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Medtronic is a general leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life.
Our 95,000 employees work across more than 150 countries to put patients first - developing innovative medical technologies that improve the lives of 72+ million patients each year.
Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.A Day in the LifeThe Rebate Analyst – Calculations is responsible for the accurate and timely calculation, validation, and processing of customer rebate programs that support Medtronic's U.S. business.
This role applies accounting and financial principles to analyze contract terms, sales transactions, and rebate performance, ensuring calculations are accurate, compliant with contractual requirements, and properly reflected within SAP (Vistex).
Working independently under general supervision, the analyst manages a portfolio of rebate agreements from calculation through financial validation, partnering closely with Finance, Contracting, Legal, Sales, Credit, and other cross-functional teams to investigate discrepancies, resolve issues, and support month-end and quarter-end financial activities.
The role requires strong analytical skills, attention to detail, and the ability to interpret complex contractual and financial information while maintaining compliance with internal controls and audit requirements.
In addition to executing daily operational activities, the analyst contributes to continuous process improvement by identifying opportunities to enhance system functionality, standardize processes, improve reporting, and increase operational efficiency.
The position also supports documentation, audit readiness, and knowledge sharing, while providing guidance to less experienced team members when appropriate.
Success in this role requires balancing accuracy, productivity, and customer service while ensuring rebate calculations are completed within established service levels and in accordance with Medtronic's financial, accounting,



and compliance standards.ResponsibilitiesProcess customer rebate and administrative fee payments accurately and within established service level expectationsPrepare, review, and execute payment proposals including Electronic Funds Transfer (EFT), credit memos, and check payments while ensuring compliance with internal controls and financial policiesMonitor payment exceptions, billing blocks, rejected transactions, and reconciliation discrepancies to ensure timely resolution and prevent payment delaysReview financial and accounting documents generated through SAP (Vistex) to support accurate payment execution and reportingMaintain payment tracking files, remittance information, supporting documentation, and audit records to ensure operational compliance and traceabilityCommunicate payment status, remittance details, and issue resolution updates to internal and external stakeholders in a timely and professional mannerSupport month-end, quarter-end, and year-end close activities, including payment reconciliations, accrual validation, and audit-related follow-upAssist with customer payment method setup and maintenance, including Electronic Funds Transfer (EFT) onboarding and payment method conversionsDevelop, maintain, and continuously improve standard operating procedures (SOPs), work instructions, and process documentation to support operational consistency and cross-trainingParticipate in system testing, process enhancement initiatives, automation projects, and continuous improvement efforts related to rebate payment operations within SAP (Vistex) and other supporting systemsPrioritize multiple deadlines while maintaining a high level of accuracy, attention to detail, customer focus, and operational excellenceIdentify opportunities to simplify processes, reduce manual effort, improve payment quality, and strengthen compliance and internal controlsRequired Knowledge and ExperienceBachelor's degree in business administration, Finance,



Accounting, Economics, International Business, or a related fieldMinimum of 3 years of relevant experience, or an advanced degree with 1 year of experienceStrong Microsoft Excel skills and confidence working with financial data, reconciliations, and detailed transactional informationStrong analytical, organizational, and problem-solving skills with exceptional attention to detailGood written and verbal communication skills in English and ability to collaborate effective with cross-functional teamsAbility to manage multiple priorities while meeting deadlines in a fast-paced operational environmentAbility to work in the Bogotá office one to three days per week and outside standard business hours on occasionPhysical Job RequirementsThe 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 & Compensationcompetitive Salaryflexible Benefits Packageeligible for a short-term incentive called the Medtronic Incentive Plan (MIP)It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law.
In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
For sales reps and other patient facing field employees, going into a healthcare setting is considered an essential function of the job and we expect our employees to comply with all credentialing requirements at the hospitals or clinics they support.
This employer participates in the federal E-Verify program to confirm the identity and employment authorization of all newly hired employees.
For further information about the E-Verify program, please click here.
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📌 Rebates Analyst. (Bogotá)
🏢 COS Medtronic Shared Services Americas
📍 Bogotá