Manager, Stock Administration

At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.

Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!

ROLE OVERVIEW

The Equity and Compensation Manager will be responsible for administering the company Long-Term Incentive Plans, an annual stock award program with thousands of eligible participants.

In addition, the Equity & Compensation Manager will evaluate compensation benchmark data for executives and senior management and administer annual and long-term incentive plans. As the owner of all stock-based compensation, this role will play a key role in facilitating our equity plan, maintaining plan compliance, and will act in close partnership with internal departments and external partners.

COMPENSATION: $90,000 - 125,000/year

LOCATION: This position is fully remote and can be performed anywhere within the United States. Preference for Eastern time zone.

RESPONSIBILITIES

• Support the administration of compensation programs and initiatives which include base, annual incentive, and long-term incentive programs.

• Prepare deliverables for the compensation committee meetings and respond to ad-hoc requests from senior management.

• Forecast potential incentive compensation plan design financial impact.

• Stay abreast of the latest developments in the field of compensation management and maintain knowledge of Fair Labor Standards Act, Equal Pay Act, Securities and Exchange Commission regulations related to compensation to ensure compliance.

• Administer equity plans, including processing RSU and option grants, online grant process, exercises and releases, cancellations, and terminations.

• Maintain custom reports and perform complex reconciliations to review accuracy of equity and transaction data.

• In collaboration with accounting teams, conduct monthly, quarterly, and annual reconciliations of all equity-related transactions, including maintenance of the stock plan reserves.

• Assist with employee training on, and policies related to, the equity program.

• Respond to or direct inquiries and requests for information from executives, employees, investors, internal and external auditors, and regulators.

• Provide reports for audit, tax, and legal/regulatory filing purposes (including all aspects of financial reporting as it relates to equity plans, i.e. 10Q, 10K, and annual proxy).

• Ongoing process improvements complying with SOX control requirements.

SKILLS & EXPERIENCE

• Bachelor's degree required

• 4+ years of experience in an equivalent role

• Thorough understanding of short- and long-term incentive plans, concepts, and design

• Experience preparing Board and Compensation Committee materials

• In-depth practical knowledge of financial analysis techniques and methodologies

• Experience with a variety of stock plan products including Stock Options (ISO, NQSO, SAR), RSA, RSU, Performance Awards and ESPP plans

• Knowledge of ASC718 concepts (formerly FAS123R)

• Experience working directly with major third-party equity software systems and brokerage firms

• Advanced analytical ability and advanced Excel skills

• Attention to detail, strong organizational skills, and ability to prioritize and multitask in a fast-paced environment

• Excellent written, verbal, and interpersonal communication skills with an ability to communicate effectively with all levels of employees and internal/external partners.

• Qualified candidates must be legally authorized to be employed in the United States

• LifeStance is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status

• Demonstrates awareness, inclusivity, sensitivity, humility, and experience in working with individuals from diverse ethnic backgrounds, socioeconomic statuses, sexual orientations, gender identities, and other various aspects of culture

LifeStance is an equal opportunity employer. We celebrate diversity and are fully committed to creating an inclusive work environment for all our employees. Learn more about Diversity, Equity and Inclusion at LifeStance.

Benefits
As a full-time employee of LifeStance Health, the following benefits are offered: medical, dental, vision, AD&D, short and long-term disability, and life insurance. Additional benefits include a 401k retirement savings with employer match, paid parental leave, paid time off, holiday pay and an Employee Assistance Program.