What are the responsibilities and job description for the Commissions Analyst position at Philips?
Job Title
Commissions Analyst
Job Description
Job title:
Commissions Analyst
Your role:
Some of your primary responsibilities include:
Compensation Payment Processing
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
About Philips
We 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 the lives of others.
Philips Transparency Details
The hourly pay range for this position is $60- $65 plus overtime eligible. The actual base pay offered may vary depending on multiple factors including, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
Details About Our Benefits Can Be Found Here.
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.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to the job posting location.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.
Commissions Analyst
Job Description
Job title:
Commissions Analyst
Your role:
Some of your primary responsibilities include:
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
- 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
- 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
- MBA (business related degree preferred)
- 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.
We believe that we are better together than apart. For our office-based teams, this means working in-person at least 3 days per week.
Onsite roles require full-time presence in the company’s facilities.
Field roles are most effectively done outside of the company’s main facilities, generally at the customers’ or suppliers’ locations.
About Philips
We 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 the lives of others.
- Learn more about our business.
- Discover our rich and exciting history.
- Learn more about our purpose.
Philips Transparency Details
The hourly pay range for this position is $60- $65 plus overtime eligible. The actual base pay offered may vary depending on multiple factors including, job-related knowledge/skills, experience, business needs, geographical location, and internal equity.
Details About Our Benefits Can Be Found Here.
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.
Additional Information
US work authorization is a precondition of employment. The company will not consider candidates who require sponsorship for a work-authorized visa, now or in the future.
Company relocation benefits will not be provided for this position. For this position, you must reside in or within commuting distance to the job posting location.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.
This requisition is expected to stay active for 45 days but may close earlier if a successful candidate is selected or business necessity dictates. Interested candidates are encouraged to apply as soon as possible to ensure consideration.
Philips is an Equal Employment and Opportunity Employer/Disabled/Veteran and maintains a drug-free workplace.
Salary : $60 - $65
