Stock Plan Administrator

Job Description

Overview

We are currently seeking a Stock Plan Administrator. In this role you will be primarily responsible for administering Discovery's global equity-based compensation programs. The qualified candidate will have i n-depth understanding of the field's concepts and principles o verseeing the operational work related to new hire, promotional, and on-going equity grants as well as the work required to maintain our global ESPP.

Responsibilities
• Maintains participant data (e.g. new hires, terminations, etc.) in third-party administrator system
• Ensures all participant stock plan transactions (grants, exercises, terminations) are correctly processed and settled in a timely manner.
• Assemble grant agreement documentation, provide to third-party administrator, and facilitate acceptance when needed
• Ensures adherence to plan document provisions.
• Works with external consultants on issues such as income sourcing for mobile employees, tax and legal updates
• Acts as an Equity Administration resource to employees and internal business partners providing them with complete and accurate information
• Assist with the preparation and distribution of equity plan communication material, as required.
• Works closely with Finance for accurate reporting including valuation, overhang, section 16 and Disqualifying Dispositions
• Assist Legal in complying with SEC Forms 3, 4 and 5 filings.
• Works closely with Legal to compile quarterly blackout list and communicate with third-party vendor about blackouts and affected participants.
• Works closely with payrolls in various countries to ensure proper tax withholding, accounting and compliance.
• Partners with Payroll Contacts to ensure that all plan enrollments, changes in enrollments, and withdrawals are accurately recorded and processed.
• Performs routine audits to ensure that all data (grants, exercises, terminations) have been processed correctly. Adheres to all SOX and other established controls, reviewing and updating controls as needed
• Reconcile stock issuances with transfer agent on a monthly basis, including audit of plan reserve balances.
• Coordinates contribution files for the Employee Stock Purchase Plan for US and International based employees. Works with third-party administrator to process the plan purchases.
• Communicates with People & Culture and participants on a routine basis to answer questions about equity program. Periodically reviews equity program information on Discovery's People Portal for accuracy.
• Completes surveys and assist with compiling benchmark data for equity plans
• Perform other duties as required

Qualifications

Required Experience:
• Demonstrates exceptionally strong attention to detail
• 5+ years' experience in Human Resources compensation with a global equity Administration of a global company
• Experienced in all regulatory aspects of global equity administration
• Awareness and understanding of global equity administration marketplace trends and knowledge of standard internal processes
• Prior experience in administering a global employee stock purchase plan preferred
• Ability to be organized and work independently on routine tasks, with sound judgment
• 4-year college degree or its equivalent

Preferred Experience:
• 4-year degree in Finance or Accounting
• Prior experience working with Fidelity's Plan Sponsor WebStation (PSW)
• Minimum of CEP Level 2 preferred

Jobcode: Reference SBJ-g6p4v9-3-145-191-22-42 in your application.