Equity Administration and Payroll Manager
2 weeks ago
**Role Summary**
The Equity Administration and Payroll Manager will be a key member of the Lexeo general and administrative team that will lead and scale our company’s equity administration function. In this role, the incumbent is responsible for the day-to-day administration of the payroll and equity functions and will work closely with various internal and external partners, such as HR, accounting/finance, legal and related third-party vendors. The Equity Administration and Payroll Manager will be responsible for hands-on, end-to-end, administration of Lexeo’s equity plans (including options, RSUs, ESPP and 10b5-1 plans) and payroll function.
**Location**
**Primary Responsibilities**
- Day-to-day administration of all aspects of Lexeo’s equity compensation plans, including award issuance, data and insider trading management, participant onboarding and offboarding, interaction with the third-party equity platform provider/broker, and financial reporting support
- Prepare and provide information to participants about vesting schedules, eligibility, and other processes by responding to specific questions, driving regular Q&A sessions and preparing training materials as needed
- Monitor and facilitate data transfer between equity management system and payroll system to ensure proper payments and recording of taxable events
- Identify, develop, and document end-to-end equity process improvements
- Collaborate with Lexeo’s accounting/finance, HR, and legal teams to develop and enhance equity compensation policies, plans, and procedures
- Assist in the preparation of financial forecasts and budgets related to equity compensation
- Ensure compliance with SOX requirements as they pertain to equity compensation
- Provide supporting financial statement disclosures as required
- Support the implementation of ESPP and 10b5-1 trading programs
- Perform monthly, quarterly, and annual reconciliations of records between equity database and general ledger, HR payroll, board approvals, and tax reporting
- In collaboration with HR and accounting, process semi-monthly payroll for employees accurately and in compliance with company policies and procedures
- Stay abreast of changes in federal, state, and local tax laws and regulations and implement necessary updates to payroll and equity processes and systems to maintain compliance
- Assist in the implementation of new HRIS or equity management software as necessary
**Required Skills & Qualifications**
- Bachelor's degree in finance, accounting, business administration, or a related field from an accredited college or university
- Minimum of 5 years of equity administration and payroll experience
- Experience working in a public company environment on payroll and equity taxation, reporting, and compliance
- Deep knowledge of various equity instruments and trading plans, payroll processing, and related tax compliance and reporting
- Certified Equity Professional (CEP) certification is preferred
- Experience with equity plan administration systems and stock transfer agents
- Ability to operate with discretion and confidentiality as well as exercise good judgment and integrity in day-to-day decisions
Depending on qualifications and overall experience, base salary is likely to be $120,000 - $150,000 per year.
Lexeo Therapeutics is an EEO employer committed to an exciting, diverse, and enriching work environment.
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