Equity & Compensation Manager

Reliance S.A.SPasadena, CA
158d$155,000 - $180,000

About The Position

The Manager, Equity and Compensation Programs works closely with the Director, Benefits & Compensation to complete the day-to-day Equity plan administration and strategic compensation projects. Responsible for management, daily administration and operations of our equity incentive plan, which include restricted stock units (RSUs), and performance stock units (PSUs) with twice yearly lapse events. This role involves managing all aspects of equity grants for new hires to annual equity awards vesting activities. This individual should have advanced knowledge of all related legal aspects like the Securities Act and ERISA and is responsible for ensuring ongoing compliance of plan operations and staying informed of and ing, required regulatory changes. This individual manages and administers all award and lapse events throughout the year including two annual lapse events and retiree prorated lapse events. The individual must be committed to providing accurate and efficient management and administration of the equity plan, advise executive leadership on regulatory items and overall improvements, while working collaboratively with Corporate Accounting and Corporate Legal to support all reporting requirements. The individual must recognize the importance of their efforts in maintaining investor relationships, corporate reputation in the investor community, compliance with all SEC requirements, and providing an accurate and seamless experience for employees. A portion of the role requires working with executive leadership on strategic compensation programs while providing one-off job pricing. This individual assists in annual merit process planning, annual compensation process administration, and in variable pay administration across the Reliance organization.

Requirements

  • Bachelor's degree in finance, accounting, business or a related field is required.
  • 10+ years of compensation and equity administration in a U.S. public company.
  • Knowledge of SEC requirements and ERISA.
  • Extreme attention to detail and ability to perform self-audit to always ensure data integrity and utmost accuracy, including reviewing the work of others.

Nice To Haves

  • Certifications such as Certified Compensation Professional (CCP) or Certified Equity Professional (CEP) preferred.
  • Strong analytical and critical thinking skills to manage complex equity plans and ensure accurate reporting.
  • Meticulous record-keeping and mindfulness are crucial for compliance and effective administration.
  • Ability to analyze data, understand trends, and develop recommendations based on analysis.
  • Excellent verbal and written communication skills to interact with employees and stakeholders effectively.
  • Familiarity with equity administration software and Microsoft Office applications. Advanced skills in Excel.

Responsibilities

  • Administer the Company's global equity plans and maintain all aspects of the equity management system, including day-to-day administration, end-to-end process and reconciliation of new grants, new hires, terminations/cancellations, and dispositions.
  • Maintain meticulous records, performing timely vesting calculations, and communicating effectively with plan participants, Management, Legal, Accounting, and Payroll.
  • Collaborate closely with the director of compensation and benefits on project management and strategic planning for the compensation unit.
  • Manage all of the equity lapse events including the two annual events and the qualified retirement lapse events.
  • Advise executive leadership on regulatory issues and overall process improvement.
  • Ensure that demographic file transfers from HR and Payroll systems to the Charles Schwab equity management system are processed correctly and promptly.
  • Oversee the creation, tracking, and management of employee equity awards, including Restricted Stock Units (RSUs), and Performance Stock Units (PSUs).
  • Maintain database integrity and ensure accuracy of record-keeping of equity data and integrated systems.
  • Collaborate with HR partners on pay adjustments, job leveling, retention strategies, and offers guidance on compensation-related matters.
  • Conduct proactive data analytics to support compensation assessments and provides recommendations to HR and business leadership.
  • Assist in merit planning, variable pay administration, and equity nomination and distribution processes.
  • Drive annual compensation processes in a global or multi-regional environment.
  • Design and develop ad-hoc and recurring human resource reports for management and distribution, contributing to informed decision-making.
  • Manage departmental databases to analyze compensation data, developing standard queries and reports for effective data interpretation and reporting.

Benefits

  • 401k
  • health_insurance
  • dental_insurance
  • vision_insurance
  • life_insurance
  • paid_holidays
  • flexible_scheduling
  • professional_development

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What This Job Offers

Job Type

Full-time

Career Level

Manager

Industry

Primary Metal Manufacturing

Education Level

Bachelor's degree

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