Associate Sales Compensation and Reporting Analyst
Teleflex
Summary
Using the guidelines of the sales compensation plan, utilize transactional data and internal tools to ensure that sales achievement is assigned and calculated properly to generate monthly commissions payments to the respective sales teams. Ad-hoc reporting, process improvement and effective communication with internal customers will be a consistent part of the role.
Job description
Position Summary
Using the guidelines of the sales compensation plan, utilize transactional data and internal tools to ensure that sales achievement is assigned and calculated properly to generate monthly commissions payments to the respective sales teams. Ad-hoc reporting, process improvement and effective communication with internal customers will be a consistent part of the role.
Principal Responsibilities
- Maintains territory alignment rules for sales territories in SAP.
- Validates territory transactional data for accuracy and eligibility for sales compensation.
- Create and distribute compensation plan documents to all field sales personnel.
- Executes compensation plan calculations and payments per the annual compensation plan as written.
- Processes sales inquiries from the field sales organizations.
- Communicates findings for sales inquiries to the appropriate approving authorities and provides recommendations as needed.
- Makes all appropriate updates in SPM software (Varicent ICM) for plan setup, payee eligibility and adjustments as required.
- Process the monthly commission’s checklist through the appropriate sales leaders for all SBU’s to ensure all additional payments and/or adjustments are captured and approved.
- Prepares a monthly commission forecast for Finance ahead of payroll submission.
- Compiles payroll files, circulates them for approval and forwards to payroll for processing.
- Delivers monthly transactional reporting via Excel pivot tables to supported field teams.
- Respond to inquiries from field sales and sales management as needed.
- Provides analytical support to the Sales Compensation and Reporting team as well as the Salesforce.com team as needed.
- Facilitates the compilation and production of sales-related reports that support the sales organizations in attaining their revenue growth targets.
- Participate in meetings & conference calls as requested.
Education / Experience Requirements
- Bachelor’s degree in Business Administration, Marketing, Finance, Accounting, or related field
- 0-2 years related experience, or equivalent combination of education and experience.
Specialized Skills / Other Requirements
- High Proficiency in Microsoft Excel, Access, Word, PowerPoint
- Self-motivated, proactive, and creative
- Excellent problem-solving skills
- Strong time management, planning, and organizational skills
- Strong work ethic
- Detail oriented
- Ability to communicate clearly and effectively
Requirements
- Bachelor’s degree in Business Administration, Marketing, Finance, Accounting, or related field
- 0-2 years related experience, or equivalent combination of education and experience
- High Proficiency in Microsoft Excel, Access, Word, PowerPoint
- Self-motivated, proactive, and creative
- Excellent problem-solving skills
- Strong time management, planning, and organizational skills
- Strong work ethic
- Detail oriented
- Ability to communicate clearly and effectively
Company overview
Teleflex Incorporated is a global medical technology company headquartered in Wayne, Pennsylvania, that specializes in designing, developing, manufacturing, and supplying single-use medical devices for critical care and surgical applications. Founded in 1943, the company has evolved from its origins in precision mechanical controls to become a leading provider of innovative medical technologies. Teleflex serves healthcare providers in over 150 countries through a diverse portfolio that includes solutions in anesthesia, emergency medicine, interventional cardiology and radiology, surgical procedures, vascular access, and urology. The company's well-known product brands include Arrow, Deknatel, LMA, Pilling, QuikClot, Rüsch, UroLift, and Weck. With approximately 14,000 employees worldwide, Teleflex operates 11 manufacturing facilities and 23 distribution centers across the globe. The company focuses on purpose-driven innovation to address unmet clinical needs, aiming to improve patient outcomes, enhance provider safety, and reduce procedural costs while maintaining a strong commitment to quality and corporate social responsibility.