Sr Sales Compensation Admin Analyst

Reposted Yesterday
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Bogotá, Distrito Capital, COL
In-Office
Senior level
Healthtech
The Role
Administers and optimizes EMEA sales incentive processes, including incentive calculations, payouts, forecasting, accruals, reconciliations, reporting, audits, and plan assignments. Analyzes sales performance and incentive-plan effectiveness, manages system enhancements and requirements testing, documents workflows, and drives process improvements. Partners with Finance, HR, IT, business intelligence, and sales teams to operationalize plans and ensure accurate results.
Summary Generated by Built In

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the LifeWe are searching for a Sr Sales Compensation Admin Analyst to be part of the team responsible for administering, streamlining, and optimizing all processes related to sales incentives across the EMEA region.
We are leaders in medical technology and solutions, driven by a mission to build a legacy of integrity and innovation. We are searching for a Senior Analyst to be part of a community of experts committed to advancing high-quality, cost-effective healthcare worldwide.

Responsibilities may include the following and other duties may be assigned:

  • Process quarterly and annual sales incentives calculations and payouts – including validation of performance data, governance on manual adjustments and manual components, exception case management and system maintenance
  • Sales incentive forecasting, accruals, balance sheet reconciliation and expense reporting
  • Provide analytics on SIP design effectiveness, including conducting statistical analysis on sales data and information to ensure optimal sales execution and attainment of growth objectives
  • System improvements / building new capabilities
  • Closely liaise with other value streams, including region/business finance, sales enablement and excellence, IT, business intelligence and HR
  • Lead and test business requirements gathering for new enhancements for sales compensation system
  • Define process improvement and best practice opportunities to current business / work processes. Document and maintain procedures and business process workflow as related to sales compensation processing
  • Ensures appropriate audits are in place to guarantee accurate results for sales incentives calculation processes
  • Partner with HR and the business to have sales incentive plan design that can be smoothly operationalized
  • Perform the sales incentive plan assignment in the SIP system

Required Knowledge and Experience:

  • Bachelor’s degree with 5+ years, or advanced degree with 3+ years, of experience in compensation, payroll, or finance
  • Excellent written and spoken English
  • High degree of initiative and self-motivation
  • Strong analytical and problem-solving skills with attention to detail
  • Strategic, solution-oriented mindset with the ability to address complex or ambiguous issues
  • Proven ability to manage multiple projects, prioritize tasks, and exercise sound judgment, including knowing when to escalate issues
  • Experience with process improvement and managing large datasets, demonstrating a genuine ambition about learning and working with tools such as Power BI
  • Advanced proficiency in MS Office, especially Excel and Access

Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Recruitment Fraud Alert 

We are aware of phishing scams targeting job seekers. Please keep the following in mind: 


Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. 


Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate. 


If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. 


If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [email protected]



Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 



This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

Skills Required

  • Bachelor's degree and 5+ years of experience in compensation, payroll, or finance
  • Advanced degree and 3+ years of experience in compensation, payroll, or finance
  • Excellent written and spoken English
  • Strong analytical and problem-solving skills with attention to detail
  • Ability to manage multiple projects, prioritize tasks, exercise sound judgment, and escalate issues appropriately
  • Experience with process improvement and managing large datasets
  • Genuine ambition to learn and work with tools such as Power BI
  • Advanced proficiency in Microsoft Office, especially Excel and Access
  • High degree of initiative and self-motivation
  • Strategic, solution-oriented mindset for addressing complex or ambiguous issues

Medtronic Compensation & Benefits Highlights

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

  • Healthcare Strength Health coverage is considered comprehensive, with high-quality medical, dental, and vision options through major providers and added mental-health resources. These programs are frequently highlighted as a core strength of the package.
  • Parental & Family Support Parental and family benefits stand out, including up to 24 weeks paid leave for U.S. birthing parents, 12 weeks for other parents, and a global Family Care Leave at 100% pay. Family-building support (fertility, adoption/surrogacy reimbursements) and backup care further reinforce this strength.
  • Retirement Support A 401(k) with company match is described as competitive and reliable for long-term savings. Additional financial programs, such as tuition assistance and charitable-gift matching, complement retirement planning.

Medtronic Insights

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The Company
HQ: Dublin
80,303 Employees
Year Founded: 1949

What We Do

Medtronic is a global healthcare solutions company operating in approximately 160 countries. We are committed to improving lives through our medical technologies, services, and solutions. Since our beginning, 60 years ago, our Mission has remained the same: to alleviate pain, restore health, and extend life for people around the world. The Mission is our ethical framework and inspirational goal guiding our day-to-day work. It reminds us that our efforts are transforming millions of lives each year. To meet the needs of patients and healthcare professionals around the globe, we operate from more than 370 locations in approximately 160 countries.

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