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Full-Time

Manager – Equity Plan Administration

Confirmed live in the last 24 hours

Stitch Fix

Stitch Fix

1,001-5,000 employees

Personalized online styling and clothing delivery

Data & Analytics
Consulting
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

Series C

Total Funding

$81.3M

Headquarters

San Francisco, California

Founded

2011

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-6%

2 year growth

-16%
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Simplify's Take

What believers are saying

  • The company's focus on personalized styling and convenience appeals to high-value customers, potentially driving higher revenue per client.
  • Recent leadership appointments, including a new Chief People Officer, indicate a strong commitment to organizational transformation and employee engagement.
  • Innovative partnerships, such as the collaboration with Spotify for Style Tune Ups, showcase Stitch Fix's ability to integrate fashion with other lifestyle elements, enhancing its market appeal.

What critics are saying

  • A 16% year-over-year decline in net revenue and a 6% decrease in active clients highlight potential challenges in maintaining customer engagement and growth.
  • The need to continually innovate and personalize experiences requires significant investment in technology and talent, which could strain resources.

What makes Stitch Fix unique

  • Stitch Fix leverages advanced data algorithms and a team of stylists to offer highly personalized fashion recommendations, setting it apart from traditional retail models.
  • The combination of a subscription-based service with direct sales provides a unique business model that balances recurring revenue with flexibility for the customer.
  • Stitch Fix's extensive customer insights allow it to tailor experiences more precisely than many competitors, enhancing customer satisfaction and loyalty.