Job Board: Stock Plan Administrator Dallas, TX

Stock Plan Administrator

Stock Plan Administrator

Dallas, TX

 

Celanese
Corporation (NYSE: CE) is a global leader in the chemicals industry
making products essential to everyday living.  Its products, found in
consumer and industrial applications, are manufactured in North
America, Europe and Asia.  Celanese is one of the world’s largest
producers of acetyl products, which are intermediate chemicals for
nearly all major industries, as well as a leading global producer of
high performance engineered polymers that are used in a variety of
high-value, end-user applications.  As an industry leader, Celanese
holds geographically balanced global positions and participates in
diversified end-use markets.

 

Celanese
combines a demonstrated track record of execution, strong performance
built on shared principles and objectives and a clear focus on growth
and value creation.  Net sales totaled $6.4 billion in 2007, with
approximately 70% generated outside of North America.

 

Based
in Dallas, Texas, the company employs approximately 8,400 employees
worldwide and has four major businesses:  Acetyl Intermediates,
Advanced Engineered Materials, Consumer Specialties and Industrial
Specialties.

 

For more information on Celanese Corporation, please visit the company’s website at www.celanese.com.

 

Purpose and Summary of Position:

Reporting
to the Mgr. Global Benefits Strategy.  Responsible for performing
ongoing reporting, analysis, communication and administration of equity
plans and programs.

 

·        
Manage operational aspects of global stock plans (including an employee
stock purchase plan), as well as the relationship with the company’s
transfer agent and outsourced stock administration vendor.

·        
Administer the company’s deferred compensation program.  Work closely
with the Finance and Legal departments as well as an opportunity to
work with senior management.

·         Manage all daily operations of a global stock plan to include:
- Calculate awards
- Prepare, update and distribute award documentation; monitor grant agreement acceptance (either online, manual or both)
- Maintain accurate information regarding awards, forfeitures, vesting and distributions in stock administration system
- Ensure accuracy of data feeds from payroll/HRIS system to stock administration system
- Monitor compliance with share ownership guidelines
- Provide data on stock transactions for Proxy disclosure

·        
Manage relationship with transfer agent and outsourced stock
administration vendor. Serve as key member of the HR team implementing
stock administration system.

·         Liaise with finance, tax, payroll, treasury, SAP/HRIS, IT, legal, investor relations and other departments as needed.

·        
Ensure compliance with accounting and tax rules, and securities laws
for US and International employees, and employees on international
transfer assignments. Monitor changes in tax law and develop and
maintain a process for internationally mobile employees to ensure
withholding and reporting compliance in all tax jurisdictions.

·         Develop and maintain documentation of all company stock administration processes.

·        
Maintain accurate documentation regarding required approval of stock
awards as determined by the Compensation Committee of the Board of
Directors. Serve as primary contact for internal and external auditors
regarding the global stock plan and SOX controls.

·        
Administer non-employee director non-qualified deferred compensation
program. Ensure that initial enrollments, ongoing deferrals and
distributions are made in accordance with participant elections and in
compliance with Internal Revenue code Section 409A.

·        
Process payment of retainer and meeting fees for non-employee
directors. Coordinate with payroll to ensure distribution of annual
1099 forms.

·        
Work with legal department and outside counsel as needed to manage
compliance with insider trading policies and prepare transaction
reporting for Section 16 insiders.

·         Reconcile cash and shares related to stock plan transactions on a monthly, quarterly and annual basis.

·         Answer questions from employees regarding global stock plan and ESPP programs.

Required Knowledge/Skills/Abilities:

·         
5 - 7 years of experience administering global equity plans for a
medium to large publicly traded company with a Bachelors Degree in
Accounting, Finance or Human Resources, or equivalent experience
required.

·         
Strong understanding of the accounting, tax and legal requirements of
equity plans. Knowledge of FAS 123(R) and Internal Revenue Code Section
409A helpful; Section 16 reporting (Forms 3, 4, and 5) and Rule 144
transactions required.

·         
Detail-oriented, organized, able to multi-task and prioritize in
fast-paced environment, with exceptional time management skills.

·          Expert skills using stock administration software, Excel, and other Microsoft Office applications.

·          Ability to administer and interpret complex plan documents and programs

·          Experience complying with SOX requirements (writing narratives, maintaining controls, interacting with auditors).

·          Experience interacting with senior management and Board Members

·          Vendor management experience required. Prior experience implementing outsourcing of stock administration.

·          Exceptional verbal and written communication skills.

·          Creative problem solving skills, good judgment, and an ability to maintain confidentiality.

 

Desirable Knowledge/Skills/Abilities:

Certified Equity Professional (CEP) preferred.

·         Results Orientation
– Ability to succeed under the pressure and stress of deadlines. 
Focuses team on key metrics to deliver consistent, accurate, timely and
measurable results. 

·         Planning and Organizing
– Accurately forecasts future requirements consistent with corporate
goals; organizes and follows through to achieve goals including:
setting priorities, objectives and action plans; determining resource
needs and ensuring plans/budget integrity

·         Business Thinking – Understands
the business and anticipates the long-term implications of current
activities; interprets industry and market trends to respond
effectively to potential improvement opportunities.

·         Holding People Accountable
– Ability to communicate clearly what needs to be done, and sets clear
goals and standards to be achieved with the intent of the long-term
organizational good.

·         Relationship Management – Builds and maintains a network of contacts to achieve work related goals and to set expectations for service delivery.

·         Innovation
– Continually examines current state and, where appropriate, recommends
change.  Explores new ways for achieving business results; learns from
mistakes and encourages staff to do the same.

·         Manages Change –
Ability to appropriately manage change while helping others to
successfully enroll in the behaviors that will make a change successful.

·         Communication
– Demonstrates ability to effectively transfer thoughts, express ideas,
and propose compelling arguments through verbal and written
communication mediums in individual and group situations.

Team Building
– Selects and develops team members while establishing the conditions
for success, accountability, and means of staff to reach their full
potential.

 

Compensation and Benefits

 

Celanese Corporation offers a competitive compensation and benefits package.

For detailed information, please visit:

 

Celanese Rewards and Benefits

 

How to Apply:

 

Celanese Career Portal

 

Celanese is an Equal Opportunity Employer.

 

NO AGENCIES OR AGENCY PHONE CALLS PLEASE.