Manager, Incentive Compensation (Northfield, IL)
Job Summary
In collaboration with Medline leadership and various teams, the Manager, Incentive Compensation oversees multiple aspects of the incentive process. In this role, the Manager is responsible for designing, recommending, implementing, and maintaining incentive compensation programs and policies to support company objectives.
Major Responsibilities
- Develop and administer formula bonus plans to include calculating and analyzing employee performance and bonus payouts.
- Serve as a business partner for Medline leadership to identify and implement process improvements and analyze a portfolio of formula bonus program results and payouts.
- Work with internal and external audits to develop new processes that will streamline the financial process.
- Partner with accounting and audit teams to develop, update, and ensure the accuracy of our financials as well as track adjustments and consolidate results.
- In partnership with the HR Technology team, develop systemic ways to collect information and reduce redundancies to ensure accurate work and data.
- Audit and maintain the integrity of financial data and performance scores.
- Serve as point of contact for escalation of issues.
- With support from Incentive Compensation team leadership, lead the day-to-day activities of the team and review progress and accuracy of work. May provide technical guidance on more complex issues as well as input into employee performance and development.
Minimum Job Requirements
- Education: Bachelor's degree in a business-related field
- Certification/Licensure: None required
- Experience: At least 5 years overall; progressive related experience in a global publicly traded company is required
- Knowledge/Skills/Abilities: Knowledge of Stock Based Compensation, Strong leadership and communication skills, Ability to manage multiple complex priorities with demanding timeframes, Experience collecting and analyzing financial data, Advanced level skill in Microsoft Excel
Other Finance-Related Duties
May be assigned other finance-related duties as needed.
Pay
The anticipated salary range for this position is $116,000.00 - $174,000.00 annually. The actual salary will vary based on applicant’s location, education, experience, skills, and abilities.
Benefits
Medline offers a competitive total rewards package, including health insurance, life and disability, 401(k) contributions, paid time off, and access to the Employee Assistance Program, Employee Resource Groups, and the Employee Service Corp. For a more comprehensive list of our benefits, please click here.
About Medline
We are dedicated to creating a Medline where everyone feels they belong and can grow their career. We strive to do this by seeking diversity in all forms, acting inclusively, and ensuring that people have tools and resources to perform at their best. Explore our Belonging page here.
EEO Statement
Medline is an equal opportunity employer. Medline evaluates qualified individuals without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, neurodivergence, protected veteran status, marital or family status, caregiver responsibilities, genetic information, or any other characteristic protected by applicable federal, state, or local laws.