Stock Plan Manager

Monolithic Power Systems•San Jose, CA

About The Position

Monolithic Power Systems, Inc. is seeking a Stock Plan Manager to join its growing global Legal team. The role administers the Company’s domestic and international equity plans, processing and recording stock-plan activity accurately and on time. The manager will work closely with executives and Board members on their individual stock plans, sales, and reporting, and will interact with accounting, tax, payroll, legal, brokerage firms, the transfer agent, and other internal and external partners. The position reports to the Director of Reporting and Compliance, with a dotted-line reporting relationship to the General Counsel. Prior stock compensation accounting and/or SEC reporting experience is desired but not required; training is available for a candidate willing to learn and grow.

Requirements

  • BA/BS degree.
  • At least seven years of stock administration experience with a multinational publicly traded company that has performance awards.
  • Experience administering complex performance-based grants and award-related dividends.
  • Experience managing international employees and complying with their reporting requirements.
  • Ability to research complex stock administration issues and work with functions such as ETRADE, Accounting, Payroll, and Outside Counsel to resolve them.
  • Advanced Excel proficiency, including vLookup and macros.
  • Strong analytical, organizational, written, and interpersonal skills, including effective communication with employees, senior management, and internal and external partners.
  • Ability to manage multiple tasks and meet deadlines while maintaining attention to detail.
  • Strong work ethic and ability to work independently.
  • Positive attitude and ability to work with others to implement effective solutions.
  • Willingness to take a hands-on approach and ability to manage staff and consultants.

Nice To Haves

  • Knowledge of accounting rules related to stock-based compensation.
  • Prior experience and knowledge in stock compensation accounting and/or SEC reporting.

Responsibilities

  • Administer the Company’s global equity incentive and employee stock purchase plans.
  • Coordinate with accounting, tax, payroll, and legal teams on processes and procedures for complex equity programs.
  • Research U.S. and international reporting requirements and implement policies and processes to comply with applicable jurisdictional rules.
  • Manage the Insider Trading Policy, open trading windows, and the 10b5-1 program.
  • Maintain the Equity Edge Online database and ensure data integrity.
  • Process RSU and Performance Award grants, daily RSU/PSU releases, and grant agreements for domestic and international participants.
  • Process employee new hires and terminations.
  • Process semi-annual ESPP purchases, including international purchases.
  • Ensure accurate and timely SEC Section 16 filings (Forms 3, 4, and 5) related to performance-based awards.
  • Prepare DWAC reports for RSU transactions.
  • Serve as primary liaison with brokerage firms and the transfer agent to maintain employee equity accounts.
  • Partner with Payroll on taxation and recording of RSU releases and ESPP dispositions, as well as quarterly reconciliations.
  • Assist Finance with accounting, payroll, reconciliations, SOX testing, and the year-end audit.
  • Respond to employee questions about RSUs, ESPP, Rule 10b5-1, and ETrade matters, and provide training as needed.
  • Administer the Company’s China SAFE proceeds process.
  • Work with internal and external resources to complete year-end tax requirements for Section 6039 Forms 3921 and 3922.
  • Manage staff and consultants.

Benefits

  • Health care coverage
  • Dental insurance
  • Vision insurance
  • Life and disability protection
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