Sr. Incentive Compensation Analyst

Website Olympus

Olympus, a leading medical technology company, has focused on making people’s lives better for over 100 years.

Our Purpose is to make people’s lives healthier, safer, and more fulfilling.

Our Core Values are reflected in all we do: Integrity – Empathy – Agility – Unity – Long-Term View

We deliver on our purpose and our core values by staying True to Life.

Job Description

The Sr. Incentive Compensation Analyst calculates, verifies and reports incentive compensation to the field sales force in accordance with established incentive compensation programs and guidelines.  They manage, maintain and pay compensation on a moderate number of complex compensation plans and components.

Job Qualifications

  • Lead monthly incentive compensation processes, including manual sales and commission adjustments, order/commission splits, transfers of sales/commission crediting and bonus and/or promotional calculations and entries.
  • Finalize monthly incentive compensation payable for the Manger of Incentive Compensation to approve and submit to payroll for processing in accordance with payroll deadlines.  Coordinate with other analysts to finalize the file and communicate to manager.
  • Engage with customers to research and accurately resolve commission and/or bonus payment related inquiries.
  • Provide recommendations/solutions to management on process improvement and/or compensation related disputes.  Assist in solution implementation.
  • Execute necessary controls/processes for JSOX compliance.
  • Moderate number of complex compensation plans.
  • Acts as “Help Desk” personnel working with various members of the sales organization to research issues and discrepancies associated with commission/bonus payouts, sales reporting, alignments, compensation plans, etc.
  • Assist Sales customers in reconciliation of sales credit and commission as required.
  • Act as secretary of the sales compensation committee. The committee is comprised of high level leadership.
  • Build, run and distribute requested ad hoc sales reports as requested.
  • Analyse sales data, customer data, commission history, compensation plans, and other key metrics.
  • Use queries and Business Objects reporting tools to create sales reports and analyse data.
  • Complete thorough testing and validation of year over year compensation plan changes ensuring incentive calculations are working appropriately in the ICM for the new plan year.
  • Manage and maintain all appropriate incentive compensation policies and SOPs creating new policies or making updates to existing policies when necessary. Execute annual review of documentation.
  • Act as senior consultant for the compensation team across divisions, business units and cross-functionally.
  • Configure more complex system set up and maintain compensation plan components.
  • Perform other related duties as assigned.

Job Requirements

Required:

  • Bachelor’s degree in business or related field required.
  • Minimum 5-7 years of Sales Compensation Finance Accounting or related experience

Preferred:

  • Excellent skills documenting sales compensation related policies and business processes.
  • Detailed understanding of sales compensation plans, data and systems.
  • Advanced computer skills including MS Excel, MS Access and Powerpoint.
  • Ability to understand how master data facilitates transactions, how data flows through an ERP system and into compensation system.
  • Experience with J-SOX or other controls is preferred.

Why join Olympus?

Here, people matter—our health, our happiness, and our lives.

  • Competitive salaries, annual bonus and 401(k)* with company match
  • Comprehensive Medical, Dental, Visions coverage effective on start date
  • 24/7 Employee Assistance Program
  • Free virtual live and on-demand wellness classes
  • Work-life balance supportive culture with hybrid and remote roles
  • 12 Paid Holidays
  • Educational Assistance
  • Parental Leave and Adoption Assistance
  • Volunteering and charitable donation match programs
  • Diversity & Inclusion Programs including Colleague Affinity Networks
  • On-Site Child Daycare, Café, Fitness Center**

*US Only

**Limited locations

We care about your health and financial well-being and offer the resources you need to feel vital, confident and ready for wherever life takes you. Learn more about our benefit offerings at https://www.olympusamerica.com/careers/benefits-perks.

About us:

Our Medical business uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce costs, and enhance the quality of life for patients and their safety.

Headquartered in Tokyo, Japan, Olympus employs more than 31,000 employees worldwide in nearly 40 countries and regions. Olympus Corporation of the Americas, a wholly owned subsidiary of Olympus Corporation, is headquartered in Center Valley, Pennsylvania, USA, and employs more than 5,200 employees throughout locations in North and South America.  For more information, visit www.olympusamerica.com.

Olympus is dedicated to building a diverse, inclusive and authentic workplace

We recognize diversity in people, views and lifestyle choices and emphasize the importance of inclusion and mutual respect. We strive to continue to foster empathy and unity in the workplace so that our employees can fully contribute and thrive.

Let’s realize your potential, together.

It is the policy of Olympus to extend equal employment and advancement opportunity to all applicants and employees without regard to race, color, national origin (including language use restrictions), citizenship status, religious creed (including dress and grooming practices), age, sex (including pregnancy, childbirth, breastfeeding, medical conditions related to pregnancy, childbirth and/or breastfeeding), gender, gender identity and expression, sexual orientation, marital status, disability (physical or mental) and/or a medical condition, genetic information, ancestry, veteran status or service in the uniformed services, and any other characteristic protected by applicable federal, state or local law.

Applicants with Disabilities: As a Federal Contractor, Olympus is committed to ensuring our hiring process is accessible to everyone. If you need an accommodation in order to complete the application or hiring process, please contact Olympus via email at OCAAccommodations@olympus.com. If your disability impairs your ability to email, you may call our HR Compliance Manager at 1-888-Olympus (1-888-659-6787).

Posting Notes: || United States (US) || Pennsylvania (US-PA) || Center Valley || Human Resources

To apply for this job please visit careers.olympusamerica.com.