Equity Plan Administration Director

Turo•San Francisco, CA

1d•$170,000 - $212,000•Hybrid

About The Position

The Turo Stock Plan Administrator will work in close partnership with our People Ops, Accounting and Legal teams to support us with scaling and refining the Turo stock administration function as the Company continues to grow. The ideal candidate will be responsible for hands-on, end-to-end administration of the Company’s equity plan(s). You will support and collaborate with internal business partners, answer employee questions regarding equity grants, assist in the management of the stockholder ledger, manage communications, and assist with employee education and training regarding the company's equity plans.

Requirements

Minimum 6+ years of relevant work experience working in stock plan administration at a publicly traded U.S. company, or late stage startup required.
Strong working knowledge and experience with stock options, RSUs, restricted cash, and ESPP.
Bachelor's Degree in Accounting, Finance or related work experience preferred.
Certified Equity Professional (CEP) certification required.
Self-motivated, reliable, flexible, deadline-oriented, high employee service orientation, have a keen attention to detail, and are able to complete multiple tasks in a timely fashion, independently with minimal supervision.
An effective communicator using any medium with a variety of levels of internal employees, business partners, external vendors, etc.
This role works very closely with senior leadership advising the C suite and so the successful candidate must be able to confidently make business focused compliant recommendations and maintain good executive presence.
A compliance and process-oriented individual who is also flexible and can maintain a sense of humor as priorities evolve.
Able to maintain strict confidentiality in a very open and transparent environment.

Nice To Haves

Experience with Shareworks preferred.

Responsibilities

Utilize your stock/equity administration expertise to administer the company’s equity programs for all employees in the U.S. and internationally (currently Australia, Canada, France, and U.K.).
Support employee understanding of equity awards and refresh grants including general guidelines on taxation.
Assist efforts to grow and scale the equity plan administration function, including but not limited to, implementing best practices with effective SOX controls, enhancing existing manual processes, automating processes and helping to evaluate service providers.
Lead efforts to automate routine work streams and manual processes to enable efficient, accurate and timely processing of equity award data.
Maintain company’s equity data using cap table management systems, reconcile new hire grants and terminations to payroll records, and maintain and reconcile employee databases.
Process employee exercises and coordinate with transfer agent and accounting to ensure accuracy and timely flow of exercise funds including tax withholding.
Support accounting for stock based compensation and quarterly and annual footnote disclosures by providing equity information and making necessary updates to cap table management systems.
Calculate equity related employee compensation including regular income and gains from ISO, Non-Qualified and RSU grants.
Coordinate with the People Ops and Payroll teams to ensure proper withholding of tax from equity proceeds.
Provide data needed for stock impacts of W-2 and 1099-R reporting related to stock compensation.
Manage ongoing and annual IRS filings as required.
Coordinate and partner with Legal to maintain insider trader restrictions, including managing preclearance and 10b5-1 plans as required.
Assist in the preparation of SEC filings, including Section 16 filings and stock-related sections of 10-Qs, 10-Ks, and proxy statements if and when Turo becomes a publicly traded company.
Manage, communicate, and roll out new equity programs including refresh grants, secondaries, tender offer transactions, etc. as required.
Prepare internal reporting including equity grant status for executives, HR and Compensation Committee.
Work closely with the company’s internal and external Legal counsel, in addition to Finance, Payroll/Accounting, People and other teams, as necessary.
Evaluate and implement equity solutions as required for business needs and scalability.
Perform other duties and ad hoc projects and reporting as requested.

Benefits

Competitive salary, equity, benefits, and perks for all full-time employees
Employer-paid medical, dental, and vision insurance (Country specific)
Retirement employer match
Learning & Development stipend to invest in your professional development
Turo host matching program
Turo travel credit
Cell phone and internet stipend
Paid time off to relax and recharge
Paid holidays, volunteer time off, and parental leave
For those who are in the office full-time or hybrid we have in-office lunch, office snacks, and fun activities