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

Lexeo Therapeutics

Verified Company

New York, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

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

Primary Responsibilities

Daytoday 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 thirdparty 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 endtoend 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 10b51 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 semimonthly 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 daytoday 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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