Sales Compensation Analyst II NM
Boston Scientific
Additional Location(s): US-MN-Maple Grove
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 administration for the Interventional Spine (IVS) franchise. 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 administer and maintain compensation plans that drive business performance and overall sales strategy. The Sales Compensation Analyst will also assist in roster management and field sales system hierarchy. 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 ensure the accuracy of all compensation data such as employee data, revenue performance, account alignments, compensation rates, etc.
Your Responsibilities include:
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Collaborates with finance, sales leadership, marketing, IT and other sales operations functions to deliver on commercial strategies and drive a continuous improvement culture.
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Responsible for the administration and validation of employee data, sales hierarchy, IVS monthly/quarterly/annual commissions.
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Partners with Center of Excellence to execute monthly validation audits to ensure 100% accurate commissions calculations.
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Assists in the commission audit of monthly financial accruals.
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Process monthly and quarterly commission adjustments and exceptions.
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Consults on sales compensation system enhancements and modifications. This includes the layout, testing, documentation and validation of plan changes and commission calculation accuracy.
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Assists with administration of sales incentive plans and contests.
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Monitors and ensures compliance with company policies/procedures, federal, state, & local compensation laws & regulations.
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Conducts ad hoc analysis as requested.
What we’re looking for in you:
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Bachelor’s degree in Accounting, Finance, or related field.
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Strong attention to detail and strong organizational skills.
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Minimum of 1-2 years of Sales Compensation experience.
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Advanced Excel experience.
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Ability to be both a team player and work independently.
Preferred Qualifications
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Anaplan software experience
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Sales Operations experience
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Medical Industry experience
Requisition ID: 621502
Minimum Salary: $58200
Maximum Salary: $110500
The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com—will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.
Compensation for non-exempt (hourly), non-sales roles may also include variable compensation from time to time (e.g., any overtime and shift differential) and annual bonus target (subject to plan eligibility and other requirements).
Compensation for exempt, non-sales roles may also include variable compensation, i.e., annual bonus target and long-term incentives (subject to plan eligibility and other requirements).
For MA positions: It is unlawful to require or administer a lie detector test for employment. Violators are subject to criminal penalties and civil liability.
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 Corporation has been and will continue to be an equal opportunity employer. To ensure full implementation of its equal employment policy, the Company will continue to take steps to assure that recruitment, hiring, assignment, promotion, compensation, and all other personnel decisions are made and administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, gender expression, veteran status, age, mental or physical disability, genetic information or any other protected class.
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.