Job 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
o 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. Recommend and implement corrective action plans to correct policy or
third party compliance matters
o 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.
o Partner with businesses to review, design, and/or model compensation plans as requested to drive
sales behaviors desired by the respective business
o Review plan performance and provide periodic updates as to results of commission plan attainment.
o Provide annual appendix document updates to field personnel and serve as resource to assist in field
understanding/execution of plans
o Maintain and supports the development of annual quota.
o Oversee all monthly, quarterly and year end commission and incentive calculations.
o Prepare or review analysis of commission and incentive accruals.
o Prepare or review compensation analyses to assist management in understanding the internal
financial statements and answer any inquiries they may have.
Additional Responsibilities
o Direct supervisory responsibilities for personnel including selection, hiring, training, performance
evaluations, promotional recommendations and work schedules.
o Creates and provides guidance of policies, procedures and operational changes related to area of
responsibility.
o Oversee large projects related to area of responsibility.
Required Experience
1. Bachelor's Degree in Finance or Accounting.
2. 15 years of related incentive compensation, commissions experience
3. Thorough knowledge of Microsoft Office applications.
4. Ability to communicate effectively, verbal and written.
5. Ability to analyze and solve problems
6. Proven ability to manage and prioritize multiple and competing tasks must be shown.
Preferences:
1. 5 + years of supervisory experience preferred.
2. Preferred 8+ years of Accounting/Finance Analysis Experience.
3. Knowledge of ERP accounting systems is required, Oracle is preferred,
Business Competencies:
1. Expert-level analytical and financial modeling skills
2. Strategic thinking
3. Great presentation skills
4. Knowledge of ERP systems and related technologies
5. Strong understanding of Sarbanes-Oxley and GAAP
6. Excellent time management and organizational ability
7. Ability to multitask and meet constant deadlines
8. Willingness to work long hours, when necessary
Pay range for this opportunity is$121,430.00-$163,464.00. This position is eligible for [BONUS PARTICIPATION]OR a [INSERT COMMISSION RATE RANGE, IF APPLICABLE] commission.
Minimum pay rates offered will comply with county/city minimums, if higher than range listed. Pay rates are based on a number of factors, including but not limited to local labor market costs, years of relevant experience, education, professional certifications, foreign language fluency, etc.
Employees (and their families) may enroll in our company-sponsored medical, dental, vision, flexible spending, health savings account, voluntary benefits, supplemental life/AD&D plans and the company's 401k plan. Employees are covered by an employee assistance program (also available to household members) and long-term disability. Full-Time Employees are also eligible for short-term disability. Full-time Employees will also receive Paid Time Off (PTO) based on years of service and paid Holidays. Part-time employees working 20 or more hours receive a pro-ration of the full-time PTO allocation and paid Holidays based on their standard hourly work week. Full-Time employees are eligible for four weeks of paid parental leave. Part-time employees also receive paid parental leave, pro-rated based on their standard hourly work week.
STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention. WE HELP OUR CUSTOMERS CREATE A HEALTHIER AND SAFER WORLD by providing innovative healthcare, life sciences and dental products and services. STERIS is a $5 billion, publicly traded (NYSE: STE) company with approximately 17,000 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:
42227
Job Category:
Human Resources
Mentor, OH, US, 44060
Nearest Major Market: Cleveland
Nearest Secondary Market: Akron
Job Segment:
ERP, Financial, Infection Control, Compensation, Accounting, Technology, Finance, Healthcare, Human Resources
STERIS Corporation is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. Applicants will receive fair and impartial consideration without regard to race, sex, color, religion, national origin, age, disability, veteran status, genetic data, or religion or other legally protected status.
