As a separate entity, we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care.

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.

Office Support Career Stream

Individual contributors who provide organizational related support or service (administrative or clerical) for other members within the organization. The majority of time is spent in the delivery of support services or activities, typically under supervision.

Differentiating Factors

Autonomy: Recognized specialist in job area who works on assignments that are extremely complex in nature, and may be responsible for leading daily operations.

Handles or resolves a wide range of projects, tasks, or issues in original ways.

Has high degree of initiative and makes considerable adjustments and enhancements to working methods to improve effectiveness.

Organizational Impact: Leads the day‑to‑day work activities of individuals in the department.

Work involves planning and preparation of communications and requires skill, tact, persuasion and/or negotiation to accomplish the objectives.

Innovation and Complexity: Responsible for making adjustments or recommended enhancements in systems and processes to solve problems or improve effectiveness of job area by collaborating with other functions.

Problems faced are general, and may require understanding of broader sets of issues and other job areas, but typically are not complex.

Communication and Influence: Communicates with internal and external contacts to reach agreement and facilitate collaboration across functions.

Obtains and provides information on matters of significant importance to one or more job areas.

Leadership and Talent Management: May act as a team leader or coach and assistant to the supervisor / manager.

May share tasks to other team members and be responsible for the review of work product and processes.

Does not have formal management responsibilities, but provides input to people management decisions in this area.

Required Knowledge and Experience

Requires expert knowledge within a specific discipline typically gained through extensive work experience and/or education. Requires minimum of 10 years of relevant experience.

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

MiniMed offers a competitive salary and flexible benefits package.

At MiniMed, we put people first. A commitment to our employees lives at the core of our values: We recognize their contributions. They share in the success they help create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every stage of your career and life.

About MiniMed

We want to make every day a better day for people living with diabetes. Our team of creative innovators around the globe share a passion for finding the simplest solutions to the problems that people with diabetes face on a daily basis. For more than 40 years, we’ve been redefining what’s possible, from intelligent dosing systems designed for real life to predictive insights that stay a step ahead, and we’re dedicated to continuing to support our customers through every step of their journey — meeting them where and how they need it.