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Manager, Incentive Compensation

Johnson & Johnson

Horsham

On-site

GBP 100,000 - 125,000

Full time

9 days ago

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Job summary

An established industry player is seeking a Manager of Incentive Compensation to lead operations and analytics for their oncology division. This role involves ensuring compliance with regulations, processing incentive compensation, and collaborating with cross-functional teams to enhance sales operations efficiency. The ideal candidate will have a strong background in business, preferably within the pharmaceutical or healthcare sectors, and be adept at managing data and processes. This exciting opportunity offers a chance to make a significant impact on sales performance and contribute to the success of innovative healthcare solutions.

Qualifications

  • 5+ years of business experience, preferably in healthcare sales.
  • Strong knowledge of incentive compensation and compliance regulations.

Responsibilities

  • Lead execution of incentive compensation operations and analytics.
  • Ensure compliance with global laws and regulations.
  • Collaborate with various teams to process and validate compensation reports.

Skills

Incentive Compensation
Sales Operations
Data Management
Compliance
Project Management

Education

Bachelor's Degree

Tools

@ Your Service platform (AYS)

Job description

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at https://www.jnj.com

Job Function: Sales Enablement

Job Sub Function: Sales Operations & Administration

Job Category: Professional

All Job Posting Locations: Horsham, Pennsylvania, United States of America

Job Description:

Johnson & Johnson is recruiting for a Manager, Incentive Compensation primarily supporting ONCOLOGY with extended support to J&J IM as required. This position is based in Horsham, PA.

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.

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

Qualifications:

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

Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law.

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