Posted in

Director – Stock Operations – Finance, Strategy, And Accounting – Streaming

Director – Stock Operations – Finance, Strategy, And Accounting – Streaming

CompanyNetflix
LocationLos Angeles, CA, USA
Salary$310000 – $830000
TypeFull-Time
Degrees
Experience LevelExpert or higher

Requirements

  • 10+ years of relevant experience in global equity administration with a variety of equity program types, with proven team leadership experience.
  • Working understanding of US GAAP accounting principles, IRC section 409A, and equity valuation models.
  • Strong knowledge of domestic and international equity legal and tax compliance and reporting requirements.
  • Able to function in a fast-paced environment, manage competing priorities, and navigate areas of uncertainty.
  • Able to work independently, and effectively manage people and processes.
  • Customer-focused mindset, with an adaptable working style to build strong and trusted relationships at every level of the company up to C-suite and Board of Directors.
  • Experience with Workday, Etrade, and Equity Edge Online.

Responsibilities

  • Lead and coach the global Stock Operations team to continue to meet the evolving needs of Netflix and our increasingly diverse workforce.
  • Oversee the administration of the Netflix Stock Option Program (SOP) including grants, exercises, facilitating accurate and timely payroll reporting/withholding, and settlements of stock, working closely with internal and external partners such as accounting, payroll, legal counsel, brokerage firms, transfer agents, and our employees.
  • Oversee the administration of Netflix’s NEO equity compensation plans, including the full life cycles of RSU and PSU awards.
  • Ensure compliance with equity-related regulatory requirements, such as tax withholding and reporting, data privacy, and securities and labor law, across Netflix entities worldwide.
  • Understand, maintain documentation, and operationalize the tax and reporting requirements related to non-US stock grants and exercises including international and domestic transfers, short-term assignments, business travelers, and remote workers.
  • Manage and design workflows and systems that maximize efficiencies in stock operations, ensure data integrity, and streamline reporting, which is necessary for compliance and business decision-making.
  • Own all elements of the employee education program around our equity programs, including annual enrollment and new hire onboarding.
  • Partner with cross-functional teams, including Employment Tax, Payroll, Finance & Accounting, Compensation, Global Mobility, Talent Analytics, Employee Technology, Legal, Treasury, and Employee Services, with a proactive focus on ensuring critical stock program requirements are considered early and often throughout cross-functional initiatives.
  • Oversee the 10b5-1 Trading Program(s) and serve as a focal point between the participants, brokers, and Legal to ensure final execution and compliance.
  • Serve as the primary point of contact for Section 16 officers and directors to support SEC reporting and compliance, including Edgar Next onboarding and the filing of Forms 3, 4, and 5.
  • Provide subject matter expertise input to Netflix’s continued evolution of equity programs as we grow as a company.
  • Responsible for SOX controls, narrative, and Bi-annual walkthroughs to ensure accurate and timely processing of equity awards.
  • Own our 3rd party advisor/vendor relationships, including law firms and brokers.

Preferred Qualifications

  • Certified Equity Professional accreditation is preferred.