Senior Manager, Executive Rewards

Sandoz; Madrid; Presencial; EUR 90.000 - 120.000; Jornada completa

Descripción de la vacante

Sandoz is seeking a Senior Manager Executive Rewards to lead governance, reporting, and analytics for board and executive compensation. You will coordinate with Finance, Investor Relations, Legal, and external providers to ensure IFRS-compliant disclosures and timely audit-ready materials.

The role requires strong finance experience in multinational settings, fluency in English, and adept project management. It offers a global platform within a growing, transformation phase at Sandoz in Madrid.

Formación

• Finance qualification required; MBA or postgraduate in Finance or Accounting preferred.
• Knowledge of HR/rewards preferred but not essential.
• Fluent English is mandatory; German and/or French desirable.
• Finance or Accounting experience in complex, international companies.
• Knowledge of SEC and IFRS regulations surrounding Executive Compensation is a plus.
• Strong business and financial acumen.
• Proven analytical and decision-making skills; demonstrated project management skills.

Responsabilidades

• Governance and Compliance: develop systems to compile and deliver compensation data for disclosures.
• Consolidate and filter reportable payroll, equity, and benefits data for EC & BoD FY compensation.
• Prepare data for compensation reports, notes, and disclosures; contribute to writing.
• Partner with Finance, IR, Legal and external providers for annual reports and say-on-pay.
• Ensure coordination on EC & Board compensation across functions.
• Data validation and detailed calculations for internal and external reporting.
• Manage relationships with statutory auditors and provide supporting documentation.
• Apply IFRS; simplify processes; align with FRA and Legal.
• Prepare compensation report submissions for the Board.
• Document processes using process mapping for Compensation Committee.
• Fully integrates Executive Committee compensation with external reporting simulations; support EC annual performance review.
• Collaborates with Finance to consolidate KPIs for reporting of performance.
• Global compensation team: integrate as part of rewards; year-end tasks for EC & SLT; support analytics.

Conocimientos

Fluent English

German or French desirable

Analytical skills

Project management

Financial acumen

Educación

Finance degree

MBA or Finance/Accounting postgraduate

Descripción del empleo

Job Description Summary

Our global Rewards team is hiring!

Job Description

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally.

As a newly independent company we are focused on growth. We see growth as the engine powering everything we want to achieve for patients. It will allow us to innovate & pioneer greater access to high-quality medicines, but we can only do this by bringing the best and the brightest minds together.

As Senior Manager Executive Rewards, you’ll be accountable for financial reporting and accounting of board and executive compensation that is audited and published in the compensation report, the notes to the financial statements of Sandoz Group AG and other corporate reports (AGM presentations, say-on-pay, investor presentations, proxy advisor platforms), also you’ll be accountable for the instalment of Board fees, provide Executive Rewards analytics, and develop Global rewards governance and policies.

Your responsibilities will include:

• Governance and Compliance:
• Develop and manage robust systems, tools, and processes to compile, analyze, and deliver accurate compensation data for corporate disclosures, ensuring compliance with legal requirements and IFRS standards.
• Consolidate and filter reportable payroll, equity, and benefits data for EC & BoD members’ FY compensation calculations.
• Prepare and format data for inclusion in compensation reports, financial statement notes, and annual corporate disclosures. Contribute to the writing of such documents.
• Partner closely with Finance, Investor Relations, Legal, and external providers to meet reporting requirements for annual reports, say-on-pay, AGM, corporate audits, and shareholder approvals.
• Ensure seamless coordination on EC & Board members’ compensation matters across functions.
• Conduct rigorous data validation and prepare detailed calculations, analysis, and documentation for both internal and external reporting.
• Manage relationships with statutory auditors to ensure timely audit closures and provide the necessary supporting documentation.
• Apply current reporting and accounting standards (including IFRS) and proactively simplify processes where feasible, ensuring alignment with FRA and Legal.
• Prepare compensation report submissions for the Board.
• Document processes using the process mapping tool for Compensation Committee and annual reporting preparation.
• Perform regular controls and continuous improvements over the reporting process.
• Board and Executive Committee compensation
• Board compensation: Consolidate Board members’ election results and prepare new AGM budget. Manage Board fee instalment calculation tool, computes the Board fee payments and instructs payroll for timely payment. Work closely with Equity team to manage shares granting.
• EC compensation: Fully integrates the Executive Committee compensation review with external reporting simulations to allow the Human Capital and ESG Committee to see the full picture and take decisions in context. Supports the Executive Committee annual performance and compensation review process. Collaborates across Finance and other teams to consolidate financials and KPIs to report business and individual performance.
• Global compensation team: Integrates as part of the rewards team and performs other tasks as required in the area of global compensation and executive compensation. Manage year-end compensation tasks for EC & SLT members, including salary letter, payroll instruction, LTPP instruction. Represent the rewards function within multi-functional projects. Support Executive Rewards team on analytics
• Fully integrates the Executive Committee compensation review with external reporting simulations to allow the Human Capital and ESG Committee to see the full picture and take decisions in context.
• Supports the Executive Committee annual performance and compensation review process. Collaborates across Finance and other teams to consolidate financials and KPIs to report business and individual performance. EC compensation: Consolidate Board members’ election results and prepare new AGM budget. Manage Board fee instalment calculation tool, computes the Board fee payments and instructs payroll for timely payment. Work closely with Equity team to manage shares granting.
• Rewards Governance and policies: Manage updates of governance and policies in line with changes in compensation design and framework. Ensure necessary approvals, and timely documentation and publication of governance and policy documents

What you need to bring to the role:

• Qualification in finance required. MBA or postgraduate in Finance or Accounting preferred,
• Knowledge of HR / rewards preferred but not essential
• Fluent English is mandatory, German and/or French desirable
• Finance or Accounting experience, in complex, international companies
• Knowledge of SEC and IFRS regulations surrounding Executive Compensation is a plus
• Strong business and financial acumen
• Proven analytical and decision-making skillsDemonstrated project management skills

What you’ll receive:

Sandoz compensation is determined by job level, qualifications, niche skills, experience, and location within company salary ranges. Fully proficient and highly effective employees can expect a starting salary around market median, with those new to the level or with less functional depth at the lower end of the range and those with sustained superior or niche skills towards the higher end of the range. Internal equity and external market data inform our range placement. Annual salary reviews consider performance outcomes, market alignment, and business needs.

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported!

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Hiring decisions are only based on the qualification for the position, regardless of gender, ethnicity, religion, sexual orientation, age and disability.

#Sandoz

Skills Desired

Compensation & Benefits, Compensations Management (Employees), Employee Engagement, Employee Relationship Management (Erm), Global Mobility, Hr Administration, Hr Policies, Job Architecture, Job Evaluation, Mergers and Acquisitions (M&A), Organizational Design, Organizational Development (OD), Private Equity, Retirement Planning, Sdm, Strategic Human Resources Leadership, Succession Planning, Talent Management, Work Schedules