Incentive Program Analyst

Medline Industries, LP; Illinois; On-site; USD 63,000 - 93,000; Full time

Job summary

A leading company in medical equipment manufacturing seeks a Program Analyst to manage and analyze the Formula bonus program results. This role involves tracking employee KPIs and providing insights for compensation processes. Ideal candidates will have strong financial analysis skills and advanced Excel expertise, fostering process improvements and ensuring accurate reporting.

Benefits

Health insurance

401(k) contributions

Paid time off

Continuing education & training

Diversity and inclusion initiatives

Qualifications

• Minimum 2 years in compensation, audit, or financial analysis.
• Strong Excel skills including SUMIFS, VLOOKUP, and pivot tables.
• Ability to manage multiple projects and deadlines.

Responsibilities

• Process and audit quarterly Formula bonuses for employees.
• Create and distribute monthly performance reports.
• Audit and maintain integrity of source documents for calculations.

Skills

Advanced Excel skills

Financial analysis

Compensation management

Education

High school diploma

Bachelor’s degree in Accounting or Finance

Tools

SAP

SQL

Alteryx

Power Pivot

Job description

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Pay found in job post

Retrieved from the description.

Base pay range

$63,960.00/yr - $92,560.00/yr

Job Summary

Job Description

JOB SUMMARY: Provide a brief description of why the job exists.

Calculate and analyze corporate Formula bonus program results and payouts. Serve as point of contact for all employees (including senior leadership) regarding the Formula bonus program.

CORE JOB RESPONSIBILITIES: List the essential job responsibilities in descending order of importance.

• Compile, process and audit quarterly Formula bonuses for a large corporate employee group.
  
  

1a.Track and calculate results for employee specific KPI’s (Sales, Profitability, etc.) on a quarterly basis.

1b. Process, update and adjust for changes in employee compensation to maintain accurate Formula bonus details.

• Create and distribute monthly performance reports with all supporting documents. This will include fielding questions from employees and management.
• Audit and maintain the integrity of source documents used in Formula bonus calculations. Reconcile data provided; escalate reconciliation issues with manager.
• Identify and present opportunities for process improvement; automate Formula bonus worksheets for assigned areas.
• Calculate monthly Formula bonus accruals for assigned areas.
• Other Finance duties as assigned.
  
  

BASIC QUALIFICATIONS:

Education

High school diploma.

Relevant Work Experience

At least 2 years of work experience in one or more of the following fields: compensation, internal audit, financial analysis and/or accounting.

Additional:

Advanced level skill in Microsoft Excel, including the use of the following functions: SUMIFS, nested IF statements, V/XLOOKUP and leveraging pivot tables).

Experience in controlling and coordinating concurrent projects, competing priorities and critical deadlines

Experience taking the steps to ensure the assignment/project is accomplished within tight timeframes.

PREFERRED QUALIFICATIONS:

Education

Bachelor’s degree in Accounting or Finance.

Relevant Work Experience

Experience working with incentive compensation environment.

Medline work experience.

Additional

SAP experience.

SQL, Alteryx or Power Pivot experience.

Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.

The Anticipated Salary Range For This Position:

$63,960.00 - $92,560.00 Annual

The actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.

Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For a more comprehensive list of our benefits please click here. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp.

We’re dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here.

Medline Industries, LP is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Business Development and Sales

• Industries

  Medical Equipment Manufacturing

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