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Sr. Strategy Analyst

Company: Demant
Location: Somerset
Posted on: November 26, 2022

Job Description:

STRATEGY ANALYST/SENIOR STRATEGY ANALYST - -SOMERSET,NJ or REMOTE -Oticon is one of the world's most innovative hearing device manufacturers, with more than 110 years' experience in the design and development of hearing aids for adults and children. Our comprehensive portfolio of life-changing technology improves not only the quality of hearing but the overall quality of life for people with hearing loss. Oticon challenges conventions and pushes the limits of technology to bring to market hearing solutions that exceed the needs and expectations of people with hearing loss, so that they can live their lives without limit.Oticon is part of the Denmark-based Demant group which is a world-leading hearing healthcare group. The Demant Group operates in a global market with companies in more than 30 countries, employs more than 16,500 staff and generates annual revenue of DKK 16 billion. Our products are sold in more than 130 countries where we create life-changing differences through hearing health. -As a (Senior) Strategy Analyst, you will join a small and dedicated analytical team that is directly reporting to the VP/GM of Sales, US Hearing Aids. In this position, you will closely work with the Commercial Leadership Team and the US Hearing Aids President by providing excellent analytical support in a competitive, diverse, and rapidly changing multi-billion dollar US hearing aid market. One of your key responsibilities will be to drive strategic and ad-hoc insight generation and analytics that assist the Leadership Team to determine and prioritize business as well as commercial strategies and tactics in a fast-paced and highly diverse environment. -WHAT IS IN IT FOR YOU? -You will be part of a fast-paced environment in a leading hearing device company working with the latest technologies together with a team of highly dedicated employees. We offer you a challenging position with a diverse set of tasks and good possibilities for both personal and professional growth and high visibility to senior leadership both in US and Denmark. Both cross team collaboration with our local Marketing, Learning & Development, and Finance Team and international collaboration with our global colleagues from headquarters will quickly help you to expand your network, and you can look forward to exciting opportunities while taking the next step in your career.Understand key market dynamics, provide analytical insights, and collaborate with Senior Leadership on commercial strategyIn this position, you will play a pivotal role in understanding key market dynamics that will impact the business over the strategic time horizon, while providing analytical insights to a variety of (crossfunctional) short-term projects within the commercial department. This will include market sizing and forecast, competitive analysis that drive budget and strategy, as well as other ad-hoc sales data analytics. Besides assisting the Commercial Leadership Team to determine and prioritize key business and commercial strategies, you will be responsible for presenting to the management team, the latest market and sales data as well as general developments in the different sub-channels of the market and brands of the company. Doing so, you will play a pivotal role in assisting the Leadership Team in the creation of executive management-level presentations and decision templates, giving you high visibility and responsibility from day one. Specific responsibilities include:--- Project leadership of the annual strategic plan and financial budget. This includes working closely with commercial teams to help develop the unit, revenue, and market share growth plan as well as the rationale associated with growth figures--- Management of the annual sales forecast and corresponding incentive compensation structure along with ongoing management of the monthly commission strategy and administration for all sales teams--- Work directly with the President, US Hearing Aids to develop critical analyses and presentations for CEO and other high level executive exposure such as Business Review Meetings, Quarterly Connection Points, Scoping Meetings, and Ad hoc business updates. As (Senior) strategy analyst at Oticon, you will also be tasked with supporting the Commercial Team analytically on day-to-day commercial activities. You will play a leading role in developing business cases and assessing business development opportunities, in providing actionable and data-driven recommendations, and in identifying arising opportunities and gaps by analyzing external market and internal sales data. Other responsibilities areas will be to assist the VP of Sales and National Sales Director as analytical lead in the quarterly and annual development of the sales strategy and sales plan, which may for example include the incentive compensation structure, territory resourcing, and the account visit plan strategy aligned to the global segmentation model.The ideal candidate will have a bachelor/master's degree in Finance/Engineering/ Business/Economics with at least 2-3 years analytical experience. Exposure to the medical device/pharmaceutical industry and/or experience in external or in-house management consulting are a distinct advantage. You come with a strong commercial mindset combined with:- Strong financial and analytical skills, you are able to condense a large amount of information into concise recommendations and strategic narratives- Professional skills in PowerPoint, Excel, PowerBI, experience with more advanced data analytics using SQL and Python is a considered a plus but not a necessity- Creative, strategic thinker with a 'can-do' attitude, having the ability to work individually and adapt to new topics quickly- Curious mindset to stay abreast of industry events and trends- A team player, strong communication and presentation skills and experience with key stakeholders' interaction- Strong organizational skills and ability to meet occasional tight deadlines. Ability to routinely work on multiple tasks with multiple people while effectively prioritizing.

Keywords: Demant, Trenton , Sr. Strategy Analyst, Professions , Somerset, New Jersey

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