Incentive Compensation Design Manager

Syneos Health Commercial Solutions

Jan 9

Applications are closed

Job
Full-time
Senior Level
People, HR & Administration
Accounting & Tax
Newtown

Requirements

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 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.
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.

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.

FAQs

What is the primary responsibility of the Incentive Compensation Design Manager?

The primary responsibility of the Incentive Compensation Design Manager is to design, recommend, implement, and maintain compensation programs, policies, and procedures that support the achievement of company objectives, including managing compensation plans for key internal departments and client teams.

What qualifications are required for this position?

Candidates are required to have a Bachelor's degree in human resources, finance/accounting, organizational leadership/psychology, or a business-related field. A Master's degree in a related field is preferred, along with five years of progressively responsible professional-level work experience in incentive compensation.

What skills are necessary for success in this role?

Necessary skills include advanced proficiency in Microsoft Excel, strong data analysis and financial analysis capabilities, excellent written and verbal communication skills, project management abilities, and proficiency in incentive compensation platforms.

How many years of experience are required for the Incentive Compensation Design Manager position?

The position requires at least five (5) years of progressively responsible professional-level work experience in incentive compensation.

Will I be required to train others in this role?

Yes, the Incentive Compensation Design Manager will be responsible for training leadership, managers, and business partners on incentive plans.

What type of tools will I need to use in this position?

You will need to be proficient in Microsoft Office applications (Excel, Word, PowerPoint, Outlook), and you should have experience with incentive compensation platforms such as Varicent, Xactly, Oracle SPM, SAP Commissions, Anaplan, or others.

Is previous compensation reporting experience mandatory for applicants?

Yes, previous compensation reporting experience is mandatory for applicants seeking this role.

What kind of environment does Syneos Health promote?

Syneos Health promotes a diverse, inclusive, and authentic workplace and encourages all candidates to apply, even if their past experience doesn't align perfectly with the job description.

What benefits are offered for this position?

The benefits for this position include a competitive compensation package, health benefits (Medical, Dental, and Vision), a company match 401k, flexible paid time off (PTO), and sick time.

Will I have the opportunity to work independently in this role?

Yes, the Incentive Compensation Design Manager will work independently to process information and data to create reports on activities and trends related to incentive plan performance.

Syneos Health Commercial Solutions

Science & Healthcare

Industry

10,001+

Employees

Mission & Purpose

Syneos Health® (Nasdaq:SYNH) is the only fully integrated biopharmaceutical solutions organization built to accelerate customer success. We translate unique clinical, medical affairs and commercial insights into outcomes to address modern market realities. We bring together a talented team of professionals, who work across more than 110 countries, with a deep understanding of patient and physician behaviors and market dynamics. Together we share insights, use the latest technologies and apply advanced business practices to speed our customers’ delivery of important therapies to patients. Syneos Health supports a diverse, equitable and inclusive culture that cares for colleagues, customers, patients, communities and the environment.