Commissions and Bonuses Analyst

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals, and branded generic medicines. Our 109,000 colleagues serve people in more than 160 countries.

ABOUT ABBOTT

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 107,000 colleagues serve people in more than 160 countries.

EPHF

Leading an active lifestyle is important to the many people we serve. In Abbott's Electrophysiology and Heart Failure division, we're advancing the treatment of heart and vascular disease through breakthrough medical technologies in electrophysiology and heart failure, allowing people to restore their health and get on with their lives.

WHAT YOU'LL DO
  • Working with minimal supervision in the implementation, execution and payment of Sales Compensation Plans and related Employee Agreements.
  • Prepares internal and external Sales Compensation statements, supporting schedules, performs financial compensation and data review/analysis, assists in preparation/completion of accounting and compensation month-end closings, and assists in financial compensation reporting.
  • Applies and shares in the analysis and review of sales and legal requirements for the purpose of executing commission and bonus payments.
  • Initiates the planning, organizing, performing, coordinating and/or directing of sales compensation work.
  • Possesses and exercises strong relational database management and organizational skills.
  • Identifies and routinely uses the most effective, cost efficient and best practices to execute processes; continually evaluates their effectiveness and appropriateness.
  • Assures the quality of services meets internal and external customer requirements.
  • Exercises judgment in planning, organizing and performing work; monitors performance and reports status to manager.
  • Analysis of sales compensation plan requirements, and ensuring proper implementation and testing of calculations, results and reporting.
  • Demonstrate the knowledge and execution of Sales Compensation and Bonus Plans and their relation Employee Agreements and related data processes.
  • Exhibit a high level of proficiency with relational databases and software applications.
  • Develop new spreadsheet analytics that enhance analysis to ensure the most reliable results.
  • Collaborates with other departments, such a General Accounting, Finance, Compensation, HR, Legal, IT and Internal Audit.
  • Assists in financial and sales compensation closing activities, including reconciliations and final pay file distributions.
  • Ensures Financial, Data and Sales Compensation processes are in compliance with internal and external audit practices and documentation.
  • Remains current on developments on field of expertise.
  • Resolves and/or facilitates resolution of problems including identifying causes to prevent re-occurrence.
  • Maintains positive and cooperative communications and collaboration with all levels of employees.
  • Performs related functions and responsibilities, on occasion, as assigned.
  • Support all Company initiatives as identified by management and in support of Quality Management Systems (QMS), Environmental Management Systems (EMS), and other regulatory requirements.
  • Complies with U.S. Food and Drug Administration (FDA) regulations, other regulatory requirements, Company policies, operating procedures, processes, and task assignments. Maintains positive and cooperative communications and collaboration with all levels of employees, customers, contractors, and vendors.


EDUCATION AND EXPERIENCE, YOU'LL BRING
  • Bachelor's Degree in Finance, Accounting, Business Administration or other related discipline or equivalent experience
  • 2+ years in a Financial/Accounting/Sales Analyst role(s), and inclusive of experience in a Commission Accountant/Analyst role.
  • 2+ years in Financial/Sales Reporting and Database Management modeling.
  • Must possess advanced Excel/Access skills, the ability to interface data with new or existing software and/or applications, and prepare routine ad-hoc reports using SQL and other data mining tools.
  • Experience working in a broader enterprise/cross-division business unit model preferred.
  • Ability to work in a highly matrixed and geographically diverse business environment.
  • Ability to work within a team and as an individual contributor in a fast-paced, changing environment.
  • Ability to leverage and/or engage others to accomplish projects
  • Strong verbal and written communications with ability to effectively communicate at multiple levels in the organization.
  • Multitasks, prioritizes and meets deadlines in timely manner
  • Strong organizational and follow-up skills, as well as attention to detail


WHAT WE OFFER

At Abbott, you can have a good job that can grow into a great career. We offer:
  • Training and career development, with onboarding programs for new employees and tuition assistance
  • Financial security through competitive compensation, incentives and retirement plans
  • Health care and well-being programs including medical, dental, vision, wellness and occupational health programs
  • Paid time off
  • 401(k) retirement savings with a generous company match
  • The stability of a company with a record of strong financial performance and history of being actively involved in local communities


Learn more about our benefits that add real value to your life to help you live fully: www.abbottbenefits.com

Follow your career aspirations to Abbott for diverse opportunities with a company that provides the growth and strength to build your future. Abbott is an Equal Opportunity Employer, committed to employee diversity.

Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott and on Twitter @AbbottNews and @AbbottGlobal.

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