Sales Compensation Analyst III, Neuromod

$70,700 - $134,300/Yr

Boston Scientific - Santa Clarita, CA

Full-time - Mid Level

Santa Clarita, CA

1,001-5,000 employees

Miscellaneous Manufacturing

About the position

The Sales Compensation Analyst III position at Boston Scientific is a pivotal role within the Neuromodulation team, focusing on the compensation of over 500 US sales representatives. This hybrid position, based in Valencia, CA, offers the opportunity to collaborate with high-performing teams across various functions including sales strategy, field training, finance, and compensation. The analyst will play a crucial role in building and maintaining compensation plans that align with business performance and sales strategies. This includes setting field sales quotas and managing the quarterly alignment process, ensuring that all compensation data is accurate and up-to-date. In this role, the Sales Compensation Analyst will be responsible for the administration and validation of employee data, sales hierarchy, and account/physician alignments. They will partner with the Center of Excellence to execute monthly validation audits, ensuring 100% accuracy in commission calculations. The analyst will also assist in the commission audit of monthly financial accruals and process monthly and quarterly commission adjustments and exceptions. Additionally, they will consult on enhancements to the sales compensation system, including layout, testing, documentation, and validation of plan changes. The position requires a strong analytical mindset, as the analyst will lead modeling efforts to analyze the impacts of proposed changes and total compensation spend. They will also monitor compliance with company policies and federal, state, and local compensation laws and regulations. Conducting ad hoc modeling and analysis as requested will be part of the responsibilities, making this a dynamic and engaging role for someone with a passion for sales compensation and analytics.

Responsibilities

• 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.
• Processes monthly and quarterly commission adjustments and exceptions.
• Consults on sales compensation system enhancements and modifications, including 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 and owns the 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.

Requirements

• 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.

Nice-to-haves

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