Additional Location(s): US-CA-Valencia
Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance
At Boston Scientific, we'll give you the opportunity to harness all that's within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we'll help you in advancing your skills and career. Here, you'll be supported in progressing - whatever your ambitions.
About the role:
This role will work on the Neuromodulation team supporting compensation of over 500 US sales representatives. In this role you will have the opportunity to work with high performing teams across sales strategy, field training, finance, and compensation as well as interact directly with our field sales. The Sales Compensation Analyst will work cross-functionally to build and maintain compensation plans that drive business performance and overall sales strategy. The Sales Compensation Analyst will also assist in setting field sales quotas and manage the quarterly alignment process. Additionally, in this role you will assist in the management, production, and analytics of commissions paid to our US NM Field Sales. The Sales Compensation Analyst will be accountable to ensuring the accuracy of all compensation data such as employee data, revenue performance, account alignments, compensation rates, etc.
Your Responsibilities include:
- Collaborates with finance, sales leadership, marketing, IT and other sales operations functions to deliver on commercial strategies and drive a continuous improvement culture.
- Responsible for the administration and validation of employee data, sales hierarchy, and account/physician alignments.
- Partners with Center of Excellence to execute monthly validation audits to ensure 100% accurate commissions calculations.
- Assists in the commission audit of monthly financial accruals.
- Process monthly and quarterly commission adjustments and exceptions.
- Consults on sales compensation system enhancements and modifications. This includes the layout, testing, documentation and validation of plan changes and commission calculation accuracy.
- Works with Finance and Sales Leadership to align on quarterly field sales quota. Owns quota setting process from start to finish.
- Assists with development and design of sales incentive plans and contests. Leads the modeling efforts to analyze impacts of proposed changes and total compensation spend.
- Analyzes sales incentive plan and quota setting effectiveness.
- Monitors and ensures compliance with company policies/procedures, federal, state, & local compensation laws & regulations.
- Conducts ad hoc modeling and analysis as requested.
What we're looking for in you:
- Bachelor's degree in Accounting, Finance, or related field.
- Strong attention to detail and strong organizational skills.
- Minimum of 3-5 years of Sales Compensation experience.
- Advanced Excel experience.
- Ability to be both a team player and work independently.
Preferred Qualifications:
- Anaplan software experience.
- Sales Operations experience.
- Medical Industry experience.
This position is based in Valencia, CA with a salary range between $70,700 - $134,300.
Requisition ID: 588528
As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most - united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do - as a global business and as a global corporate citizen.
So, choosing a career with Boston Scientific (NYSE: BSX) isn't just business, it's personal. And if you're a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!
At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.
Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code * 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.
Please be advised that certain US based positions, including without limitation field sales and service positions that call on hospitals and/or health care centers, require acceptable proof of COVID-19 vaccination status. Candidates will be notified during the interview and selection process if the role(s) for which they have applied require proof of vaccination as a condition of employment. Boston Scientific continues to evaluate its policies and protocols regarding the COVID-19 vaccine and will comply with all applicable state and federal law and healthcare credentialing requirements. As employees of the Company, you will be expected to meet the ongoing requirements for your roles, including any new requirements, should the Company's policies or protocols change with regard to COVID-19 vaccination.
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