Job Information
ThermoFisher Scientific Sales Compensation Analyst in Carlsbad, California
Work Schedule
Standard (Mon-Fri)
Environmental Conditions
Office
Job Description
As part of the Thermo Fisher Scientific team, you’ll discover meaningful work that makes a positive impact on a global scale. Join our colleagues in bringing our Mission to life every single day to enable our customers to make the world healthier, cleaner and safer. We provide our global teams with the resources needed to achieve individual career goals while helping to take science a step beyond by developing solutions for some of the world’s toughest challenges, like protecting the environment, making sure our food is safe or helping find cures for cancer.
Location/Division Specific Information
This role is part of the Instrument and Chromatography and Mass Spectrometry Division and will be reporting to the Manager, Sales Operations.
Discover Impactful Work
The Sales Operations Analyst, will support North America Regions by managing, calculating, analyzing and reporting variable sales compensation for our sales and sales adjacent teams. This role supports the Sales, Finance, and Accounting teams in structuring, delivering and analyzing all compensation plans for our commissionable employees. This role provides timely delivery of accrual reporting, the accurate calculation of commission payments, and the auditing of various metrics to ensure a high level of data integrity. This individual is also responsible for the maintenance of the compensation models and for generating analysis around compensation plan attainment and performance.
This is a fast-paced environment that requires the ability to multitask and meet compensation deliverables timely, superb analytical skills, and effectively collaborate with others within the company.
A Day in the life
Own Incentive Compensation calculation for sales personnel based on commission plan provisions and ensure accuracy and completeness
Support the sales compensation plan design for all members of the commercial team ranging from Sales Account Manager through Sales Director
Facilitate the process to distribute Annual Sales Incentive Plans (SIP) and individual quota assignment
Collaborate with the Sales Operations to review quarterly incentive compensation payouts and requested adjustments
Submit approved Incentive Compensation payouts to various local entities
Support the sales team and sales operations team with the weekly/monthly reporting. This includes but is not limited to the month end commercial reporting, Salesforce.com metric reporting as well as preparing compensation data for review and approval by the Sr. Manager, Sales Compensation
Design and buildout enhancements to the commission software tool
Proactively find opportunities for change, operational improvement, and system enhancements
Responsible for special projects that support the critical initiatives of the Americas sales organization
Support the sales territory management process
Provide ad-hoc reporting as requested by the members of sales operations and commercial teams using Business Intelligence reporting capabilities.
Work cross functionally with other departments to ensure timely completeness of payment amounts
Work with partners to research and resolve commission issues
Generate internal documentation on compensation plans, reporting guidelines and compensation related FAQs and handle employee inquiries
Keys to Success
Education
Bachelor’s degree in business, Economics, Finance, Accounting or related field
MBA Preferred
Experience
3+ years of strong analytical experience in financial planning, business analysis, compensation/ commissions reporting
Salesforce experience is preferred
Xactly Incent or similar ICM system required
Knowledge, Skills, Abilities
Strong financial acuity, including familiarity with concepts of forecasting, budgeting and variance analysis
Data management experience and ability to handle large sets of data and accurate reports
Highly analytical and possess a strong business sense
Organized multitasker: you prioritize your workload, in a fast-paced, high-growth environment,
Strong team building skills working with a diverse group of people, even if geographically dispersed
Excellent communication and presentation skills to communicate analysis and recommendations in concise informative manner
Able to deliver high quality effective presentation to communicate complex topics
Self-motivated, higher level of flexibility and strong work ethic with the goal to get the job done
Continuous Improvement: Identify process and control gaps and champion improvement initiatives through Practical Process Improvement (PPI)
Exhibit leadership, initiative, and the Thermo Fisher Scientific 4-I values of Integrity, Intensity, Innovation, and Involvement.
Less than 10% travel required
Benefits
We offer competitive remuneration, annual incentive plan bonus, healthcare, and a range of employee benefits. Thermo Fisher Scientific offers employment with an innovative, forward-thinking organization, and outstanding career and development prospects. We offer an exciting company culture that stands for integrity, intensity, involvement, and innovation!
Compensation and Benefits
The salary range estimated for this position based in California is $83,300.00–$125,000.00.
This position may also be eligible to receive a variable annual bonus based on company, team, and/or individual performance results in accordance with company policy. We offer a comprehensive Total Rewards package that our U.S. colleagues and their families can count on, which includes:
A choice of national medical and dental plans, and a national vision plan, including health incentive programs
Employee assistance and family support programs, including commuter benefits and tuition reimbursement
At least 120 hours paid time off (PTO), 10 paid holidays annually, paid parental leave (3 weeks for bonding and 8 weeks for caregiver leave), accident and life insurance, and short- and long-term disability in accordance with company policy
Retirement and savings programs, such as our competitive 401(k) U.S. retirement savings plan
Employees’ Stock Purchase Plan (ESPP) offers eligible colleagues the opportunity to purchase company stock at a discount
For more information on our benefits, please visit: https://jobs.thermofisher.com/global/en/total-rewards
Thermo Fisher Scientific is an EEO/Affirmative Action Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability or any other legally protected status.
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