Senior Incentive Compensation Analyst

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Updated: May 12, 2021
Location: Bengaluru, KA, India
Job ID: 130082


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Overview

You’re driven, resourceful, and above all else - remarkably smart.
 
You love a good challenge. You are the first to roll up your sleeves and work with relentless energy until you solve the unsolvable, beat the unbeatable and you always come out on top. Passable doesn’t cut it – you’ve got fire in your belly to learn more, do more and be more. For you, the sweetest success is shared success and you’re known for your good nature. You’ll fit right in at Syneos Health where we surround ourselves with the most talented and agile professionals in the industry, but we check our egos at the door.

Why Syneos Health? Join a game-changing global company that is reinventing the way therapies are developed and commercialized. Created through the merger of two industry leading companies - INC Research and inVentiv Health - we bring together more than 23,000 clinical and commercial minds to create better, smarter, faster ways to get biopharmaceutical therapies to patients. Teaming with some of the most talented professionals in the industry, you'll gain exposure and work in a dynamic environment where you'll be supported with comprehensive resources including emerging technologies, data, science and knowledge sharing. Grow your career with a global company committed to shortening the distance from lab to life.

Responsibilities

This role will be responsible for implementing and maintaining compensation programs, policies and procedures that support the achievement of company objectives by delivering fair, competitive, and performance driven compensation in a cost effective manner to clients.  Responsibilities include compensation program analysis, design, creation, maintenance and administration, bonus and incentive processes and programs. In addition, the position is responsible for data analysis and reporting and provides necessary professional and/or technical level support and guidance.  Functions as an internal consultant to identify and resolve various compensation-related issues/questions.

 

Key Job Responsibilities:
(Duties may include, but not limited to all or some of the following)

  • Back office support for IC services from implementation to project shut down, including design, gathering requirements, documenting specifications for programming and report generation, developing/maintaining timelines, QC, and coordination of administrative activities (i.e. billing) appropriately.
  • Provide direction to subordinated and perform quality control functions on all IC deliverables.
  • Develop and maintain project documentation including scope documents.
  • Work independently to process information and data to create reports on activities, trends, and projections regarding incentive plan performance, efficiencies, and possible improvements.
  • Meet with IC Management and team members to establish, monitor and review performance.
  • Prepare detailed workflow charts and diagrams that describe input, output, and logical operation
  • Other projects as deemed necessary by Management.

Job Requirements

Along with demonstrated initiative, uncompromised integrity and a results-oriented mindset, the ideal candidate has:

  • Understanding of the full IC process, inclusive but not limited to the behavioral economics of IC, IC structures and calculations.
  • Must demonstrate advanced proficiency in the use of Microsoft Excel, including the ability to create complex models, formulas, pivot tables, macros, VBA and power pivot reports.
  • Database query skills (e.g. Microsoft Access, SQL or equivalent)
  • Proficiency with standard Microsoft Office applications (Access, Word, Power Point, Outlook)
  • Ability to develop/create professionally formatted summary materials (e.g. spreadsheets, tables, charts).
  • Strong verbal and written communication skills.
  • Minimum Education: Bachelor's degree in human resources, finance/accounting, or a business-related field. Master’s Degree in a directly-related field preferred
  • Minimum Experience: 5 years professional-level work experience in incentive compensation preferably in the Pharmaceutical arena. Strong data analysis/financial analysis skills; SQL, IC tool, advanced Microsoft Office (i.e. Excel, Access, Word, and PowerPoint) skills.  Previous IC reporting experience is mandatory.
  • Preferred: Experience with industry IC Tools; Advanced SQL and/or VBA skills

 

Make your work matter everywhere. Be a driving force in a rapidly evolving healthcare industry.

Syneos Health companies are affirmative action/equal opportunity employers (Minorities/Females/Vets/Disabled)


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