Incentive Compensation Manager

Galderma • Boston, MA

10d • $115,000 - $155,000 • Hybrid

About The Position

Galderma is the emerging pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body's largest organ - the skin - meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin, we are in shapes our lives, we are advancing dermatology for every skin story. We look for people who focus on getting results, embrace learning and bring a positive energy. They must combine initiative with a sense of teamwork and collaboration. Above all, they must be passionate about doing something meaningful for consumers, patients, and the healthcare professionals we serve every day. We aim to empower each employee and promote their personal growth while ensuring business needs are met now and into the future. Across our company, we embrace diversity and respect the dignity, privacy, and personal rights of every employee. At Galderma, we actively give our teams reasons to believe in our bold ambition to become the leading dermatology company in the world. With us, you have the ultimate opportunity to gain new and challenging work experiences and create an unparalleled, direct impact. Job Title: Manager, Incentive Compensation Location: Boston (Hybrid - on site 3/days week) Job Description The Manager of Incentive Compensation will be a key member of the Galderma Commercial Excellence IC team, reporting to the Director of Incentive Compensation. This position is responsible for the design and administration of incentive compensation plans and contests in support of Galderma’s US Market business units. This role works in close collaboration with cross-functional stakeholders in Sales and Marketing, Finance, HR, Legal and Compliance to build and administer highly effective, motivating and fiscally responsible compensation plans.

Requirements

• Bachelor’s degree in a quantitative or business-related field, required
• 4+ years of Commercial Operations progressive experience, within a corporate environment is required
• Strong understanding of specialty pharma markets (dermatology) preferred
• Ability to simplify complex content to ensure key messages are effectively delivered to customer stakeholders.
• The ideal candidate will possess expertise within the Incentive Compensation domain and is someone who is excited to work on complex business issues and is able to find creative options and innovative solutions in a constantly changing environment.
• Proven ability to work in a team-based matrix environment without direct authority and through influence and expertise
• Advanced Excel skills required (advanced lookup functions, pivot tables, macros, and data management).
• Experience with data querying and data visualization tools (PowerBI, Tableau, etc.)
• Possesses the proven ability to build relationships with key internal leaders to achieve consensus or negotiate through complex challenges
• Ability to successfully manage multiple projects simultaneously in a fast-paced and often changing environment.
• Demonstrated ability to act decisively in the absence of complete information and be comfortable with appropriate risk
• Analytical skills with a high degree of accuracy and attention to detail
• Superb written and verbal communication skills
• Track record of creating scalable process improvements
• 10% travel to participate in regional and national meetings
• Must be authorized to work in the United States without sponsorship now or in the future. We do not offer visa sponsorship for this position.
• Position is commensurate with experience.

Nice To Haves

• Direct pharmaceutical manufacturer and/or pharmaceutical consultant/vendor experience preferred

Responsibilities

• Lead the design and on-going administration of sales incentive compensation plans.
• Ensure plans motivate field personnel and support the commercial sales objectives.
• Build appropriate reporting and tracking for key stakeholders.
• Identify process improvements, system automation, and data enhancements based on historical IC performance and feedback collected from the Sales leadership
• Anticipate customer needs and market trends by being externally and internally focused and leveraging a deep understanding of stakeholders
• Identify opportunities to enhance Galderma’s competitive advantage through innovative and motivating incentive strategies
• Perform analysis on different compensation plan changes to understand the impact on the business and partner with sales leadership on the evolution of the compensation plans as the product matures.
• Ensure all plan designs are communicated accurately to maximize comprehension and engagement
• Develop monthly accrual forecasts to ensure alignment between compensation plans and financial budgets.
• Complete administrative tasks such as roster maintenance, PO generation, payroll file management, and compensation plan support.
• Maintain and ensure consistent compliance with a quarterly cadence IC calendar by leveraging highly effective organizational skills to facilitate timely submission of deliverables.

Benefits

• In addition to base salary, we provide an opportunity to participate in an annual short-term incentive program that is based on corporate performance with a multiplier focused on individual performance.
• We offer a competitive and comprehensive benefits program including health insurance, 401(k) plan with employer match, a generous paid time off policy, hybrid work schedules and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees