Pay Range: $101,272 to $151,907
Job Title: Stock Plan Administrator
Geographic & job eligibility rules may apply
Work Address: Remote US
Comprehensive coverage (medical/dental/vision) at a reasonable cost
Specialized health programs – Improve wellness (quit smoking, counseling, diabetes management, chronic joint pain)
Paid Time Off
- Actual amount based on position and hours worked
- Increases with length of service
- 40 to 80 hours annually
- Based on position and full-time/part-time status
- 6 paid holidays plus 1 to 2 additional floating holidays
Team member discounts
Up to 50% off store merchandise
Flexible spending accounts
Use pre-tax dollars for eligible health and day care expenses
Employee Assistance Program (EAP)
A whole suite of free tools and resources to manage life’s challenges and maintain a healthy work-life balance
Company provided peace of mind and the option to purchase a supplemental plan
Performance Merit Increases
Who we are:
As one of the largest for-profit thrift operators in the United States, Canada and Australia for value priced pre-owned clothing, accessories and household goods, our mission is to champion reuse and inspire a future where secondhand is second nature. We supply our stores with gently-used, one-of-a-kind items that have been donated by the community to local nonprofit organizations. We purchase these items directly from our nonprofit partners, redirecting billions of pounds of used items away from landfills and on to our store racks and shelves for reuse, and providing our partners with valuable funding for their community-based programs and services. You’ll often hear us say that we are “Thrift Proud.” It’s the millions of loyal customers who visit our 300+ stores and our more than 22,000 team members that make it possible. Learn more about the Savers® family of thrift stores, our impact, and the #ThriftProud movement at savers.com.
Our brands are Savers (in the U.S.), 2nd Ave (in the U.S.), Value Village (in the U.S. and Canada), Unique (in the U.S.), Village des Valeurs (in Quebec) and Savers Australia.
What you can expect:
- The opportunity to celebrate uniqueness. We are made up of people from many different backgrounds, experiences, and perspectives, all with something special to contribute.
- To work in a purpose-driven company, with a business model that people love for our impact on both the planet and local communities.
- An investment in the career path interests of our people. With our aggressive store expansion plans, we recognize the importance of the continued growth and development of our team members.
What you get:
Comprehensive onboarding and training from day one.
In-house expertise! Our training department / Savers University develops and delivers robust training to every team member across our organization — from new hires to senior executives. We develop around 90% of our training internally, and partner with a variety of renowned providers to supplement our offerings.
What you’ll be working on-
The Stock & Compensation Program Manager is responsible for overseeing and managing the operations of the Saver’s stock plan and incentive plans and ensuring compliance with relevant public company regulations and audit requirements. This role performs stock plan administration, incentive plan design, SEC compliance and audit requirements, maintaining accurate records, excellent team member communications, and communicating effectively with internal stakeholders and external partners. This role plays a crucial role in supporting employees' financial well-being and ensuring the smooth administration of the stock and incentive plans. This position reports to the Manager, Compensation.
Essential Job Functions:
Stock Plan Management
- Effectively administer Savers global equity programs with Fidelity Stock Plan Services, Finance and Legal.
- Ensure compliance with SEC regulations.
- Diligent record keeping and accuracy of all equity data in the Fidelity stock platform, including maintaining the data feeds from UKG to Fidelity and from Fidelity to UKG.
- Generate and review quarterly and ad hoc stock reports.
- Partner with SOX compliance and other internal teams to ensure successful audits.
- Process new equity awards and grant agreements and review equity transactions, terminations, cancelations, and RSU exercises.
- Helps in developing and documenting all procedures for our stock plan administration and regularly updating policies and procedures related to Stock Administration.
- Coordinate preclearance in collaboration with Legal during the open windows and company blackout periods.
- Stay up to date with relevant laws, regulations, and industry best practices related to stock plan administration, and ensure compliance.
- Effective internal collaboration with Director of Total Rewards, Manager of Compensation, SEC Reporting Director and Securities Counsel on all stock related items.
Incentive Compensation Management
- New design and redesign of incentive plans to support new and expanding lines of business.
- Accurate and timely creation of monthly incentive plan member inventory for bonus accrual.
- Close collaboration with other Compensation team members on incentive plan calculation and operations, ensuring quarterly and annual bonus calculations and their documentation per documented SOX controls are correctly saved for quarterly audit review in a timely manner.
- Maintenance and communication of official incentive program documents, accurately saved for audit purposes.
- Accurate and timely storage of plan design approvals per SOX and internal audit requirements.
- Effective communications and collaboration with the Compensation team, Finance, Accounting, business stakeholders, internal and external auditors.
What you have-
Required Knowledge, Skills and Abilities:
- Experience handling US and foreign tax issues related to equity compensation.
- Proficiency in using stock plan administration software or platforms, and experience with HRIS systems.
- Deep working knowledge of SEC regulations for employer stock administration
- Experience with SOX compliance; adherence to all organization policies and procedures.
- Strong work ethic and ability to work independently.
- Experience with incentive plan design and administration.
- Excellent interpersonal skills and ability to collaborate effectively with cross functional teams and vendors.
- Excellent proficiency in Excel.
- Strong and effective communication skills
Minimum Required Education, Training and Experience:
- BA/BS degree
- Preferred 3+ years working with SEC regulations for employer stock administration.
- Preferred 4-6 years of experience in Stock Administration for a large publicly traded company.
- Preferred 4-6 years of experience in incentive program administration and design.
- Current CEP certification
- Ability to lift and carry up to 25 lbs.
- The ability to communicate and understand the spoken word are important as well, for example:
- Ability to express or exchange ideas by means of the spoken word.
- Ability to receive detailed information through verbal communication, and to make the discriminations in sound.
- Ability to receive detailed information visually through written communication (both physical and electronic).
FLSA Status: Exempt
Travel: Minimal to no travel
Work Address: Bellevue, WA or Remote