Head of Executive Compensation

Idexx•Westbrook, ID

10d

About The Position

The Head of Executive Compensation is a key member of the Total Rewards COE. Reporting to the Head of Total Rewards, this role will oversee the design, development, execution and administration of the Company’s executive compensation programs across the globe. This position will ensure the appropriate programs are in place to support IDEXX’s global growth and strategic objectives. What You Will Be Doing: You will oversee the design, development, and implementation of executive compensation related plans and programs . You will serve as executive compensation team technical lead for annual proxy planning and drafting process. This includes being a core team member helping to coordinate production process with legal. Also serves as the primary contact for financial reporting staff’s review of the proxy. You will be responsible for the preparation and / or review of all proxy statement compensation tables (executive and director) as well as related footnotes. Responsible for drafting language regarding executive compensation programs for inclusion in proxy statement CD&A . You will collaborate with Legal and Investor Relations in shareholder outreach efforts with respect to executive compensation programs. You will be responsible for the annual review of market data for all senior executives. You will provide expert support on executive job evaluations and provides compensation recommendations for both internal and new hire positions. You will be responsible for the production process of meeting materials for the Compensation and Talent Committee (C&TC) of the Board of Directors . This includes preparation of executive compensation materials, which involves interaction with the C&TC’s independent consultant, providing information and aligning strategy and materials between consultants and management. You will ensure that programs are aligned with Executive Compensation philosophy and strategies. Responsible for regular external studies to determine effectiveness and competitiveness of executive compensation programs. Model potential financial impact of alternatives and future programs. You will develop and maintain peer competitive intelligence for real-time understanding of competitive landscape. You will be responsible for the Deferred Compensation Plan and serve as liaison with Benefits area for executive benefits . You will be responsible for equity plan communication and administration related to retirees and Board of Directors. You will liaise with legal department colleagues to remain current on compensation-related laws and trends and recommend changes to our programs as appropriate. Partner with appropriate internal parties to ensure internal program compliance. You will develop communications to ensure plan participants understanding of programs and increase the perceived value of executive compensation offerings. You will develop collaborative working relationships with internal and external resources (including legal, corporate accounting and finance, investor relations, tax, legal, payroll, etc.) to ensure all actions, plans and programs pertaining to executive compensation comply with internal corporate governance guidelines and external regulatory requirements. You will participate in rotation/special projects within the global total rewards organization; including management of pay audit / pay gap reporting activities.

Requirements

Bachelor’s degree in Business, Finance or Accounting or equivalent relevant experience
10 years of functional experience in designing and managing executive, including long-term incentive. compensation programs on a global basis or the equivalent combination of education and experience
Demonstrated ability to influence others and drive results
Ability to comprehend, manage, assess and integrate a variety of complex issues and viewpoints
Strong technical and analytical ability, with an eye for detail and accuracy
Strong project management skills, able to manage multiple priorities and meet deadlines
Strong written and verbal communication skills
Strong collaboration skills and facilitation skills with the ability to build relationships across multiple functions
Robust financial acumen; understanding of accounting and tax issues related to executive compensation programs preferred
Flexibility to work well under pressure managing multiple priorities and tight deadlines
Advanced knowledge of Excel and PowerPoint
Strong interpersonal skills, with the ability to build relationships across multiple functions
Demonstrated ability to gain the attention and respect of senior level leaders and effectively present information to executives
Ability to handle sensitive and confidential information appropriately

Responsibilities

oversee the design, development, and implementation of executive compensation related plans and programs
serve as executive compensation team technical lead for annual proxy planning and drafting process
responsible for the preparation and / or review of all proxy statement compensation tables (executive and director) as well as related footnotes
Responsible for drafting language regarding executive compensation programs for inclusion in proxy statement CD&A
collaborate with Legal and Investor Relations in shareholder outreach efforts with respect to executive compensation programs
responsible for the annual review of market data for all senior executives
provide expert support on executive job evaluations and provides compensation recommendations for both internal and new hire positions
responsible for the production process of meeting materials for the Compensation and Talent Committee (C&TC) of the Board of Directors
ensure that programs are aligned with Executive Compensation philosophy and strategies
responsible for regular external studies to determine effectiveness and competitiveness of executive compensation programs
develop and maintain peer competitive intelligence for real-time understanding of competitive landscape
responsible for the Deferred Compensation Plan and serve as liaison with Benefits area for executive benefits
responsible for equity plan communication and administration related to retirees and Board of Directors
liaise with legal department colleagues to remain current on compensation-related laws and trends and recommend changes to our programs as appropriate
develop communications to ensure plan participants understanding of programs and increase the perceived value of executive compensation offerings
develop collaborative working relationships with internal and external resources
participate in rotation/special projects within the global total rewards organization; including management of pay audit / pay gap reporting activities