Netflix

Manager, Stock Operations

Netflix$200K — $300K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s Degree in Accounting, Finance, Economics, or equivalent experience.
  • 5+ years of relevant experience in equity administration and/or equity accounting, with a focus on direct equity administration.
  • Strong understanding of US GAAP accounting principles and equity valuation models.
  • In-depth knowledge of legal, tax compliance, and reporting requirements for domestic and international equity.
  • Experience with M&A transactions and their impacts on employee stock-related matters.
  • Proficiency in engaging with C-Suite executives and the Board of Directors.
  • Familiarity with Equity Edge Online; Workday experience is a plus.

Responsibilities

  • Facilitate Netflix's Stock Option Program, working closely with brokerage firms and legal partners.
  • Ensure compliance with global equity-related regulatory requirements.
  • Partner with tax teams on operationalizing tax and reporting for non-US stock grants.
  • Collaborate with technology teams to enhance workflows and compliance-related reporting.
  • Manage operational and compliance aspects of executive compensation plans.
  • Work with executives on the lifecycle management of their 10b5-1 plans.
  • Review statutory public filings and ensure accuracy before submission.

Benefits

  • Comprehensive health plans and mental health support.
  • 401(k) retirement plan with employer match.
  • Flexible Stock Option Program and disability programs.
  • Health Savings and Flexible Spending Accounts available.
  • Family-forming benefits and life/serious injury benefits.
  • Generous paid time off policies, including 35 days for full-time hourly employees.
Full Job Description
We are looking for an experienced Manager to join our global Stock Operations team. The ideal candidate has a strong background in equity administration and compliance, and can adapt to Netflix’s unique approaches to employee stock programs. This hire will have the opportunity to define the role’s scope and influence its long-term impact on the team. This role can be based in Los Gatos, CA, Los Angeles, CA, or New York, NY, with an expectation to be in the office Tues-Thurs.  Responsibilities: • Facilitate the administration of the Netflix Stock Option Program, including grants, exercises, and settlements of stock, working closely with internal and external partners such as brokerage firms, transfer agents, and legal counsel.   • Ensure compliance with equity-related regulatory requirements, including tax withholding and reporting, data privacy, and securities and labor laws, across Netflix entities worldwide.  • Partner with the Employment Tax and Mobility Tax teams to understand, document, and operationalize the tax and reporting requirements related to non-US stock grants and exercises. These include international and domestic transfers, short-term assignments, business travelers, and remote workers.  • Partner with internal technology teams to manage and design workflows and systems that maximize efficiencies in stock operations, ensure the integrity of data, and streamline reporting necessary for compliance and business decision-making.    • Partner with our Compensation team on all operational and compliance aspects of executive compensation plans, including RSUs and PSUs. • Work directly with executives and their brokers on executive 10b5-1 plans, during the full award lifecycle.  • Review first drafts of statutory public filings, including SEC filings, Forms 3, 4, and 5, and Proxy statements, 10-K, 8-K etc. • Become an expert in Netflix’s unique approach to offering employee equity and our Stock Operation program. Help design and lead the education of employees and stakeholders worldwide, throughout the employee lifecycle.   • Partner with cross-functional teams including Payroll, Finance & Accounting, Global Mobility, Talent Analytics, Employee Technology, Legal, Treasury, and Employee Services. Ensure critical requirements are considered and communicated early throughout cross-functional initiatives and a changing global regulatory landscape. • Provide coaching, feedback, and development for other members of the Stock Operations team. When needed, conduct the first-level review of work from other members of the Stock Operations team. • Monitor the evolving global regulatory landscape for employee stock rules and requirements, ensuring Netflix remains ahead of jurisdictional changes through proactive planning. • Execute equity-related workstreams during M&A transactions, during due diligence and integration phases. • Lead new country entries for stock operations, conducting feasibility assessments, and operationalizing complex local compliance and reporting requirements Qualifications: • Bachelor’s Degree in Accounting, Finance, Economics, or equivalent experience. • 5+ years of relevant experience in equity administration and/or equity accounting. We will prioritize caneidates will direct equity administration experience.   • Familiarity with US GAAP accounting principles and equity valuation models. • Strong knowledge of legal, tax compliance, and reporting requirements for domestic and international equity.  • Experience working on M&A transactions and employee stock-related impacts. • Thrive in a fast-paced environment, manage competing priorities, and navigate areas of uncertainty. • Able to work independently and effectively manage processes and innovation with cross-functional teams. • Strong executive presence and experience interacting with all levels of the company, including C-Suite and Board of Directors.  • Experience with Equity Edge Online is strongly preferred. Experience with Workday is a plus. • Certified Equity Professional accreditation (Level II) strongly preferred. Who you are: • You are passionate about providing extraordinary employee experiences. • You are highly curious, a quick learner, and able to manage highly impactful projects. • You proactively understand, adapt to, and improve company and team culture. • You take pride in creating simple, scalable administrative solutions and proactively drive automation. • You are data-driven and analytical. • You are a clear and proactive communicator. • You seamlessly switch between strategic oversight and tactical, hands-on work. • You thrive in ambiguity and can take smart risks. Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $200,000.00 - $300,000.00. Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more details about our Benefits here.

About Netflix

Netflix, Inc. is an American media company founded on August 29, 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, and currently based in Los Gatos, California, with production offices and stages at the Los Angeles-based Hollywood studios (formerly old Warner Brothers studios) and the Albuquerque Studios (formerly ABQ studios). It operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed from other production companies and distributors. Netflix is also the first streaming media company to be a member of the Motion Picture Association.
Learn more about Netflix
Size
11,300 employees
Market Cap
$127.6 billion
Industry
Net Income
$2.7 billion
Founded
1997
5 Year Trend
+27.5%
Revenue
$24.9 billion
NASDAQ

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