Head of Executive Compensation (Remote)
Mughal & McRae has been retained by one of South Florida's largest, and most recognizable public companies located in Miami, who is currently seeking a dynamic, progressive Head of Executive Compensation. The ideal candidate will be a highly polished, subject matter expert in corporate Executive Compensation, who is looking for an opportunity to join a high performing team. In return, the company is offering a highly competitive compensation package including Base + Excellent Bonus + Benefits. This is a fully remote opportunity. Responsibilities will include: Oversee the daily maintenance and administration of the Company's stock plan including data maintenance and management, reporting and analysis, grant and activity procedures, process and procedural improvements, vendor management and general customer service between plan participants, HR Business Partners, and corporate and segment finance teams. Manage activity related to grants of equity (compilation of grant awards, coordination with management compensation committee and processing). Manage transactional activity processes (vesting and exercises or cancellations) including review of global tax withholding requirements (in collaboration with payroll Global Tax, and external consultants), coordination of tax payments globally and post lapse activity and reconciliation. Manage equity plan administration related to plan detail updates. Review, update and prepare all data and monthly/quarterly financial reconciliations (grants, cancellations, vesting/exercises) related to equity needed by finance and accounting, as well as Board of Directors' meeting materials. Support Compensation Committee in the preparation of committee materials including detailed NEO pay analysis. Prepare CD&A documentation for proxy tables including 280-G and 162M calculations in coordinating with Tax, Legal and external accountants. Help with public disclosure documents (Form 4, Rule 144, administrative execution of 10b5-1 activities), compliance with the Company's Securities Trading Policy, facilitation of the Pre-clearance process (as applicable), and the creation of new and updates to existing award agreement documentation; Produce NEO tally sheets in coordination with external Compensation Consultant. Manage BOD compensation inquiries and process 1099s. Update the Company's Pay-for-Performance Program for NEO as directed by the Compensation Committee. Provide monthly and periodic reporting of LTCAP (grants, cancellations and payouts) to finance and accounting. Manage all aspects of LTCAP grants process related to preparation and presentation of data, and processing and communication of grant awards. Manages all aspects of LTCAP vestings including payroll instructions, communication to HRBPs and employees. Manage equity budget (per the Omnibus Plan) and LTCAP program and coordinate annual grant assumptions for company budget process. Act as primary point of contact for corporate accounting/finance and segment accounting/finance as it relates to any LTI programs recordkeeping inquiries. Act as point of contact for HR on LTI programs. Maintains and updates internal equity process documents and works with counterparts in other departments (Legal, Finance, Tax) to improve overall global LTI process and works with and responds to audit (internal and external) requests to ensure proper compliance with matters related to the LTI programs. Liaise with transfer agent and outsourced equity administrator on all stock plan administration matters including resolution of vendor/client or vendor/participant issues, fee payment, coordination and communication of plan parameter updates, or other vendor management matters. Requirements: Bachelor's degree required. Specialization in Finance, HR, Business Management, Organization Development preferred. Compensation certifications (CCP and/or CEP) preferred. 8+ years of relevant compensation experience in design and modeling working with forecasting software required. 5 years of relevant managerial experience required.