Incentive Compensation Analyst II
Working Location: PENNSYLVANIA, CENTER VALLEY
Workplace Flexibility: Hybrid
For more than 100 years, Olympus has focused on making people’s lives healthier, safer and more fulfilling.
Every day, we live by our philosophy, True to Life, by advancing medical technologies and elevating the standard of patient care so people everywhere can fulfill their desires, dreams, and lives.
Our five Core Values empower us to achieve Our Purpose:
Patient Focus, Integrity, Innovation, Impact and Empathy.
Learn more about Life at Olympus: https://www.olympusamerica.com/careers.
Job Description
The Data Analyst II will work under general supervision and be expected to understand the data intricacies within various business processes along with the data requirements and integrity across multiple system solutions. The Data Analyst II will document critical master data management processes, and development of checks and balances for internal control purposes. The Data Analyst II must also support data loads and requests for master data maintenance for all business groups within OCA. This role will raise any problems or issues to higher level analysts or managers who will review work for accuracy. They will also collect, calculate, verify and report incentive compensation to the field sales force in accordance with established incentive compensation programs and guidelines.
Job Duties
- Assist in the creation of thorough documentation for all master data fields within relevant systems. MDM and Sales Compensation data.
- Support and provide input for processes that will allow for master data to be updated consistently and accurately, which will include gaining appropriate approvals.
- Communicate with all interested parties when master data is changed.
- Actively support the MDM team, who will be the central contact point for all data related issues.
- Support OCA data loads through data gathering and completion of load templates. Execution of limited data loads expected. Validate this information is accurate and in compliance with J-SOX controls.
- Gather MDM change data, provide summary level analytics and work with higher level analysts to complete robust analytics.
- Recommend changes to data structures, elements and uses to optimize the flow of information.
- Run monthly incentive compensation processes including manual sales and commission adjustments order/commission splits, transfers of sales/commissions and bonus entries.
- Finalize monthly incentive compensation payable for the Sr Manager to approve and submit to payroll for processing. Coordinate with other analysts to finalize the file and communicate to manager.
- Provide recommendations/solutions to management on process improvement and/or compensation related disputes. Help implement solutions.
- Work with various members of the sales organization to research issues and discrepancies associated with commission/bonus payouts, sales reporting, alignments, compensation plans etc.
- Gather sales compensation committee exception requests and send to Sr/Lead Analyst for the meeting.
- Assist Sales customers in reconciliation of sales credit and incentive compensation as required.
- Understand and provide input on all appropriate incentive compensation policies and SOPs creating new policies or making updates to existing policies when necessary.
- Perform other related duties as assigned.
Job Qualifications
Required:
- Ability to work independently, with general supervision, on day-to-day tasks, prioritization of work and simultaneous deliverables.
- Understanding of master data and structural relationships.
- Know when to escalate issues, seek guidance and communicate with others.
- Strong computer skills including MS Excel, MS Access and Power Point are required.
- Detail oriented with strong analytical and organizational skills.
- Strong verbal, written and interpersonal communication skills.
- Ability to work in team environment.
Preferred:
- Bachelor’s degree in Business or related field highly desired.
Minimum of 2 to 4 years of data-related analytics, finance/accounting or equivalent experience is preferred.
Why join Olympus?
We offer a holistic employee experience supporting personal and professional well-being through meaningful work, equitable offerings, and a connected culture.
Equitable Offerings you can count on:
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Competitive salaries, annual bonus and 401(k)* with company match
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Comprehensive medical, dental, vision coverage effective on start date
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24/7 Employee Assistance Program
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Free live and on-demand Wellbeing Programs
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Generous Paid Vacation and Sick Time
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Paid Parental Leave and Adoption Assistance*
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12 Paid Holidays
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On-Site Child Daycare, Café, Fitness Center**
Connected Culture you can embrace:
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Work-life integrated culture that supports an employee centric mindset
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Offers onsite, hybrid and field work environments
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Paid volunteering and charitable donation/match programs
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Employee Resource Groups
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Dedicated Training Resources and Learning & Development Programs
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Paid Educational Assistance
*US Only
**Center Valley, PA and Westborough, MA
Are you ready to be a part of our team?
Learn more about our benefits and incentives: https://www.olympusamerica.com/careers/benefits-perks.
At Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide best-in-class solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states.
For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world.
Headquartered in Tokyo, Japan, Olympus employs more than 31,000 employees worldwide in nearly 40 countries and regions. Olympus Corporation of the Americas, a wholly owned subsidiary of Olympus Corporation, is headquartered in Center Valley, Pennsylvania, USA, and employs more than 5,200 employees throughout locations in North and South America. For more information, visit www.olympusamerica.com.
You Belong at Olympus
We are deeply committed to fostering a respectful, fair, and welcoming workplace for all individuals, perspectives, and lifestyles. We believe in fostering a non-discriminatory, inclusive work environment where everyone feels a sense of belonging, in full compliance with legal standards. Empathy and unity are core to our company culture, empowering employees to contribute fully and flourish. We warmly encourage all who wish to bring their talents to Olympus to apply.
Applicants Requesting Accommodations: Olympus is committed to the full inclusion of all qualified individuals. As part of this commitment, Olympus will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact OCAAccommodations@olympus.com. If your disability impairs your ability to email, you may call our HR Compliance Manager at 1-888-Olympus (1-888-659-6787).
Let’s realize your potential, together.
It is the policy of Olympus to extend equal employment and advancement opportunity to all applicants and employees without regard to race, color, national origin (including language use restrictions), citizenship status, religious creed (including dress and grooming practices), age, sex (including pregnancy, childbirth, breastfeeding, medical conditions related to pregnancy, childbirth and/or breastfeeding), gender, gender identity and expression, sexual orientation, marital status, disability (physical or mental) and/or a medical condition, genetic information, ancestry, veteran status or service in the uniformed services, and any other characteristic protected by applicable federal, state or local law.
Posting Notes: || United States (US) || Pennsylvania (US-PA) || Center Valley || Finance & Procurement
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Business Process, Field Sales, Compensation, Management, Sales, Human Resources