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Stock Administrator

3 months ago

Los Angeles, 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
Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate's starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $97,000 - USD $145,400
Zone B: USD $90,200 - USD $135,200
Zone C: USD $82,400 - USD $123,600
Zone D: USD $72,700 - USD $109,100

To find a location's zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information.

Full-time employee benefits include the following:
  • Healthcare coverage (Medical, Vision and Dental insurance)
  • Health Savings Account and Flexible Spending Account
  • Retirement Plans including company match
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance
  • Paid parental and caregiving leave
  • Paid time off (including 12 paid holidays)
  • Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees)
  • Learning and Development resources
  • Paid Life insurance, AD&D, and disability benefits

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

US and Canada EEOC Statement

We're working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class.

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we're doing to build a workplace that is fair and square? Check out our I+D page

Additionally, we consider qualified applicants with criminal histories for employment on our team, and always assess candidates on an individualized basis.

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

While there is no specific deadline to apply for this role, on average, U.S. open roles are posted for 70 days before being filled by a successful candidate.