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Senior Stock Administration Manager

Let’s face it, a company whose mission is human transformation better have some fresh thinking about the employer/employee relationship. 

We do. We can’t cram it all in here, but you’ll start noticing it from the first interview. 

Even our candidate experience is different. And when you get an offer from us (and accept it), you get way more than a paycheck. You get a personal BetterUp Coach, a development plan, a trained and coached manager, the most amazing team you’ve ever met (yes, each with their own personal BetterUp Coach), and most importantly, work that matters. 

This makes for a remarkably focused and fulfilling work experience. Frankly, it’s not for everyone. But for people with fire in their belly, it’s a game-changing, career-defining, soul-lifting move.

Join us and we promise you the most intense and fulfilling years of your career, doing life-changing work in a fun, inventive, soulful culture. 

If that sounds exciting—and the job description below feels like a fit—we really should start talking.

The Stock Administrator is a critical member of the finance team in leading and scaling BetterUp’s stock administration function as we grow globally. This role is responsible for hands-on, end-to-end administration of BetterUp’s global equity plans. 

What you’ll do:

  • Administer the company’s global equity plans for all employees and third parties receiving grants. Manage exercise requests and be the main point of contact for equity at BetterUp. 

  • Partner with the company's external Legal team, Payroll, and HR. Act in close collaboration with recruiting to support equity conversations. 

  • Assist in the preparation of presentations to the Board of Directors related to the equity pool and proposed equity grants and modifications.

  •  Support employee education and awareness of equity awards and company programs and policies; provide live presentations for new and existing employees to fully understand equity offerings. 

  • Implement best practices with effective SOX controls, and assist with automation of routine work streams and manual processes to enable efficient, accurate and timely processing of equity award data.

  • Prepare recurring and custom reports and reconciliations to ensure complete and accurate tracking of equity transactions on a quarterly basis including but not limited to equity roll forward and grant slate. 

  • Maintain supporting documents for internal/external SOX and financial auditors and respond accurately, thoroughly and timely to requests for data.

  • Process leave of absence vesting suspensions and ad hoc duties as assigned.

  • Prepare annual filings for international countries where BetterUp has employees with equity grants. 

If you have some or all of the following, please apply:

  • 5+ years of relevant experience in administration of global equity plans; 3+ years working at pre-IPO organizations.

  • Bachelor’s degree required, CEP Level III preferred. 

  • Strong working knowledge of equity plans and various equity award types.

  • Proficient in all Microsoft Office applications including advanced excel skills.

  • Experience managing Carta and/or Shareworks

  • Ability to function in a fast-paced, highly confidential environment.

  • Excellent project management skills.

  • An effective communicator with a variety of levels of internal employees, business partners, external vendors, etc.

Benefits: 

At BetterUp, we are committed to living out our mission every day and that starts with providing benefits that allow our employees to care for themselves, support their families, and give back to their community. 

  • Access to BetterUp coaching; one for you and one for a friend or family member 

  • A competitive compensation plan with opportunity for advancement

  • Medical, dental, and vision insurance

  • Flexible paid time off

  • Per year: 

    • All federal/statutory holidays observed

    • 4 BetterUp Inner Workdays (https://www.betterup.co/inner-work)

    • 5 Volunteer Days to give back

    • Learning and Development stipend

    • Company wide Summer & Winter breaks

  • Year-round charitable contribution of your choice on behalf of BetterUp

  • 401(k) self contribution

We are dedicated to building diverse teams that fuel an authentic workplace and sense of belonging for each and every employee. We know applying for a job can be intimidating, please don’t hesitate to reach out — we encourage everyone interested in joining us to apply.

BetterUp Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, disability, genetics, gender, sexual orientation, age, marital status, veteran status. In addition to federal law requirements, BetterUp Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

At BetterUp, we compensate our employees fairly for their work. Base salary is determined by job-related experience, education/training, residence location, as well as market indicators. The range below is representative of base salary only and does not include equity, sales bonus plans (when applicable) and benefits. This range may be modified in the future.

The base salary range for this role is $119,000 – $198,000.

If you live in New York, the base salary range for this role is: 

$132,000 – $198,000: New York City

$126,000 – $188,000 : Nassau, Newburgh

$119,000 – $179,000 : Albany, Buffalo, Rochester, Syracuse

We value your privacy. Your personal data will be processed in accordance with our Privacy Policy. If you have any questions about the privacy of your personal data or your rights with regards to your personal data, please reach out to support@betterup.co

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Average salary estimate

$158500 / YEARLY (est.)
min
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$119000K
$198000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Stock Administration Manager, BetterUp

Excited to dive into the world of equity administration? At BetterUp, we’re on the lookout for a Senior Stock Administration Manager to drive our global equity plans as we continue to make waves across the industry. In this pivotal role, you're not just managing stock options; you're shaping the way employees engage with their equity offerings. Picture this: you'll handle everything from grant management to employee education, ensuring our teams fully grasp what their equity awards mean. You’ll partner closely with our Legal, Payroll, and HR teams, making sure everyone is on the same page when it comes to equity conversations. With your expertise, you’ll help prepare presentations for our Board of Directors and kickstart discussions that will influence the equity pool. You’ll also play a vital role in implementing SOX controls, ensuring everything runs smoothly and efficiently, and you won’t just be crunching numbers; you’ll be a key conduit of information, presenting insights and reports on equity transactions. Your background in global equity administration, especially in a pre-IPO environment, will shine here. Plus, if you’re passionate about cultivating a culture built on fun and growth, BetterUp’s vibrant ethos is calling your name. If you’re ready to embark on this exciting journey with us, we can't wait for your application.

