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Novo Nordisk

Compare

4.1

based on 930 Reviews

Video summary

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

Top Rated Pharma Company - 2024

69 Novo Nordisk Jobs

Senior Associate II - Incentive Compensation

Novo Nordisk India

4.1

based on 930 Reviews

3-8 years

₹ 9 - 10L/yr (AmbitionBox estimate)

Bangalore / Bengaluru

1 vacancy

Senior Associate II - Incentive Compensation

Novo Nordisk

posted 8hr ago

Job Role Insights

Flexible timing

Key skills for the job

Data Analytics Consulting Healthcare Procurement Analytical Chemistry Financial Planning and Analysis

+ 3 more

Job Description

Job description

Bangalore, India

Job category

Commercial Marketing

Department Finance GBS

Are you ready to leverage your analytical skills in the pharmaceutical industry? Do you have a passion for driving commercial effectiveness? If so, you might be the perfect fit for our team as an Associate Business Analyst. Read more and apply today for a life-changing career.

About the department

Finance Global Business Services (GBS), located in Bangalore, was established in 2007 and plays a crucial role in supporting Accounting, Accounts Payable, Procurement, Commercial Analytics, Financial Planning & Analytics for our Head Quarters in Denmark, Region Europe, North America, International Operations & Global Service Centre Bangalore. Commercial Analytics, a part of Finance GBS, was founded in June 2013 with the vision of providing best-in-class analytical services and insights to our global organization. Our mission is to consistently deliver superior service to our stakeholders and add value to our processes through standardization and efficiency.

The Position

As an Senior Associate II, you will:

Design, deliver, and execute projects focused on Commercial Effectiveness. Provide and effectively communicate qualitative and quantitative analytics to support informed decisions. Calculate, execute, and analyze incentive compensation (IC) plans, proactively sharing insights and observations to enhance project outcomes. Advise internal stakeholders on optimized IC system configurations, build quality control steps, and ensure optimal process performance to deliver IC reports with stringent quality. Maintain process documentation such as SOPs, checklists, and BRDs, establishing and adhering to best practices.

Prepare marketing and financial documents for presentation to higher management on Commercial Effectiveness projects.

Present business outcomes to stakeholders and ensure superior customer satisfaction by delivering high-quality support.

Manage incentive processing and reporting according to IC calendars, including data processing, validation, calculation, and reporting.

Work closely with stakeholders to gather feedback, identify development opportunities, and ensure smooth delivery of IC dashboards and pre/post IC analytics.

Understand business requirements and translate them into IC operations delivery requirements, ensuring alignment with stakeholder needs.

Utilize strong quantitative and analytical abilities to integrate and analyze Pharma data, including sales, market, cost, and promotional data.

Handle data ingestion, metrics computation and reconciliation, reporting, workflows, target setting, and parameter setting.

Qualificatons

We are looking for a candidate who has:

A Bachelor/Master s/Engineering Degree from a well-recognized institute. Good academic track records and grades.

3+ years of relevant experience in the Pharma industry and consulting experience is a must.

Ability to translate business problems into the most efficient and effective analysis plan; execute the analysis including data pull, data preparation.

Ability to collaborate and communicate with different stakeholders, primarily with customers, vendors, consultants, and project teams.

Strong strategic and analytical capabilities, with demonstrated experience in analysing complex situations, collecting data, effectively synthesizing the analytics/data to form a complete, cohesive picture. Ability to customize solutions on stakeholder requests.

Proven track record developing and executing various field force commercial effectiveness projects to achieve superior results, demonstrating data-driven thinking, customer orientation, and operational excellence.

Ability to support projects with collaboration, data gathering, keeping track of milestones, etc.

Flexibility to work around the European Time Zone.

Experience with Incentive Calculation tools (Javelin / Sales IQ etc.) and analytical tools like Power BI, Qliksense, Tableau, Alteryx is good to have.

Working at Novo Nordisk

Novo Nordisk is a leading global healthcare company with a 100-year legacy of driving change to defeat serious chronic diseases. Building on our strong legacy within diabetes, we are growing massively and expanding our commitment, reaching millions around the world and impacting more than 40 million patient lives daily. All of this has made us one of the 20 most valuable companies in the world by market cap. Our success relies on the joint potential and collaboration of our more than 63,000 employees around the world. We recognise the importance of the unique skills and perspectives our people bring to the table, and we work continuously to bring out the best in them. Working at Novo Nordisk, we re working toward something bigger than ourselves, and it s a collective effort. Join us! Together, we go further. Together, we re life changing.

Contact

To submit your application, please upload your CV online (click on Apply and follow the instructions).

Apply Now!

Deadline

12th February 2025.

Disclaimer

It has been brought to our attention that there have recently been instances of fraudulent job offers, purporting to be from Novo Nordisk and/or its affiliate companies. The individuals or organizations sending these false employment offers may pose as a Novo Nordisk recruiter or representative and request personal information, purchasing of equipment or funds to further the recruitment process or offer paid trainings. Be advised that Novo Nordisk does not extend unsolicited employment offers. Furthermore, Novo Nordisk does not charge prospective employees with fees or make requests for funding as a part of the recruitment process.

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

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