Syneos Health/ inVentiv Health Commercial LLC
Incentive Compensation Design Manager
Syneos Health/ inVentiv Health Commercial LLC, Bridgewater, New Jersey, us, 08807
DescriptionYou're driven, resourceful, and above all else - remarkably smart.
In this role, you will be responsible for designing, recommending, implementing, and maintaining compensation programs, policies, and procedures that support the achievement of company objectives. This role will include management of compensation plans of key internal departments (business development, recruiting team, leadership roles) as well as client teams as required. You will be responsible for delivering fair, innovative, competitive, and performance-driven compensation in an efficient and manner to business partners throughout the organization. This role involves compensation program analysis, creation, maintenance, and administration. The manager will also be responsible for data analysis and reporting, providing necessary professional and technical support and guidance.
Key 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.Required Knowledge, Skills, and Abilities:
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).Experience with incentive compensation platforms (Varicent, Xactly, Oracle SPM, SAP Commissions, Anaplan, or Others)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 sessionsAbility 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.Qualifications:
Bachelor's degree in human resources, finance/accounting, organizational leadership/psychology, or a business-related field. Master's degree in a directly related field is preferred.Five (5) years of progressively responsible professional-level work experience in incentive compensation.Strong data analysis/financial analysis skills; advanced Microsoft Office (i.e., Excel, Access, Word, and PowerPoint) skills.Previous compensation reporting experience is mandatory.At Syneos Health, we are dedicated to building a diverse, inclusive and authentic workplace. If your past experience doesn't align perfectly, we encourage you to apply anyway. At times, we will consider transferable skills from previous roles. We also encourage you to join our Talent Network to stay connected to additional career opportunities.Why Syneos Health?
We partner with industry experts to solve and execute against today's toughest commercialization challenges facing the world's leading healthcare companies. The diversification and breadth of our new and existing partnerships create a multitude of career paths and employment opportunities on our Commercial Operations and Leadership teams. Join our game-changing, global company dedicated to creating better, smarter, faster ways to get biopharmaceutical therapies to patients. Experience the thrill of knowing that your everyday efforts are contributing to improving patients' lives around the world.Work Here Matters Everywhere | How are you inspired to change lives?Syneos Health companies are affirmative action/equal opportunity employers (Minorities/Females/Veterans/Disabled)Syneos Health has a voluntary COVID-19 vaccination policy. We strongly encourage all employees to be fully vaccinated. Additionally, certain local governments or Syneos Health customers may have vaccine requirements that apply to some of our employees. These employees are required to submit proof of vaccination to Syneos Health and maintain compliance with these requirements.At Syneos Health, we believe in providing an environment and culture in which Our People can thrive, develop and advance. We reward and recognize our people by providing valuable benefits and a quality-of-life balance. The benefits for this position will include a competitive compensation package, Health benefits to include Medical, Dental and Vision, Company match 401k, flexible paid time off (PTO) and sick time. Because certain states and municipalities have regulated paid sick time requirements, eligibility for paid sick time may vary depending on where you work. Syneos Health complies with all applicable federal, state, and municipal paid sick time requirements.#LI-RS1#LI-ComOps
In this role, you will be responsible for designing, recommending, implementing, and maintaining compensation programs, policies, and procedures that support the achievement of company objectives. This role will include management of compensation plans of key internal departments (business development, recruiting team, leadership roles) as well as client teams as required. You will be responsible for delivering fair, innovative, competitive, and performance-driven compensation in an efficient and manner to business partners throughout the organization. This role involves compensation program analysis, creation, maintenance, and administration. The manager will also be responsible for data analysis and reporting, providing necessary professional and technical support and guidance.
Key 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.Required Knowledge, Skills, and Abilities:
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).Experience with incentive compensation platforms (Varicent, Xactly, Oracle SPM, SAP Commissions, Anaplan, or Others)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 sessionsAbility 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.Qualifications:
Bachelor's degree in human resources, finance/accounting, organizational leadership/psychology, or a business-related field. Master's degree in a directly related field is preferred.Five (5) years of progressively responsible professional-level work experience in incentive compensation.Strong data analysis/financial analysis skills; advanced Microsoft Office (i.e., Excel, Access, Word, and PowerPoint) skills.Previous compensation reporting experience is mandatory.At Syneos Health, we are dedicated to building a diverse, inclusive and authentic workplace. If your past experience doesn't align perfectly, we encourage you to apply anyway. At times, we will consider transferable skills from previous roles. We also encourage you to join our Talent Network to stay connected to additional career opportunities.Why Syneos Health?
We partner with industry experts to solve and execute against today's toughest commercialization challenges facing the world's leading healthcare companies. The diversification and breadth of our new and existing partnerships create a multitude of career paths and employment opportunities on our Commercial Operations and Leadership teams. Join our game-changing, global company dedicated to creating better, smarter, faster ways to get biopharmaceutical therapies to patients. Experience the thrill of knowing that your everyday efforts are contributing to improving patients' lives around the world.Work Here Matters Everywhere | How are you inspired to change lives?Syneos Health companies are affirmative action/equal opportunity employers (Minorities/Females/Veterans/Disabled)Syneos Health has a voluntary COVID-19 vaccination policy. We strongly encourage all employees to be fully vaccinated. Additionally, certain local governments or Syneos Health customers may have vaccine requirements that apply to some of our employees. These employees are required to submit proof of vaccination to Syneos Health and maintain compliance with these requirements.At Syneos Health, we believe in providing an environment and culture in which Our People can thrive, develop and advance. We reward and recognize our people by providing valuable benefits and a quality-of-life balance. The benefits for this position will include a competitive compensation package, Health benefits to include Medical, Dental and Vision, Company match 401k, flexible paid time off (PTO) and sick time. Because certain states and municipalities have regulated paid sick time requirements, eligibility for paid sick time may vary depending on where you work. Syneos Health complies with all applicable federal, state, and municipal paid sick time requirements.#LI-RS1#LI-ComOps