Head of Executive Compensation (Remote)
Company: Mughal & McRae
Posted on: May 8, 2022
Mughal & McRae has been retained by one of South Florida's
largest, and most recognizable public companies located in Miami,
who is currently seeking a dynamic, progressive Head of Executive
Compensation. The ideal candidate will be a highly polished,
subject matter expert in corporate Executive Compensation, who is
looking for an opportunity to join a high performing team. In
return, the company is offering a highly competitive compensation
package including Base + Excellent Bonus + Benefits. This is a
fully remote opportunity.
Responsibilities will include:
Oversee the daily maintenance and administration of the Company's
stock plan including data maintenance and management, reporting and
analysis, grant and activity procedures, process and procedural
improvements, vendor management and general customer service
between plan participants, HR Business Partners, and corporate and
segment finance teams.
Manage activity related to grants of equity (compilation of grant
awards, coordination with management compensation committee and
processing). Manage transactional activity processes (vesting and
exercises or cancellations) including review of global tax
withholding requirements (in collaboration with payroll Global Tax,
and external consultants), coordination of tax payments globally
and post lapse activity and reconciliation.
Manage equity plan administration related to plan detail updates.
Review, update and prepare all data and monthly/quarterly financial
reconciliations (grants, cancellations, vesting/exercises) related
to equity needed by finance and accounting, as well as Board of
Directors' meeting materials.
Support Compensation Committee in the preparation of committee
materials including detailed NEO pay analysis. Prepare CD&A
documentation for proxy tables including 280-G and 162M
calculations in coordinating with Tax, Legal and external
accountants. Help with public disclosure documents (Form 4, Rule
144, administrative execution of 10b5-1 activities), compliance
with the Company's Securities Trading Policy, facilitation of the
Pre-clearance process (as applicable), and the creation of new and
updates to existing award agreement documentation; Produce NEO
tally sheets in coordination with external Compensation Consultant.
Manage BOD compensation inquiries and process 1099s. Update the
Company's Pay-for-Performance Program for NEO as directed by the
Provide monthly and periodic reporting of LTCAP (grants,
cancellations and payouts) to finance and accounting. Manage all
aspects of LTCAP grants process related to preparation and
presentation of data, and processing and communication of grant
awards. Manages all aspects of LTCAP vestings including payroll
instructions, communication to HRBPs and employees.
Manage equity budget (per the Omnibus Plan) and LTCAP program and
coordinate annual grant assumptions for company budget process.
Act as primary point of contact for corporate accounting/finance
and segment accounting/finance as it relates to any LTI programs
recordkeeping inquiries. Act as point of contact for HR on LTI
Maintains and updates internal equity process documents and works
with counterparts in other departments (Legal, Finance, Tax) to
improve overall global LTI process and works with and responds to
audit (internal and external) requests to ensure proper compliance
with matters related to the LTI programs.
Liaise with transfer agent and outsourced equity administrator on
all stock plan administration matters including resolution of
vendor/client or vendor/participant issues, fee payment,
coordination and communication of plan parameter updates, or other
vendor management matters.
Bachelor's degree required. Specialization in Finance, HR, Business
Management, Organization Development preferred.
Compensation certifications (CCP and/or CEP) preferred.
8+ years of relevant compensation experience in design and modeling
working with forecasting software required.
5 years of relevant managerial experience required.
Keywords: Mughal & McRae, Portland , Head of Executive Compensation (Remote), Accounting, Auditing , Portland, Maine
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