Sales Commissions AnalystIn this role, you have the opportunity to help design, administer and drive key processes, tools and data sets to facilitate sales planning decision making, commissioning setup and execution, as well as performance reporting, commissions analysis, and strategic planning activities specific to compensation plans and the integration of new initiatives into key reporting processes or compensation plans across multiple Sales organizations.Additionally, you will also play a key role in driving the ongoing sales information management to enable commissioning and identify opportunities to optimize existing processes to enhance the timeliness and quality of commission’s execution. You will be a key member of the Sales Planning & Compensation team.Your role:Compensation Payment Processing
Thoroughly understand compensation plans to ensure payments are accurate and in compliance
Interface with sales management, sales operations, data providers and Customer Fulfillment Center team to review and analyze data to ensure sales reps are accurately credited for their sales transactions
Responsible for monthly and quarterly sales compensation reconciliations, using both Excel and compensation tool
Compensation Auditing and Issue Resolution
Partner with key stakeholders in cross-functional teams to coordinate efforts in researching, addressing and resolving compensation disputes, and apply new processes to avoid further discrepancies
Responsible for issue escalations and response to sales teams on inquiries as requested, ensuring issue and error resolution
Support audit deliverables related to compensation payouts and provide assistance related to Sarbanes-Oxley testing of sales compensation processes
Correspond with VP's, Directors, Managers and Payees regarding payments and administration of the governing plans
Compensation Process and Tools Management/Continuous Improvement
Support the overall sales compensation process, which includes but is not limited to working with consulting services team in configuring plans in compensation system, maintaining the compensation database to ensure that all data required (i.e. Target Incentive, Salary, Quotas, Revenue, crediting rules…) for all plan participants are up-to-date and accurate
Make recommendations for changes to compensation systems to ensure timely and accurate payments
Identify data sources and opportunities for additional automation and/or process streamlining
Actively participate in User Acceptance Testing activities associated with new plan implementations to ensure that systems are properly configured when adjustments are made to current compensation plans or new compensation plans are implemented
You're the right fit if:
Bachelors’ degree (business related degree preferred)
3+ years of Sales Analytics experience with the ability to perform complex analysis
Must thrive in a fast-paced environment requiring a high level of collaboration and communication
Self-starter with a flexible work style, adaptable to internal and external customer requirements
Excellent interpersonal skills with the ability to interact effectively within a matrixed environment and engage at all organizational levels
Strong analytical and problem-solving skills with a solutions-oriented approach to challenges
Exceptional communication and organizational skills
Demonstrated commitment to accuracy and quality while meeting goals and deadlines
Advanced user of Excel (v-lookups, pivots, etc.) with well-developed data analysis skills
Experience in using the following tools: Access, SAP, OneBI, Oscar, Power BI (or Tableau), Anaplan, etc.
You must be able to successfully perform the following minimum Physical, Cognitive and Environmental job requirements with or without accommodation for this position .
Your teamYou will be reporting to the Senior Manager of Sales Compensation Operations, you will work with a team of other Sales Commission Analyst and interface with Sales Management, Sales Operations and the Customer Fulfillment Center team as well as other internal Philips customers.Additional informationUS work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa.Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to Nashville , TN or Cambridge, MA .About PhilipsWe are a health technology company. We built our entire company around the belief that every human matters, and we won't stop until everybody everywhere has access to the quality healthcare that we all deserve. Do the work of your life to help improve the lives of others.
Learn more about our business (https://www.philips.com/a-w/about.html) .
Discover our rich and exciting history. (https://www.philips.com/a-w/about/our-history.html)
Learn more about our purpose. (https://www.philips.com/a-w/about/environmental-social-governance/our-purpose)
Read more about our employee benefits (https://www.careers.philips.com/na/en/best-employee-benefits) .
If you’re interested in this role and have many, but not all, of the experiences needed, we encourage you to apply. You may still be the right candidate for this or other opportunities at Philips. Learn more about our commitment to diversity and inclusion here (https://www.careers.philips.com/global/en/diversity-and-inclusion) .Philips Transparency DetailsThe pay range for this position is $60,000 to $120,000, annually. The actual base pay offered may vary depending on multiple factors including, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.In addition, other compensation, such as an annual incentive bonus, sales commission or long-term incentives may be offered. Employees are eligible to participate in our comprehensive Philips Total Rewards benefits program, which includes a generous PTO, 401k (up to 7% match), HSA (with company contribution), stock purchase plan, education reimbursement and much more. Details about our benefits can be found here (https://www.careers.philips.com/na/en/best-employee-benefits) .At Philips, it is not typical for an individual to be hired at or near the top end of the range for their role and compensation decisions are dependent upon the facts and circumstances of each case.It is the policy of Philips to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status or a person’s relationship or association with a protected veteran, including spouses and other family members, marital or domestic partner status, or any other category protected by federal, state and/or local laws.As an equal opportunity employer, Philips is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact 888-367-7223, option 5, for assistance.Equal Employment and Opportunity Employer/Disabled/Veteran