Analyst, Sales Incentive Compensation

Integra LifeSciences•Princeton, NJ

1d•Onsite

About The Position

Changing lives. Building Careers. Joining us is a chance to do important work that creates change and shapes the future of healthcare. Thinking differently is what we do best. To us, change equals opportunity. Every day, our colleagues are challenging what’s possible and making headway to innovate new treatment pathways to advance patient outcomes and set new standards of care. Reporting to the Manager Sales Comp and TM - this position is responsible for the accurate calculation and timely payment of sales commissions and associated sales compensation (not payroll) in accordance with Corporate and Divisional regulations. Using the OIC system the analyst will download the appropriate data, validate the data and ensure that the payment calculations are accurate. The analyst will provide the accurate file to the Business analyst for review and approval. Once approved provide the final file to VP Sales. The Incentive Compensation analyst will understand the plan calculations and work with IT to ensure that plans are programmed correctly each year.

Requirements

BA or BS degree
2+ years of experience with complex data management and calculations, preferably within a commission or payroll role.
Experience with OIC (Oracle Incentive Compensation) and TM (Territory Manager)
Excellent Excel and analytical skills, experience with SQL is a plus
Coordination and Communication: Work closely with line and field management to address the business needs and to promptly resolve queries
Excellent communication skills including an ability to appropriately discuss sensitive (pay) information.
Liaison with IS team and internal stakeholders provides feedback loop on compensation results.
Company Representation: Represent the company in a manner consistent with policy and procedure at all conventions and key customer gatherings

Responsibilities

Accurately prepare the monthly/Quarterly/Annual commissions and bonus calculations (including Dealers).
Validate the sales data, make necessary adjustments (credit suppression, pro-rating, guarantees etc) and process the OIC calculations.
Assist in the programming of sales incentive compensation programs and run testing to ensure the programming is accurate.
Prepare Exec summary that allows the reviewer to quickly ascertain that the data and calculations are complete and correct.
Prepare and submit pay-sheets to the payroll department for the timely processing of payments.
Manage the SFA “commission adjustment” process and liaise directly with sales managers to promptly resolve queries.
Improve and manage incentive policies and procedures.
Participate in projects or workouts that enhance OIC capabilities.