Full-Time

Manager – Equity Plan Administration

Posted on 7/5/2024

Stitch Fix

Stitch Fix

1,001-5,000 employees

Personalized online clothing styling service

Data & Analytics
Consumer Goods

Compensation Overview

$152k - $164.5kAnnually

+ Restricted Stock Units

Senior, Expert

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Requirements
  • You have a Bachelor’s Degree, with at least 5+ years experience as an in-house stock administrator at a publicly traded company.
  • You have experience managing an equity administration system, such as Schwab.
  • You are a Certified Equity Professional (CEP), preferred.
  • You have strong organizational and communication skills, with the ability to set priorities, handle multiple tasks and projects, and track and follow up on projects.
  • You are a collaborative team player and have partnered with internal and external contacts at all levels.
  • You have the ability to work independently, shift focus, adapt to changing priorities, maintain patience in high pressure situations and take initiative where appropriate.
  • You have strong customer service focus and flexibility.
  • You have managed highly confidential information with professionalism and unquestionable integrity.
Responsibilities
  • Manage all aspects of Stitch Fix’s equity programs.
  • Manage all participant equity plan transactions (grants, exercises, terminations, leaves, etc.) and ensure that they are correctly processed by our equity systems vendor, which is currently Schwab.
  • Collaborate with cross-functional teams to develop and implement improvements and process changes to our equity programs and the stock administration function.
  • Work closely with outside service providers, including Schwab and Equiniti, our transfer agent.
  • Partner with our Accounting, Payroll, Finance, Legal, People & Culture and Compensation teams.
  • Provide analysis and modeling in collaboration with our Compensation team.
  • Drive communication to employees regarding equity awards programs, policies, and program changes.
  • Prepare Section 16 reporting and other SEC disclosures, support other reporting requirements.
  • Prepare and reconcile quarterly and ad-hoc custom reports on share plan activity; maintain company capitalization table.
  • Maintain supporting documents for internal/external SOX auditors and respond accurately, thoroughly and timely to requests for data.
  • Manage Company 10b5-1 plans, prepare legal opinions for transactions.
  • Manage the equity grant approval process with the CEO and Compensation Committee.
  • Monitor trading window dates and pre-clearance for stock trades for certain directors and officers.

Stitch Fix provides a personalized online styling service that uses data and algorithms to curate fashion selections for clients. Customers fill out a style profile detailing their size, preferences, and budget, and then receive a selection of clothing items shipped to their home. They only pay for what they keep, with a styling fee applied to purchases. The company aims to simplify shopping and expand its services, including direct buy options and international reach.

Company Stage

IPO

Total Funding

$46.3M

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for personalized shopping boosts Stitch Fix's AI-powered styling services.
  • Virtual try-on technology offers opportunities for enhancing Stitch Fix's platform.
  • AI for inventory management can optimize Stitch Fix's stock levels and reduce overproduction.

What critics are saying

  • Competitors' virtual try-on tech may diminish Stitch Fix's unique selling proposition.
  • Recent revenue decline indicates potential dissatisfaction with Stitch Fix's services.
  • New leadership roles during transformation may disrupt employee morale and productivity.

What makes Stitch Fix unique

  • Stitch Fix uses AI to deliver personalized fashion selections to clients.
  • The company combines subscription service with direct sales for a unique business model.
  • Stitch Fix offers a detailed style profile to tailor clothing recommendations.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

INACTIVE