Senior Financial Analyst – Compensation

Reposted 2 Days Ago
Minneapolis, MN, USA
In-Office
70K-115K Annually
Mid level
Biotech
The Role
This role manages commissions processes, collaborates across departments, conducts analyses, ensures accuracy in calculations, and maintains sales reports.
Summary Generated by Built In

By joining Bio-Techne, you’ll join a company with a powerful and positive purpose of enabling cutting-edge research in Life Sciences and Clinical Diagnostics. Bio-Techne, and all of its brands, provides tools for researchers to further treat and prevent disease worldwide.

Pay Range:

$69,800.00 - $114,800.00

Position Summary: 

This position is responsible for owning the end-to-end commissions process and serves as the primary partner connecting Sales, Finance, and Accounting. This role will oversee the review of monthly commissions calculations to ensure accurate payouts and provide insights that strengthen plan design and performance. The ideal candidate is highly analytical, detail‑oriented, and driven to learn, with strong communication skills to collaborate across teams and drive continuous improvement. 

Key Responsibilities: 

  • Own the end‑to‑end monthly commissions process, leading the review, validation, and delivery of detailed commission calculations and ensuring accuracy, transparency, and timely payouts across all sales teams 

  • Partner with Sales and Finance leadership to co-lead the annual quota setting process, providing data driven recommendations, historical analysis, and scenario modeling. 

  • Manage ongoing quota and plan oversight, ensuring quota changes, role movements, territory updates, and mid-year adjustments are accurately modeled, implemented, and communicated to impacted teams. 

  • Serve as a trusted finance partner to sales reps, managers, and directors by providing clear, timely, and well‑structured responses to ad hoc requests regarding commission statements, payout drivers, and plan mechanics 

  • Collaborate with Sales, Finance, and HR on process improvements, data alignment, and policy updates related to commissions and sales compensation. 

  • Maintain and monitor daily and weekly Power BI sales reports to ensure data accuracy and timeliness. Partner with IT developers to keep dashboards updated and implement necessary adjustments. 

  • Calculate and manage the monthly commissions accrual balance, and prepare journal entries along with detailed supporting schedules for Accounting 

  • Other responsibilities as assigned 

Education and Experience: 

  • Bachelor’s degree in Finance, Accounting, Business Analytics, Economics, or a related field 

  • 3–5 years of experience in commissions, financial analysis, accounting, sales operations, or related roles 

  • Strong analytical skills with attention to detail (emphasis on accuracy and timeliness) 

  • Excellent communication skills with the ability to explain financial or technical concepts to non‑technical stakeholders. 

  • Advanced Microsoft Excel skills required 

  • Ability to manage large datasets  

Why Join Bio-Techne:

  • We offer competitive insurance benefits starting on day one: medical, dental, vision, life, short-term disability, long-term disability, pet, and legal and ID shield.
  • We invest in our employees’ financial futures through 401k plans, an employee stock purchase plan (ESPP), Health Saving Account (HSA), Flexible Spending Account (FSA), and Dependent Care FSA.
  • We empower our employees develop their careers through mentorship, promotional opportunities, training and development, tuition reimbursement, internship programs, and more.
  • We offer employee resource groups, volunteer paid time off, employee events, and charity drives to build a culture of caring and belonging. 
  • We offer an accrued leave policy with paid holidays, paid time off, and paid parental leave.
  • We foster a culture of empowerment and innovation, where employees feel valued and encouraged to bring their new ideas to the table.

Bio-Techne is an E-Verify Employer in the United States.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

To protect the interests of all, Bio-Techne will not accept unsolicited resumes from any source other than a candidate application. Any unsolicited resumes sent to Bio-Techne will be considered Bio-Techne property.

Skills Required

  • Bachelor's degree in Finance, Accounting, Business Analytics, Economics, or a related field
  • 3-5 years of experience in commissions, financial analysis, accounting, or sales operations
  • Strong analytical skills with attention to detail
  • Excellent communication skills to explain concepts to non-technical stakeholders
  • Advanced Microsoft Excel skills
  • Ability to manage large datasets

Bio-Techne Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Bio-Techne and has not been reviewed or approved by Bio-Techne.

  • Healthcare Strength Medical and dental coverage are often regarded as strong, with core health benefits broadly available across U.S. roles. Day-one eligibility and comprehensive options are described as a relative bright spot even when pay sentiment is mixed.
  • Leave & Time Off Breadth PTO, paid holidays, paid parental leave, and volunteer time are emphasized alongside flexible scheduling. Work-life balance elements are seen as strengths relative to base-pay concerns.
  • Strong & Reliable Incentives Quarterly or semi-annual bonuses and eligibility for annual cash incentives add meaningful upside for many salaried roles. Structured plans such as a Management Incentive Plan reinforce predictability of variable pay.

Bio-Techne Insights

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The Company
HQ: Minneapolis, MN
2,512 Employees
Year Founded: 1981

What We Do

Bio-Techne Corporation (NASDAQ: TECH) is a leading developer and manufacturer of high-quality purified proteins and reagent solutions - notably cytokines and growth factors, antibodies, immunoassays, biologically active small molecule compounds, tissue culture reagents, and cell and gene therapy workflow solutions including T-Cell activation technologies. Bio-Techne’s portfolio also includes protein analysis solutions, sold under the ProteinSimple brand name, that offer researchers efficient and streamlined options for automated Western blot and multiplexed ELISA workflow. These reagent and protein analysis solutions are sold to biomedical researchers, as well as clinical research laboratories, and constitute the Protein Sciences Segment. Bio-Techne also develops and manufactures diagnostic products including FDA-regulated controls, calibrators, blood gas and clinical chemistry controls, and other reagents for OEM and clinical customers. Bio-Techne’s genomic tools include advanced tissue-based in situ hybridization assays (ISH) for research and clinical use, sold under the ACD brand, as well as a portfolio of clinical molecular diagnostic oncology assays including the ExoDx®Prostate (IntelliScore) test (EPI) for prostate cancer diagnosis. These diagnostic and genomic products comprise Bio-Techne’s Diagnostics and Genomics Segment. Bio-Techne products are integral components of scientific investigations into biological processes and molecular diagnostics, revealing the nature, diagnosis, etiology and progression of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $714 million in net sales in fiscal 2019 and has over 2,200 employees worldwide.

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