GGalderma logo

Galderma

Pharmaceutical Manufacturing · 9k people

Senior Manager, Incentive Compensation

Posted 30 Oct

What’s this role about? The Senior Manager, Incentive Compensation is responsible for designing and administering sales incentive plans to support business objectives. This role collaborates with cross-functional teams to ensure plans are motivating, fiscally responsible, and aligned with market trends.

Boston, Massachusetts
Hybrid
$159K – $199K
Full-time
10+ years exp
Bachelor degree

Skills required

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Company

About Galderma Galderma is the leading company solely dedicated to skin and advancing the future of dermatology. We deliver an innovative, science-based portfolio of sophisticated brands and services across Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Through trusted partnerships with healthcare professionals, we ensure to meet individual consumer and patient needs with superior outcomes.

Galderma

Advancing dermatology for every skin story

DermatologySkin healthAestheticsConsumer Careand Prescription
GGalderma logo
5,001-10,000 employees
Pharmaceutical Manufacturing
Privately Held
570k LinkedIn followers
Raised $9.9B

Responsibilities

  • The Senior Manager, Incentive Compensation will be a key member of the Galderma Commercial Excellence IC team, reporting to the Senior Director, Incentive Compensation. This position is responsible for the design and administration of incentive compensation plans and contests in support of Galderma’s US Market business units.
  • This role works in close collaboration with cross-functional stakeholders in Sales and Marketing, Finance, HR and Legal to build and administer highly effective, motivating and fiscally responsible compensation plans.
  • Lead the design and on-going administration of sales incentive compensation plans. Ensure plans motivate field personnel and support the commercial sales objectives. Build appropriate reporting and tracking for key stakeholders.
  • Identify process improvements, system automation, and data enhancements based on historical IC performance and feedback collected from the Sales leadership
  • Anticipate stakeholder needs and market trends by being externally and internally focused and leveraging a deep understanding of stakeholders
  • Identify opportunities to enhance Galderma’s competitive advantage through innovative and motivating incentive strategies
  • Perform analysis on different compensation plan changes to understand the impact on the business and partner with sales leadership on the evolution of the compensation plans as the product matures.
  • Ensure all plan designs are communicated accurately to maximize comprehension and engagement
  • Develop monthly accrual forecasts to ensure alignment between compensation plans and financial budgets.
  • Complete administrative tasks such as roster maintenance, PO generation, payroll file management, and compensation plan support.
  • Maintain and ensure consistent compliance with a quarterly cadence IC calendar by leveraging highly effective organizational skills to facilitate timely submission of deliverables

Qualification

Management & LeadershipFinance & AccountingHealthcareSalesData & Analytics
  • Bachelor’s degree in a quantitative or business-related field, required
  • 8+ years of Commercial Operations progressive experience, within a corporate environment is required
  • Direct pharmaceutical manufacturer and/or pharmaceutical consultant/vendor experience preferred
  • Strong understanding of specialty pharma markets (dermatology) preferred
  • Ability to simplify complex content to ensure key messages are effectively delivered to customer stakeholders.
  • The ideal candidate will possess expertise within the Incentive Compensation domain and is someone who is excited to work on complex business issues and is able to find creative options and innovative solutions in a constantly changing environment.
  • Proven ability to work in a team-based matrix environment without direct authority and through influence and expertise
  • Advanced Excel skills required (advanced lookup functions, pivot tables, macros, and data management).
  • Experience with data querying and data visualization tools (PowerBI, Tableau, etc.)
  • Possesses the proven ability to build relationships with key internal leaders to achieve consensus or negotiate through complex challenges
  • Ability to successfully manage multiple projects simultaneously in a fast-paced and often changing environment.
  • Demonstrated ability to act decisively in the absence of complete information and be comfortable with appropriate risk
  • Analytical skills with a high degree of accuracy and attention to detail
  • Superb written and verbal communication skills
  • Track record of creating scalable process improvements
  • 10% travel to participate in regional and national meetings
  • This job description describes the general nature and level of work performed and is not intended to be an exhaustive list of all responsibilities. Duties and responsibilities may be modified, added, or removed as necessary to meet business and organizational needs.

Benefits

  • The target base salary range for this role in Boston, MA is $159,000-$199,000 per year. This range reflects the anticipated compensation for the role. Where pay falls withing the range may vary based on many factors, including, but not limited to, job responsibilities, skills, experience, education, certifications, location and applicable geographic pay zones, market conditions, internal equity and business considerations. Compensation decisions are made based on an assessment of the candidate’s qualifications and the totality of relevant factors.
  • In addition to base salary, this role is eligible to participate in an annual short-term incentive program, subject to plan terms and eligibility requirements.
  • Galderma offers a competitive and comprehensive benefits program, including medical, dental, and vision coverage, a 401(k) plan with employer match, paid time off, and other benefits, subject to eligibility and applicable plan terms.
  • At Galderma, you’ll be part of a purpose-driven organization committed to advancing dermatology and improving patient outcomes worldwide. We offer competitive compensation, annual incentive opportunities, and comprehensive benefits, along with meaningful opportunities for growth, development, and collaboration in an inclusive and innovative environment.

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