Manager, Incentive Compensation (Northfield, IL)
Medline Industries - Transportation & Operations
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.Job Description
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.
- Other finance-related duties as assigned.
MINIMUM JOB REQUIREMENTS
Education
- Bachelor's degree in a business-related field
Certification / Licensure
- None required.
Work 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.
Medline Industries, LP, and its subsidiaries, offer a competitive total rewards package, continuing education & training, and tremendous potential with a growing worldwide organization.
The anticipated salary range for this position:
$116,000.00 - $174,000.00 AnnualThe actual salary will vary based on applicant’s location, education, experience, skills, and abilities. This role is bonus and/or incentive eligible. Medline will not pay less than the applicable minimum wage or salary threshold.
Our benefit package includes health insurance, life and disability, 401(k) contributions, paid time off, etc., for employees working 30 or more hours per week on average. For a more comprehensive list of our benefits please click
. For roles where employees work less than 30 hours per week, benefits include 401(k) contributions as well as access to the Employee Assistance Program, Employee Resource Groups and the Employee Service Corp.We’re 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
.Medline Industries, LP 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.