Associate Director, Sales Compensation Administration jobs in United States
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Illumina · 3 days ago

Associate Director, Sales Compensation Administration

Illumina is a company focused on expanding access to genomic technology to enhance health equity globally. The Associate Director of Sales Compensation Administration will manage incentive compensation programs, collaborate with cross-functional teams, and ensure accurate data handling and reporting related to compensation plans.

BiotechnologyGeneticsHealth CareMedical
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Responsibilities

Administer and manage the company's incentive compensation programs, ensuring all calculations and payments are accurate and delivered in a timely manner
Collaborate with cross-functional teams, including Sales, Finance, and Human Resources, to establish and maintain effective incentive compensation processes and policies
Develop and maintain a comprehensive understanding of the company's incentive plans, including metrics, targets, and payout structures
Collaborate with Sales Operations to ensure accurate and timely data collection, validation, and integration into the compensation system
Perform regular audits and analysis of incentive compensation data to identify and resolve any discrepancies or inaccuracies
Provide support and guidance to sales representatives and managers regarding incentive compensation plans, calculations, and payouts
Generate reports and provide analysis on incentive compensation performance, including tracking individual and team performance against targets
Stay up to date with industry best practices and trends related to incentive compensation administration, recommending improvements to current processes and systems
Work closely with the IT department to enhance and optimize the compensation system, ensuring its accuracy, functionality, and usability
Maintain accurate and confidential records of incentive compensation plans, payments, and related documentation

Qualification

Sales compensation principlesData analysis toolsCRM systemsCommercial operations experienceGenomic sequencing experienceLeadership experienceCommunication skillsRelationship buildingProblem-solving skills

Required

Bachelor's degree or equivalent experience
Candidate must have a minimum of 15 years' experience in commercial operations, sales compensation, commercial analytics, or other related fields
Must have at least 7 years in people leadership roles, preferably in commercial organizations
Deep understanding of sales compensation principles, best practices, and industry trends
Proficiency in using data analysis tools and techniques to assess plan performance and inform decision-making
Strong ability to build relationships, influence stakeholders, and communicate effectively with various levels of the organization
Ability to identify and resolve complex issues related to sales compensation administration
Excellent verbal and written communication skills, with the ability to present complex information clearly and concisely
Expertise with CRM systems, compensation management software, and other relevant tools

Preferred

MBA or equivalent experience
Experience in the genomic sequencing, medical device or life sciences industries strongly preferred
Global experience to work across various regions, strongly preferred
Proficiency in SQL for data manipulation and analysis preferred

Benefits

Access to genomics sequencing
Family planning
Health/dental/vision
Retirement benefits
Paid time off

Company

Illumina

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Illumina is an innovative technology and revolutionary assays aiming the analyze genetic variation and function.

Funding

Current Stage
Public Company
Total Funding
$1.28B
Key Investors
Bank of America
2024-09-06Post Ipo Debt· $500M
2023-01-04Post Ipo Debt· $750M
2000-07-28IPO

Leadership Team

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Steven Barnard
Chief Technology Officer
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Jenny Lei Zheng
SVP & GM of Greater China
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Company data provided by crunchbase