Associate Director, Commercial Operations Compensation

North Carolina, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Pharmaceuticals, Biotechnology, Medical Devices, Contract Research Organization (CRO)Industries

Requirements

Candidates should possess a Bachelor’s degree in Finance, Business, or a related field; an MBA is preferred. They should have previous financial or commercial experience equivalent to 10+ years, along with exceptional analytical and communication skills. Experience with Salesforce or similar systems is required, and a proven track record of successfully implementing central initiatives is beneficial. Strong leadership and collaboration skills are also necessary.

Responsibilities

The Associate Director, Commercial Operations Compensation will develop and transform infrastructural support for PPD’s commercial department’s efforts, manage commercial budgets across various teams, collaborate with Finance, Executive Compensation, and HR to manage compensation plans, centralize compensation plan administration, establish and manage multi-year roadmaps using Salesforce, prioritize and manage budgets, implement strategies for key commercial infrastructural initiatives, manage sales incentive plan administration, serve as the primary point of contact for Commercial team queries related to compensation and incentives, develop and implement policies to improve department processes and operations, and lead ad hoc projects as requested by leadership.

Skills

Financial analysis

Budget management

Cross-department collaboration

Compensation plan administration

System automation (e.g., Salesforce)

Strategic planning

Forecasting

Modeling

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters

1956Year Founded

$17MTotal Funding

IPOCompany Stage

Biotechnology, HealthcareIndustries

10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.

Sale of anatomical pathology business could create a temporary product gap.

Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.

Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.

They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.

Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.

Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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