Manager, Global Stock Administration
Location San Rafael, California Workstyle Hybrid ApplyMANAGER, GLOBAL STOCK ADMINISTRATION
By providing a foundation for all operations company wide, BioMarin’s General and Administrative teams support our mission of providing first and best in class therapeutics to patients who live with rare diseases. Our teams include groups such as finance, legal, human resources, corporate compliance and ethics, and information technology. Come join our team and make a meaningful impact on patients’ lives.
BACKGROUND
BioMarin Global Finance Operations and Reporting (GFOR) is growing rapidly with the overall company and developing into a leading edge global finance organization. BioMarin has over $1.5 billion of annual revenues and operations in over 40 countries that drive significant accounting, finance and information systems complexity. BioMarin has ambitious growth plans and has an enthusiastic global team that is eager to deliver world-class accounting and finance operations services to our stakeholders.
SUMMARY
Working in the BioMarin Finance Organization, this position will help in managing the Global Stock Administration operations for all BioMarin entities. The role reports into the Sr. Manager of Stock Administration in the Accounting Operations and Business Process Excellence team. It entails working cross-functionally to drive operational rigor, financial control, and end-to-end process excellence with our global partners in Finance (Payroll, Tax, Corporate Accounting, Technical Accounting, Treasury, Regional Finance Teams), HR, Legal, and Information Management.
KEY RESPONSIBILITIES
The Stock Administration Manager will join our Finance Team and perform the day-to-day stock administration related activities for Employee Stock Purchase Plans, Restricted and Performance Stock units, and Stock options globally. The ideal candidate will have excellent customer service and communication skills, a high level of accuracy, ability to focus on detail, strong technical skills, and be one who takes pride in producing high quality work. Besides the management of day-to-day Stock Administration activities, the manager will be charged with ensuring transactional accuracy and financial controls, employee customer service, continuous process improvement, and the diligent oversight of 3rd party platforms and services (i.e. Fidelity, Computershare, and Deloitte). Primary day-to-day responsibilities include:
- Maintain Stock Admin database and ensure accuracy at all times.
- Prepare and process ESPP, ISOs, RSUs, PSUs, grants, cancellations, and exercises and releases on a timely basis for all employees and other option and equity holders.
- Prepare and distribute option grants electronically.
- Prepare ad-hoc and/or quarterly equity reconciliations for Accounting, including diligent support for internal and external audit.
- Provide NQ, ISO, RSU tax reports to global payrolls and employees as needed.
- Generate reports to both internal and outside customers, including but not limited to participants' summary.
- Maintain trading blackout periods, pre-clearance, and enforcement of insider trading policy restrictions.
- Interact with transfer agent to resolve any processing issues and initiate ad-hoc DWAC for the non-qualified deferred compensation, “NQDC”, transactions.
- Act as main point of contact for employee questions on equity.
- Ensure that internal controls and procedures are followed to satisfy periodic review of compliance with Sarbanes-Oxley.
- Coordinate with HR business partner to drive and maintain the global mobility tracking program.
EXPERIENCE
Required Skills:
- Minimum 5 years of experience in stock administration reflecting increasing levels of responsibility and subject matter expertise, including at least 2 years management experience.
- Bachelor’s Degree in Accounting/Finance or similar preferred
- Candidate must have deep experience and knowledge with:
- Global and cross-functional environments.
- ESPP, Stock Options and RSUs
- SOX and internal controls for equity and stock based compensation
- Global equity taxation knowledge.
- Public company experience.
- Global mobility and mechanics of a global mobility tracking program.
- The ideal candidate will possess strong:
- Analytical skills, accuracy and attention to details required
- Written and verbal communication skills
- Willingness and ability to work hands-on, collaboratively and with a sense of urgency, in a fast-paced environment
- Affinity for process optimization, demonstrating a Continuous Improvement mindset for stock administrative processes
- Organization skills, ability to operate with complexity
- The candidate will have demonstrated the ability to:
- Work independently and effectively with a range of individuals.
- Maintain strict confidentiality of materials and information.
- Maintain a strong control environment in compliance with accounting policies, SOX, and standard operating procedures.
- Multi-task, prioritize, and work under tight deadlines.
- Effectively present and teach users and management on complex equity topics
- CEP candidate a plus
EDUCATION
Bachelor’s in Accounting, Finance, Business Administration or similar is desirable
CONTACTS
- Direct Management and Organization: Sr. Manager, Stock Administration; Accounting Operations & Business Process Excellence
- Primary: Employees, Finance (Payroll, Accounting, Tax, Treasury, PMO), HR, Legal, IM, transfer agent, outside tax advisor, captive and third-party brokerage firms
- Other: Internal/External Audit,
SHIFT DETAILS
Standard weekday shifts, roughly 8am to 5pm with a flexible lunch time.
ONSITE, REMOTE, OR FLEXIBLE
Flexible/hybrid work location, at least two days per week on-site in San Rafael, CA
Note: This description is not intended to be all-inclusive, or a limitation of the duties of the position. It is intended to describe the general nature of the job that may include other duties as assumed or assigned.
Equal Opportunity Employer/Veterans/Disabled
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Who We Are
BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.
Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.
Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.
About Corporate Groups
It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.
The salary range for this position is: $125,000 to $171,930. BioMarin considers a variety of factors when determining base compensation, including experience, qualifications, and geographic location. These considerations mean actual compensation will vary. This position may also be eligible for a discretionary annual bonus, discretionary stock-based long-term incentives (eligibility may vary based on role), paid time off, and a benefits package. Benefits include company-sponsored medical, dental, vision, and life insurance plans.BioMarin is a global biotechnology company that relentlessly pursues bold science to translate genetic discoveries into new medicines that advance the future of human health.
Since our founding in 1997, we have applied our scientific expertise in understanding the underlying causes of genetic conditions to create transformative medicines, using a number of treatment modalities.
Using our unparalleled expertise in genetics and molecular biology, we develop medicines for patients with significant unmet medical need. We enlist the best of the best – people with the right technical expertise and a relentless drive to solve real problems – and create an environment that empowers our teams to pursue bold, innovative science. With this distinctive approach to drug discovery, we’ve produced a diverse pipeline of commercial, clinical and preclinical candidates that have well-understood biology and provide an opportunity to be first-to-market or offer a substantial benefit over existing therapeutic options.
About Corporate Groups
It takes a village, and at BioMarin our corporate groups are the people behind our success. Groups such as IT, Finance, Legal, Global Compliance & Ethics, and our People Team provide foundational support of all areas of operation at BioMarin.
For additional benefits information, visit: https://careers.biomarin.com/benefits.
- Eligible employees may participate in benefit plans, subject to the terms and conditions of the applicable plans.