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Finance

Collections Analyst

Company Description

At Intuitive, we are united behind our mission: we believe that minimally invasive care is life-enhancing care. Through ingenuity and intelligent technology, we expand the potential of physicians to heal without constraints.

As a pioneer and market leader in robotic-assisted surgery, we strive to foster an inclusive and diverse team, committed to making a difference. For more than 25 years, we have worked with hospitals and care teams around the world to help solve some of healthcare's hardest challenges and advance what is possible.

Intuitive has been built by the efforts of great people from diverse backgrounds. We believe great ideas can come from anywhere. We strive to foster an inclusive culture built around diversity of thought and mutual respect. We lead with inclusion and empower our team members to do their best work as their most authentic selves.

Passionate people who want to make a difference drive our culture. Our team members are grounded in integrity, have a strong capacity to learn, the energy to get things done, and bring diverse, real world experiences to help us think in new ways. We actively invest in our team members to support their long-term growth so they can continue to advance our mission and achieve their highest potential.

Join a team committed to taking big leaps forward for a global community of healthcare professionals and their patients. Together, let's advance the world of minimally invasive care.

Job Description

Opportunity:

The Collections Analyst plays a critical role in achieving our overall objective of delivering best-in-class financial reporting, service, and operations with respect to cash collections process.

At Intuitive Surgical, you will share in a commitment to excellence by collaborating with world- class managers and executive leadership. Finance is about “fueling innovation.” We do this by hiring quality individuals with high level of capacity for growth, integrity, personal accountability, teamwork, excellence, and drive. We are looking for leaders that can take on additional responsibility as they progress in their career and we are committed to providing an environment that foster career growth and development.

Primary Roles and Responsibilities:

  • Manage the end to end collections process for assigned portfolio
  • Identify process improvement opportunities to drive efficiencies and that will allow us to scale our accounting systems and financial reporting processes so that we can build a best-in-class back-end process that provide best-in-class customer service.
  • Host customer calls to review account discrepancies, billing errors, disputes and other issues that will cause delay in payment.
  • Work closely with the Credit Team, Billing Team, and Customer Finance teams to ensure that we adequately analyzed customer credit risks and adequate billing to ensure timely payment.
  • Work closely with the Credit team to identify high risk customers and “watch-list” items to monitor potential collection risks.
  • Manage continued reduction of DSO, and prevent bad debt from accumulating.
  • Provide in-depth reporting on our collections metrics that align with our annual goals.
  • Engage our Sales teams to build and maintain a working relationship that will result in cash collection and reduction of past due amounts.
  • Provide in depth aging analysis for each sales region and customer segment.
  • Manage our bankruptcy and high credit risk accounts.
  • Work closely with AR, Lease Accounting, and Tax to provide Customer Finance the information required to engage with the Customer appropriately.
  • Provide in depth aging and credit risk analysis for our lease & AMP customers.
  • Assist with system design changes, and perform user acceptance testing.
  • Support Collections Supervisor, & Sr. Manager Accounts Receivable & other leads in month-end close processes.
  • Maintain and provide support documentation in relation to SOX controls to assist the Collections Supervisor, & Sr. Manager Accounts Receivable.
  • Assist with non-standard or ad-hoc process questions.
  • Perform collection activities.

Qualifications

Skill/Job Requirements:

  • Minimum Bachelor's Degree in Accounting, Business, Finance or equivalent
  • Ability to develop and perform presentations
  • At least 3+ years of relevant industry experience.
  • Experience with enterprise accounting systems, such as SAP is preferred.
  • Experience with HighRadius Collections platform a plus.
  • Seek to continuously improve current processes and procedures
  • Strong problem solving, analytical skills, and project management skills.
  • Strong communication skills and the ability to collaborate and drive results.
  • Ability to work productively in a dynamic environment and be a solutions-oriented team player

Additional Information

Due to the nature of our business and the role, please note that Intuitive and/or your customer(s) may require that you show current proof of vaccination against certain diseases including COVID-19.  Details can vary by role.

Intuitive is an Equal Employment Opportunity / Affirmative Action Employer. We provide equal employment opportunities to all qualified applicants and employees, and prohibit discrimination and harassment of any type, without regard to race, sex, pregnancy, sexual orientation, gender identity, national origin, color, age, religion, protected veteran or disability status, genetic information or any other status protected under federal, state, or local applicable laws.

EEO and AA Policy

We will consider for employment qualified applicants with arrest and conviction records in accordance with fair chance laws.

Preference will be given to qualified candidates who do not reside, or plan to reside, in Alabama, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, or Tennessee.

We provide market-competitive compensation packages, inclusive of base pay, incentives, benefits, and equity. It would not be typical for someone to be hired at the top end of range for the role, as actual pay will be determined based on several factors, including experience, skills, and qualifications. The target salary ranges are listed.

Base Salary Range Region 1: $77.600 USD - $105.000 USD
Base Salary Range Region 2: $66.000 USD - $89.200 USD
Shift: Day
Travel: None
Workplace Type: Set Schedule - This job will be onsite weekly, the percentage of onsite work will be defined by the leader.

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The Future is Intuitive

At Intuitive, we envision a future where care is more connected, customized, and intelligent—so the question won’t just be how long we live, but how well.

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Work at Intuitive

Our culture defines us.

Our culture is driven by passionate people who truly want to make a difference. Learn more about our unique environment and the characteristics of people who thrive at our company.

Learn about our culture

Benefits

Our benefits overview.

We believe in supporting happy and healthy teams. As a valued team member, your benefits extend far beyond your hourly pay or salary. Learn more about our benefits and perks.

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Financial Offerings

Financial offerings

We're here to support your short- and long-term goals.
Family Support

Family support

At Intuitive, we believe in the importance of family and seek to foster a family-friendly culture.
Healthcare Plans

Healthcare plans

Like the patients we serve, your health is also very important to us.
Growth & Development

Growth & development

Your personal and professional growth and development is important to you--and to us.

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