At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.

A Day in the Life

Responsibilities may include the following and other duties may be assigned:

Process quarterly and annual sales incentives calculations and payouts including validation of performance data governance on manual adjustments and manual components exception case management and system maintenance

Sales incentive forecasting accruals balance sheet reconciliation and expense reporting

Provide analytics on SIP design effectiveness including conducting statistical analysis on sales data and information to ensure optimal sales execution and attainment of growth objectives

System improvements / building new capabilities

Closely liaise with other value streams including region/business finance sales enablement and excellence IT business intelligence and HR

Lead and test business requirements gathering for new enhancements for sales compensation system

Define process improvement and best practice opportunities to current business / work processes. Document and maintain procedures and business process workflow as related to sales compensation processing

Ensures appropriate audits are in place to guarantee accurate results for sales incentives calculation processes

Partner with HR and the business to have sales incentive plan design that can be smoothly operationalized

Perform the sales incentive plan assignment in the SIP system

Required Knowledge and Experience:

Bachelors degree with 5 years or advanced degree with 3 years of experience in compensation payroll or finance

High degree of initiative and self-motivation

Strong analytical and problem-solving skills with attention to detail

Strategic solution-oriented mindset with the ability to address complex or ambiguous issues

Proven ability to manage multiple projects prioritize tasks and exercise sound judgment including knowing when to escalate issues

Experience with process improvement and managing large datasets

Advanced proficiency in MS Office especially Excel and Access

Excellent written and spoken English

Physical Job Requirements

The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.

Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits resources and competitive compensation plans designed to support you at every career and life stage.

About Medtronic

We lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.
Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.
We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.

Learn more about our business mission and our commitment to diversity here