Sales Compensation Analyst III, Neuromodulation, Valencia CA

Boston Scientific; California (MO); On-site; USD 70,700 - 134,300; Full time

Job summary

A leading medical technology company is seeking a Sales Compensation Analyst based in Valencia, CA. This role involves supporting sales compensation for a team of over 500 representatives. Responsibilities include collaborating with various departments, managing compensation plans, and ensuring accuracy of compensation data. Candidates should have a Bachelor’s degree in Accounting, Finance, or related field, along with 3-5 years of Sales Compensation experience and strong attention to detail. The salary range is between $70,700 - $134,300.

Qualifications

• Minimum of 3-5 years in Sales Compensation experience.
• Strong attention to detail and strong organizational skills are required.
• Ability to be both a team player and work independently.

Responsibilities

• Collaborates with finance, sales leadership, marketing, and IT.
• Responsible for the administration and validation of employee data.
• Partners to execute monthly validation audits for accurate commissions calculations.
• Assists in commission audit of monthly financial accruals.
• Processes monthly and quarterly commission adjustments.

Skills

Sales Compensation experience

Advanced Excel

Attention to detail

Organizational skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Tools

Anaplan software

Job description

Additional Location(s): US-CA-Valencia

About the role

This role will work on the Neuromodulation team supporting compensation of over 500 US sales representatives. 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 build and maintain compensation plans that drive business performance and overall sales strategy. The Sales Compensation Analyst will also assist in setting field sales quotas and manage the quarterly alignment process. 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 ensuring the accuracy of all compensation data such as employee data, revenue performance, account alignments, compensation rates, etc.

Your Responsibilities include:

• Collaborates with finance, sales leadership, marketing, IT and other sales operations functions to deliver on commercial strategies and drive a continuous improvement culture.
• Responsible for the administration and validation of employee data, sales hierarchy, and account/physician alignments.
• Partners with Center of Excellence to execute monthly validation audits to ensure 100% accurate commissions calculations.
• Assists in the commission audit of monthly financial accruals.
• Process monthly and quarterly commission adjustments and exceptions.
• Consults on sales compensation system enhancements and modifications. This includes the layout, testing, documentation and validation of plan changes and commission calculation accuracy.
• Works with Finance and Sales Leadership to align on quarterly field sales quota. Owns quota setting process from start to finish.
• Assists with development and design of sales incentive plans and contests. Leads the modeling efforts to analyze impacts of proposed changes and total compensation spend.
• Analyzes sales incentive plan and quota setting effectiveness.
• Monitors and ensures compliance with company policies/procedures, federal, state, & local compensation laws & regulations.
• Conducts ad hoc modeling and analysis as requested.

What we’re looking for in you

• Bachelor’s degree in Accounting, Finance, or related field.
• Strong attention to detail and strong organizational skills.
• Minimum of 3-5 years of Sales Compensation experience.
• Advanced Excel experience.
• Ability to be both a team player and work independently.

Preferred Qualifications

• Anaplan software experience
• Sales Operations experience
• Medical Industry experience

This position is based in Valencia, CA with a salary range between $70,700 - $134,300

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 identify, gender expression, veteran’s status, age, mental or physical disability, genetic information or any other protected class.

Boston Scientific maintains a prohibited substance free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

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.