Senior Sales Compensation Analyst
GE HealthCare
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $91,600 - $137,400 per year
Job Level
Senior
Tech Stack
SQL
About the role
- Develop and maintain a comprehensive understanding of the company's incentive plans, including metrics, targets, and payout structures
- Take plan design requirements and craft clear, concise plan documents for delivery to all plan participants
- Support plan programming requirements handoff, UAT and ongoing management of high quality execution across the commissions system
- Administer and manage the company's incentive compensation programs, ensuring all calculations and payments are accurate and delivered in a timely manner, ensuring adherence to company policies and procedures
- Collaborate with Sales Operations to ensure accurate and timely data collection, validation, and integration into the compensation system
- Reconcile commission statements and resolve discrepancies
- Create and execute manual commissions processes where needed to support programs
- Analyze sales performance data to identify trends, opportunities, and areas for improvement
- Collaborate with key data partners to ensure the integrity of data to operationalize compensation programs
- Assist in the implementation of new commission plans and incentive programs
- Provide support and guidance to sales representatives and managers regarding incentive compensation plans, calculations, and payouts
- Ensure compliance with all relevant audit requirements and internal controls
- 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 key stakeholders 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.
Requirements
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field, MBA a plus
- 6 years of experience in sales commission administration, financial analysis, or a related field
- Strong analytical and modeling skills - proficiency in Microsoft Excel (advanced functions, pivot tables, VLOOKUPs) is required, SQL a plus
- Experience with commission management software platforms (e.g., Varicent, Xactly, Anaplan)
- Excellent attention to detail and accuracy
- Ability to work independently and as part of a team in a fast-paced environment
- Strong communication and interpersonal skills
- Knowledge of sales processes and compensation structures
- Deep understanding of sales compensation principles, best practices, and industry trends
- 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.
Benefits
- medical
- dental
- vision
- paid time off
- a 401(k) plan with employee and company contribution opportunities
- life
- disability
- accident insurance
- tuition reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
financial analysissales commission administrationanalytical skillsmodeling skillsMicrosoft ExcelSQLcommission management softwaredata analysisreport generationUAT
Soft skills
attention to detailcommunication skillsinterpersonal skillsability to work independentlyteam collaborationproblem-solvingrelationship buildinginfluencing stakeholderspresentation skillstime management
Certifications
Bachelor's degree in FinanceBachelor's degree in AccountingBachelor's degree in Business AdministrationMBA