Teva Field Incentive Compensation Manager 

United States, New Jersey 

729706892

ESSENTIAL AREAS OF RESPONSIBILITY

All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments.

• Provide analytical support in the design, implementation, evaluation, and reporting of field incentive compensation plans, including the development and deployment of sales goals/quotas.
• Deliver monthly/quarterly incentive compensation results and ranking reports to management and field sales teams. Address any inquiries related to performance data or compensation as needed.
• Collaborate with cross-functional teams (Sales, Finance, HR, IT) to streamline workflows and ensure seamless integration of incentive compensation data.
• Continuously identify and leverage opportunities to enhance planning, reporting, and data management processes to improve accuracy and efficiency.
• Develop internal tools and processes to improve the scalability and effectiveness of incentive compensation functions.
• Provide training and ongoing support to internal teams regarding new systems, processes, and data management practices related to incentive compensation.
• Mentor and guide junior employees in incentive compensation processes, best practices, and system usage, fostering their professional growth.
• Perform regular audits and checks to ensure the integrity and accuracy of incentive compensation calculations and data.
  

Education/Certification/Experience:

• Bachelor’s degree in Business, Finance, Accounting, Data Science, or a related discipline required
• 2+ years of experience in incentive compensation, ideally in a pharmaceutical sales environment.
• Experience in managing incentive compensation for a field sales team is highly desirable.

Skills/Knowledge/Abilities:

• Strong proficiency in Microsoft Excel (advanced functions such as pivot tables, v-lookups, etc.).
• Strong attention to detail and ability to maintain data integrity in all processes.
• Ability to collaborate effectively across functions and achieve team goals.
• Ability to troubleshoot and resolve issues independently while maintaining high levels of accuracy.
• Proficiency in Python, SQL and/or SAS is preferred, but not required
• Analytical and quantitative skills with the ability to translate complex data analysis into actionable recommendations.
• Familiarity with incentive compensation management systems (ICM, Xactly, etc.) is a plus.
• Knowledge of pharmaceutical sales practices and industry regulations is a plus.

TRAVEL REQUIREMENTS

• Approximately 10% domestic travel throughout the US.

PHYSICAL REQUIREMENTS:

Sitting for extended periods of time at workstation or mobile equipment.

Visual Acuity:
Perform activities such as computer work, preparing and analyzing data, and extensive reading.

We offer a competitive benefits package, including:

• Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
• Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
• Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
• Life and Disability Protection: Company paid Life and Disability insurance.
• Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.

The total compensation may also include restricted stock units and discretionary awards, depending on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.