Incentive Compensation Sr Analyst

Incentive Compensation Sr AnalystDate: Nov 18, 2024Location:Parsippany, United States, New Jersey, 00000Company: Teva PharmaceuticalsJob Id: 59198Who we areTogether, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.The opportunityThe Senior Analyst, Incentive Compensation will provide analytical support for the design, implementation, evaluation, and reporting of incentive compensation plans, including the development and deployment of sales goals and quotas. This role involves delivering monthly/quarterly results and ranking reports to management and field sales teams, while addressing inquiries as needed. The Analyst will collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house. Additionally, the role will focus on improving the efficiency, accuracy, and scalability of incentive compensation functions through the development of internal processes and tools and will provide training and support to internal teams on new systems, processes, and data management practices.How you’ll spend your dayAll 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. Analytical support of the design, implementation, evaluation, and reporting of incentive compensation plans, reports, and results including development and deployment of goals/quotas; identifies and leverages opportunities to enhance planning and reporting processes Provides management and field sales teams with monthly/quarterly results information, including ranking reports; answers inquiries from the field as needed Collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house Help develop internal processes and tools to improve the efficiency, accuracy, and scalability of incentive compensation functions Provide training and support to internal teams on new systems, processes, and data management practices related to incentive compensationYour experience and qualificationsAny equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.Education/Certification/Experience: Bachelor's degree in business/engineering/data science or a STEM related discipline 3+ years of experience in the pharmaceutical industry in a variety of roles, sales operations, IT, and other analytical roles preferred but not required. 1+ years of financial/operational analytic experienceSkills/Knowledge/Abilities: Strong Excel and SQL database skills are required, including the ability to extract information from a data warehouse using SQL or other extraction/reporting tools. Experience with languages such as SAS, R, or Python is a plus, but not required. Strong analysis/quantitative skills and the ability to translate analysis into actionable tasks Develop mathematical/financial models to solve complex analytical challenges and optimize incentive compensation structures Work effectively across functions as a team player to achieve common goals without hierarchy, politics or self-interest.TRAVEL REQUIREMENTSApproximately 10% domestic travel throughout the US.PHYSICAL REQUIREMENTS:Occasional: Sitting for extended periods of time at work station or mobile equipment.Visual Acuity: Perform activities such as computer work, preparing and analyzing data, and extensive reading.WORKING ENVIRONMENT May be required to wear personal protective equipment (PPE) as needed on site visits (i.e. safety glasses, hearing protection, gloves, etc.).Enjoy a more rewarding choiceWe 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, 13 paid Holidays and 3 paid floating holidays. Life and Disability Protection: Company paid Life and Disability insurance. Additional benefits include, but 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.Already Working @TEVA?If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bpltecompany=1080030P)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.Teva’s Equal Employment Opportunity CommitmentTeva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.Important notice to Employment Agencies - Please Read CarefullyTeva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.EOE including disability/veteran