Loading...
 

Senior Stock Plan Administrator

Burlington, MA, US, 01803

Finance

Sophos is a worldwide leader in next-generation cybersecurity, protecting more than 500,000 organizations and millions of consumers in more than 150 countries from today’s most advanced cyberthreats. Powered by threat intelligence, AI and machine learning from SophosLabs and SophosAI, Sophos delivers a broad portfolio of advanced products and services to secure users, networks and endpoints against ransomware, malware, exploits, phishing and the wide range of other cyberattacks. Sophos provides a single integrated cloud-based management console, Sophos Central – the centerpiece of an adaptive cybersecurity ecosystem that features a centralized data lake that leverages a rich set of open APIs available to customers, partners, developers, and other cybersecurity vendors. Sophos sells its products and services through reseller partners and managed service providers (MSPs) worldwide. Sophos has major hubs around the globe. More information is available at www.sophos.com

Role Summary

A member of our Treasury team, the Senior Stock Plan Administrator covers a wide range of operational and administrative activities, partnering closely with global internal functions as well as external third-party providers to manage day to day processes and procedures for on-going accurate delivery of equity programs. In this role you are exceptionally analytical, possess great follow-up and time management skills, and enjoy utilizing tools like Excel. You thrive when working independently in a fast-paced, rapidly evolving environment.

 

What You Will Do

 

Stock Plan

 

  • Administer and execute all equity programs, both domestic and international, in accordance with plan and local requirements
  • Support effective on-going administration of award and participant data working with internal functions.
  • Maintain and update stock databases
  • Partner with the internal communications and HR teams to develop effective employee communications and promotional material; Support and develop employee communications and educational programs including presentations, webinars, responding to employee inquiries, and creating training/educational materials • Be a point of contact for participants and internal functions to address equity-related questions
  • To act in a customer service capacity to manage incoming shareholder / participant enquires on employee or shareholder equity and shareholdings, such as questions on sale transactions and current shareholdings
  • Collaborate with legal, finance and HR teams as required.
  • Ensure compliance with federal, state and foreign regulations along with securities

 

Stock Transactions

 

  • Ensure accurate grant agreements are issued and coordinate delivery of grant communications; track employee grant acceptance and taxpayer status certifications, following up with equity plan participants as needed
  • Process employee stock transactions, included stock releases and exercises, and ensure timeliness and accuracy of all transactions
  • Coordinate the process of grant and vest communications
  • Administer organization enrolments and purchases
  • Assist with effecting global mobility changes

 

Reporting

 

  • Support the business with stock plan reporting data as required
  • Collaborate with Finance, Human Resources, Payroll, Legal and SOX teams on stock reporting requirements
  • Prepare and provide information to employees about vesting schedules, exercise process and eligibility
  • Distribute payroll reports to global payroll and finance teams when shares are released
  • Conduct monthly, quarterly as well as yearly reporting inclusive of information needed for SEC filings and (global) tax authority reporting
  • Develop quarterly organizational disqualified disposition reports along with year-end tax statements
  • To help with audit queries related to share transactions
  • Collaborate in the preparation of SEC filings and regulatory reporting (Form 4, Section 16, 10-K, 10-Q, Annual Report/Proxy, etc.)
  • Assist with reporting to the Compensation Committee as required


Other

 

  • Act as an SME for stock plans within the Group
  • Lead and direct contact for relationship with the 3rd party stock plan system vendor; manage the partnership and contract with the vendor; and, hold regular review meetings to review performance and proactively drive through improvements
  • Support the cross charging of tax monies and LTI consultancy costs to local countries, including all reconciliations
  • Ensure the team has up-to-date documented processes
  • Perform to enhance efficiencies, processes, and accuracy of data

 

What You Will Bring

 

  • Bachelor's Degree in Accounting, Finance, or related concentration
  • 7+ years of senior-level experience in administration of global equity programs in a US public company
  • Experience managing a variety of stock-based compensation types and high transaction volume, including stock options, restricted stock units, phantom, and performance-based stock awards and ESPP
  • Knowledge of regulatory and compliance matters as they relate to equity, both U.S. and international
  • Strong technical awareness and know-how of accounting, legal and tax implications on equity programs.
  • Familiar with SEC filings, trading windows, 10b5-1 Plans, and stock ownership guidelines for Section 16 officers and directors
  • Experience with major third-party equity software systems and brokerage firms
  • Strong verbal, written and interpersonal communication skills with an ability to communicate effectively with all levels of employees and internal/external partners
  • Strong analytical abilities and advanced Excel skills
  • Excellent project management skills and ability to prioritize work
  • Self-motivated, detail-oriented team player with a strong work ethic and an ability to work well under pressure and meet deadlines
  • Ability to effectively operate in a fast-paced environment, prioritize, multi-task, deliver high quality results within established timeframes and go the extra mile
  • Strong technical background, with experience in stock-based compensation accounting (ASC 718).
  • Prior experience designing, implementing, documenting and performing Sarbanes-Oxley processes and controls
  • Certified Equity Professional preferred (or in the process of obtaining certification)
  • US based –east coast locations preferred

What’s Great About Sophos?

  • Our people are what makes Sophos special – we demonstrate shared vision, talent, innovation, and creativity, all of which are accompanied by a great sense of fun and team spirit.
  • Employee-led diversity and inclusion groups that build community within Sophos and provide internal education and advocacy (eg. Sophos Women in Tech group to improve gender parity, encourage gender-balanced leadership, and support career progression at Sophos)
  • Sophos Environment Network and employee challenges to contribute to sustainability and reduce our environmental footprint
  • Annual commitment to charity and fundraising across our global sites and volunteer days for employees to give back to local communities
  • Global trivia competitions to keep our minds sharp
  • Global Mental Health days off work for all Sophos to help employees relax and recharge
  • Monthly employee wellbeing webinars and training to support employee health and wellbeing
  • Employee rewards and thanks, such as our free annual subscription to Calm

 

Our Commitment To You

We’re proud of the diverse and inclusive environment we have at Sophos, and we’re committed to ensuring equality of opportunity.   We believe that diversity, combined with excellence, builds a better Sophos, so we encourage applicants that can contribute to the diversity of our team.  All applicants will be treated in a fair and equal manner and in accordance with the law regardless of gender, sex, gender reassignment, marital status, race, religion or belief, color, age, military veteran status, disability, pregnancy, maternity or sexual orientation.  We want to give you every opportunity to show us your best self, so if there are any adjustments we could make to the recruitment and selection process to support you, please let us know.

 

Data Protection

If you choose to explore an opportunity, and subsequently share your CV or other personal details with Sophos, these details will be held by Sophos for 12 months in accordance with our Privacy Policy and used by our recruitment team to contact you regarding this or other relevant opportunites at Sophos. If you would like Sophos to delete or update your details at any time, please follow the steps set out in the Privacy Policy describing your individual rights. If you have any questions about Sophos' data protection practices, please contact dataprotection@sophos.com.

At Sophos, we want every organization to be protected by innovative, next-generation IT security, even those who don't have a huge IT staff. We protect organizations of all sizes, all around the world by making enterprise-grade security that is simple to deploy, manage, and use. It is our passion, and something we are truly proud of.


Nearest Major Market: Boston

Job Segment: Cloud, Project Manager, Technology