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Senior Sales Compensation Manager Job

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Date: Sep 30, 2021

Location: Maple Grove, MN, US, 55311

Company: Boston Scientific

Additional Locations:

 

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - Caring - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

 

About the role:
The Senior Sales Compensation Manager will lead the Interventional Cardiology Compensation team. You will be responsible for the overall compensation function including comp plan and awards design and implementation, quota distribution, comp expense budgeting, pay feed administration and comp plan effectiveness analytics.  This role is also responsible for data maintenance and performance reporting accuracy.

 

Your responsibilities will include:

  • Lead and develop a high functioning Interventional Cardiology Compensation team. 
  • Effectively collaborate with finance, sales leadership, marketing, and other sales operations functions to execute on commercial strategies.
  • Develop, design, and implement effective compensation plans to support commercial strategies.
  • Researches and recommends compensation best practices. 
  • Establish clear and consistent policies with respect to field compensation activities.
  • Accurately budget compensation expenses on a monthly and quarterly basis.
  • Ensure timely and accurate compensation administration and pay distribution.
  • Facilitate sales quota distribution process in collaboration with Sales Strategy, Marketing and Finance.
  • Execute data maintenance processes to ensure accurate performance reporting.
  • Develop insightful analytics and tools to support plan design, understanding of programs, and effectiveness
  • Provide field sales management with reporting and tools relative to field sales personnel performance.
  • Develop and execute sales awards programs.
  • Provide leadership on day to day tasks for team members.
  • Lead large and complex projects to support strategic initiatives and effectively partner across the organization.
  • Collaborates with IT to develop data capture tools and ongoing process improvements including systems integration, consolidation, and advancement.  Assists in setting long term information technology goals for the selling organization.
  • Foster a diverse workplace that enables all participants to contribute to their full potential in pursuit of organizational objectives.
  • Monitor and ensure compliance with company policies and procedures (e.g. federal/country and regulatory requirements)

 

Required Qualifications:

  • Bachelor’s degree
  • Minimum 8 years’ experience in finance, compensation, or sales operations
  • Experience leading a team with common vision, capabilities, process, technology, and tasks.
  • Highly motivated, high impact individual with strong technical, analytical and leadership competencies.
  • Strong business acumen and experience interacting with various level of management
  • Experience leading cross function teams and projects.
  • Demonstrated success driving process improvement, value improvement, and strategic solutions.
  • Ability to travel 5-10%

 

Preferred Qualifications:

  • MBA degree
  • Experience in medical device industry
  • Familiar with SAP, Tableau, Anaplan

 

Requisition ID: 502401

 

As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.

 

So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

 

At Boston Scientific, we recognize that nurturing a diverse and inclusive workplace helps us be more innovative and it is important in our work of advancing science for life and improving patient health. That is why we stand for inclusion, equality, and opportunity for all. By embracing the richness of our unique backgrounds and perspectives, we create a better, more rewarding place for our employees to work and reflect the patients, customers, and communities we serve. Boston Scientific is proud to be an equal opportunity and affirmative action employer.

 

Boston Scientific maintains a drug-free workplace. Pursuant to Va. Code § 2.2-4312 (2000), Boston Scientific is providing notification that the unlawful manufacture, sale, distribution, dispensation, possession, or use of a controlled substance or marijuana is prohibited in the workplace and that violations will result in disciplinary action up to and including termination.

 


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