Syneos Health Commercial Solutions · 1 day ago
Incentive Compensation Manager
Bridgewater, NJ
Full-time
Onsite
Senior Level
$120K/yr - $135K/yr
5+ years expSyneos Health Commercial Solutions is dedicated to solving commercialization challenges in the healthcare sector. The Incentive Compensation Manager will design, implement, and maintain compensation programs while delivering competitive and performance-driven compensation to support company objectives.
Biotechnology
Responsibilities
Serve as the primary contact and subject matter expert for incentive compensation (IC) services from implementation, including design, gathering requirements, documenting specifications for programming and report generation, developing/maintaining timelines, quality control, and coordination of administrative activities (e.g., billing)
Produce clearly written narratives, documents, and decks that include data visualizations such as charts, infographics, and dashboards to communicate measurement plans, findings, caveats, and actionable recommendations to cross-functional stakeholders
Develop and maintain project documentation, including scope documents
Lead the design of IC initiatives
Work independently to process information and data to create reports on activities, trends, and projections regarding incentive plan performance, efficiencies, and possible improvements
Train leadership, managers, and business partners on incentive plans
Meet with management to establish, monitor, and review performance
Prepare detailed workflow charts and diagrams that describe input, output, and logical operations
Other projects as deemed necessary by management
Qualification
Required
Bachelor's degree required or equivalent experience (Business, Economics, Statistics, Mathematics, Computer Science, or a related field preferred)
Five (5) years of progressively responsible professional-level work experience in incentive compensation in the pharmaceutical industry
Must be advanced in the use of Microsoft Excel, including the ability to do complex formulas, pivot tables, and power pivot reports
Proficiency with standard Microsoft Office applications (Word, PowerPoint, Outlook)
Database query skills (e.g., Microsoft Access, SQL, or equivalent)
Ability to set and maintain multiple priorities in a fast-paced and deadline-oriented environment with shifting priorities while providing deliverables in a timely fashion
Must be well-organized with excellent time management skills, attention to detail, and accuracy
Ability to develop/create professionally formatted summary materials (e.g., spreadsheets, tables, charts)
Strong verbal and written communication skills
Strong meeting facilitation skills including information gathering, feedback sessions, and facilitating training sessions
Ability to identify and understand broad-scope issues while simultaneously attending to details
Must be a team player with excellent follow-up and customer service skills
Must be self-motivated and results-oriented; take ownership of projects and produce results
Pro-active, goal-oriented, and able to move quickly to resolution
Proven strong analytical, critical thinking, and problem-solving skills, and ability to synthesize information and data from a variety of sources
Ability to apply sound judgment to solve problems and make defensible recommendations
Understand how certain compensation issues may impact other company departments
Preferred
Master's degree in a directly related field is preferred
Experience with incentive compensation platforms (Varicent, Xactly, Oracle SPM, SAP Commissions, Anaplan, or Others)
Previous IC reporting experience specific to sales teams
Benefits
Health benefits to include Medical, Dental and Vision
Company match 401k
Flexible paid time off (PTO) and sick time
Company
Syneos Health Commercial Solutions
Syneos Health® is a leading fully integrated biopharmaceutical solutions organization built to accelerate customer success.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Phil Moussally
CFO Deployment Solutions
Barrie Pendsay
Chief Operating Financial Officer
Company data provided by crunchbase