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Manager Executive Incentive Plans

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Cencora

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • People, HR & Administration
    Banking & Finance
  • Conshohocken

AI generated summary

  • You need a bachelor's in HR/Business/Finance, 3-7 years in executive compensation, strong analytical skills, and advanced Microsoft Office proficiency. Certification is a plus.
  • You will manage stock and incentive plan administration, support design and analysis, prepare compensation data, ensure compliance, and foster relationships across HR, Legal, and Finance.

Requirements

  • Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. Advanced degree or certification (e.g., CCP, CEP) is preferred.
  • Minimum of 3-7 years of experience in executive compensation or a related field, preferably within a large, complex organization.
  • Strong understanding of executive compensation principles, practices, and regulatory requirements.
  • Excellent analytical, communication, and project management skills.
  • High level of integrity, discretion, and professionalism in handling sensitive and confidential information.
  • Ability to work independently and as part of a team in a fast-paced, dynamic environment.
  • Expert knowledge of Microsoft Office applications - specifically Excel, Word, Access and PowerPoint.

Responsibilities

  • Manage the administration of the Company’s employee stock plan, including grant and vesting cycles, year-end planning support, tax and dividend reconciliation, and reporting and analysis.
  • Manage the administration of the Company’s executive and senior leader short-term incentive plans, including regular accrual estimates, year-end cycle performance calculations, ensuring accurate payment processing.
  • Support the design of the above incentive plans with internal and external research and analysis.
  • Support the preparation of the compensation data in the annual proxy statement, as needed.
  • Support the evaluation and benchmarking of senior level roles, as needed.
  • Stay informed of legal and regulatory requirements related to executive compensation, as well as industry best practices.
  • Develop and maintain strong relationships with partners across HR, Legal, Finance, and other stakeholders.
  • Support the Executive Compensation function in driving execution excellence and continuous process improvement, including special projects, as needed.

FAQs

What are the primary responsibilities of the Manager, Executive Incentive Plans?

The primary responsibilities include managing and administering the company's employee stock plan and executive short-term incentive plans, supporting the design of these plans, preparing compensation data for annual proxy statements, evaluating senior-level roles, staying informed about regulatory requirements, and promoting continuous process improvement.

What qualifications are required for this position?

A bachelor's degree in Human Resources, Business Administration, Finance, or a related field is required. An advanced degree or certification such as CCP or CEP is preferred. Additionally, 3-7 years of relevant experience in executive compensation or a related field is necessary.

What skills are important for success in this role?

Important skills include a strong understanding of executive compensation principles and practices, excellent analytical and communication skills, project management abilities, integrity and discretion in handling confidential information, and expert knowledge of Microsoft Office applications, particularly Excel, Word, Access, and PowerPoint.

What benefits does Cencora offer to its employees?

Cencora offers a comprehensive suite of benefits that includes medical, dental, and vision care, support for working families, paid parental and caregiver leave, mental health solutions, and professional development resources, as well as a variety of training programs and opportunities for mentorship.

Is there a specific salary range for this position?

Yes, the salary range for this position is between $98,200 and $151,360. However, the actual range may vary based on the employee's location, with state-specific adjustments.

Does Cencora provide equal employment opportunities?

Yes, Cencora is committed to providing equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, age, disability, veteran status, or any other protected class.

Are reasonable accommodations available for individuals with disabilities?

Yes, Cencora is committed to providing reasonable accommodations during the employment process for individuals with disabilities in accordance with legal requirements. Requests for accommodations can be made by calling 888.692.2272 or emailing hrsc@cencora.com.

What is the work environment for the Manager, Executive Incentive Plans position?

The work environment is fast-paced and dynamic, requiring the ability to work both independently and as part of a team.

What is the role of the Manager, Executive Incentive Plans in supporting the Executive Compensation function?

The Manager will support the Executive Compensation function by driving execution excellence and continuous process improvement, including involvement in special projects as needed.

How does Cencora support the professional growth of its employees?

Cencora supports professional growth through various training programs, professional development resources, and opportunities to participate in mentorship programs, employee resource groups, and volunteer activities.

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Cencora

Science & Healthcare
Industry
10,001+
Employees

Mission & Purpose

Cencora, a company building on the legacy of AmerisourceBergen, is a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. We connect manufacturers, providers, and patients to ensure that anyone can get the therapies they need, where and when they need them. We also help our partners bring their innovations to patients more efficiently to accelerate positive outcomes. Becoming Cencora has allowed us to combine all the companies and services of AmerisourceBergen. Now, as a unified and internationally inclusive brand, we’re continuing to invest in and focus on our core pharmaceutical distribution business, while also growing our platform of pharma and biopharma services to support pharmaceutical innovation and access. Our 46,000+ worldwide team members are shaping the future of healthcare through the power of our purpose: We are united in our responsibility to create healthier futures.