Stock Administrator

Job Description

CoreWeave is a leading AI HyperscalerTM, delivering a cloud platform of cutting-edge services powering the next wave of AI. The company's technology provides enterprises and leading AI labs with the most performant, efficient, and resilient solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers covering every region of the US and across Europe. CoreWeave was ranked as one of the TIME100 most influential companies of 2024.

We thrive in an environment where adaptability and resilience are key. Our culture offers career-defining opportunities for those who excel amid change and challenge. If you're someone who thrives in a dynamic environment, enjoys solving complex problems, and is eager to make a significant impact, CoreWeave is the place for you. Join us, and be part of a team solving some of the most exciting challenges in the industry.

CoreWeave powers the creation and delivery of the intelligence that drives innovation. To learn more about our values, please visit our careers website.

About the Role:

The Stock Administrator will manage and administer our company's equity programs. This role requires high accuracy, confidentiality, and a thorough understanding of equity compensation plans, compliance, and reporting requirements.

Key Responsibilities:

• Manage the day-to-day administration of the company's equity plans, including incentive stock options (ISO's), restricted stock units (RSUs), performance grants, and employee stock purchase plans (ESPP).
• Ensure compliance with company policies, accounting standards, and regulatory requirements.

General Equity Management:

• Maintain accurate records of equity transactions, including equity fundraising, grants, exercises, and cancellations, and ensure the accuracy of Cap Tables.
• Serve as the primary point of contact for the company's shareholder agreements relating to the transfer of equity.
• Manage the recordation of equity transfers on the company's equity management platform and work closely with Legal to ensure compliance with relevant shareholder agreements.

Compliance and Reporting:

• Prepare and file required documentation with regulatory bodies, ensuring all filings are accurate and timely.
• Serve as a subject matter expert of ASC718 and coordinate with internal and external auditors to provide necessary documentation and support during audits.
• Generate reports and analyses on equity compensation, including dilution, expense forecasting, and financial statement disclosures.
• Calculate quarterly and annual weighted average basic and diluted shares for EPS.

Employee Support:

• Serve as the primary point of contact for employee inquiries related to equity compensation.
• Provide clear and accurate information to employees about their equity awards, including vesting schedules, tax implications, and transaction processes.
• Conduct training sessions and create educational materials to help employees understand their equity compensation.

System Implementation and Maintenance:

• Led cross-functional teams to research the next stock administration system, managing the implementation and transition process.
• Maintain and update the equity administration system to ensure data integrity and accuracy.

Cross-Functional Collaboration:

• Work closely with HR, Legal, Finance, Tax, and Payroll teams to ensure the seamless integration of equity administration with other business processes.
• Participate in the design and implementation of new equity programs and initiatives.

Qualifications:

• Bachelor's degree in finance, Accounting, or a related field.
• Eight plus years of experience in stock administration, equity compensation, or a related role.
• Strong understanding of equity compensation plans, including stock options, RSUs, and ESPP, performance grants.
• Proficiency in equity administration software, such as E*TRADE, Fidelity, Shareworks, and other similar platforms, as well as Microsoft Office Suite, particularly Excel.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving abilities.
• Ability to handle confidential information with discretion.
• Excellent communication skills, both written and verbal.
• CEP (Certified Equity Professional) designation is a plus.

Compensation:

The base pay for this position ranges from $125,000 to $150,000. Pay is based on several factors, including market location, and may vary depending on job-related knowledge, skills, and experience.

What We Offer:

The range we've posted represents the typical compensation range for this role. To determine actual compensation, we review the market rate for each candidate which can include a variety of factors. These include qualifications, experience, interview performance, and location.

In addition to a competitive salary, we offer a variety of benefits to support your needs, including:

• Medical, dental, and vision insurance - 100% paid for by the employee
• Company-paid Life Insurance
• Voluntary supplemental life insurance
• Short and long-term disability insurance
• Flexible Spending Account
• Tuition Reimbursement
• Mental Wellness Benefits through Spring Health
• Family-Forming support provided by Carrot
• Paid Parental Leave
• Flexible, full-service childcare support with Kinside
• 401(k) with a generous employer match
• Flexible PTO
• Catered lunch each day in our office and data center locations
• A casual work environment
• A work culture focused on innovative disruption

Our Workplace

At CoreWeave, we are committed to operating as a hybrid workplace, offering employees flexibility in how they structure their time between in-office and remote work. We recognize the significance of fostering connections, collaboration, and creativity within our office culture and its positive impact on our business. Our philosophy operating as a hybrid workplace underscores our dedication to enabling employees to tailor work-life balance to their individual preferences.

For those who do not live within 30 miles of one of our offices, we are open to considering remote work for candidates whose skills and experience strongly align with the role. While we prioritize a hybrid work environment for most roles, we understand the importance of flexibility and are open to remote work for specific positions and specialized skill sets. Onboarding is essential to your success. New employees not based out of an office will be invited to attend onboarding training at one of our hubs within their first month of employment. We continue to foster a collaborative environment by bringing teams together quarterly.

California Consumer Privacy Act - California applicants only

CoreWeave is an equal opportunity employer, committed to fostering an inclusive and supportive workplace. All qualified applicants and candidates will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, or genetic information.

As part of this commitment and consistent with the Americans with Disabilities Act (ADA), CoreWeave will ensure that qualified applicants and candidates with disabilities are provided reasonable accommodations for the hiring process, unless such accommodation would cause an undue hardship. If reasonable accommodation is needed, please contact: careers@coreweave.com.

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