What are the responsibilities and job description for the Associate Director, Incentive Compensation position at Harmony Biosciences?
Harmony Biosciences is recruiting for an Associate Director, Incentive Compensation in our Plymouth Meeting, PA location. In this role you will be responsible for partnering with stakeholders in the development and administration of incentive compensation plans and sales contests within the rare orphan disease space. Success in this role depends on a deep understanding of product commercialization and how to connect operations to revenue-generating activities. It also entails developing a thorough understanding of the sales process and patient journey.
Responsibilities include but are not limited to :
Ensure the timely delivery of all quarterly and semi-annual incentive compensation payout amounts to payroll for processing
Collaborate with key stakeholders across the commercial organization to react and take proactive action to market dynamics
Manage our inventory of compensation plan templates to streamline the distribution and signing process for all participants
Work closely with finance to deliver monthly accruals and quarterly close payouts and documentation to satisfy SOX compliance requirements
Conduct quarterly presentations detailing IC payouts to the commercial leadership team designed to foster discussion that effectively drive team understanding of key events and facilitates decision-making across the stakeholders
Maintain data accuracy within HARP, our incentive compensation BI dashboards.
Develop best practices within incentive compensation to assist in driving commercial excellence and execution
Perform other duties as assigned
Qualifications :
Bachelor’s degree required; MS / MBA or other advanced degree preferred
7 years experience within the pharmaceutical / biotechnology industry designing and managing incentive compensation required
Strong knowledge of incentive compensation principles, practices and trends; ability to apply them to aligned brand strategy and sales force dynamics
Extensive understanding of pharmaceutical field sales activities, roles and behaviors; Thorough knowledge of the rare disease patient journey, including market access, specialty pharmacy and closed distribution networks, as well as HUB services
Understanding of Compliance, Legal, Medical and Regulatory drivers and guidance
Strong communication and organizational skills with the ability to manage multiple, cross-functional projects simultaneously
Proficient in the use of Microsoft Office Suite; Advanced knowledge of Excel & PowerPoint required
Physical demands and work environment :
Domestic travel is estimated to be 20% of the time for this position.
While performing the duties of this job, the noise level in the work environment is usually quiet.
Specific vision abilities required by this job include : Close vision.
Manual dexterity required to use computers, tablets, and cell phone.
Continuous sitting for prolonged periods.
What can Harmony offer you?
Medical, Vision and Dental benefits the first of the month following start date
Generous paid time off and Company designated Holidays
Company paid Disability benefits and Life Insurance coverage
401(k) Retirement Savings Plan
Paid Parental leave
Employee Stock Purchase Plan (ESPP)
Company sponsored wellness programs
Professional development initiatives and continuous learning opportunities
A certified Great Place to Work® for seven consecutive years based on our positive, values-based company culture
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