Assoc Dir, Incentive Compensation & Field Performance
ANI Pharmaceuticals, Inc. · Princeton, NJ · 2 days ago
RemoteRemoteHuman Resources$170k–$200k/yrFull-time
Responsibilities
- Incentive Compensation (IC) Own the end-to-end IC plan design process annually, including plan framework development, quota methodology, pay mix decisions, payout curve design, and IC plan documentation for all field sales teams.
- Develop and maintain in-house IC redesign modeling capabilities; independently execute scenario analyses, sensitivity models, and budget impact analyses for all leadership-driven redesign requests, eliminating reliance on vendor change orders for modeling work.
- Serve as the primary IC strategic advisor to the ED, Operations, CCO, VP of Sales, Head of Business Unit, and IC Governance Committee; present plan designs, redesign options, and financial modeling results with supporting analysis.
- Direct and manage Beghou Consulting as a defined-scope vendor for IC administration, Mainsail platform operations, data processing, and quarterly payout calculations; own vendor scope definition, contract oversight, and change order management to control costs.
- Establish and enforce IC program policies, governance procedures, and plan approval workflows, including coordination with the IC Executive Committee and HR/Payroll for plan sign-off and payout execution.
- Lead IC plan communication to the field sales force; develop and deliver clear, accurate IC plan documents and training materials to ensure full understanding of plan mechanics and payout calculations.
- Manage quarterly IC operations including goal and baseline setting, final payout approvals, exception and appeal reviews, and award and contest rankings in coordination with Beghou.
- Develop and promote IC best practices across business units; identify automation and process improvement opportunities in IC reporting and data workflows.
- Ensure accurate monthly, quarterly, and annual IC reporting for senior management and field; maintain data integrity across IC systems and reporting outputs.
- Provide IC onboarding and ongoing training for new field sales hires and internal stakeholders.
Operations Analytics & Field Performance
- Partner with the Analytics team to integrate sales performance data into IC modeling; validate baselines, attainment inputs, flag IC anomalies, and build leadership-facing visibility dashboards for plan performance.
- Develop and maintain field performance reporting including territory-level productivity, ranking, and trend analysis to support sales leadership decision-making across all commercial business units.
- Support quarterly and ad-hoc analytics requests from commercial leadership related to IC performance, field productivity, and business unit results.
Financial Analytics
- Partner with Finance on IC dollar re-forecasts during Latest Estimate (LE) cycles; provide accurate IC accrual inputs aligned to current plan attainment and payout projections.
- Work with Finance on month-end IC accruals; ensure timely and accurate accrual submissions and reconcile any variances to actuals at payout.
- Support ad-hoc financial modeling and analysis requests from commercial leadership, including field force cost modeling, ROI analysis, and budget variance reporting.
- Provide analytical support for commercial operations budget tracking, spend reporting, and financial planning activities.
Procurement
- Manage vendor contracts and purchase orders for commercial operations vendors, including IC administration, data providers, and analytics platforms; own SOW development, invoice review, and spend tracking.
- Support procurement processes for all commercial operations vendors, including vendor evaluation, onboarding, contract renewals, and change order management.
- Serve as the commercial operations liaison to Finance and Procurement for vendor governance, ensuring alignment on cost management and compliance with company purchasing policies.
Qualifications and Education Requirements
- BA/BS degree required; MBA or advanced degree in Finance, Business, or a related field preferred.
- 5+ years of experience in pharmaceutical or life sciences sales incentive compensation required.
- Demonstrated ability to independently design and model IC plans, including payout curves, quota methodology, and budget impact analyses, without vendor dependence.
- Advanced proficiency in Microsoft Excel (financial modeling, scenario analysis); experience with IC platforms (e.g., Mainsail, Xactly, Anaplan, or equivalent) strongly preferred.
- Proven track record presenting IC plan design and financial modeling results to executive leadership (CCO, VP Sales, or equivalent).
- Strong understanding of pharma sales force structure, territory design, and sales operations.
- Exceptional project management skills with the ability to manage multiple plan cycles, deadlines, and stakeholder workstreams simultaneously.
- Credible with senior commercial leadership and cross-functional partners including HR, Finance, and Analytics.
- Proficient in Microsoft PowerPoint, Outlook, and Teams.
Pay
The base salary range for this position is $170,000 - $200,000; the exact salary depends on various factors such as experience, skills, education, location, competencies and industry-specific knowledge. In addition to base salary, this position is eligible for participation in a competitive short term and long term incentive program based on performance and company results.
Benefits
ANI Pharmaceuticals offers a variety of benefits to eligible employees, including health insurance coverage, life and disability insurance, retirement savings plans, paid leave programs, paid holidays and paid time off.