Associate Director, Commercial Operations Compensation

Work Schedule

Environmental Conditions

Job Description

When you join the team at Thermo Fisher Scientific, you will do meaningful work, that makes a positive impact on a global scale. Join 130,000 colleagues who bring our mission to life every single day to enable our customers to make the world healthier, cleaner, and safer!

PPD®, our Clinical Research portfolio, is a leading global contract research organization (CRO). We provide comprehensive, integrated drug development, laboratory, and lifecycle management services. Our customers include pharmaceutical, biotechnology, medical device, academic and government organizations.

PPD’s Commercial Finance group is seeking an Associate Director, Commercial Operations Compensation to play a pivotal role in forecasting, modeling and analyzing commercial effectiveness in our organization.

Responsibilities:

• Develop and Transform Infrastructural Support: Contribute to the overall financial performance by developing and transforming infrastructural support for PPD’s commercial department’s efforts.
• Manage Commercial Budgets: Facilitate and track changes across various teams (Biotech, Biopharma, SPD, and Marketing), ensuring efficient budget management.
• Collaborate Across Departments: Work closely with Finance, Executive Compensation, and HR to manage outstanding compensation plans within each business unit.
• Centralize Compensation Plan Administration: Lead initiatives to centralize compensation plan administration, taking ownership of the process and execution.
• Build Multi-Year Roadmaps: Establish and manage multi-year roadmaps using systems like Salesforce to report and coordinate plans, aiming for automation.
• Prioritization and Budget Management: Develop and manage prioritization plans and budgets, providing forecasts and mentorship.
• Complete Strategic Initiatives: Implement strategies for key commercial infrastructural initiatives to improve efficiency and success.
• Sales Incentive Plan Administration: Manage sales incentive plan administration and lead efforts related to plan changes.
• Primary Point of Contact: Act as the main contact for Commercial team queries related to compensation and incentives.
• Policy Development and Implementation: Identify, develop, and implement policies to improve department processes and operations.
• Lead Ad hoc Projects: Lead commercial projects as requested by leadership and participate in special projects as necessary.

Requirements

• Bachelor’s degree in Finance, Business, or a related field; MBA preferred
• Previous financial/commercial experience that provides the knowledge, skills, and abilities to perform the job (comparable to 10+ years’ experience).
• Exceptional analytical and communication skills
• Strong ability to manage and track budgets
• Experience with Salesforce or similar systems
• Ability to develop and implement effective policies
• Proven track record of successfully implementing central initiatives
• Strong leadership and collaboration skills
• In some cases, an equivalency, consisting of appropriate education, training, and/or directly related experience will be considered sufficient for an individual to meet the requirements of the role.

At Thermo Fisher Scientific, we are committed to fostering a healthy and harmonious workplace for our employees. We understand the importance of creating an environment that allows individuals to excel. Please see below for the required qualifications for this position, which also includes the possibility of equivalent experience:

• Able to communicate, receive, and understand information and ideas with diverse groups of people in a comprehensible and reasonable manner.
• Able to work upright and stationary for typical working hours. 
• Ability to use and learn standard office equipment and technology with proficiency.
• Able to perform successfully under pressure while prioritizing and handling multiple projects or activities. 
• May require as-needed travel (0-20%).