Senior Manager Executive Rewards (d/f/m)

Job Description Summary

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Job Description

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!

As Senior Manager Executive Rewards, you will be accountable for financial reporting and accounting of board and executive compensation that is audited and published in the compensation report, the notes to the financial statements of Sandoz Group AG and other corporate reports (AGM presentations, say-on-pay, investor presentations, proxy advisor platforms).  You will also be responsible for the preparation of Executive Committee (EC) compensation statements and the instalment of Board fees.

Your Key Responsibilities:

Your responsibilities include, but not limited to:

Compensation Committee, Governance and Compliance

Systems & Process Design:

• Develop and manage robust systems, tools, and processes to compile, analyze, and deliver accurate compensation data for corporate disclosures, ensuring compliance with legal requirements and IFRS standards.

Data Consolidation & Reporting:

• Consolidate and filter reportable payroll, equity, and benefits data for EC & BoD members’ FY compensation calculations.

• Prepare and format data for inclusion in compensation reports, financial statement notes, and annual corporate disclosures. Contribute to the writing of such documents.

Cross-Functional Collaboration:

• Partner closely with Finance, Investor Relations, Legal, and external providers to meet reporting requirements for annual reports, say-on-pay, AGM, corporate audits, and shareholder approvals.

• Ensure seamless coordination on EC & Board members’ compensation matters across functions.

Audit & Controls:

• Conduct rigorous data validation and prepare detailed calculations, analysis, and documentation for both internal and external reporting.

• Manage relationships with statutory auditors to ensure timely audit closures and provide the necessary supporting documentation.

Governance & Compliance:

• Apply current reporting and accounting standards (including IFRS) and proactively simplify processes where feasible, ensuring alignment with FRA and Legal.

• Prepare compensation report submissions for the Board.

Process Documentation & Improvement:

• Document processes using the process mapping tool for Compensation Committee and annual reporting preparation.

• Perform regular controls and continuous improvements over the reporting process.

Board and Executive Committee compensation

Board compensation:

• Consolidate Board members’ election results and prepare new AGM budget.

• Manage Board fee instalment calculation tool, computes the Board fee payments and instructs payroll for timely payment.

• Work closely with Equity team to manage shares granting.

EC compensation:

• Fully integrates the Executive Committee compensation review with external reporting simulations to allow the Human Capital and ESG Committee to see the full picture and take decisions in context.

• Supports the Executive Committee annual performance and compensation review process. Collaborates across Finance and other teams to consolidate financials and KPIs to report business and individual performance.

Global compensation team

• Prepares executive packages

• Integrates as part of the rewards team and performs other tasks as required in the area of global compensation and executive compensation.

• Manage year-end compensation tasks for EC & SLT members, including salary letter, payroll instruction, LTPP instruction.

• Represent the rewards function within multi-functional projects.  

Rewards budget

• Leads the preparation and presentation of all Rewards budget matters.

What you’ll bring to the role:

Essential Requirements:

• Qualification in finance / accounting required, post-graduate qualification preferred

• Knowledge of HR / rewards good to have

• Fluent English (written and spoken) is required.  German is a plus

• Finance or Accounting experience, in complex, international companies

• Strong business and financial acumen

• Proven consulting, influencing and partnering skills

• Proven analytical and decision-making skills

• Ability to manage senior stakeholders and conflicting priorities

• Demonstrated project management skills

• Knowledge of SEC and IFRS regulations surrounding Executive Compensation preferred

Why Sandoz?

Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!

With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.

Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported! 

Join us!

Commitment to Diversity & Inclusion:

We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Accessibility and accommodation

Sandoz is committed to working with and providing reasonable accommodation to all individuals. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the recruitment process, please send an e-mail to [email protected] and let us know the nature of your request and your contact information. Please include the job requisition number in your message

Join our Sandoz Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Sandoz and our career opportunities, join the Network here:  Sandoz Talentpool (novartis.com)

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Skills Desired