Senior Stock Plan Administrator

Mercury

15h

About The Position

Mercury is building a complete finance stack for startups. With an intelligent bank account powering their operations, founders and finance teams can efficiently store, manage, and move their funds while driving smarter business decisions. Our mission is to disrupt business banking by providing customers with a banking experience that is intuitive, enjoyable, and attuned to an entrepreneur’s need. As we continue towards this goal, we need sharp and curious minds to help shape our financial success. The Senior Stock Plan Administrator will be responsible for the end-to-end administration of Mercury’s global equity programs, including stock options and Restricted Stock Units (RSUs). This is a highly visible and critical role that requires deep expertise in equity plan management, a commitment to meticulous accuracy, and a strong understanding of compliance. The administrator will be the primary contact for all equity transaction processing, lead the migration and implementation of the equity administration platform, and ensure full compliance with global tax, regulatory, and SOX requirements. This role sits within Finance, working closely with Leadership, Legal, HR, and Payroll to manage and execute all aspects of the company's global equity compensation strategy. This role is essential in supporting employee understanding of their equity and partnering across the organization to maintain a world-class compensation program. Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.

Requirements

5+ years of experience in equity administration for a multi-national public or private company.
Deep knowledge of global equity compensation plans and related accounting, tax, and legal requirements, including ASC 718, 409A, and insider trading rules.
Proven experience with a major equity administration platform (e.g., Carta, Shareworks, ETRADE).
Experience managing the equity plan through various company stages, from fundraising to secondary market activities and IPO preparation.
Excellent analytical and problem-solving skills with meticulous attention to detail and accuracy.
Strong verbal and written communication skills for effective employee and cross-functional communication.
A Bachelor’s degree in Finance, Accounting, or a related field

Nice To Haves

Certified Equity Professional (CEP) designation is a plus

Responsibilities

Administer the company's equity programs, including stock options and Restricted Stock Units (RSUs)
Process all equity transactions accurately and on a timely basis, including grants, exercises, vesting, releases, forfeitures, and private market secondary sales.
Lead the implementation and migration of equity administration platform, including data validation, historical grant reconciliation, and coordination with internal stakeholders and vendors.
Ensure compliance with all internal controls, Sarbanes-Oxley (SOX) requirements, and other global regulatory and tax regulations related to equity.
Partner with Legal, HR, Finance, and Payroll teams on all equity-related matters
Preparing monthly and quarterly equity-related reports, expense schedules, and reconciliations, including stock-based compensation journal entries
Support employee understanding of equity programs through effective communication, education, and addressing inquiries.
Assist with year-end tax reporting (e.g., Forms 3921 and 1099-B) and related filings.