Senior Manager, Stock Plan Administration
Resideo · Golden Valley
The Senior Manager, Stock Plan Administration will play a key leadership role in shaping and managing Resideo’s equity administration function. This highly visible position owns the day-to-day administration of our stock incentive plans while monitoring, analyzing, and reporting on all aspects of equity award administration. In this role, the Administrator will lead the execution of employee and non-employee equity programs, partnering closely with Finance, Accounting, Legal, Payroll, and HR teams to ensure a seamless, accurate, and compliant equity experience across the organization.
JOB DUTIES:
Administer all aspects of Resideo’s global equity programs, including stock awards and employee stock purchase program.
Continuously evaluate stock administration function for improvements in processes, implementing automated solutions and holding service providers accountable.
Maintain equity award database and ensure that transactions are correctly processed in a timely manner.
Ensure accurate and timely recording of new equity awards, stock option exercises, terminations and RSU releases.
Ensure accurate and timely tax withholding and reporting to payroll.
Prepare reconciliations of equity award data on a monthly basis between Stock Administration records, accounting, HR, payroll, transfer agent, etc.
Responsible for ensuring annual reporting forms required by tax authorities and year-end tax statements are produced accurately and filed or distributed timely.
Work with internal and external auditors and Finance team for quarterly reviews, year-end audits, as well as to ensure that appropriate internal controls are in place and procedures are followed to satisfy periodic review of compliance with SOX.
Be the primary point of contact for employee inquiries and requests regarding equity programs and equity transactions.
Prepare training materials and provide training to employees.
Prepare reports for business partners and respond to ad-hoc data requests on a timely basis.
Assist with the preparation of equity-related exhibits for the Board and Compensation Committee.
Manage bonus plan eligibility records by regularly auditing employee bonus plan assignments reported from Oracle to ensure accuracy.
Prepare monthly bonus plan accruals for all eligible employees and provide to the accounting team.
Support the annual compensation planning process related to bonus payments and LTI awards and ensure the accuracy of bonus payments provided to Payroll for disbursement.
Administer our recognition program, including setup of annual budgets with the HRBPs, reporting activity monthly, and supporting the processing of awards that fail to process in the tool.
Assist Legal team by providing data required to prepare SEC filings such as Form 4s, and review of drafts before filed.
Work closely with outside service providers such as equity plans outsourced provider, tax advisors and transfer agent to ensure complete and accurate administration of programs.