Sr. Manager, Compensation or Associate Director, Compensation

Knoa Pharma LLC•Stamford, CT

8d•$127,000 - $196,400•Onsite

About The Position

Knoa Pharma is hiring a Sr. Manager or Associate Director of Compensation to manage implementation, analysis, communication, and day-to-day administration of the Company’s executive and broad-based compensation programs. In partnership with the VP, Human Resources, external compensation consultant, senior management, HR colleagues, Finance, and Talent Acquisition, the role develops analyses and recommendations that help ensure compensation programs are competitive, compliant, aligned with business objectives, and supportive of pay-for-performance. The position also supports compensation program design and governance and prepares materials for the Compensation Committee of the Board of Directors. The position is primarily sedentary and office-based, with occasional travel of up to 5%, including overnight travel as needed. It has no direct supervisory or managerial responsibility. Eligible employees may participate in the Company’s comprehensive benefits program. The job description may be modified as business needs require.

Requirements

Bachelor’s degree required; an advanced degree is desirable.
For the Sr. Manager level: 10 or more years of progressive experience designing and managing compensation programs in organizations of comparable scale and complexity.
For the Associate Director level: 15 or more years of progressive experience designing and managing compensation programs in organizations of comparable scale and complexity.
Demonstrable knowledge of contemporary compensation administration practices.
Ability to develop sound analyses and recommendations and build effective working relationships with HR colleagues, Finance, and external advisers.
Demonstrable ability to achieve goals through partnering and building relationships with senior managers.
Experience supporting configuration and maintenance of HRIS compensation modules.
Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
Ability to manage multiple concurrent projects, meet deadlines, and maintain accuracy.
Excellent business and financial acumen.
Experience coordinating with third-party consultants and vendors.
Experience preparing analyses and materials to support Board-level and Compensation Committee interactions.

Nice To Haves

Advanced degree desirable.

Responsibilities

Support the VP, Human Resources and external compensation consultant in evaluating the Company’s executive and broad-based compensation programs and developing recommendations.
Implement and administer approved compensation programs in alignment with the Company’s compensation strategy, business objectives, market practices, and applicable legal requirements.
Partner with senior management, including the VP, Human Resources, to develop the corporate scorecard for the Annual Incentive Plan and performance metrics for Long-Term Incentive Plans.
Develop analysis, modeling, and supporting materials related to the Annual Incentive Plan, corporate scorecard, and long-term incentive plan performance metrics.
Manage day-to-day compensation program administration, including the year-end compensation planning process in Dayforce, compensation statements, program data, and participation in compensation surveys.
Prepare analyses and draft materials for the Board of Directors’ Compensation Committee, and support meeting preparation and presentations with the VP, Human Resources and external compensation consultant.
Draft compensation policies, guidelines, procedures, and communications for review and approval by the VP, Human Resources.
Partner with HR Business Partners and Talent Acquisition colleagues to analyze and recommend new-hire offers and other employee pay decisions, escalating significant or exceptional matters to the VP, Human Resources.
Partner with Finance to provide estimates, forecasts, and spend analyses for compensation programs.
Support ad hoc HR analytical projects, including turnover analysis, severance calculations, and related workforce reporting through Dayforce.