Abbott

Sales Compensation Analyst

Abbott$78K — $156K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business Administration, Information Systems, or related field
  • Minimum 2 years of experience as a data/sales analyst or similar role
  • Prior experience in a medical device company or sales organization
  • Strong verbal and written communication skills
  • Proficient in Microsoft Excel, Access, and Business Objects; SAP/ERP experience preferred

Responsibilities

  • Manage territory alignments for the sales organization
  • Analyze internal stakeholder reporting requirements and ensure data accuracy
  • Collaborate with Finance to process quota changes and revenue reallocations
  • Maintain accuracy of customer and sales organization hierarchies
  • Conduct proactive audits of master data and resolve discrepancies
  • Administer and calculate commission and bonus payments
  • Provide ad-hoc master data reports to management

Benefits

  • Robust health and wellness benefits for employees and families
  • Diverse career advancement opportunities within the company
  • Support for continuous learning and staying updated on industry advancements
  • Mentorship opportunities for professional growth
  • A collaborative work environment that values process improvement
Full Job Description
JOB DESCRIPTION:

Neuromodulation

Our Neuromodulation business includes implantable devices compatible with mobile technology to help people who suffer from chronic pain and movement disorders. These non-opioid therapies allow us to provide interventional pain therapy to patients throughout the pain continuum.

The Opportunity

Manages the sales organization's territory alignments. Working under general supervision and instruction, collects, analyzes, evaluates and maintains data used to report customer, product and sales organization information. Coordinates with other departments to ensure master data is timely, accurate and meets the reporting requirements of all stakeholders. Exercises judgment in planning, organizing and performing work. Assures quality of services meets internal and external customer requirements.

Serves as Lead Compensation Analyst . Working under general supervision and instruction, supports the development, implementation, execution and payment of the organization's sales compensation plans and related employee agreements. This includes calculating monthly and quarterly commission and bonus payments, preparing deposit review templates, submitting the payments to payroll via the commission administration software platform, and responding to pay inquiries from the sales reps and leaders in the field. Applies a high level of sales and financial analytical acumen. Performs moderately complex analysis and review of sales and legal requirements for the purpose of executing commission and bonus payments. Possesses and exercises strong relational database management and organizational skills.

What You'll Work On
• Manages territory alignments for the sales organization - this includes aligning the correct customer accounts to the correct sales reps in SAP, maintaining sales rep relationships and creating rep codes in SAP, establishing new rep codes and performing account alignment when new sales reps are hired or territories are restructured, and closing rep codes and moving accounts when sales reps term. Responsible for managing organization realignments and restructures. Ensures all master data accurately reflects organizational changes and manages the timing of those changes to prevent disruption of reporting capabilities.
• Analyzes internal stakeholder (Marketing, Finance, Customer Service, Sales Ops, Inventory, Rebates etc) reporting requirements and maintains accuracy of data to ensure strong internal collaboration and integration of data-sets in various systems (SAP, Microsoft Power BI and Pulse, SOHA etc.)
• Collaborate with Finance team members to evaluate requests for quota changes and revenue reallocation via the credit/rebill process. Responsible for maintaining supporting documentation for requests, reviewing with senior Finance leaders during weekly approval meetings, processing changes in SAP, and reporting back out status updates to the sales leader who initiated the request.
• Responsible for ensuring the accuracy of the customer master, sales organization hierarchy and product hierarchy for sales reporting. Analyzes new customers and new products and determines appropriate placement and attribute categorization.
• Ensures master data is accurate through proactive audits and takes action to resolve any issues. Resolves and/or facilitates resolution with IT and other key players. Identifies root cause to prevent re-occurrence. Documents and implements process improvements.
• Evaluates Rep Inventory Order (RIO) requests for adherence to policy, approves or rejects requests and provides feedback to sales reps.
• Administer and calculate commission/bonus payments for the USD Sales Compensation and Bonus Plans and per the related Employee Agreements.
• Analyze, interpret and implement USD Sales Compensation Plans and related Employee Agreements.
• Perform periodic audits of commission / bonus payments, make recommendations for improvements, and resolve discrepancies. Audit monthly commissions calculations to identify any "outliers" based on defined criteria.
• Ensures Financial, Data and Sales Compensation processes are in compliance with internal and external audit practices and documentation.
• Follows departmental policies and procedures. Identified and takes action on opportunities for process improvement.
• Provides ad-hoc master data reports to Management and to other internal customers as directed by manager.
• Provides leadership and mentoring to teammates and supports management initiatives.
• Remains current on developments in field of expertise.
• Stays current with latest software and technology advancements.

Required Qualifications
  • Bachelor's Degree in Business Administration, Information Systems or other related discipline.
  • Minimum 2 years
  • As a data/ sales analyst or equivalent. Previous related experience in a medical device company or relevant experience in a sales organization.
  • Requires demonstrated written and verbal communication, interpersonal, presentation, analytical, organizational, and follow-up skills, the ability to meet deadlines as well as the ability to converse effectively with all levels of employees.
  • Must have demonstrated personal computer skills including a intermediate knowledge of Microsoft Excel, Microsoft Access and Business Objects.
  • SAP or any ERP system experience, Advanced MS Office skills preferred.


Apply Now

Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life.

The base pay for this position is
$78,000.00 - $156,000.00
In specific locations, the pay range may vary from the range posted.

JOB FAMILY:
General / Shared Services

DIVISION:
NM Neuromodulation

LOCATION:
United States > Austin : 8701 Bee Caves Rd

ADDITIONAL LOCATIONS:

WORK SHIFT:
Standard

TRAVEL:
Not specified

MEDICAL SURVEILLANCE:
Not Applicable

SIGNIFICANT WORK ACTIVITIES:
Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day)

About Abbott

Abbott Careers

Joining Abbott means becoming part of a globally diverse team dedicated to making a lasting impact on human health. As a leader in healthcare innovation, Abbott provides a dynamic workplace where careers flourish through growth, leadership, and diversity training.

Opportunities at Abbott

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At Abbott, every role contributes to our mission of helping people live fuller lives through better health. From groundbreaking research in medical devices to advancements in pharmaceuticals, our team is at the forefront of healthcare innovation. By joining Abbott, you are not just accepting a job; you are embarking on a path of professional and personal growth.

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Abbott is dedicated to the continuous professional development of its employees. With access to cutting-edge technology, leadership programs, and diversity training, our team members are equipped to lead and innovate within the healthcare industry. We support your career journey with robust training programs, mentorship, and opportunities for networking and professional growth.

Benefits and Culture

Our employees enjoy comprehensive benefits designed to support their life and well-being. From health insurance to retirement plans, we ensure our team has everything they need to thrive. Abbott's culture is built on a foundation of respect and integrity, united by a shared commitment to improving health outcomes.

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Explore Abbott

With a commitment to improving life through innovation, leadership, and diversity, Abbott is a place where you can fulfill your potential. See what exciting and rewarding opportunities await at Abbott by exploring our career opportunities today.

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Learn more about Abbott
Size
113,000 employees
Market Cap
$189 billion
Industry
Net Income
$4.4 billion
Founded
1944
5 Year Trend
+15.6%
Revenue
$34.6 billion
NASDAQ

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