Hybrid Stock Operations Manager

at Netflix

• Job title: Stock Operations Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $200,000 - $300,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Los Gatos, United States

About the role

• Manager overseeing Netflix's Stock Operations team, facilitating equity administration and compliance. Partnering across functional teams to optimize processes and ensure legal compliance.

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.
• 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.
• Provide coaching, feedback, and development for other members of the Stock Operations team.

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics, or equivalent experience.
• 5+ years of relevant experience in equity administration and/or equity accounting.
• 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 Workday and Equity Edge Online is a plus.
• Certified Equity Professional accreditation preferred.

Benefits

• Health Plans
• Mental Health support
• 401(k) Retirement Plan with employer match
• Stock Option Program
• Disability Programs
• Health Savings and Flexible Spending Accounts
• Family-forming benefits
• Life and Serious Injury Benefits
• 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.