Stock Administration Consultant
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Job Description:
Consultant, Stock Administration
Parsons is looking for a Stock Administration Consultant to join our team! In this role you will get to be influential and responsible for providing key operational support for Parsons’ stock programs, including stock grants and the Employee Stock Purchase Program, and serve as the subject matter expert in matters of significance as stock administrator. This role will assist in program communication, education and training. This role provides internal analytical expertise related to the compensation function, with an emphasis on stock programs.
This position is remote/virtual office and can be based anywhere in the US.
What You’ll Be Doing
Administer the company's stock programs, respond to employee inquiries and ensure all equity transactions are accurately processed and settled in a timely manner, in accordance with the Equity Plan Document, insider trading windows and SOX requirements.
Prepare and process new equity awards and grant agreements, exercises, cancellations, and releases on a timely basis for all employees and other equity holders.
Liaise with appropriate internal and external partners to ensure applicable withholding rules related to equity vesting and exercises and to ensure accurate and timely tax withholding calculation and transfer of taxes withheld on equity to Payroll, and appropriate tax authorities.
Responsible for administrating Parsons’ Employee Stock Purchase Plan, which includes two yearly open enrollment periods prior to the start of each six-month purchase period.
Maintain the daily record keeping and integrity of equity data in the Company’s online equity platform.
Facilitate equity award activities with transfer agent, brokers and equity administration service provider to ensure timely settlement.
Reconcile transactions, termination dates and tax withholding and other items as required.
Collaborate and coordinate with Finance, Tax, Payroll, Legal and Human Resources to effect transaction processing and ensure seamless administration and compliance.
Prepare and reconcile recurring and ad-hoc reports for Finance, Payroll, Legal, and Human Resources, pertaining to:
- Support of monthly close
- Payroll related reporting and reconciliation
- Tax reporting
- Compilation of data for equity-related disclosures of the company’s 10Qs, 10Ks and Proxy statement
- SOX compliance, internal audits and various external audits
Perform quarterly and annual ISO disqualifying disposition reporting, as applicable
Maintain vendor relationships with Morgan Stanley, the equity administration service provider, and any equity related third-party vendors.
Adhere to all SOX and other established controls, reviewing and recommending updates to controls as needed.
What Required Skills You’ll Bring
Bachelors’ degree or equivalent in Business, Finance or Accounting preferred.
8+ years of progressive advanced professional experience in stock plan administration or related compensation administration.
Advanced experience with equity-based compensation, including restricted stock units and/or performance-based equity awards and stock options
Experience working with Morgan Stanley at Work / Shareworks, or another comparable equity administration tool.
Advanced skills in Microsoft Office, specifically excel (using formulas, v-look-ups, if statements, pivot tables, and working with large amounts of data).
What Desired Skills You’ll Bring
Certified Equity Professional (CEP) preferred.
Experience with Workday Advance Compensation (or other HCM) preferred.
Minimum Clearance Required to Start:
Not Applicable/NoneThis position is part of our Corporate team.We’re driving the future of the national security and critical infrastructure markets. Our employees work in a close-knit team environment to find new, innovative ways to deliver smart solutions that are used and valued by customers around the world. By combining unique technologies with deep domain expertise across cybersecurity, missile defense, space, connected infrastructure, transportation, smart cities, and more, we're providing tomorrow's solutions today.Salary Range:
$83,300.00 - $145,800.00We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!This position will be posted for a minimum of 3 days and will continue to be posted for an average of 30 days until a qualified applicant is selected or the position has been cancelled.Parsons is an equal opportunity employer committed to diversity, equity, inclusion, and accessibility in the workplace. Diversity is ingrained in who we are, how we do business, and is one of our company’s core values. Parsons equally employs representation at all job levels for minority, female, disabled, protected veteran and LGBTQ+.We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!COMPETITIVE BENEFIT OFFERINGS
Financial Wellness
We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.
Work Life Harmony
Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.
Career Development
We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.
Veteran Support
We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.
Mind & Body
At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.
Health
Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.
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