Commission Analyst

Siemens Healthineers; Malvern (Chester County); On-site; USD 96,000 - 131,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Life insurance

Long-term disability

Paid time off

Paid sick and safe time

Job summary

Siemens Healthineers is seeking a Commission Analyst to join the Commissions team in Malvern, PA. This role partners with Field Sales and multiple business lines to drive accurate commission reporting, analysis, and payments.

You will own monthly/quarterly data packages, validate plans, and communicate findings to Sales leadership. A finance or accounting background with strong Excel/SQL skills is required.

Qualifications

• BS/BA in Finance, Accounting, Systems Analyst or related degree with minimum of 7+ years' experience in finance/controlling/accounting/database management.
• Strong analytical skills including the ability to synthesize quantitative and qualitative data through logical and sound reasoning skills to resolve complex issues.
• Experience building financial models as well as reporting and analyzing related commission payments.
• Ability to pick up new concepts and systems quickly.
• Ability to work in a fast-paced business environment with changing priorities.
• Experience with SAP, Varicent or Database software (Access or other similar product) or SQL knowledge.
• Business Objects and data mining experience is preferred.
• Strong systems aptitude and proficiency, including expert Excel skills and strong proficiency with Power Point and Think Cell.
• Experience in process improvement and data analysis in a complex environment.
• Ability to form relationships and collaborate with Sales and Business Lines.
• Ability to communicate, present and explain complex commission issues to Sr Sales Executives, Managers and Field Sales.
• Preferred experience and proficiency with QlikView, QlikSense or VBA experience for data modeling and visualization preferred.

Responsibilities

• Create and maintain Commission performance reporting for Finance and reconciliation of commission statements.
• Perform budget/actual variance analysis and identify effectiveness of targets and achievement.
• Create, analyze, comment, and distribute Key commission Data package during monthly and quarterly closing process.
• Process monthly and quarterly commission payments.
• Understand ins and outs of Commission plans and components to effectively validate incoming data.
• Provide 5 Why or any other root cause analysis on systematic and process errors to permanently correct.
• Take initiative to streamline, automate and develop new processes to improve accuracy and improve outcomes.
• Participate on the annual compensation process.
• Prepare monthly/quarterly reporting for each plan.
• Analyze and communicate performance to Sales leadership and managers on a quarterly basis.
• Prepare visual presentation of key performance parameters on assigned plans.
• Articulate technical issues as well as provide solutions to the different stakeholders/organizations.

Skills

Strong analytical skills

Excel

PowerPoint

Think Cell

SQL knowledge

Data mining

Communication

Relationship building

Analytical modeling

Process improvement

Cross-functional collaboration

Data visualization

Education

BS/BA in Finance, Accounting, Systems Analyst or related degree

Tools

SAP

Varicent

Access

SQL

Job description

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

The Commission Analyst will be a key contributor to the Commissions team. Commissions is a fast paced and challenging environment in which you will be able to use your analytical, communication, conflict resolution and problem-solving skills on a daily basis. Reporting to the Commissions Director, it affords you the opportunity to take initiative and drive change to existing concepts and methodologies. This position affords you the opportunity to work with Field Sales, management and multiple business lines within Healthineers. You will also interact with other departments within Healthineers including MSC, Sales and various operational areas. This position offers a great opportunity to expand your knowledge of the business from inside the organization and develop relationships within the businesses you support!

This is a role well suited to an ambitious professional, looking for the next step in their career. As a Commission Analyst, will be responsible for

• Create and maintain Commission performance reporting for Finance and reconciliation of commission statements
• Perform budget/actual variance analysis and identify effectiveness of targets and achievement
• Create, analyze, comment, and distribute Key commission Data package during monthly and quarterly closing process
• Process monthly and quarterly commission payments
• Understand ins and outs of Commission plans and components to effectively validate incoming data
• Provide 5 Why or any other root cause analysis on systematic and process errors to permanently correct
• Take initiative to streamline, automate and develop new processes to improve accuracy and improve outcomes
• Participate on the annual compensation process
• Prepare monthly/quarterly reporting for each plan
• Analyze and communicate performance to Sales leadership and managers on a quarterly basis
• Prepare visual presentation of key performance parameters on assigned plans
• Articulate technical issues as well as provide solutions to the different stakeholders/organizations.

Required skills to have for the success of this role

• BS/BA in Finance, Accounting, Systems Analyst or related degree with minimum of 7+ years' experience in finance/controlling/accounting/database management
• Strong analytical skills including the ability to synthesize quantitative and qualitative data through logical and sound reasoning skills to resolve complex issues
• Experience building financial models as well as reporting and analyzing related commission payments
• Ability to pick up new concepts and systems quickly
• Ability to work in a fast-paced business environment with changing priorities
• Experience with SAP, Varicent or Database software (Access or other similar product) or SQL knowledge.
• Business Objects and data mining experience is preferred
• Strong systems aptitude and proficiency, including expert Excel skills and strong proficiency with Power Point and Think Cell.
• Experience in process improvement and data analysis in a complex environment
• Ability to form relationships and collaborate with Sales and Business Lines
• Ability to communicate, present and explain complex commission issues to Sr Sales Executives, Managers and Field Sales
• Preferred experience and proficiency with QlikView, QlikSense or VBA experience for data modeling and visualization preferred

Who we are

We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work

When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual's potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world's most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

The base pay range for this position is:

$95,590 - $131,439

Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.

If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.

The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan. life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.

Equal Employment Opportunity Statement

Siemens Healthineers is an Equal Opportunity and Affluent Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

Applicants and employees are protected under Federal law from discrimination.

Reasonable Accommodations

Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form. If you're unable to complete the form, you can reach out to our HR People Connect People Contact Center for support at [e-mail]. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.

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Export Control

A successful candidate must be able to work with controlled technology in accordance with US export control law. It is Siemens Healthineers' policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.

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