Manager, Incentive Compensation

Johnson & Johnson Innovative Medicine • Horsham, PA

21h • Onsite

About The Position

The Manager, Incentive Compensation is responsible for leading the execution portion of the IC operations and analytics, including monthly and quarterly incentive compensation processing, validation, education and training, data maintenance, and quarterly bonus payments.

Requirements

• Minimum of a Bachelor’s degree is required
• Minimum of five (5) years business or related experience is required
• This position will be located in Horsham, PA and may require up to 20% domestic travel

Nice To Haves

• Previous pharmaceutical / healthcare sales experience is preferred
• Previous experience in incentive compensation is preferred
• Previous people management experience is preferred
• Knowledge of pharmaceutical secondary data sources is preferred
• Previous experience with healthcare commercial landscape is preferred

Responsibilities

• Is the Subject Matter Specialist resource for Incentive Compensation for the business unit, interacting with all levels within the organization and ensures compliance with various global laws, regulations, Human Resources and Health Care Compliance requirements
• Collaborates and works with Incentive Compensation team members, Commercial Operations & Reporting team members, Commercial Optimization & Deployment team members, Data Management team members, the Information Technology (IT) department, as well as outside vendors, to process, validate and distribute SICP reports to the sales force on a regular, timely basis and coordinates payments with Human Resources, Finance, and Payroll departments
• Provides weekly/monthly/quarterly accuracy of SICP reporting and payouts through a comprehensive set of QC checks
• Partners closely with Associate Director Incentive Compensation, Commercial Operations & Reporting, Commercial Optimization & Deployment, Data Management, Commercial Insights & Strategy, Vendors and Information Technology personnel to identify processes, implement projects, and communicate plans and timelines across the organization
• Conducts monthly IC processing validations to ensure accuracy of data, appropriate incentives, attainable goals, and to supervise performance against established plans
• Responsible for sales contest processing, sales data modeling, management of all field inquiries, recognition program administration and participating in department projects throughout the year as needed
• Oversee the design, development, communication, and maintenance of all processes and policies for sales incentive programs (i.e., cash bonus, reward points, other recognition programs) to ensure effective utilization and regulatory compliance
• Continuously looks for ways to increase sales operations efficiency
• Supports co-promotions and multiple selling models
• Works with Commercial Excellence, Sales & Marketing leadership on cyclical IC design changes and call plan changes
• Distributes incentive compensation reports to the sales force
• Supports Incentive Compensation related investigations
• Works closely with the @ Your Service platform (AYS Team)
• Manage and maintain relationships with external compensation consultants

What This Job Offers

• Job Type: Full-time
• Career Level: Manager