Manager, Equity Compensation & Payroll Tax

No Relocation Assistance Offered
# 159481 - New York, New York, United States

Who We Are
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Pet Nutrition.

We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health.

If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team!
 

We are seeking a diligent and experienced Manager of Equity Compensation and Payroll Tax to join our Payroll Center of Excellence. You will be responsible for our equity plan administration, managing the global day-to-day stock administration activities to ensure timely and accurate equity-related withholding and reporting. The ideal candidate is strategic, has a strong attention to detail, an in-depth understanding equity compensation programs, and familiarity with payroll tax requirements. 

What you will do:

• Lead all aspects of the administration and tax compliance of US and Global stock equity plans across 65+ countries using Merrill Lynch’s Benefit Online (BOL) platform, ensuring accurate payroll tax withholdings and seamless integration with corporate payroll systems like Dayforce
• Collaborate with cross-functional teams including Financial Reporting, Legal, Payroll, Global Compensation, Global Mobility, Treasury, and Tax, as well as External Consultants and Auditors, to lead equity transactions and contribute to the Proxy reporting process
• Be responsible for the quarterly Global Equity Chargeback process, manage the classification of insider trading within BOL, and support the Board of Directors with relevant presentations and the calculation/approval of Dividend Equivalent Units (DEUs)
• Ensure compliance with international regulations, including the acceleration of FICA and Medicare withholding for RSU awards and adherence to China SAFE regulations, while assisting the legal team with insider transactions and SEC filings for Section 16 Officers
• Monitor and ensure timely IRS deposits for substantial equity compensation tax withholdings, provide ad hoc reporting and analysis, and oversee the Colgate Business Services group in Mexico for related tasks
• Coordinate with the Dayforce Managed Payroll Tax team and partner with the North America Payroll Tax for review and reporting, ensuring accurate tax administration and the review/approval of tax adjustments

Required Qualifications

• Bachelors degree, ideally in Finance, Accounting, or related field
• 3-5 years of experience with stock compensation or equity administration 
• Ability to interact and speak to executive level management and provide explanations, clarifications and intelligence with respect to their equity awards
• Attention to detail, strong organizational skills, and strong analytical skills 
• Excellent written and verbal communications, ability to work with different departments and third-party resources to achieve mutual goals
• Discretion with confidential information

Preferred Qualifications

• Certified Equity Professional (CEP) designation (or working towards) 
• Experience with third-party vendor management and interaction 
• Familiarity with Merrill Lynch’s Benefit Online (BOL) platform
   

Compensation and Benefits
Salary Range $115,200.00 - $170,000.00 USD

Pay is based on multiple non-discriminatory, individualized factors including but not limited to experience, job-related knowledge and education, skills and office/market location. In addition to base salary, salaried employees are eligible for annual discretionary bonuses, profit-sharing and, for Executive-level (salary grade 16 and above) roles only, long-term incentives in the form of Restricted Stock Units and/or Stock Options.

Subject to the terms and conditions of the applicable benefits plans then in effect, all salaried employees are also eligible for a competitive benefits package which includes:

• Insurance: Employees (and their eligible dependents) are eligible to participate in Company-sponsored Medical, Dental, Vision, Basic Life Insurance, Accidental Death & Dismember