Sales Compensation Analyst

Principal Sales Compensation AnalystNorth Canton, Ohio, United States, 44720 What Timken makes possible begins with you. Those who came before us helped land a man on the moon, create the world's infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what's next. A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today's industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what's possible in their world of motion. The Timken Company is seeking a Principal Sales Compensation Analyst to lead the design, optimization, and administration of global sales compensation programs that fuel growth, performance, and customer-centric behaviors. This highly visible role partners with Sales Leadership, Finance, HR, and business leaders around the world to create innovative, data-driven compensation strategies that drive results. As the Principal Sales Compensation Analyst, you will combine strategic thinking, advanced analytics, financial acumen, and modern technology to design compensation programs that align pay with performance across diverse sales roles, product lines, channels, and global markets.Key ResponsibilitiesSales Compensation Design & StrategyDesign and refine global sales compensation plans including base pay salary structures, incentive plans, and pay mix optimization amongst varying sales roles globallyAlign compensation programs with business strategy and industrial sales cyclesConduct scenario modeling to evaluate plan effectiveness, cost, and behavioral outcomesAdvanced Analytics and AI-Driven InsightsLeverage advanced analytics, AI tools, and forecasted sales performance to estimate payout distributions and identify over/under performance trendsIncorporate external market data and historical data trends into compensation modeling frameworksUtilize tools such as PowerBI or other AI-enabled compensation platformsPay Mix OptimizationConduct pay mix analyses across roles and geographies to ensure competitiveness and alignment to external markets and internal business/growth strategiesCompensation Administration & SystemsAdminister global sales compensation plans through modern toolsEnsure accurate and timely quarterly/annual incentive calculationsPartner with internal departments (IT, Sales, Finance, etc.) to maintain data integrity and optimize/automate manual workflowsLead sales compensation systems implementation and enhancementsReporting & Business InsightsDevelop executive-level dashboards and reporting on sales performance vs. plan and incentive attainment and payout analysesProvide actionable insights to sales leadership regarding effectiveness of sales compensation programsQualifications/Functional SkillsBachelor's degree in Human Resources, Accounting/Finance, Business, Economics or related field, Master's degree preferred, CCP certification a plus5-10 years in Sales Compensation, Compensation, Accounting/Finance or related field, preferably in a global manufacturing environmentSales compensation experience (market pricing, survey benchmarking, incentive plan design, merit cycles, etc.)Advanced Excel skills, and experience with Compensation systems/HRIS tools preferred (e.g., SuccessFactors, Workday, MarketPay)Demonstrates strong systemic thinking by understanding how decisions and processes are interconnected across functions, regions and organizational levels, anticipating downstream impacts and aligning actions with overall business strategyAbility to work collaboratively in cross-functional teams and build strong working relationship across HR, HRIS, IT, Finance and business functionsExceptional analytical, critical thinking and project management skills; Applies a data-driven approach to solving complex problems, ensuring solutions align with both organizational strategy and operational executionClear written and verbal communication skills for stakeholders at all levelsHigh attention to detail and commitment to data integrityAbility to manage multiple priorities in a fast-paced environmentAll qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.Timken is a global technology leader in engineered bearings and industrial motion. Our expanding portfolio of next-generation solutions helps customers around the world improve efficiency, solve their toughest challenges, and push the boundaries of performance. We employ 19,000 people globally, operate from 45 countries, and posted $4.6 billion in sales in 2025. We have been recognized as one of America's Most Responsible Companies 6x by Newsweek and one of the World's Most Ethical Companies® 15x by Ethisphere.Why Choose Timken?Over a century of knowledge and innovationA culture of top performanceA global, diverse environmentProducts that contribute to a sustainable worldA conviction to improve communities around usCompetitive salary and benefits