Sr. Associate, Stock Plan Administrator

iHerb • Orange County

Company

iHerb

Location

Orange County

Type

Full Time

Job Description

Job Summary:

The Sr. Associate, Stock Plan Administrator will be a key member of the iHerb Human Resources team who will be leading and scaling our company’s stock administration function as we grow globally. In this role, you will be responsible for hands-on, end-to-end administration of iHerb’s global equity plans (including but not limited to phantom shares, RSUs and potentially ESPP). The administrator must be exceptionally organized, responsible, detail-oriented and resourceful.


Job Expectations:

  • Administer the company’s equity plans for all employees in the U.S. and globally.
  • Manage daily operational tasks, cross-functional reporting, and projects.
  • Maintain and evaluate the company's equity database and be the main point of contact with the equity management platform.
  • Assist with the processing of transactions, the preparation and processing of equity awards, vesting, and release of restricted stock units.
  • Prepare and process restricted stock unit grants, cancellations, and exercises and releases on a timely basis for all employees and other option and equity holders.
  • Support employee understanding of equity awards and company programs and policies.
  • Provide a superior level of customer service to employees, management, and others.
  • Coordinate Board of Directors grants, tax reporting and equity compensation communications
  • Prepare annual equity statements in the U.S. and employer filings and all government mandated reporting in the U.S. and globally.
  • Liaise with other departments, including Compensation, HR, Accounting, Finance, Payroll, Tax and Legal to ensure key stakeholders are informed and aligned as appropriate.
  • Develop, implement and document procedures to administer international Equity Plans focusing on, accuracy, customer service, efficiency, controls, and best use of available technology, while meeting the company's fiduciary responsibility and goals
  • Maintain current knowledge of global rules and regulations governing the Plans (for example, ERISA, IRS, SEC, local security and tax regulations etc.). Analyze effect of ongoing regulation changes, policy changes and prevailing practices among similar organizations on Equity Plans
  • Manage and run the equity administration of special transactions such as tender offers and secondaries. 
  • Interpret equity plan documentation and policies to assist in resolving employee issues.
  • Maintain supporting documents for internal/external SOX auditors and respond accurately, thoroughly and timely to requests for data.
  • Act as the main point of contact for employee questions on equity. 
  • Support employee understanding of equity awards and company programs and policies and provide live and recorded presentations to new and existing employees.
  • Perform other duties and ad hoc projects as requested.


Knowledge, Skills and Abilities:

  • Experience with online equity management platforms
  • Knowledge of regulatory and compliance matters related to equity and taxation 
  • Strong verbal, written and interpersonal communication skills with an ability to communicate effectively with all levels of employees and internal/external partners.
  • Must demonstrate attention to detail, analytical abilities, and consistent follow-through, including project management skills
  • Ability to resolve simple and complex equity-related issues
  • Ability to work in a fast-pace environment and meet critical deadlines


Experience Requirements:

Generally requires a minimum of 5-7 years experience in stock administration.


Education Requirements:

Bachelor’s Degree in Accounting, Finance, or equivalent work experience required. Active CPA or CEP license preferred, but not required.


#LI-ME1



The anticipated pay scale for this position can be found below, however the pay range applicable to you may vary by geographic location based on where the job is located or where you work.  The final pay offered to a successful candidate will be dependent on several factors that may include but are not limited to the type and years of experience within the job, the type of years and experience within the industry, education, etc.  iHerb, LLC is a multi-state employer and this pay scale may not reflect positions that work in other states or locations.
Employees (and their families) that meet eligibility criteria as outlined in applicable plan documents are eligible to participate in our medical, dental, vision, and basic life insurance programs and may enroll in our company’s 401(k) plan. Employees will also be eligible for Time Off and Paid Sick Leave pursuant to the company’s policies. Employees will enjoy paid holidays throughout the calendar year.  Eligibility requirements for these benefits will be controlled by applicable plan documents.

Hired applicant may be awarded Restrict Stock Units and receive annual bonuses pursuant to eligibility and performance criteria defined in the respective plan documents and policies.

 

For more information on iHerb benefits, visit us at iHerbBenefits.com.

Anticipated Pay Scale:

$132,000—$205,622 USD

Staffing Agency Submission Notice
iHerb does not accept unsolicited 3rd party ("Agency") candidates. If you are an Agency, please send any requests to be considered as a supplier in our Vendor Management System to [email protected]. Do not contact iHerb employees directly. If requested to work on a role, any Agency candidates would be presented through the internal recruiting organization.

About iHerb
iHerb is on a mission to make health and wellness accessible to all. We offer Earth’s best-curated selection of health and wellness products, at the best possible value, delivered with the most convenient experience.
We’re the world’s largest eCommerce platform dedicated to vitamins, minerals, and supplements, and other health and wellness products. For more than 25 years, we’ve been making it simple for people all over the world to purchase the highest quality products. From supplements to skincare to grocery items, we ship over 30,000 products, from over 1,200 brands direct to our customers in 185+ countries.
Our vision is to become the #1 destination for health and wellness across the world.
With a passion for wellness and a mind for innovative solutions, iHerb team members share a vision for a healthier world that drives them each day. Our 5 Shared Values unite our global team:

Focus on the Customer · Empower Our People · Be Entrepreneurial & Pivot Quickly ·
Embrace Diversity & Inclusion · Strive for Simplicity

iHerb Benefits
At iHerb, we are dedicated to offering programs designed to help our employees and their families stay healthy, live well, and plan for their financial future. Built on a strong foundation, our programs provide options and upgrades with flexibility, protection, and security in mind. For the comprehensive benefits list, visit www.iHerbBenefits.com. For our international team members, you may be eligible for benefits depending on the country where you are employed. The Talent Acquisition Partner/local HR representative will go over the benefits you are eligible for. 

iHerb is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. iHerb provides equal employment opportunities to all applicants for employment and prohibits discrimination and harassment.

Apply Now

Date Posted

03/16/2024

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