Jobs and Careers
SY

Director, Stock Plan Administration

System1
Los Angeles, United StatesRemotefull_timeVerifiedPosted 3 May 2023
💰 $261,000/yr($170,000/yr$261,000/yr)

About the role

System1 is seeking a detailed and experienced Director, Stock Plan Administration to join our growing team based at our corporate headquarters located in Marina Del Rey, CA, USA.  In this role, you will impact the organization by ensuring all activities related to the Company’s stock plan, on the E-Trade platform, are completed on time, accurately and in accordance with policy. You will administer all aspects of our stock plan including new grants, exercises and vestings, accounting, payroll taxes, and account reconciliations. The Director, Stock Plan Administration will manage our relationship with E-Trade and address employee inquires as needed. You will also be responsible for assisting with the preparation of payroll and ad-hoc reporting, as necessary.As part of our accounting team, you will play a critical role in System1’s operations department.  You will be working alongside our exceptional accounting team.If you are the type of person who “gets stuff done” and wants to work in a fast-paced environment, then this is the perfect opportunity with fantastic potential for you.

The Role You Will Have:

  • Responsible for managing the Company’s stock plan in E-Trade, including processing stock grants, exercises and vestings of restricted stock units, performance stock units, qualified and non-qualified stock options.
  • Works with the Payroll team to ensure that stock option exercises and vesting events are recorded appropriately on employees' payroll records and works with Tax team to comply with domestic and international laws for income and tax withholdings for equity grants, exercises, and vesting.
  • Ensure timely and accurate information is recorded in the E-Trade system.
  • Oversee proper filing of required Form 4 documents for Section 16 officers, in coordination with legal counsel.
  • Manage the preparation of the year-end E-Trade requirements and tax statements.
  • Assist employees with equity related questions and requests.
  • Prepare stock related journal entries as needed.
  • Reconcile records between E-Trade, transfer agent and general ledger on a monthly, quarterly and annual basis.
  • Assist in the preparation of required quarterly and annual disclosures for SEC filings.
  • Ensure SOX compliance for all aspects of equity accounting controls, policies, and procedures.
  • Create, review, share, and respond to periodic reporting requests on a monthly, quarterly, and yearly basis.
  • Assist with the preparation of year-end tax information for IRC 6039 reporting.
  • Communicate, educate, answer questions regarding the company's stock awards.
  • Assist with payroll preparation and administration, using ADP Workforce Now.
  • Maintain E*Trade Equity Edge Online (EEO) database, and conduct regular audits against HR database for completeness (new hires, terminations, account changes etc.)
  • Respond to internal and external audit requests promptly.
  • Assist with special projects as needed.

What You Will Bring:

  • Undergraduate degree or equivalent in accounting, finance or business preferred
  • 7+ years of progressive experience with stock administration
  • Ability to file 10-Q’s and 10-K’s
  • Stock option administration using E*TRADE – EEO preferred.
  • Experience with ADP Workforce Now payroll platform preferred
  • Strong communication, teamwork and business partnering skills
  • Oracle experience a plus

What We Have to Offer:

  • Competitive salary + bonus + equity
  • Generous PTO + 11 company holidays
  • Open sick time
  • 100% covered Medical, Dental, Vision for employees
  • 401k with match
  • Health & Dependent Care Flex Spending Account 
  • Paid professional development
  • Leadership & growth opportunities
  • Virtual company and team building events 

The U.S. base salary range for this full-time position is $170,000 -$261,000 + bonus + equity + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process. Please note that the compensation details listed in U.S. role postings reflect the base salary only, and do not include bonus, equity, or benefits.
System1 offers flexible work arrangements for most employees (unless they hold positions which are identified as having to be 100% onsite in Marina del Rey, CA, Bellevue, WA or Guelph, ON Canada). Most System1 full-time employees choose to work in

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

System1

View company profile →