Director, Executive Compensation

IDEXX Laboratories, Inc.; Westbrook (ME); On-site; USD 120,000 - 200,000; Full time

Job summary

IDEXX Laboratories, Inc. is seeking a Director of Executive Compensation based in Westbrook, Maine. In this pivotal role, you will be responsible for designing and implementing executive compensation programs. You will work with various teams, including legal and investor relations, and manage complex compensation structures. The ideal candidate has over ten years of relevant experience and strong analytical capabilities. This position offers opportunities for collaboration across departments to enhance compensation strategies.

Qualifications

• 10 years of functional experience in designing and managing executive compensation programs.
• Ability to manage and assess complex issues.
• Strong attention to detail and accuracy.

Responsibilities

• Oversee design and implementation of executive compensation programs.
• Prepare proxy statement compensation tables and other related materials.
• Collaborate with legal in shareholder outreach efforts.

Skills

Influencing others

Technical and analytical ability

Project management skills

Communication skills

Collaboration skills

Financial acumen

Excel and PowerPoint

Education

Bachelor's degree in Business, Finance or Accounting

Job description

Overview

The Director of Executive Compensation is a key member of the Total Rewards COE. Reporting to the Senior Director, Global Total Rewards, this role will oversee the design, development, execution and administration of the Company’s executive compensation programs across the globe. This position will ensure the appropriate programs are in place to support IDEXX’s global growth and strategic objectives.

Responsibilities

• You will oversee the design, development, and implementation of executive compensation related plans and programs.
• You will serve as executive compensation team technical lead for annual proxy planning and drafting process. This includes being a core team member helping to coordinate production process with legal. You will also serve as the primary contact for financial reporting staff’s review of the proxy.
• You will be responsible for the preparation and/or review of all proxy statement compensation tables (executive and director) as well as related footnotes. Responsible for drafting language regarding executive compensation programs for inclusion in proxy statement CD&A.
• You will collaborate with Legal and Investor Relations in shareholder outreach efforts with respect to executive compensation programs.
• You will be responsible for the annual review of market data for all senior executives.
• You will provide expert support on executive job evaluations and provide compensation recommendations for both internal and new hire positions.
• You will be responsible for the production process of meeting materials for the Compensation and Talent Committee (C&TC) of the Board of Directors. This includes preparation of executive compensation materials, which involves interaction with the C&TC’s independent consultant, providing information and aligning strategy and materials between consultants and management.
• You will ensure that programs are aligned with Executive Compensation philosophy and strategies. Responsible for regular external studies to determine effectiveness and competitiveness of executive compensation programs. Model potential financial impact of alternatives and future programs.
• You will develop and maintain peer competitive intelligence for real-time understanding of competitive landscape.
• You will be responsible for the Deferred Compensation Plan and serve as liaison with Benefits area for executive benefits.
• You will be responsible for equity plan communication and administration related to retirees and Board of Directors.
• You will liaise with legal department colleagues to remain current on compensation-related laws and trends and recommend changes to our programs as appropriate. Partner with appropriate internal parties to ensure internal program compliance.
• You will develop communications to ensure plan participants understanding of programs and increase the perceived value of executive compensation offerings.
• You will develop collaborative working relationships with internal and external resources (including legal, corporate accounting and finance, investor relations, tax, legal, payroll, etc.) to ensure all actions, plans and programs pertaining to executive compensation comply with internal corporate governance guidelines and external regulatory requirements.
• You will participate in rotation/special projects within the global total rewards organization; including management of pay audit / pay gap reporting activities.

Qualifications

• Bachelor7s degree in Business, Finance or Accounting or equivalent relevant experience.
• 10 years of functional experience in designing and managing executive, including long-term incentive. compensation programs on a global basis or the equivalent combination of education and experience.
• Demonstrated ability to influence others and drive results.
• Ability to comprehend, manage, assess and integrate a variety of complex issues and viewpoints.
• Strong technical and analytical ability, with an eye for detail and accuracy.
• Strong project management skills, able to manage multiple priorities and meet deadlines.
• Strong written and verbal communication skills.
• Strong collaboration skills and facilitation skills with the ability to build relationships across multiple functions.
• Robust financial acumen; understanding of accounting and tax issues related to executive compensation programs preferred.
• Flexibility to work well under pressure managing multiple priorities and tight deadlines.
• Advanced knowledge of Excel and PowerPoint.
• Strong interpersonal skills, with the ability to build relationships across multiple functions.
• Demonstrated ability to gain the attention and respect of senior level leaders and effectively present information to executives.
• Ability to handle sensitive and confidential information appropriately.

IDEXX is an equal opportunity employer. Applicants will not be discriminated against because of race, color, creed, sex, sexual orientation, gender identity or expression, age, religion, national origin, citizenship status, disability, ancestry, marital status, veteran status, medical condition, or any protected category prohibited by local, state, or federal laws.