Sr. Incentive Compensation Analyst

Req ID: 9294

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.

**Please note: All correspondence will be sent from our Olympus domain (@Olympus.com). If you receive correspondence from an entity other than @Olympus.com, it is likely not legitimate.

Job Description

The Sr. Incentive Compensation Analyst calculates, verifies and reports incentive compensation to the field sales force in accordance with established incentive compensation programs and guidelines. They manage, maintain and pay compensation on a moderate number of complex compensation plans and components.

Job Duties

Maintain the incentive compensation system, including records of sales force hierarchy, quotas, draws, and territory alignments.
Lead monthly incentive compensation processes, including manual sales and commission adjustments, order/commission splits, transfers of sales/commission crediting and bonus and/or promotional calculations and entries.
Finalize monthly incentive compensation payable for the Manger of Incentive Compensation to approve and submit to payroll for processing in accordance with payroll deadlines. Coordinate with other analysts to finalize the file and communicate to manager.
Liaises with IT to institute logic changes, system enhancements and updates to incentive compensation system, including testing and validation of said changes.
Engage with customers to research and accurately resolve commission and/or bonus payment related inquiries.
Accountable for maintaining a high level of customer service, eliminating waste, and driving continuous process improvement.
Gather sales compensation committee exception requests from other analysts, review for completeness.
Execute necessary controls/processes for JSOX compliance, JSOX and audit.
Moderate number of complex compensation plans.
Acts as "Help Desk" personnel working with various members of the sales organization to research issues and discrepancies associated with commission/bonus payouts, sales reporting, alignments, compensation plans, etc.
Assist Sales customers in reconciliation of sales credit and commission as required.
Act as secretary of the sales compensation committee. The committee is comprised of high level leadership.
Build, run and distribute requested ad hoc sales reports as requested.
Analyze sales data, customer data, commission history, compensation plans, and other key metrics.
Use queries and Business Objects reporting tools to create sales reports and analyze data.
Complete thorough testing and validation of year over year compensation plan changes ensuring incentive calculations are working appropriately in the ICM for the new plan year.
Manage and maintain all appropriate incentive compensation policies and SOPs creating new policies or making updates to existing policies when necessary. Execute annual review of documentation.
Act as senior consultant for the compensation team across divisions, business units and cross-functionally.
Subject matter expert of commission process and POC when Manager is unavailable.
Functional Lead in support of implementation of third party.
Work with IT to program commission system, prioritize projects and troubleshoot projects.
Configure more complex system set up and maintain compensation plan components.
Perform other related duties as assigned

Job Qualifications

Required:

Bachelor’s degree in business or related field required.
Minimum 5-7 years of Sales Compensation Finance Accounting or related experience

Preferred:

Excellent verbal, written and interpersonal communication skills.
Excellent analytical and organization skills,
Detail oriented,
Ability to work in a team environment, and
Excellent understanding of technical systems and logic.

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:

Competitive salaries, annual bonus and 401(k)* with company match
Comprehensive medical, dental, vision coverage effective on start date
24/7 Employee Assistance Program
Free live and on-demand Wellbeing Programs
Generous Paid Vacation and Sick Time
Paid Parental Leave and Adoption Assistance*
12 Paid Holidays
On-Site Child Daycare, Café, Fitness Center**

Connected Culture you can embrace:

Work-life integrated culture that supports an employee centric mindset
Offers onsite, hybrid and field work environments
Paid volunteering and charitable donation/match programs
Diversity Equity & Inclusion Initiatives including Employee Resource Groups
Dedicated Training Resources and Learning & Development Programs
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 benefit and incentives.

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.

Olympus is dedicated to building a diverse, inclusive and authentic workplace

We recognize diversity in people, views and lifestyle choices and emphasize the importance of inclusion and mutual respect. We strive to continue to foster empathy and unity in the workplace so that our employees can fully contribute and thrive.

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.

Applicants with Disabilities:

As a Federal Contractor, Olympus is committed to ensuring our hiring process is accessible to everyone. If you need an accommodation in order to complete the application or hiring process, please contact Olympus via email at 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).

Posting Notes: || United States (US) || Pennsylvania (US-PA) || Center Valley || Finance & Procurement

Job Segment: Compensation, Business Process, Field Sales, Help Desk, Information Technology, Human Resources, Management, Sales, Technology

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