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Job Title:  Manager, Incentive Compensation

Req ID:  29023
Job Category:  Finance

Mentor, OH, US, 44060

Description: 

At STERIS, we help our Customers create a healthier and safer world by providing innovative healthcare and life science product and service solutions around the globe.

Position Summary

This position is responsible for the day-to-day operations surrounding the incentive plans for – LS, AST, IPT, Procedural Solutions, NACO, IMS, LA, APAC. It is responsible for organizing, maintaining, and directing all activities and functions related to the calculation, and communication of sales commissions and incentive compensation as well as supporting the design and modeling of plan changes.  This position is also responsible for driving continuous improvement through the sales incentive process, both within this department and the field, from positions incentivized through senior leadership

Duties

Commissions/Incentives (60% of job)

  • Maintains and ensures the accuracy of the data used in calculating incentives for 400+ employees that includes 20-30 plans.
  • Maintain Sales Hierarchy in Incentive Tool.
  • Maintain and supports the development of annual quota.
  • Oversee all monthly, quarterly and year end commission and incentive calculations.
  • Prepare or review analysis of commission and incentive accruals.
  • Monitor and maintain the commission program.
  • Prepare or review compensation analyses to assist management in understanding the internal financial statements and answer any inquiries they may have.
  • Perform variance analysis and explain commissions performance vs plan
  • Responsible for modeling/communicating annual plans to senior management, and assisting in identifying areas to help drive desired behaviors through incentive programs

 

Management/Coaching (20% of job)

  • Ensure adequate coverage for monthly commissions calculations
  • Ensure staff cross training across plans within legacy IMS and other groups as needed
  • Identify team member strengths and future assignment potential, and create learning opportunities on both a horizontal and vertical path

 

Continuous Improvement/Field Training (20% of job)

  • Create and support environment of continuous improvement; drive process improvements through entire process of sales incentive compensation

 

#LI-ML1

Education Degree

  • Bachelor's Degree in Accounting or Finance

Required Experience

  • Minimum 7 years of corporate compensation experience
  • Thorough knowledge of Microsoft Office applications.
  • Ability to communicate effectively, verbal and written.
  • Ability to analyze and solve problems
  • Proven ability to manage and prioritize multiple and competing tasks must be shown.

 

 

STERIS is a leading provider of products and services that meet the needs of growth areas within Healthcare: procedures, devices, vaccines and biologics.  We exist to fulfill our MISSION TO HELP OUR CUSTOMERS CREATE A HEALTHIER AND SAFER WORLD. STERIS is a $3B, publicly traded (NYSE: STE) company with approximately 16,000 associates and Customers in more than 100 countries.

If you need assistance completing the application process, please call 1 (440) 392.7047. This contact information is for accommodation inquiries only and cannot be used to check application status.

STERIS is an Equal Opportunity Employer.  We are committed to equal employment opportunity and the use of affirmative action programs to ensure that persons are recruited, hired, trained, transferred and promoted in all job groups regardless of race, color, religion, age, disability, national origin, citizenship status, military or veteran status, sex (including pregnancy, childbirth and related medical conditions), sexual orientation, gender identity, genetic information, and any other category protected by federal, state or local law.  We are not only committed to this policy by our status as a federal government contractor, but also we are strongly bound by the principle of equal employment opportunity.

The full affirmative action program, absent the data metrics required by § 60-741.44(k), shall be available to all employees and applicants for employment for inspection upon request. The program may be obtained at your location’s HR Office during normal business hours.

Req ID:  29023
Job Category:  Finance

Mentor, OH, US, 44060


Nearest Major Market: Cleveland
Nearest Secondary Market: Akron

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