Variable Compensation Program Lead

Siemens Healthineers in; Malvern (Chester County); On-site; USD 118,000 - 162,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Life insurance

Long-term disability

Short-term disability

Paid parking/public transportation

Paid time off

Paid sick and safe time

Job summary

Siemens Healthineers is seeking a Variable Compensation Program Lead (Finance) to manage the global and regional variable pay processes. The role requires collaboration with global finance, HR, and operations to ensure accurate payments and robust controls.

You will analyze compensation data, generate insightful reports, and participate in rollout projects, including new IT architecture like Workday and cloud platforms such as Snowflake.

Qualifications

• Bachelor's degree or comparable training and knowledge.
• CCP and GRP certifications are preferred.
• Experience in an international environment, cross-functional and cross-cultural teams.
• Help implement new variable pay system and cloud-based data platform (i.e., Snowflake), and support Workday Compensation delivery topics.

Responsibilities

• Manage and administer the variable pay process for regional and global business areas through consultation with global financial and divisional functions.
• Be the primary point of contact for all variable pay-related inquiries and issue resolution.
• Develop and implement internal controls for audits of employee variable pay participation, modeling, and payment.
• Analyze data, provide reporting, and participate in projects in the area of compensation.
• Collaborate with the Americas and Global Compensation teams to implement and help design/communicate global compensation programs to align with business strategy in North America.
• Partner with HR Operations to ensure accuracy and integrity of compensation data in HRIS and identify process improvement opportunities.
• Actively support HR team members and cross-functional partners and look for opportunities to improve processes, policies, and service levels.
• Support the implementation of a new IT architecture for the business (i.e. Workday)

Skills

Analytical skills

Power BI

Workday

Excel

PowerPoint

Access

English fluency

Education

Bachelor's degree

Tools

Workday

Power BI

Excel

PowerPoint

Access

Snowflake

Job description

Variable Compensation Program Lead (Finance)

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.

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

Your role:

• You will manage and administer the variable pay process for regional and global business areas through consultation with global financial and divisional functions'
• You will be the primary point of contact for all variable pay-related inquiries and issue resolution.
• You will develop and implement internal controls for audits of employee variable pay participation, modeling, and payment.
• You will analyze data, provide reporting, and participate in projects in the area of compensation.
• You will collaborate with the Americas and Global Compensation teams to implement and help design/communicate global compensation programs to align with business strategy in North America.
• You will partner with HR Operations to ensure accuracy and integrity of compensation data in HRIS and identify process improvement opportunities.
• You will actively support HR team members and cross-functional partners and look for opportunities to improve processes, policies, and service levels.
• You will support the implementation of a new IT architecture for the business (i.e. Workday)

This position may suit you best if you are familiar with what is below, and would like to do develop your career with Healthineers:

Your expertise:

• You bring relevant working experience in Compensation and have a sound knowledge of compensation-related topics, especially in the United States.
• You have a proven track record supporting compensation concepts and programs.
• You have strong analytical skills, attention to detail, and technical aptitude combined with the ability to work independently or collaboratively.
• You are highly skilled in project management, Microsoft Office (Word, Excel, PowerPoint, Access), Workday, Power BI, and fluent in English.

Required skills to have for the success of this role

• Bachelor's degree or comparable training and knowledge
• CCP and GRP certifications are preferred
• Experience in working in an international environment, cross-functional and cross-cultural teams
• Help implement new variable pay system and cloud-based data platform (i.e., Snowflake), and support Workday Compensation delivery topics

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.

To find out more about Siemens Healthineers businesses, please visit our company page here.

The base pay range for this position is:

$117,770 - $161,931

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 Affirmative 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.

EEO is the 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.

California Privacy Notice:

California residents have the right to receive additional notices about their personal information. To learn more, click here.

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."