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    Equity Administration and Payroll Manager - New York, United States - LEXEO Therapeutics

    LEXEO Therapeutics
    LEXEO Therapeutics New York, United States

    3 weeks ago

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    Description

    Job Description

    Job Description

    Role Summary

    The Equity Administration and Payroll Manager will be a key member of the Lexeo general and administrative team that will lead and scale our company's equity administration function. In this role, the incumbent is responsible for the day-to-day administration of the payroll and equity functions and will work closely with various internal and external partners, such as HR, accounting/finance, legal and related third-party vendors. The Equity Administration and Payroll Manager will be responsible for hands-on, end-to-end, administration of Lexeo's equity plans (including options, RSUs, ESPP and 10b5-1 plans) and payroll function.

    Location

    Our work culture is a hybrid model with days in the New York City office and days working from home. We welcome applications from candidates located across the Northeast and Mid-Atlantic. Remote work can be considered for exceptional candidates.

    Primary Responsibilities

    • Day-to-day administration of all aspects of Lexeo's equity compensation plans, including award issuance, data and insider trading management, participant onboarding and offboarding, interaction with the third-party equity platform provider/broker, and financial reporting support
    • Prepare and provide information to participants about vesting schedules, eligibility, and other processes by responding to specific questions, driving regular Q&A sessions and preparing training materials as needed
    • Monitor and facilitate data transfer between equity management system and payroll system to ensure proper payments and recording of taxable events
    • Identify, develop, and document end-to-end equity process improvements
    • Collaborate with Lexeo's accounting/finance, HR, and legal teams to develop and enhance equity compensation policies, plans, and procedures
    • Assist in the preparation of financial forecasts and budgets related to equity compensation
    • Ensure compliance with SOX requirements as they pertain to equity compensation
    • Provide supporting financial statement disclosures as required
    • Support the implementation of ESPP and 10b5-1 trading programs
    • Perform monthly, quarterly, and annual reconciliations of records between equity database and general ledger, HR payroll, board approvals, and tax reporting
    • In collaboration with HR and accounting, process semi-monthly payroll for employees accurately and in compliance with company policies and procedures
    • Stay abreast of changes in federal, state, and local tax laws and regulations and implement necessary updates to payroll and equity processes and systems to maintain compliance
    • Assist in the implementation of new HRIS or equity management software as necessary

    Required Skills & Qualifications

    • Bachelor's degree in finance, accounting, business administration, or a related field from an accredited college or university
    • Minimum of 5 years of equity administration and payroll experience
    • Experience working in a public company environment on payroll and equity taxation, reporting, and compliance
    • Deep knowledge of various equity instruments and trading plans, payroll processing, and related tax compliance and reporting
    • Certified Equity Professional (CEP) certification is preferred
    • Experience with equity plan administration systems and stock transfer agents
    • Ability to operate with discretion and confidentiality as well as exercise good judgment and integrity in day-to-day decisions


    Depending on qualifications and overall experience, base salary is likely to be $120,000 - $150,000 per year.

    Lexeo Therapeutics is an EEO employer committed to an exciting, diverse, and enriching work environment.

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