CoreWeave is the AI Hyperscaler™, delivering a cloud platform of cutting edge services powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with the most performant, efficient and resilient solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers covering every region of the US and across Europe. CoreWeave was ranked as one of the TIME100 most influential companies of 2024.
As the leader in the industry, we thrive in an environment where adaptability and resilience are key. Our culture offers career-defining opportunities for those who excel amid change and challenge. If you’re someone who thrives in a dynamic environment, enjoys solving complex problems, and is eager to make a significant impact, CoreWeave is the place for you. Join us, and be part of a team solving some of the most exciting challenges in the industry.
CoreWeave powers the creation and delivery of the intelligence that drives innovation. To learn more about our values, please visit our careers website.
About The Role
The Stock Administrator will manage and administer our company's equity programs. This role requires high accuracy, confidentiality, and a thorough understanding of equity compensation plans, compliance, and reporting requirements.
Equity Plan Administration
• Manage the day-to-day administration of the company’s equity plans, including incentive stock options (ISO’s), restricted stock units (RSUs), performance grants, and employee stock purchase plans (ESPP).
• Ensure compliance with company policies, accounting standards, and regulatory requirements.
General Equity Management
• Maintain accurate records of equity transactions, including equity fundraising, grants, exercises, and cancellations, and ensure the accuracy of Cap Tables.
• Serve as the primary point of contact for the company’s shareholder agreements relating to the transfer of equity.
• Manage the recordation of equity transfers on the company’s equity management platform and work closely with Legal to ensure compliance with relevant shareholder agreements.
Compliance and Reporting
• Prepare and file required documentation with regulatory bodies, ensuring all filings are accurate and timely.
• Serve as a subject matter expert of ASC718 and coordinate with internal and external auditors to provide necessary documentation and support during audits.
• Generate reports and analyses on equity compensation, including dilution, expense forecasting, and financial statement disclosures.
• Calculate quarterly and annual weighted average basic and diluted shares for EPS.
Employee Support
• Serve as the primary point of contact for employee inquiries related to equity compensation.
• Provide clear and accurate information to employees about their equity awards, including vesting schedules, tax implications, and transaction processes.
• Conduct training sessions and create educational materials to help employees understand their equity compensation.
System Implementation and Maintenance
• Led cross-functional teams to research the next stock administration system, managing the implementation and transition process.
• Maintain and update the equity administration system to ensure data integrity and accuracy.
Cross-Functional Collaboration
• Work closely with HR, Legal, Finance, Tax, and Payroll teams to ensure the seamless integration of equity administration with other business processes.
• Participate in the design and implementation of new equity programs and initiatives.
Qualifications
• Bachelor’s degree in finance, Accounting, or a related field.
• Eight plus years of experience in stock administration, equity compensation, or a related role.
• Strong understanding of equity compensation plans, including stock options, RSUs, and ESPP, performance grants
• Proficiency in equity administration software, such as E*TRADE, Fidelity, Shareworks, and other similar platforms, as well as Microsoft Office Suite, particularly Excel.
• Excellent organizational skills and attention to detail.
• Strong analytical and problem-solving abilities.
• Ability to handle confidential information with discretion.
• Excellent communication skills, both written and verbal.
• CEP (Certified Equity Professional) designation is a plus.
Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $125,000 to $150,000. Pay is based on several factors, including market location, and may vary depending on job-related knowledge, skills, and experience.
What We Offer
The range we’ve posted represents the typical compensation range for this role. To determine actual compensation, we review the market rate for each candidate which can include a variety of factors. These include qualifications, experience, interview performance, and location.
In addition to a competitive salary, we offer a variety of benefits to support your needs, inclu
Location: New York, NY
Posted: Oct. 17, 2024, 9:32 p.m.
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