Integra LifeSciences

Analyst, Sales Incentive Compensation

Integra LifeSciences$71K — $97K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA or BS degree
  • 2+ years of experience in complex data management and calculations, preferably in commission or payroll roles
  • Familiarity with OIC (Oracle Incentive Compensation) and TM (Territory Manager)
  • Strong Excel and analytical skills; experience with SQL preferred
  • Excellent communication skills to discuss sensitive pay information

Responsibilities

  • Accurately calculate monthly, quarterly, and annual commissions and bonuses for sales teams, including data validation
  • Assist in programming and testing sales incentive compensation programs
  • Prepare executive summaries for quick reviews of data and calculations
  • Submit pay-sheets to payroll for timely processing
  • Manage commission adjustment processes with sales managers
  • Enhance and manage incentive policies and procedures
  • Participate in projects to improve OIC capabilities

Benefits

  • Medical, dental, vision insurance
  • Life insurance and short- and long-term disability
  • Business accident insurance
  • Group legal insurance
  • Retirement savings plan (401(k))
Full Job Description

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. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

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.

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

SUPERVISION RECEIVED

Supervised by Manager – Sales Operations

SUPERVISION EXERCISED

None

TOOLS AND EQUIPMENT USED

PHYSICAL REQUIREMENTS

The physical requirements listed in this section include, but are not limited, to the motor/physical abilities and skills require of this position in order to successfully undertake the essential duties and responsibilities of this position. In accordance with the Americans with Disabilities Act (ADA), reasonable accommodations may be made to empower individuals with disabilities to undertake the essential duties and responsibilities of the position.

ADVERSE WORKING CONDITIONS

The adverse working conditions listed in this section include, but are not limited to, those environmental conditions to which the employee may be exposed while undertaking the essential duties and responsibilities of this position, which is that of a general plant environment.

Adverse exposure may result from the handling of hazardous and biohazardous materials that include, but are not limited to, flammable and corrosive liquids, compressed gases, sharps, and medical wastes.


There are no adverse working conditions associated with this position.


SELECTION GUIDELINES

Formal application, rating of education and experience; oral interview and reference check; job related tests may be required.


DISCLAIMER

The duties listed above are intended only as illustrations of the various types of work that may be performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related, or a logical assignment to the position.

The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

#LI-NN1

Salary Pay Range:

$71,300.00 - $97,750.00 USD Salary

Our salary ranges are determined by role, level, and location. Individual pay is determined by several factors including job-related skills, experience, and relevant education or training. In addition to base pay, employees may be eligible for bonus, commission, equity or other variable compensation. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

Additional Description for Pay Transparency:

Subject to the terms of their respective plans, employees and/or eligible dependents are eligible to participate in the following Company sponsored employee benefit programs: medical, dental, vision, life insurance, short- and long-term disability, business accident insurance, and group legal insurance, and savings plan (401(k)).

 

Subject to the terms of their respective policies and date of hire, Employees are eligible for the following Total Rewards | Integra LifeSciences

About Integra LifeSciences

Integra LifeSciences is an American company that develops, manufactures, and markets medical devices for use in neurosurgery, extremity reconstruction, orthopedics, and general surgery. The company's products include implants, devices, instruments, and systems used in neurosurgery, neuromonitoring, neurotrauma, and related critical care. Integra LifeSciences has its headquarters in Princeton, New Jersey.
Learn more about Integra LifeSciences
Size
3,800 employees
Market Cap
$4.6 billion
Industry
Net Income
$133.8 million
Founded
1989
5 Year Trend
+9.2%
Revenue
$1.3 billion
NASDAQ

Similar Jobs

More Jobs at Integra LifeSciences

More Finance & Insurance Jobs

Find similar Analyst, Sales Incentive Compensation jobs: