Stock Plan Administrator – Santa Monica, California Job at Universal Music Group
We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
How we LEAD:
Universal Music Group is seeking a Stock Plan Administrator who will be responsible for end-to-end administration of the Company’s international equity program and employee stock purchase plan, partnering with Finance, Tax, Payroll, Human Resources, Legal and third-party agents to ensure compliance with governing stock plan documents and internal processes along with state, federal and foreign regulations and securities laws. The Stock Plan Administrator will also assist with various ad-hoc equity-related projects as needed.
The ideal candidate will provide a superior level of customer service with a high level of accuracy, ability to focus on detail, and is a person who takes pride in delivering high quality work on a timely basis. This position will report to the Vice President, US and Executive Compensation.
This position will be primarily remote-based from any US location.
How you'll CREATE:
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Administer the Company’s international equity program and employee stock purchase plans, processing transactions in compliance with governing stock plan documents and internal processes along with state, federal and foreign regulations and securities laws;
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Develop and deliver timely documentation and communications related to stock awards;
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Work with payroll and tax to ensure compliance for all equity related tax requirements;
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Work closely with the human resource business partners to monitor all cross-border movement for equity and tax implications and take appropriate actions;
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Maintain all participant and equity award related data in a third-party database and periodically validate accuracy of database information;
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Generate and review for accuracy, recurring and ad-hoc reports for Finance, Accounting, Payroll, Human Resources, Internal Audit and Legal teams for purposes of but not limited to stock ownership, financial, and other shareholder disclosures;
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Maintain proper documentation of equity-related policies, procedures and controls;
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Serve as primary contact for audit requests associated with stock plan administration;
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Manage and track 10b5-1 plans;
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Manage company blackouts;
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Reconcile the shares authorized, issued, and outstanding throughout the year;
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Serve as primary liaison with the Company’s brokerage firm to maintain employee equity accounts;
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Support employee understanding of and answer questions on equity awards and stock accounts; in doing so, develop, maintain, and deliver educational materials and customized resources on the Company’s intranet site;
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Provide excellent customer service while prioritizing and satisfying multiple questions and requests from partners, senior management and others supporting the understanding of stock plan services, overall plan design and individual transactions;
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Keep up to date on current legislative developments and adjust administration process as needed;
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Assist with special projects and transactions as assigned.
Bring your VIBE:
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Deep knowledge of and passion for Music industry and cultural trends
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Passion for record consumption data and the ability to scout using various social networking sites
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Strong analytical skills
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Strong communication skills
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Strong presentation skills
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Self-starter mentality and drive
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Requires occasional travel
Perks Playlist:
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Be part of an entrepreneurial, global organization that values authenticity, drive, creativity, relationships, and a competitive spirit
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Comprehensive medical, dental, vision, and FSA options, as well as:
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100% coverage for out-patient mental health services
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Wellbeing reimbursements for fitness classes, spa treatments, meal services, travel, and so much more (up to $720/year)
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A lifetime fertility support allowance of $30,000 to plan participants
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Student Loan Repayment Assistance and Tuition Reimbursement
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100% immediately vested 401(k) match on the first 5% of your contribution on eligible compensation
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Variety of ways to prioritize much-needed time away from work including:
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Flexible Paid Time Off (PTO) for exempt employees
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3-weeks PTO for non-exempt employees
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2-weeks paid Winter Break
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10 Paid Holidays (including Juneteenth and Wellbeing Day)
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Summer Fridays (between Memorial Day and Labor Day)
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Generous paid parental leave for every type of parent
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Disclaimer: This job description only provides an overview of job responsibilities that are subject to change.
All UMG employees are currently required to be fully vaccinated against COVID-19 or provide proof of a negative PCR or Antigen test before entering any Company offices unless they have been approved for an exemption or unless prohibited by applicable law.
Universal Music Group is an Equal Opportunity Employer
We are an E-Verify employer.
For more information, please click on the following links.
E-Verify Participation Poster:
English / Spanish
E-Verify Right to Work Poster:
English
|
Spanish
Job Category:
Salary Range:
$96,000 - $146,960
The actual base salary offered depends on a variety of factors, which may include, as applicable, the qualifications of the individual applicant for the position, years of relevant experience, specific and unique skills, level of education attained, certifications or other professional licenses held, and the location in which the applicant lives and/or from which they will be performing the job. All candidates are encouraged to apply.
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