What are the responsibilities and job description for the Equity Administration position at TekOne IT Services Pvt. Ltd.?
Responsibilities
Assist with the administration of Equity, Investment, and Voluntary Deferred Compensation plans whose responsibilities include, but are not limited to:
Assist with the administration of Equity, Investment, and Voluntary Deferred Compensation plans whose responsibilities include, but are not limited to:
- Coordinate and manage new grants into the vendor online tracking systems Maintain the grants in the vendor tracking system through regular review and validation against internal systems
- Facilitate the monthly vesting of awards per appropriate vesting schedules, including liaising with our HR tax and payroll teams to ensure accurate taxation
- Validate, audit, and process new hires, terminations, and transfers to ensure proper treatment of deferred awards consistent with the terms of the plan any other plan documents such as award agreements
- Participate and deliver upon the annual major vesting event during the January year end cycle
- Work with our recruiting & compensation teams to advise on candidate deferred compensation proposals
- Review & value new hire documentation to present to our Management
- Development & Compensation Committee or their delegates for approval Complete post grant/distribution tasks including liaising with our Compensation Accounting department on unreconciled clearing account items
- Serve as a subject matter expert to internal clients related to our deferred compensation plans Co-manage team mailbox for internal queries
- Respond and resolve employee queries through internal ticketing system
- Suggest and help implement process improvements and best practices as appropriate
- Lead, participate and deliver upon department projects as required
- Bachelor degree required
- A minimum of 10 years’ experience in similar role required
- A high level of attention to detail
- A positive and 'can-do' attitude
- Risk Management experience required
- Teamwork including collaborating with remote team members Problem solving Desire and ability to provide outstanding service to internal clients
- Adaptability / Resilience Communicate with impact Proven ability to manage competing priorities and meet tight deadlines
- Ability to identify, analyze and develop improvements to processes and/or procedures
- Discretion in dealing with confidential information and prudence when interacting with senior level leaders
