Commission Analyst: Finance Analytics & Process Automation

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

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.