Posted in Other 8 days ago.
Location: Collegeville, Pennsylvania
Job Description
Sr Analyst Incentive Compensation- Collegeville, PA or Remotely
Basic Purpose:
• Regional point of contact executing on all sales compensation plan deliverables designed to incent the commercial sales force to drive sales performance to exceed strategic growth goals
• Partners with the Regional Commercial and Finance organizations to ensure accurate and timely compensation payments and reports are delivered in strict adherence to company policy and auditing controls
• Support analytical demands of the Commercial team related to sales compensation
• Develop best practice and process improvements related to incentive compensation policies, processes and problem resolution
• Partner with Commercial Operations Sales Deployment team to ensure changes to sales structure are implemented to support sales compensation
Responsibility Areas
• Partner with regional commercial management and sales representatives as the incentive compensation SPOC supporting all incentive compensation deliverables
• Analysis, review and payment of regional quarterly compensation earned, ensuring compliance with corporate policies.
• Problem resolution , researching compensation data elements, metric calculations, and reporting discrepancies
• Collaborate with commercial teams leadership to implement annual, quarterly and monthly changes to budgets .
• Manages and implements other sales effecting adjustments as needed
• Contributes on incentive compensation training materials and partners with Training team to develop programs and approaches to the commercial team on all areas related to incentive compensation policy, procedures and reports.
• Drives process improvement changes that are implemented at the Commercial sales level to improve efficiencies for the sales force and the sales compensation team
• Support Commercial or regional special incentives and ad hoc analysis as needed
Accountabilities / Metrics
• Accurate execution of sales compensation plan design and payments
• Revenue realized due to improved sales force performance
• Sales Satisfaction Survey Score Improvement
• Reduction in Sales Turnover
• Improvement in sales force efficiency
• Cost savings due to process improvements
Hard Skills
• Ability to effectively communicate from sales rep to regional VP
• High level analytical skills
• Demonstrated ability to successfully manage multiple projects under tight deadlines
• Problem resolution skills with ability to drive to root cause
• Thorough understanding of the Sales cycle in a healthcare delivery environment
Soft Skills (Lominger Competencies)
• Drive for Results
• Communication and partnering
• Priority Setting
• Organizing
• Planning
• Presentation skills
• Innovative thinking
Experience
• Sales Performance Management - sales incentives, operations or sales support, 5+
• Proficient with access, excel and relational databases
• Experience with automated technology solutions
• Bachelor's degree in business or finance preferred