Commission Specialist

Company: Abbott Laboratories
Location: Austin
Posted on: January 15, 2022

Job Description:

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.

Job Description
A healthy heart is essential to good health. That's why we're committed to advancing treatments for people with cardiovascular disease. As a global leader in Cardiac Rhythm Technologies, our breakthrough medical technologies help restore people's health so they can get back to living their best lives, faster. We focus on innovative technologies that can improve the way doctors treat people with heart arrhythmias, or irregular heartbeats.
Our location in Austin, TX , currently has an opportunity for a Commission Specialist. -Working without appreciable supervision, leads in the development, implementation, execution and payment of USD's Sales
Compensation Plans and related Employee Agreements. Prepares internal and external USD 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 advanced expertise 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, and may contribute to the performance evaluations of other department personnel. Remains abreast of and consults on Sales Compensation trends and financial standards. 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. Leads in a team environment, and shares expertise on operational sales activities and related applications.
WHAT YOU'LL DO
--- Analysis and development of sales compensation plan requirements, and ensuring proper implementation and testing of calculations, results and reporting.
--- Demonstrate the knowledge and execution of all Division USD 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, and share knowledge and expertise with the staff.
--- Develop new spreadsheet analytics that enhance analysis to ensure the most reliable results.
--- Demonstrate a lead role within the group that focuses on best customer service results with internal and external customers; exhibit an example role for communication and interaction with customers.
--- Take a lead role in audit projects.
--- Take a lead role in interacting with other departments, such a General Accounting, Finance, Compensation/HR/Legal, IT and Internal Audit.
--- Assume a leading role on project teams in the implementation of new/upgraded designs in software and processes, and sales compensation plans.
--- Assume the lead on ad-hoc project requests, and ensure proper follow-up on results.
--- 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.
--- Performs related functions and responsibilities, on occasion, as assigned.
--- 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
Required
Bachelor's degree or Master's Degree or CPA in Finance, Accounting, Business Administration or other related discipline or equivalent experience.

Minimum 7 years In a Financial/Accounting/Sales Analyst role(s), and inclusive of experience in a Commission Accountant/Analyst role.

Relevant functional experience of five years in Financial/Sales Reporting and Database

Management modeling.

Must demonstrated 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.

Ability to travel, including internationally.

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.

Keywords: Abbott Laboratories, Austin , Commission Specialist, Accounting, Auditing , Austin, Texas