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Stock Administrator

2 months ago

Los Angeles, California, United States Block Full time

Company Description
Block is one company built from many blocks, all united by the same purpose of economic empowerment. The blocks that form our foundational teams - People, Finance, Counsel, Hardware, Information Security, Platform Infrastructure Engineering, and more - provide support and guidance at the corporate level. They work across business groups and around the globe, spanning time zones and disciplines to develop inclusive People policies, forecast finances, give legal counsel, safeguard systems, nurture new initiatives, and more. Every challenge creates possibilities, and we need different perspectives to see them all. Bring yours to Block.
Job Description
The stock administrator will be a key member to assist in leading and scaling Block's stock administration function as the Company grows globally. This position is remote with its headquarters based in Oakland, California. The successful candidate will be responsible for hands-on, end-to-end administration of the Company's equity plans (including equity grants, option exercises, broker transactions, cancellations and withholding tax calculations), in the U.S. and globally. You will report to our Global Head of Stock Administration.
You Will:

  • Support the Stock Administration team with the company's stock plans for all employees in the U.S. and globally, which includes working closely with the company's transfer agent and outside service providers
  • Provide a superior level of service and prioritizing and satisfying multiple requests from employees, management and others supporting employee understanding of stock plan services, enrollment and transactions.
  • Assist efforts to develop and scale the stock administration function, including evaluating stock plan services and software providers, implement best practices with controls, and automate routine work streams and paperwork processes to better enable efficient, accurate processing of stock administration matters and reports.
  • Partner effectively and proactively with human resources, legal, tax, payroll and accounting to implement equity compensation initiatives/matters.
  • Maintain recordkeeping of our equity data using Equity Edge Online and Computershare.
  • Prepare equity reports and assist in the review and reconciliation of equity information.
  • Maintain supporting documents for audit and support data requests.
  • Perform other duties and ad hoc requests as needed.

Qualifications

  • 3+ years of relevant experience in administration of global equity plans (Prefer a CEP designation - program underway or completed)
  • Bachelor's degree or equivalent experience in a related field
  • Eagerness to develop the skill-set required to administer equity plans and the various equity types, which includes working directly with major third-party equity software systems and brokerage firms
  • Ability to function in a confidential environment
  • Must have strong verbal, written and interpersonal communication and problem-solving skills; ability to communicate effectively with high-level executives and employees
  • Must demonstrate attention to detail, analytical abilities and consistent follow-through, including project management skills
  • Proven ability to partner with cross-functional teams, including legal, HR, tax, payroll, accounting and financial reporting
  • Passion for Block. Strong interest in technology / knowledge of the industry
  • Self-motivated, flexible, and have attention-to-detail, and able to complete tasks with minimal supervision
  • Team-oriented, dependable and flexible with high work ethic; able to maintain strict confidentiality and data privacy

Qualifications

  • 3+ years of relevant experience in administration of global equity plans (Prefer a CEP designation - program underway or completed)
  • Bachelor's degree or equivalent experience in a related field
  • Eagerness to develop the skill-set required to administer equity plans and the various equity types, which includes working directly with major third-party equity software systems and brokerage firms
  • Ability to function in a confidential environment
  • Must have strong verbal, written and interpersonal communication and problem-solving skills; ability to communicate effectively with high-level executives and employees
  • Must demonstrate attention to detail, analytical abilities and consistent follow-through, including project management skills
  • Proven ability to partner with cross-functional teams, including legal, HR, tax, payroll, accounting and financial reporting
  • Passion for Block. Strong interest in technology / knowledge of the industry
  • Self-motivated, flexible, and have attention-to-detail, and able to complete tasks with minimal supervision
  • Team-oriented, dependable and flexible with high work ethic; able to maintain strict confidentiality and data privacy