Commercial Incentive Compensation Analyst - San Rafael, United States - Biomarin

Description

BioMarin is the world leader in delivering therapeutics that provide meaningful advances to patients who live with serious and life-threatening rare genetic diseases.

We target diseases that lack effective therapies and affect relatively small numbers of patients, many of whom are children. These conditions are often inherited, difficult to diagnose, progressively debilitating and have few, if any, treatment options. BioMarin will continue to focus on advancing therapies that are the first or best of their kind.
BioMarins Commercial organization supports our global sales and marketing efforts around the world.

Our global sales force continues to solidify the companys commercial presence in the United States and Europe and is rapidly growing in other regions, such as Latin America, the Middle East and Asia-Pacific.

Come join our team and make a meaningful impact on patients lives.
This Commercial Sales Incentive Analyst will report to the Associate Director, Sales Analytics.


Responsibilities:
Configure and administer global incentive compensation plans in IBM Incentive Compensation Management system.
Prepare, calculate, and analyze the quarterly incentive compensation payouts for financial accruals and payouts.
Implement effective controls and reporting to ensure the integrity of the incentive compensation calculations and payouts.
Research and respond to ad-hoc inquiries from sales team members about their plan details and payouts.
Assist in providing stakeholders with quarterly reporting on payout data and effectiveness of plans.
Evaluate various metrics and compensation structures based on analysis of historical compensation data.
Assist in quota planning process using historical data and budget targets.

Ensure accuracy and compliance of payouts in a timely manner while collaborating with business partners across Sales, Regional Sales Operations, Compliance, HR, and Finance.

Implement, maintain and administer systems and infrastructure (IBM Incentive Compensation Management system).Strive for continuous improvement and process automation/system enhancements in payout calculations, analysis and reporting.

Who You AreRequirements:

Bachelor's degree (Business Administration, Economics, Mathematics, Finance, Accounting, etc.)5+ years of work experience with 3 years of relevant experience in Sales Compensation or Sales OperationsUnderstanding of and experience with sales compensation structures and mechanics (e.g., plan components and weights, pay mix, leverage, quotas, MBOs, crediting, accelerators, etc.)Prior experience with consistent and accurate implementation, execution and measurement of incentive compensation programsOperationally focused, process oriented, and data driven with a keen eye for details and razor focused on accuracyExcel modeling skills, particularly as it pertains to compensation modelingDemonstrated experience implementing/operationalizing cross-functional projectsExperience configuring and administering sales compensation systems like ICM a plusExcellent analytical and communication skills are essential.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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