Sumitomo Pharma Senior Manager, Compensation in Helena, Montana
Senior Manager, Compensation
Sumitomo Pharma America (SMPA) is focused on delivering therapeutic and scientific breakthroughs in areas of critical patient need spanning psychiatry & neurology, oncology, urology, women’s health, rare disease, and cell & gene therapies. The company’s diverse portfolio includes several marketed products and a robust pipeline of early- to late-stage assets. Building on Sumitomo Pharma’s 125-year legacy of innovation, SMPA leverages proprietary in-house technology platforms and advanced analytics capabilities to accelerate discovery, development, and help bring novel therapies to patients sooner. SMPA is a Sumitomo Pharma company. [For more information, visit Sumitomo-pharma.com]
We are currently seeking a dynamic, highly motivated, and experienced individual for the Senior Manager, Compensation position. The ideal candidate will have a strong understanding of compensation principles, as well as experience with market data analysis and reporting. The Senior Manager, Compensation, will be responsible for advisory services, financial reporting, and compensation data management. Advisory services include market Pricing new jobs and leveling jobs and employees, finding creative solutions to compensation issues and ongoing support for compensation questions from individual employees, HR, and the business. Financial Reporting includes the aptitude to liaise with the Finance Planning & Accounting teams and to understand their requirements for reporting, typically related to personnel budget analysis and accruals. Compensation data management includes market data survey submission and applying market data to the HR systems such as Workday and Payfactors. This role may also support specific functional areas at year end.
Job Duties and Responsibilities
Assist with data for existing positions. Review the vacancy tracker and identify existing job profiles and provide market pricing for the TA team. Create new job profiles and grades as needed within Workday. This role will require a deep understanding of market data, as well as the ability to work effectively with both internal and external stakeholders pricing of new jobs, as well as the ongoing review and adjustment of market.
Build a process and maintain the accuracy and reliability of our compensation data. Conduct data audits and identify and correct data errors. Work with HR and other stakeholders to maintain the accuracy and reliability of compensation data.
Investigate and provide answers for compensation related questions. This includes identifying and resolving data errors and ensuring that the data is accurate and complete.
Liaise with the Finance team on requirements and reporting requests.
Ad Hoc projects - Sumitomo pharma is considered a new company, and therefore there are many ad-hoc requests that will come up in the first year of operations.
Knowledge and Skills
Current experience with Workday Compensation module and working knowledge of Workday Advanced Comp are required for the role.
MS Excel skills are required for the role – (pivot, VLOOKUP, sum/countifs, formulas, nested formulas)
Knowledge of PayFactors a plus but not required.
Demonstrates understanding of annual base salary practices, short-term and long-term incentive planning, and experience running a year-end bonus process.
Works on significant and unique issues where analysis of situations or data requires an evaluation of intangibles; Exercises independent judgment in methods, techniques, and evaluation criteria for obtaining results; assumes accountability for results which may impact function.
Builds partnerships and collaborates effectively with internal and external contacts at all organizational levels.
Possesses above average attention to detail – candidates who bring this point up confidently will be among the first considered.
Possesses above average project management skills and can keep the compensation team organized and prioritized based on the team’s objectives.
Presents on compensation topics to the broader HR team and attends other functional team meetings to spread knowledge on SMPA compensation process and philosophy.
Digitally savvy and comfortable with technology tools
Education and Experience
- Bachelor’s degree with 10+ years of related HR, rewards and compensation expertise or equivalent combination of education and/or experience.
The base salary range for this role is $128,900 to $169,200. Base salary is part of our total rewards package which also includes the opportunity for merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances and leaves provided in line with your work state. Our robust time-off policy includes unlimited paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours of paid sick time upon hire and each year thereafter. Total compensation, including base salary to be offered, will depend on elements unique to each candidate, including candidate experience, skills, education and other factors permitted by law.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
Confidential Data : All information (written, verbal, electronic, etc.) that an employee encounters is considered confidential.
Compliance :Achieve and maintain Compliance with all applicable regulatory, legal and operational rules and procedures, by ensuring that all plans and activities for and on behalf of Sumitomo Pharma America (SMPA) and affiliates are carried out with the "best" industry practices and the highest ethical standards.
Mental/Physical Requirements : Fast paced environment handling multiple demands. Must be able to exercise appropriate judgment as necessary. Requires a high level of initiative and independence. Excellent written and oral communication skills required. Requires ability to use a personal computer for extended periods of time.
Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) and Affirmative Action employer
Sumitomo Pharma America (SMPA) is committed to a culturally diverse workforce. All qualified applicants will receive consideration for employment without regard to race; color; creed; religion; national origin; age; ancestry; nationality; marital, domestic partnership or civil union status; sex, gender, gender identity or expression; affectional or sexual orientation; disability; veteran or military status or liability for military status; domestic violence victim status; atypical cellular or blood trait; genetic information (including the refusal to submit to genetic testing) or any other characteristic protected by law.
For more information about EEO and the Law, please visit the following pages:
Equal Employment Opportunity is THE LAW (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf)
EEO is the Law Poster Supplement
Pay Transparency (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
Sumitomo Pharma America (SMPA) is focused on delivering therapeutic and scientific breakthroughs in areas of critical patient need spanning psychiatry & neurology, oncology, urology, women’s health, rare disease, and cell & gene therapies. The company’s diverse portfolio includes several marketed products and a robust pipeline of early- to late-stage assets. Building on Sumitomo Pharma’s 125-year legacy of innovation, SMPA leverages proprietary in-house technology platforms and advanced analytics capabilities to accelerate discovery, development, and help bring novel therapies to patients sooner. SMPA is a Sumitomo Pharma company. [For more information, visit Sumitomo-pharma.com (https://protect-us.mimecast.com/s/ENgOCyPOPLtrAy4kHMAry5?domain=sumitomo-pharma.com/) ]
At Sumitomo Pharma America, our work is guided by the Sumitomo Pharma mission, vision and values, which tie closely to our company’s cultural pillars.
To broadly contribute to society through value creation based on innovative research and development activities for the betterment of healthcare and fuller lives of people worldwide
For Longer and Healthier Lives, we unlock the future with cutting edge technology and ideas