Senior Financial Analyst (Commission)

Posted 2 Days Ago
Be an Early Applicant
San Jose, CA
Hybrid
117K-140K Annually
Mid level
Healthtech • Robotics
The Role
The Senior Financial Analyst will manage the commissions process, assist with the implementation of incentive compensation software, support commission-related workflows, and prepare commissions forecasts and budgets. The role requires collaborating with Sales and Accounting to ensure accurate commission calculations and reporting.
Summary Generated by Built In

Company Overview

Embark on an enriching journey with PROCEPT BioRobotics, where our vision, mission, and values guide everything we do as a company. We are committed to revolutionizing treatment for benign prostatic hyperplasia (BPH, otherwise known as prostate gland enlargement) through innovation in surgical robotics. As our company succeeds and grows, we improve the quality of life of patients, provide more effective treatment options for surgeons, uphold the trust of our shareholders. That starts with a commitment to our People with a focus on creating an evolving landscape for your career, brimming with transformative opportunities that provide continuous career growth opportunities.


The Opportunity That Awaits You:

We are looking for an enthusiastic, collaborative and detail-oriented Senior Financial Analyst to join our Finance team. This hire will report to FP&A Manager. This is a key position to support and manage the end-to-end commissions process in a fast growing medical device company. 

The Senior Financial Analyst responsibilities include assisting with calculation and reporting of sales commissions and key metrics. The Analyst will work closely with Sales Management, Sales Operations and Accounting to implement incentive compensation programs and ensure alignment across teams. In this role, you must be able to work and adapt in a fluid, fast growing environment.

What Your Day-To-Day Will Involve:

  • Manage the end-to-end commission process to ensure accurate and timely calculation and payment of global sales commissions 
  • Assist in implementation of incentive compensation management software (Performio)
  • Review and maintain input data related to commission calculation and resolve any system / data variances 
  • Support commission-related workflows for business input, confirmation and approvals and ensure appropriate documentation 
  • Respond to inquiries regarding commissions by conducting research, preparing adjustments, and reconciling data discrepancies
  • Prepare and manage commissions forecast and budget and provide variance analysis
  • Perform regular and ad-hoc analysis of compensation data and generate reports on key sales metrics for analytical insights

The Qualifications We Need You to Possess

  • Bachelor’s Degree or higher in Accounting, Finance, Economics, or another quantitative discipline
  • 4-6 years of relevant experience in financial planning and analysis, sales compensation analysis, or a related role
  • Experience using incentive compensation management (ICM) software (preferably Performio)
  • Excellent analytical and problem-solving skills
  • Strong technical skills and experience with aptitude of learning new software and systems
  • Outstanding interpersonal, oral, and written communication skills

The Qualifications We Would Like You to Possess

  • Advanced skills in excel (financial modeling), and other tools including GL (e.g. SAP, Oracle, QAD) and reporting/planning tools (e.g. Tableau, Adaptive)

For US-Based Candidates Only

Work Authorization Status: Citizen / Permanent Resident

 

For this role, the anticipated base pay range is $117,000-140,000 per year.

Plus, eligibility for an annual bonus and equity/RSUs.


Understanding PROCEPT's Culture

At PROCEPT, we believe every person matters. Every employee, every patient, every caregiver. Because we are here to create a revolution, and we believe in doing that by innovating everywhere with pathological optimism. We believe in being humble and highly engaged in the work we do, while also working together seamlessly for a common goal. At Procept, curiosity, ingenuity and conviction in the power technology will transform the lives of our patients and providers.

 

And this doesn’t happen by accident. It starts with our live induction program that serves as an incubator for cross-functional team building, an immersion in Procept’s history, jam-packed interactive sessions with executive leadership and a crash-course in the mission and purpose of what we do. It continues with our one-of-a-kind management program designed to build the best managers in the industry, where our people managers across functions come together to exchange ideas and grow, as both managers and learners, in an environment that challenges, supports and broadens.

 

We are fueled by the opportunity to give people their lives back. And we believe that it begins with YOU! At Procept, we push beyond just finding a work/life balance, we strive to find a work/life blend, a professional world that you are honored and impassioned to belong to, one that you can proudly share with your family, friends, and acquaintances.

 

An opportunity at PROCEPT BioRobotics won’t just be about finding a job. It will be an opportunity for you to join a community devoted to making a difference in this world!

 

BENEFITS OF WORKING AT PROCEPT! 

PROCEPT’s health and wellness benefits for employees are second to none in the industry. As an organization, one of our top priorities is to maintain the health and wellbeing of our employees and their families. We offer a comprehensive benefits package that includes full medical coverage, wellness programs, on-site gym, a 401(k) plan with employer match, short-term and long-term disability coverage, basic life insurance, wellbeing benefits, flexible or paid time off, paid parental leave, paid holidays, and many more!



 

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

PROCEPT BioRobotics is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind on the basis of race, color, national origin, religion, gender, gender identity, sexual orientation, disability, genetic information, pregnancy, age, or any other protected status set forth in federal, state, or local laws. This policy applies to all employment practices within our organization.

 

PAY RANGE TRANSPARENCY

Procept is committed to fair and equitable compensation practices. The pay range(s) for this role is listed below and represents base salary range for non-commissionable roles or on-target earnings for commissionable roles. Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to job-related skills, depth of experience, relevant certifications and training, and specific work location. Based on the factors above, Procept utilizes the full width of the range. The total compensation package for this position may also include eligibility for annual performance bonus, equity, and the benefits listed above.

 

WORK ENVIRONMENT

We’ll provide you training for, and ask you to maintain trained status for, and comply with, all relevant aspects of the PROCEPT BioRobotics Quality Management System to ensure product and support regulatory compliance. We would also ask you to understand and adhere to the PROCEPT BioRobotics Quality & EHS policies.

Top Skills

Accounting
Economics
Finance
The Company
HQ: San Jose, California
476 Employees
On-site Workplace
Year Founded: 2009

What We Do

PROCEPT BioRobotics is a commercial-stage surgical robotics company focused on advancing patient care by developing transformative solutions in urology. We develop, manufacture and sell the AQUABEAM Robotic System, an advanced, image-guided, surgical robotic system for use in minimally-invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. Our proprietary AQUABEAM Robotic System delivers Aquablation therapy, which combines real-time, multidimensional imaging, personalized treatment planning, automated robotics and heat-free waterjet ablation for targeted and rapid removal of prostate tissue. Aquablation therapy delivers effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience.

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