Frequently Asked Questions (FAQs) for Senior Stock Administration Manager Role at BetterUp
What are the responsibilities of a Senior Stock Administration Manager at BetterUp?

The Senior Stock Administration Manager at BetterUp oversees the administration of global equity plans, managing exercise requests and acting as the primary point of contact regarding equity matters. This role involves collaborating with various departments, including Legal and HR, to facilitate equity discussions, preparing reports for the Board of Directors, and ensuring compliance with SOX controls while educating employees on equity offerings.

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What qualifications are required for a Senior Stock Administration Manager position at BetterUp?

To excel as a Senior Stock Administration Manager at BetterUp, candidates should have at least 5 years of relevant experience in administering global equity plans, with 3 years in pre-IPO organizations. A Bachelor’s degree is required, with a CEP Level III certification preferred. Strong knowledge of equity plans, proficient Microsoft Office skills, particularly in Excel, and experience managing Carta or Shareworks are also important qualifications.

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How does BetterUp support employee education and awareness for equity awards?

At BetterUp, the Senior Stock Administration Manager is instrumental in supporting employee education related to equity awards. This includes conducting presentations for both new and existing employees, ensuring they understand the full scope of the company's equity offerings and policies, thus empowering them to make informed decisions about their equity.

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What benefits does a Senior Stock Administration Manager receive at BetterUp?

As a Senior Stock Administration Manager at BetterUp, you'll enjoy a competitive compensation plan, access to a dedicated BetterUp coach, flexible paid time off, and various insurance options. Additional perks include volunteer days, a learning and development stipend, and company-wide breaks that foster a supportive and balanced work environment.

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What is the salary range for a Senior Stock Administration Manager at BetterUp?

The salary range for a Senior Stock Administration Manager at BetterUp varies based on experience and location. Generally, the base salary ranges from $119,000 to $198,000, with specific adjustments for employees in cities like New York. This range reflects base salary only, excluding additional equity and performance-based bonuses.

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Common Interview Questions for Senior Stock Administration Manager
Can you explain your experience with administering global equity plans?

Focus on specific cases where you managed equity plans, detailing the processes you followed and the software tools you used. Highlight any successful outcomes such as streamlined operations or enhanced employee understanding.

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How would you handle a discrepancy in equity award data?

Describe your approach to investigating discrepancies, including steps for cross-referencing data, collaborating with team members, and communicating findings promptly while ensuring compliance with best practices.

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What strategies would you implement to improve employee understanding of equity awards?

Share concrete strategies like developing engaging educational materials, organizing regular Q&A sessions, and utilizing tools like live presentations to boost employee engagement and comprehension of equity offerings.

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How do you ensure compliance with SOX controls in your equity administration?

Discuss your familiarity with SOX requirements and how you incorporate them into your daily operations. Emphasize the importance of accurate record-keeping, regular audits, and clear documentation protocols.

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What tools and software have you used for stock administration?

List any relevant tools like Carta or Shareworks you've utilized, describing your level of proficiency and any specific features you found helpful in the context of stock administration.

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How do you prioritize tasks in a fast-paced environment?

Explain your organization and prioritization methods, perhaps mentioning project management tools or techniques you use to balance multiple tasks effectively, ensuring timely completion without compromising quality.

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Can you share an experience where you presented complex data to management?

Provide a specific example detailing the context, how you simplified complex data for clarity, and the feedback you received from your audience, showcasing your communication skills.

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What is your approach to collaborating with HR and Payroll regarding equity plans?

Discuss your collaborative approach, including regular check-ins, joint training sessions, and ensuring everyone is aligned on policies and processes to streamline employee equity conversations.

Join Rise to see the full answer
How do you handle confidential information related to stock administration?

Outline your commitment to confidentiality, mentioning protocols you follow to safeguard sensitive information, such as limited access, secure data storage solutions, and compliance with legal requirements.

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What makes you passionate about working in stock administration?

Share your enthusiasm for the role, perhaps highlighting how stock administration plays a crucial part in employee engagement, ownership, and the overall success of the company.

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BetterUp's is a company centered around unlocking human potential by providing personalized coaching, mentorship, and professional development resources.

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DATE POSTED
December 6, 2024

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