Expoint - all jobs in one place

The point where experts and best companies meet

Limitless High-tech career opportunities - Expoint

Western Digital Sr Manager Global Stock Administration 
United States, Ohio 
541933583

17.07.2024
Company Description

Today’s exceptional challenges require your unique skills. It’s You & Western Digital. Together, we’re the next BIG thing in data.

Job Description

As the Sr. Manager, Global Stock Plan Administration, you will serve as a functional expert for internal stakeholders (People Solutions (HR)/Compensation, Financial Reporting, Legal, Payroll, and Tax) on stock-based compensation matters and partner with these teams to identify, analyze and implement solutions in support of the company's equity compensation objectives. It's essential that the candidate possesses excellent communication and collaborative skills. Additionally, due to the need for high accuracy and compliance with reporting and regulatory agencies, the role requires a focus on innovation, scalability, transformation, continuous process improvement, and attention to detail

Essential Duties and Responsibilities

  • Manage the administration of company's stock incentive and employee stock purchase plans
  • Manage complete cycle and reconciliations for global equity activity including account creation and updates, grants, award releases, bi-annual ESPP purchases/enrollment, etc.
  • Ensure compliance with required U.S. federal, U.S. state and international reporting and regulations; monitor international regulatory and tax compliance. Prepare timely and accurate reporting and filings on the prescribed due dates
  • Partner with People Solutions (HR) and Compensation, Legal, Financial Reporting, Tax, HRIS, Global Mobility and Payroll to ensure accurate and compliant operations, reporting, processes and integrity of our stock incentive and employee stock purchase plans
  • Prepare and provide 1099-MISC reports for non-employee’s compensation income
  • Coordinate with external technology, consulting, transfer agent, and broker vendors
  • Provide equity award services and support to global plan participants through various means of outreach and education
  • Track and update holdings for compliance with the company’s executive and director stock ownership guidelines
  • Utilize previously acquired experience to become actively involved in day-to-day processes and procedures that meet audit standards in order to develop and maintain a plan for process improvements, including product and system enhancements and automation, vendor selection and management
  • Manage reporting of stock-based compensation for financial reporting purposes, including, timely information to Finance stakeholders; account and outstanding share reconciliations; interact with internal and external auditors in support of monthly and quarterly review and audits
  • Ensure compliance with Sarbanes-Oxley controls and initiatives
  • Provide timely and accurate reporting and review to support Annual Report and Proxy Statement (i.e., tables relating to equity compensation)
  • Ensure compliance with Section 16 reporting obligations including preparation and filing of SEC Forms 3, 4 and 5 via EDGAR
  • Manage China SAFE filing and compliance process, including preparation of quarterly China SAFE filings reconcile China SAFE bank account, and application reviews
  • Manage processes, filings and mailings in compliance with IRC § 6039
  • Manage year-end statement mailings to participants
  • Track and monitor share issuances under S-8 Registration statements
  • Assist with any equity processing relating to M&A and spinoff transactions
  • Manage processes related to and compliance of insider trading program and policies
  • Assist insiders with 10b5-1 planning
  • Provide support for ad-hoc reporting and analytics for stock-based compensation
  • Keep current with regulatory, legal and other developments (e.g., SEC, FASB, IRS and non-U.S. tax rules and regulations) affecting the treatment of equity compensation
  • Provide on-going direction and training
Qualifications
  • Strong knowledge and experience in global stock plan administration including securities, tax, financial reporting and accounting laws and regulations. Payroll knowledge and experience is a plus
  • Minimum of 8 years’ experience in global stock administration with a global, public company
  • Advance experience with Equity Edge Online
  • Proficient with MS Word, MS Excel and their functions
  • Ability to manage people, processes and systems to maximize effectiveness and potential
  • Advanced analytical ability, attention to detail and strong organizational skills; ability to identify issues and provide solutions
  • Understanding of entire equity process cycle including interdependencies between Stock Administration, Legal, Finance, Payroll, Tax and Human Resources
  • Certified Equity Professional (CEP) designation
  • Requires a Bachelor’s Degree or equivalent experience

Compensation & Benefits Details

  • An employee’s pay position within the salary range may be based on several factors including but not limited to (1) relevant education; qualifications; certifications; and experience; (2) skills, ability, knowledge of the job; (3) performance, contribution and results; (4) geographic location; (5) shift; (6) internal and external equity; and (7) business and organizational needs.
  • The salary range is what we believe to be the range of possible compensation for this role at the time of this posting. We may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in California, Colorado, New York or remote jobs that can be performed in California, Colorado and New York. This range may be modified in the future.
  • You will be eligible to participate in Western Digital’s Short-Term Incentive (STI) Plan, which provides incentive awards based on Company and individual performance. Depending on your role and your performance, you may be eligible to participate in our annual Long-Term Incentive (LTI) program, which consists of restricted stock units (RSUs) or cash equivalents, pursuant to the terms of the LTI plan. Please note that not all roles are eligible to participate in the LTI program, and not all roles are eligible for equity under the LTI plan. RSU awards are also available to eligible new hires, subject to Western Digital’s Standard Terms and Conditions for Restricted Stock Unit Awards.
  • We offer a comprehensive package of benefits including paid vacation time; paid sick leave; medical/dental/vision insurance; life, accident and disability insurance; tax-advantaged flexible spending and health savings accounts; employee assistance program; other voluntary benefit programs such as supplemental life and AD&D, legal plan, pet insurance, critical illness, accident and hospital indemnity; tuition reimbursement; transit; the Applause Program, employee stock purchase plan, and the Western Digital Savings 401(k) Plan.
  • Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.