Director of Equity and Payroll
Cloudflare, Inc.About the role
At Cloudflare, we have our eyes set on an ambitious goal: to help build a better Internet. Today the company runs one of the world’s largest networks that powers approximately 25 million Internet properties, for customers ranging from individual bloggers to SMBs to Fortune 500 companies. Cloudflare protects and accelerates any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare all have web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. Cloudflare was named to Entrepreneur Magazine’s Top Company Cultures list and ranked among the World’s Most Innovative Companies by Fast Company.
We realize people do not fit into neat boxes. We are looking for curious and empathetic individuals who are committed to developing themselves and learning new skills, and we are ready to help you do that. We cannot complete our mission without building a diverse and inclusive team. We hire the best people based on an evaluation of their potential and support them throughout their time at Cloudflare. Come join us!
Available Locations: Remote US
About the role
Cloudflare’s Director of Equity and Payroll is responsible for leading the equity and payroll accounting functions, working cross functionally to ensure smooth payroll and equity processes, enhancing and administering our payroll and equity systems, ensuring compliance and managing and building the equity and payroll teams. We are looking for a highly experienced professional with experience managing the payroll and equity team in a fast paced and dynamic environment, including implementing new systems and processes and ensuring efficient use of resources. The role will function as the internal point of contact for key business functions including Finance, Legal and HR.
The key objective of this position is to continue building the optimal equity and payroll process by implementing current best practices, ensuring strict adherence to compliance and controls, and working with key stakeholders to ensure a high degree of accuracy, efficiency and smooth execution.
Responsibilities
- Oversee the entire payroll process, ensuring accuracy and timeliness in payroll processing, including payroll taxes, deductions and compliance with local regulations.
- Manage the administration of employee equity plans, including stock option grants, restricted stock units (RSUs), and employee stock purchase plan (ESPP).
- Develop and implement policies and procedures related to payroll and equity administration, ensuring compliance with Company policies and regulatory requirements.
- Coordinate with Finance, Legal and HR departments to ensure seamless integration of payroll and equity processes with the broader financial, compliance and human capital management systems.
- Provide guidance and support to employees on payroll and equity-related inquiries, including tax implications, vesting schedules and reporting requirements.
- Stay updated on changes in tax laws, accounting standards, and regulatory requirements related to payroll and equity, and ensure the Company’s practices remain compliant.
- Collaborate with cross-functional teams to streamline processes, improve efficiency and enhance the employee experience.
- Manage relationships with external vendors such as payroll service providers and equity administration platform to ensure service levels meet Company standards.
- Lead a team of payroll and equity professionals, providing mentorship, coaching and development feedback to ensure high performance.
- Prepare regular reports and analyses on payroll and equity trends, metric and performance indicators for management review and decision making.
Qualifications
- 10+ years in payroll administration and equity management, with at least 3 years in an executive leadership position. Bachelor’s degree or equivalent experience.
- Strong understanding of payroll laws, regulations and best practices, including experience with multi-state and international payroll processing.
- Proficiency in payroll and equity administration systems/software (e.g. Workday, ADP, E*Trade) and a demonstrated ability to use technology and new solutions to efficiently scale the function in a high growth company.
- Excellent communication and interpersonal skills, with the ability to effectively interact with employees, managers and external partners.
- Proven leadership abilities, with experience managing teams and driving results in a fast-paced, dynamic environment.
- Detail-oriented with stro
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