Oracle Sales Incentive Planning Manager, Global Incentive Compensation in Lehi, Utah
Design, deliver, and support global sales model with focus on productivity improvement of planning process and application.
Partner with lines of business in the design of compensation models in the support of strategic business initiatives. Update Terms and Conditions of compensation plans. Ensure global salesforce planning system is setup for online distribution of plans. Approve sales incentive programs; ie: SPIFFs. Provide reports to finance on effectiveness of sales model and SPIFFs. Roll-out sales force plans globally to enable Oracle salesforce to accept compensation plans online. Create sales matrix which communicates payment structure to sales organization. Create on-target earnings matrix. Train Sales and Finance on global sales model and compensation models. Field questions from organization on models. Train Finance on Salesforce planning.
Acknowledged authority within the Corporation. Acts as a leader of large-scale company initiatives. Viewed by peers as a leader and top contributor and by line management as a key business partner. Strong analysis skills. Ability to partner across functions and with all levels of management. 10 plus years relevant work experience. BS/BA degree.
Oracle is an Affirmative Action-Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veterans status, age, or any other characteristic protected by law.
POSITION:Divisional Planning Sr. Manager, Global Incentive Compensation
Oracle(NYSE: ORCL) Oracle Is Creating Tomorrow, Today
Emerging technologies are disrupting old paradigms and unleashing new opportunities. Oracle has embedded innovative technologies in every aspect of our cloud, enabling companies to reinvent their businesses, processes, and experiences. With the introduction of Oracle Autonomous Database, the industry’s only self-driving, self-securing, and self-repairing database, Oracle is again revolutionizing how data is managed.
Oracle is the #1 provider of business software, with a broad portfolio of solutions for companies of all sizes. Today, 430,000 customers in 175 countries use Oracle technologies to seize business opportunities and solve real, tangible challenges.
The Global Incentive Compensation (GIC) team supports all business groups who have employees eligible for a variable incentive compensation plan. We work closely with executive management to design sales incentive plans that drive behavior to meet the organization's objectives while maintaining our fiduciary responsibility to the company.
The planning team has responsibility for compensation plan design, implementation, policies, terms and conditions, variable compensation, and ruling on compensation exceptions. Variable compensation includes establishing guidelines for mix/static variable amounts for all sales incentive plan eligible jobs as well as monitoring all variable compensation related transactions to ensure adherence to guidelines.
The Divisional Planning Manager (DPM) is responsible for partnering at a line of business (LOB) level and understanding the business needs, challenges, goals and designing compensation solutions that drive the expected results. The DPM works very closely with Sales, Finance, Sales Ops, GIC Ops and GCA (Global Compensation Administration) to ensure the recommended solutions align to the business expectations, make financial sense and they are able to be implemented and administrated.
The DPM is also responsible for determining the best course of action for exceptions to Global Incentive Compensation (GIC) policy, ensuring the business follows policy and any required deviation is properly approved and documented.
Develop strategic relationships with the LOB leaders.
Evaluates current year incentive compensation plan results to determine plan effectiveness
Understand corporate strategy and sales model and can articulate to the business.
Understands business strategy and sales model and can articulate to corporate.
Leads in the design and implementation of new incentive compensation plans and programs.
Communicates and explains incentive compensation plans to sales, management, sales operations and finance as required
Provides guidance for incentive structure throughout the year, participates in meetings
Personal and interpersonal proficiencies
BA/BS required, preferably in Finance, Accounting or Business Administration (MBA Desired)
10 years of professional work experience in sales compensation, sales operations, business finance or related field.
Ability to demonstrate good judgment and make quick decisions
High attention to detail
Able to meet deadlines and work effectively under pressure
Excellent written, verbal, and presentation skills
Ability to work independently and in a team environment
Ability to establish strategic relationships with executive business partners (Executive Credibility)
Quickly absorbs and adapts to change
All Qualifications are preferred **
As part of Oracle’s employment process candidates will be required to complete a pre-employment screening process, after a conditional offer has been extended.
Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status or any other characteristic protected by law.
Title: Sales Incentive Planning Manager, Global Incentive Compensation
Location: United States
Requisition ID: 20001603