Senior Stock Plan Administrator

Job not on LinkedIn

🔥 2 minutes ago

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Devoted Health

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 2017

🏥 Healthcare

⚕️ Healthcare Insurance

🧘 Wellness

Healthcare • Healthcare Insurance • Wellness

Devoted Health is a healthcare company that offers Medicare Advantage plans designed to provide comprehensive health coverage with added benefits like dental, eyewear, gym memberships, and prescription drugs at competitive rates. The company emphasizes member support and service, ensuring that clients can easily navigate their benefits and access needed healthcare services. Devoted Health is committed to helping customers save money and enhance their health and wellness through a complete package of benefits and support.

📋 Description

• Oversee daily equity plan operations in Carta, including grant processing, option exercises, cancellations, repurchases, and cap table management. • Evaluate equity administration tools and lead implementation of new solutions. • Manage monthly and quarterly equity reconciliations and reporting. • Administer employee equity plan transactions accurately and compliantly, including any liquidity events the Company may offer, from planning through employee communications and settlement. • Build and optimize processes for equity plan transactions, particularly option exercises, while ensuring accuracy and compliance. • Support the development of equity plan tax policies and procedures in partnership with Accounting, Tax, Legal, and Payroll. • Design and document standard operating procedures and strong internal controls for all equity plan operations, including audit support. • Manage the 409A valuation process and cadence in collaboration with Legal and Accounting, and its downstream effects on grants, exercises, and liquidity events. • Lead HRIS and payroll system integrations to streamline equity plan operations and eliminate manual reconciliation. • Develop automated processes for tax withholding calculations and payroll integration, including withholding on liquidity events. • Create scalable workflows that support our growing headcount over a multi-year private horizon. • Coordinate equity plan tax calculations and timely, accurate withholding and reporting with Payroll (including Forms 3921/3922 and W-2 treatment). • Support the introduction of new instruments such as RSUs (including appropriate vesting design for a private company) as the program evolves. • Provide high-touch guidance and support to managers and employees on equity-related questions — helping them understand their equity, from grants and vesting to exercises, secondaries, taxes, and payroll impacts. • Manage the equity-related information verification from non-employee shareholders including, but not limited to, audit requests, shareholding confirmations, and 409a value verification.

🎯 Requirements

• 8+ years in equity plan administration, stock plan management, or a related field. • Hands-on administrator-level experience with Carta; experience with Shareworks and other platforms is a plus. • Strong knowledge of equity compensation principles and their tax treatment, including stock options (ISOs and NSOs) and RSUs, and the accounting treatment and execution experience of various private company liquidity events. • Proficiency with payroll systems integration and tax withholding processes. • A detail-oriented approach with strong analytical and problem-solving skills. • Excellent communication skills, with the ability to both consult subject matter experts on bespoke equity issues across legal, tax, accounting, and payroll and explain complex equity concepts to employees in plain language. • Desired skills and experience: A Certified Equity Professional (CEP) designation. • Experience at a high-growth private company with a wide shareholder base. • Hands-on experience administering private company liquidity events. • Experience evaluating different forms of employee equity, introducing a new instrument, and managing it on an ongoing basis post-introduction (e.g., evaluating and introducing RSUs to an options-focused employee equity program). • Knowledge of US and international equity compensation and tax requirements. • Familiarity with ASC 718 stock-based compensation and internal controls. • Excellent project management skills with a track record of leading complex, cross-functional initiatives. • Advanced Excel/Google Sheets skills and experience with modeling.

🏖️ Benefits

• Employer sponsored health, dental and vision plan with low or no premium • Generous paid time off • $100 monthly mobile or internet stipend • Stock options for all employees • Bonus eligibility for all roles excluding Director and above; Commission eligibility for Sales roles • Parental leave program • 401K program • And more.... *Our total rewards package is for full time employees only. Intern and Contract positions are not eligible.