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Company

Medtronic · 13 hours ago

Senior Sales Compensation Analyst

Mansfield, MA

Full-time

Remote

Mid, Senior Level

$83K/yr - $125K/yr

4+ years exp

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Artificial Intelligence (AI)Biotechnology

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Responsibilities

Accurate administration and timely commission payments for assigned sales teams based upon documented and approved variable sales compensation plans and policies

Responsible for understanding the functionality and ensuring accuracy of the Varicent ICM system and working closely with the business to redefine proposed programs to ensure they can be administered accurately and efficiently

Lead projects related to process improvement, system enhancements or other critical data changes and deliver results within established timelines.

Manage commission calculation logic within Varicent ICM system, with ability to program system in support of approved compensation logic and formulas

Annual implementation and ongoing measurement of Incentive Compensation Plan Design by collaborating with sales management to create annual variable sales compensation plans/programs

Assist in set up of annual sales plans and ongoing testing to confirm accurate payouts and provide reporting of annual variable commission forecasts

Field and respond to variable compensation and quota related inquiries submitted through salesforce.com and AskHR

Design and administer sales incentives to support sales goals

Collaboration and partnership with multiple teams such as Sales Performance, Sales Analytics, Commercial Operations, Human Resources, Technology, Finance, Sales, and Marketing

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Business analyticsSales compensation administrationVariable commission calculationsData analysisMS Office SuiteExcel macrosSalesforce.comCompensation plan designProject managementMedical Devices industryData visualizationTableauVaricent ICMCognos BIMonte Carlo simulationOrganization / Time management

Required

Bachelor’s degree required

Minimum of 4 years’ experience in a business analytics role, preferably in sales compensation administration, commercial operations, sales/marketing analytics, finance, or accounting.

4+ years’ experience with variable commission calculations, forecasting, data modeling, data analysis or sales reporting

Preferred

Advanced ability in MS Office Suite (Excel, PowerPoint and Word)

Proficiency with Excel macros, and the potential to use advanced decision support analytical tools

Advanced degree in Business, Data Analytics, or similar area of focus.

Demonstrated proficiency in MS suite of tools (Excel, PowerPoint, and Word).

Familiarity with any of the following applications: Business Objects, Cognos, or other sales reporting tools.

Salesforce.com or related CRM tools.

Project management experience.

Ability to navigate a complex matrix environment and manage competing priorities

Strong skills in the following areas: Written and oral communication, Problem Solving, Systems, Attention to detail, Project management, Organization / Time management - Ability to handle multiple tasks simultaneously

Understanding of compensation plan design/development and incentive approaches

Ability to successfully work on cross functional projects/teams

Business and organizational understanding

Prior experience in the Medical Devices industry

Experience as core contributor to a major business improvement project

Experience presenting data to leadership/executive level

Experience with sales alignment, business intelligence, data visualization, and CRM tools, such as Salesforce.com, Cognos BI, Tableau, Varicent ICM, AlignMix sales territory mapping software

Proficiency with Excel macros, and the potential to use advanced decision support analytical tools (e.g., decision analysis software, Monte Carlo simulation, optimization)

Experience integrating new businesses/processes

Proven track record of attaining organizational and personal objectives

Highly motivated & intellectually curious

Benefits

Flexible Benefits Package

A wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage

Company

Medtronic

Glassdoor

3.9

Medtronic is a healthcare technology company that designs and develops AI-based products and solutions for the medical industry.

Founded in 1949

Minneapolis, Minnesota, USA

10,001+ employees

https://www.medtronic.com

H1B Sponsorship

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Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2023 (185)

2022 (337)

2021 (383)

2020 (274)