Sales Incentive Plan Analyst

Thank you for your interest in working for our Company. Recruiting the right talent is crucial to our goals. On April 1, 2024, 3M Healthcare underwent a corporate spin-off leading to the creation of a new company named Solventum. We are still in the process of updating our Careers Page and applicant documents, which currently have 3M branding. Please bear with us. In the interim, our Privacy Policy here: https://www.solventum.com/en-us/home/legal/website-privacy-statement/applicant-privacy/ continues to apply to any personal information you submit, and the 3M-branded positions listed on our Careers Page are for Solventum positions. As it was with 3M, at Solventum all qualified applicants will receive consideration for employment without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Job Description:

3M Health Care is now Solventum

At Solventum, we enable better, smarter, safer healthcare to improve lives. As a new company with a long legacy of creating breakthrough solutions for our customers’ toughest challenges, we pioneer game-changing innovations at the intersection of health, material, and data science that change patients' lives for the better while enabling healthcare professionals to perform at their best. Because people, and their wellbeing, are at the heart of every scientific advancement we pursue.

We partner closely with the brightest minds in healthcare to ensure that every solution we create melds the latest technology with compassion and empathy. Because at Solventum, we never stop solving for you.

The Impact You’ll Make in this Role

We are currently looking for a Sales Incentive Planning (SIP) Analyst who will serve as a key business partner to country sales leadership. This role supports sales teams in developing, implementing, and administering Sales Incentive Plans across the Asia region. If you thrive in a dynamic and collaborative environment, consider joining the SIP team to make a meaningful impact on internal customers while contributing to the evolution of the company’s sales compensation philosophy. in partnership with leadership.

In this role, you will have the opportunity to tap into your curiosity and collaborate with some of the most innovative and diverse people around the world.

• Sales Incentive Processing & Close Activities
  Ensure accurate and timely preparation, validation, and payment of sales incentive plans, accruals, and employee payouts across assigned Asia countries. Effectively manage quarterly close activities to support accurate financial reporting.
• Data Integrity, Compliance & Plan Governance
  Maintain data accuracy and ensure full compliance with quality standards, governance requirements, and corporate policies. Ensure alignment of SIP plans with the global framework, support annual planning cycles, and manage mid-year changes or exceptions.
• Cross-Functional Collaboration
  Partner with Sales, Finance, HR, Data Enablement, and Payroll to coordinate and execute all activities related to the incentive payout process, ensuring consistency and operational efficiency.
• Stakeholder Engagement & Issue Resolution
  Serve as the primary contact for sales teams across Asia, addressing inquiries and resolving payment-related issues promptly and professionally.
• Plan Alignment, Reporting & Analysis
  Support the development and administration of local SIP plans aligned with global standards. Contribute to annual and mid-year planning, and provide reporting, KPI tracking, and analytical insights to support decision-making.

Your Skills and Expertise

• Minimum five (5) years of experience in financial or data analysis, preferably in sales incentive planning or compensation operations.
• Fluent in written and spoken English; proficiency in Korean is a plus.
• Ability to work independently and collaboratively across functions and time zones within Asia.
• Advanced proficiency in Microsoft Excel and database tools.
• Strong interpersonal skills with the ability to build relationships and communicate effectively across all organizational levels.
• Well-developed project management skills; organized, reliable, and capable of managing multiple priorities.
• Excellent communication, analytical, and problem-solving abilities with high attention to detail.
• Experience with SAP, Vistex, Snowflake, Power BI, Forma. Ai, or similar systems/incentive compensation systems.

Work location: Korea, India or Malaysia

• Hybrid Eligible

Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).

Supporting Your Well-being 

Solventum offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, Solventum regularly benchmarks with other companies that are comparable in size and scope. 

Solventum is committed to maintaining the highest standards of integrity and professionalism in our recruitment process.  Applicants must remain alert to fraudulent job postings and recruitment schemes that falsely claim to represent Solventum and seek to exploit job seekers.

Please note that all email communications from Solventum regarding job opportunities with the company will be from an email with a domain of @solventum.com. Be wary of unsolicited emails or messages regarding Solventum job opportunities from emails with other email domains.

Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.

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