Sr Sales Compensation Admin Analyst

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 We are searching for a Sr Sales Compensation Admin Analyst to be part of the team responsible for administering, streamlining, and optimizing all processes related to sales incentives across the EMEA region. We are leaders in medical technology and solutions, driven by a mission to build a legacy of integrity and innovation. We are searching for a Senior Analyst to be part of a community of experts committed to advancing high-quality, cost-effective healthcare worldwide. Responsibilities may include the following and other duties may be assigned: Process quarterly and annual sales incentives calculations and payouts – including validation of performance data, governance on manual adjustments and manual components, exception case management and system maintenance Sales incentive forecasting, accruals, balance sheet reconciliation and expense reporting Provide analytics on SIP design effectiveness, including conducting statistical analysis on sales data and information to ensure optimal sales execution and attainment of growth objectives System improvements / building new capabilities Closely liaise with other value streams, including region/business finance, sales enablement and excellence, IT, business intelligence and HR Lead and test business requirements gathering for new enhancements for sales compensation system Define process improvement and best practice opportunities to current business / work processes. Document and maintain procedures and business process workflow as related to sales compensation processing Ensures appropriate audits are in place to guarantee accurate results for sales incentives calculation processes Partner with HR and the business to have sales incentive plan design that can be smoothly operationalized Perform the sales incentive plan assignment in the SIP system Required Knowledge and Experience: Bachelor’s degree with 5+ years, or advanced degree with 3+ years, of experience in compensation, payroll, or finance Excellent written and spoken English High degree of initiative and self-motivation Strong analytical and problem-solving skills with attention to detail Strategic, solution-oriented mindset with the ability to address complex or ambiguous issues Proven ability to manage multiple projects, prioritize tasks, and exercise sound judgment, including knowing when to escalate issues Experience with process improvement and managing large datasets, demonstrating a genuine ambition about learning and working with tools such as Power BI Advanced proficiency in MS Office, especially Excel and Access 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. This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP). 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