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Director, Incentive Compensation - Mentor, United States - STERIS
Description
Job Title:
Director, Incentive Compensation
Req ID: 42227
Job Category:
Human Resources
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 annual strategy and day-to-day operations surrounding the incentive plans for - LS, AST, IPT, Procedural Solutions, NACO, IMS, LA, APAC and contract management.
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 the finance partner for the business on executing sales strategies through compensation plans.Duties:
Commissions/Incentives:
Employee will be required to interpret the internal control and financial reporting policies, procedures and practices of the Company and learn to enhance the efficiency and effectiveness of the policies, procedures and practices.
Employee will be responsible for analyzing effective plan performance for all incentive plans (LS, AST, IPT, Procedural Solutions, NACO, IMS, LA, APAC) impacting 2700 employees.
Partner with businesses to review, design, and/or model compensation plans as requested to drive sales behaviors desired by the respective business.
Provide annual appendix document updates to field personnel and serve as resource to assist in field understanding/execution of plans.
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.
Prepare or review compensation analyses to assist management in understanding the internal financial statements and answer any inquiries they may have.
Additional Responsibilities:
Direct supervisory responsibilities for personnel including selection, hiring, training, performance evaluations, promotional recommendations and work schedules.
Creates and provides guidance of policies, procedures and operational changes related to area of responsibility.
Oversee large projects related to area of responsibility.
Required Experience:
Bachelor's Degree in Finance or Accounting.
15 years of related incentive compensation, commissions 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.
Preferences:
5 + years of supervisory experience preferred.
Preferred 8+ years of Accounting/Finance Analysis Experience.
Knowledge of ERP accounting systems is required, Oracle is preferred.
Business Competencies:
Expert-level analytical and financial modeling skills.
Strategic thinking.
Great presentation skills.
Knowledge of ERP systems and related technologies.
Strong understanding of Sarbanes-Oxley and GAAP.
Excellent time management and organizational ability.
Ability to multitask and meet constant deadlines.
Willing.
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