Sr. Incentive Compensation Analyst

Baxter • Deerfield, IL

17h • Hybrid

About The Position

This is where your work makes a difference. At Baxter, we believe every person—regardless of who they are or where they are from—deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond. Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results. Here, you will find more than just a job—you will find purpose and pride. Your role at Baxter Provide leadership and ownership of advanced analytical support, performance reporting and field sales variable compensation calculations for the US/Canada Baxter sales forces. The candidate is responsible for partnering with sales leaders, finance, human resources, and incentive compensation (IC) leadership to design/develop annual compensation and contest plans in alignment with the business’s strategic imperatives. In this high visibility role, you are a critical function in supporting our sales team's Incentive Compensation program. Help design and drive the process while partnering closely with sales leaders.

Requirements

• Effective leadership and project management skills
• Strong analytical, modelling, and problem-solving skills are required
• Advanced Excel skills
• Strong working knowledge of Tableau, PowerPoint and database management tools desired
• Demonstrates ownership and accountability for delivering timely and accurate results.
• Excellent verbal and written communication skills
• Collaborative mind set.
• Attention to detail and strong organizational skills are essential
• Dedication to meeting and/or exceeding expectations of internal and external customers
• BA/BS required OR equivalent work experience.
• 3+ years of experience in Finance, Commercial Operations, or related field
• Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

Nice To Haves

• Tableau, Cognos and/or advanced reporting skills preferred
• Eagerness to develop innovative solutions using digital technology
• Proficiency with Sales Performance Management (SPM) tools such as Spiff, Xactly and IBM/Varicent preferred
• Incentive Compensation experience preferred

Responsibilities

• Partner across functions on the design and development of annual commission and contest plans, motivating sales behaviors in alignment with annual objectives for the US/Canada Baxter sales forces.
• Advanced analytics and database management may be required for annual quota allocations and monthly adjustments.
• Execute annual modelling for commission and overachievement rates.
• Manage commission adjustments and customer alignments, calculate monthly commissions, and submit commission payouts to payroll in alignment with the published variable payroll calendar.
• Ability to execute data mining and dashboard creation upon request.
• Execute monthly calculation and reporting of sales contest, awards, and sprints; Prepare and present yearend contest trip and awards performance for sales leadership approval.
• Execute payment approvals and coordinate adjustments to sales data to ensure accurate commission payments are in alignment with Incentive Compensation policies and governance.
• Provide just-in-time reporting for HR, Sales and/or Marketing related to owned sales team annual and historic sales performance reporting.
• Analyze and make recommendations on business issues and opportunities related to variable compensation.
• Operate with a continuous improvement mindset to drive a LEAN culture and advance the organization digital transformation journey.
• Participate in and/or lead process innovation projects to develop and identify procedural gaps, drive for improvement, create efficiencies, eliminate waste, and enhance customer satisfaction.
• Adhere to compliance with internal procedures and processes.
• Own documentation of payout processes as required by internal controls.

Benefits

• medical and dental coverage that start on day one
• insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
• Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount
• 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching
• Flexible Spending Accounts
• educational assistance programs
• paid holidays
• paid time off ranging from 20 to 35 days based on length of service
• family and medical leaves of absence
• paid parental leave
• commuting benefits
• Employee Discount Program
• Employee Assistance Program (EAP)
• childcare benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior