Note: The job is a remote job and is open to candidates in USA. Envestnet is an adaptive WealthTech company redefining wealth management through comprehensive technology, actionable insights, and industry-leading support. The Stock Plan Administrator oversees the day-to-day operations of the company’s U.S. and Canadian equity programs, managing equity data, transactions, compliance, reporting, and employee and executive support while partnering with Legal, Accounting, Finance, and Payroll.
Responsibilities
- Ensures all forms of equity compensation are administered in accordance with the terms and conditions of the plans from which they are granted
- Adheres to internal processes and procedures, ensuring compliance with international and U.S. tax withholding / reporting requirements
- Manages new hire, promotion, and ad-hoc discretionary awards and vesting processes for employees and Board of Directors
- Maintains the integrity of data in Fidelity and Carta administration software platform
- Performs periodic review and reconciliations of equity transactions and participant data to maintain high level of accuracy and data integrity
- Generates recurring reports (monthly, quarterly, annually) and responds timely to ad hoc data requests from People & Culture, Accounting, Finance and Payroll
- Partners with Finance to provide budget support for equity-related budget items
Skills
- 2-5 years of experience in Stock Plan Administration working for a service provider or an issuer
- Deep knowledge and experience with Fidelity stock plan administration software (or similar software) is required
- Ability to maintain strict confidentiality
- Technical understanding of various equity awards including tax and accounting implications and reporting requirements
- Ability to clearly communicate equity compensation concepts at a high level with employees and cross-functional partners
- Bachelor's degree
- Experience with private equity program
- Strong analytical ability with an understanding of financial business concepts related to the equity and pay programs; strong accounting background is a plus
- Certified Equity Professional (CEP) (Level 3) preferred
Benefits
- Remote work model
- This role is eligible for an additional incentive component as part of the total rewards package.
- Medical insurance
- Paid time off (PTO)
- 401k company match
- Paid parental leave
- Education reimbursement
- Disability coverage
- Mental health & wellness support
Company Overview