Manager, Incentive Compensation-Neuroscience & Strategic Customer Group-Titusville, NJ
Johnson & JohnsonAbout the role
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 EnablementJob Sub Function:
Sales Operations & AdministrationJob Category:
People LeaderAll Job Posting Locations:
Titusville, New Jersey, United States of AmericaJob Description:
J&J Innovative Medicine is recruiting for a Manager, Incentive Compensation, Neuroscience & Strategic Customer Group (SCG). This position is based in Titusville, NJ.
About Innovative Medicine
Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow.
Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way.
Learn more at https://www.jnj.com/innovative-medicine
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 incentive compensation is preferred
Previous people management experience is preferred
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