Equity Administration Manager

We are Rokt, a hyper-growth ecommerce leader. We enable companies to unlock value by making each transaction relevant at the moment that matters most when customers are buying. Together, Rokt's AI-based relevance Platform and scaled ecommerce Network powers billions of transactions. In December 2022, Rokt’s valuation increased to $2.4 billion USD, allowing us to expand rapidly across 15 countries. 

At Rokt, we practice transparency in career paths and compensation. At Rokt, we believe in transparency, which is why we have a well-defined career ladder with transparent compensation and clear career paths based on competency and ability. Rokt’stars constantly strive to raise the bar, pushing the envelope of what is possible.

We are looking for an Equity Administration Manager

Compensation: $146,000 - $166,000 salary, employee equity plan grant & world-class benefits.

We are looking for someone to own Rokt’s Equity Administration function. Rokt issues equity to all employees in the company and has done so since the company’s inception. Rokt’s equity incentive program includes various forms of awards, including incentive stock options, non-qualified stock options, RSUs, RSUs with loans, and performance based awards. While you will have direct ownership of the Shareworks equity platform and the administration of the awards, you will also work closely within a working group composed of our Legal and People teams to ensure alignment of our awards with our goals for our equity program.  We have historically used Carta, but are in the final stages of a transition to Shareworks as our equity management platform.

Requirements

About the role: 

• Own the Shareworks platform and equity administration function, providing a great Rokt’Star user experience and ensuring the timeliness and accuracy of all data. 
• Administer grants, exercises, cancellations, vesting pauses and adjustments in a timely and accurate manner. 
• Support  the process for grants, the Rokt Cap Table, annual refresh grant process and future liquidity events (potential secondary rounds, capital raisings, and IPO) by providing relevant information
• Manage questions from grantees, liaising with the People, Legal and Accounting team as needed.
• Assist with the development and delivery of employee education and communications regarding Rokt’s equity plans.  Coordinate with the Rokt Tax Team for a FAQ on tax considerations. 
• Work closely with the Accounting team which maintains the Shareworks accounting module to ensure information is accurate and timely to support recording stock-based compensation expense, financial statement disclosures and earnings per share calculations. Support annual audit activity.
• Partner with the People team to implement end-to-end processes and improvements to ensure compliance with Rokt’s Career Ladder and Employee Handbook.
• Collaborate with Rokt’s Legal to ensure award terms are accurately reflected in Shareworks.  In addition, provide Legal with information on shares available for grant under the various plans  to ensure the awards process functions efficiently. 
• Collaborate with the Payroll team to ensure equity transactions are reflected timely and accurately in accordance with tax regulations.   This includes reporting on earnings statements as well as annual tax filings, such as Form 3921 reporting for ISO exercises in the US. Support the preparation of similar reporting for Rokt’Stars in foreign countries. 
• Stay in touch with trends and developments in equity awards and socialize with the equity working group to ensure Rokt’s equity plans are competitive and attractive.

About you:

• 4+  years of experience in Equity Administration in a global business
• Experience with plans which offer a variety of awards, including both options,  and RSUs and performance based awards  programs
• 2+ years of eExperience using Shareworks, but experience with Carta or similar would suffice
• Familiarity with tax regulations in the US and foreign jurisdictionsfederal and state taxation relating to equity compensation
• Familiarity with international tax law relating to equity programs
• Bachelor's Degree in Finance, Accounting, Business, or a related field
• Ability to work in fast-paced teams and work cross-functionally with senior leadership in Finance, People, and Legal teams 
• Ability to explain numbers in easy-to-understand formats to employees and executives
• Strong project management/ownership skills and excellent attention to detail

About Rokt’stars:

As a mission-driven, hyper-growth community of curious explorers, our ambition is to unlock the full potential in ecommerce and beyond. Our bias for action means we are not afraid to quickly venture into uncharted territories, take risks or challenge the status quo; in doing so we either win or learn. We work together as one aligned team never letting egos get in the way of brilliant ideas. We value diversity, transparency and smart humble people who enjoy building a disruptive business together. We pride ourselves on being a force for good as we make the world better.

Benefits

About The Benefits:

We leverage best-in-class technology and market-leading innovation in AI and ML, with all of that being underlined by building and maintaining a fantastic and inclusive culture where people can be their authentic selves, and offering a great list of perks and benefits to go with it:

• Accelerate your career. We offer roadmaps to leadership and an annual $5000 training allowance
• Become a shareholder. Every Rokt’star gets equity in the company
• Enjoy catered lunch every day and healthy snacks in the office. Plus join the gymgym on us! 
• Access generous retirement plans like a 4% dollar-for-dollar 401K matching plan and get fully funded premium health insurance for your entire family! 
• Dog-friendly office 
• Extra leave (bonus annual leave, sabbatical leave etc.) 
• Work with the greatest talent in town
• See the world! We have offices in New York, Seattle, Sydney, Tokyo and London

We believe we’re better together. We love spending time together and are in the office most days (teams are in the office 4 days per week). We also get that you need to balance your life and your commitments so you have the flexibility to manage your own hours and can spend up to a week of every quarter working from anywhere.

If this sounds like a role you’d enjoy, apply here and you’ll hear from our recruiting team.