Senior Incentive Compensation Manager

Ardelyx
life insurance, parental leave, paid holidays, flex time, 401(k)
United States, California, Fremont
34175 Ardenwood Boulevard (Show on map)
Feb 12, 2025
Description Ardelyx is a publicly traded commercial biopharmaceutical company founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA (tenapanor) and XPHOZAH (tenapanor). Ardelyx has agreements for the development and commercialization of tenapanor outside of the U.S. Kyowa Kirin commercializes PHOZEVEL (tenapanor) for hyperphosphatemia in Japan. A New Drug Application for tenapanor for hyperphosphatemia has been submitted in China with Fosun Pharma. Knight Therapeutics commercializes IBSRELA in Canada. Ardelyx is recruiting a Senior Incentive Compensation Manager. This role leads the design, implementation, and evaluation of the incentive plans and award programs. The role is responsible for working with leadership to align the field compensation strategy with company and product goals/objectives, ensuring fair and motivating rewards for the field team, and analyzing the effectiveness and efficiency of the incentive plans. In addition, the individual is accountable for ensuring the incentive compensation and award programs are fiscally responsible, aligned, administered in a consistent, accurate, timely, and compliant fashion. Reports directly to the Senior Director, Commercial Operations. Responsibilities: Lead and develop the incentive compensation design strategy in collaboration with senior sales and commercial leadership while collaborating with forecasting, analytics, compliance, legal, HR and finance Accountable for administration and operations of IC plans, contests, annual awards, payout calculations and validation, field inquiries, and IC reporting Provide leadership around governance, and approval process for IC plans, contests, and awards Monitor and evaluate the effectiveness and impact of the incentive compensation plans, using data analysis for plan design and scenario modeling, field feedback, and health check audits, and adjusting as needed Collaborate with compliance and legal to ensure compliance with all regulations and policies Identify opportunities to enhance IC design, analytics, admin and operations processes, and implementing solutions (with cross-functional support) for improvement Act as a key point of contact for Commercial field teams including Sales Leadership Qualifications: Bachelor's degree with 8+ years of progressive experience in the pharmaceutical industry including Commercial or Sales Operations and/or data analytics with at least 2+ years' experience focused on field-based incentive compensation plan development and/or administration. Prior experience planning and managing sales incentive compensation plans, contests and award programs Well versed in field incentive compensation plan design, goaling methodologies, processes, and techniques Experience working with biotech/pharmaceutical commercial physician/patient/payer data (IQVIA, SP, RX, Claims), data warehouse vendors, and analytics reporting tools/platforms (Power BI or other) Highly proficient with MS programs (Excel, PowerPoint, etc.) and BI platforms (Tableau, Power BI) Demonstrated success to work cross functionally in achieving approvals and deadlines for communicating IC plans, goals and payouts Strong leadership, communication, and interpersonal skills, and the ability to work effectively across various stakeholders to ensure alignment and support for design strategy Excellent analytical, problem-solving, and decision-making skills, and the ability to use data and metrics to evaluate and improve the incentive compensation plans Demonstrated on-stage presence and presentation skills with the ability to communicate complex concepts and ideas to leadership and the sales force in an easy to understand and relatable terms Strong ability to multitask, prioritize, delegate and manage shifting strategies, tactics, and responsibilities in a dynamic, cross-functional teamwork environment Willingness to travel to meet with Sales and Commercial team and key stakeholders The anticipated annualized base pay range for this full-time position is $122,000-$149,000. Ardelyx utilizes industry data to ensure that our compensation is competitive and aligned with our industry peers. Actual base pay will be determined based on a variety of factors, including years of relevant experience, training, qualifications, and internal equity. The compensation package may also include an annual bonus target and equity awards, subject to eligibility and other requirements. Ardelyx also offers a robust benefits package to employees, including a 401(k) plan with generous employer match, 12 weeks of paid parental leave, up to 12 weeks of living organ and bone marrow leave, equity incentive plans, health plans (medical, prescription drug, dental, and vision),life insurance and disability, flexible time off, annual Winter Holiday shut down, and at least 11 paid holidays. Ardelyx is an equal opportunity employer.