at Incyte Corporation in Wilmington, Delaware, United States
Incyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development excellence to improve the lives of patients, make a difference in health care, and build sustainable value.
The Company strives to discover and develop first-in-class and best-in-class medicines-advancing a diverse portfolio of large and small molecules.
Job Summary (Primary function)
The Sr Mgr, Global Stock Plans manages the administration and compliance of Incyte's global equity programs - stock options, restricted stock units, employee stock purchase plan (ESPP), and other performance-based equity programs. Responsibilities include administration of ongoing and new hire stock grants, data maintenance, reporting, communication and education related to stock programs. The position will also support special projects related to stock and ESPP.
Essential Functions of the Job (Key responsibilities)
Manages global stock plan administration including ongoing and new hire stock grants, RSU releases, option exercises and performance awards.
Manages global ESPP administration including enrollments, auditing contributions and reporting, purchase of shares and withdrawals.
Develops and conducts employee trainings on the Company's equity programs including collaborating with E-trade.
Partners with Finance and global payroll to provide necessary reporting in support of expensing, financial reporting, annual proxy disclosure and payroll reporting/processing.
Manages the trading blackout schedule and any special blackouts in accordance with the company Insider Trading policy.
Creates, maintains and updates process documents and annual stock calendar to ensure efficiency and accuracy of equity programs.
Ensures data integrity of the stock database including new participants, terminations and grants.
Partner with Legal and Finance to ensure compliance with regulatory, internal and Section 16 external reporting and requirements for equity plans and disclosures.
Assists with the generation and review of equity reports to support timely SEC filings including Form 10-Q, 10-K and Proxy statements; and ad-hoc reports.
Prepares and manages Section 16 filings of forms 3, 4 and 5 for executive officers and board members.
Supports the financial monthly close and helps to support the broader Accounting and Finance team as needed.
Monitors developments and changes in laws affecting stock compensation domestically and internationally and partners with Legal to ensure on-going compliance.
Qualifications (Minimal acceptable level of education, work experience, and competency)
Bachelor's degree in Accounting, Finance or HR.
Minimum of 9 years of equity compensation experience related to stock option, RSU and ESPP at a public company. Experience in the Pharmaceutical industry is preferred.
Certified Equity Professional (CEP) or similar certification preferred
Demonstrated knowledge of Section 16 (Forms 3, 4, and 5) filings, 10b5-1 Plans and stock ownership guidelines for Section 16 officers and Directors
Experience in managing and monitoring compliance in the U.S. required including US GAAP accounting standards related to equity compensation (ASC 718). Experience with international equity programs desired.
Strong working knowledge of Equity Edge Online preferred, Microsoft Office, including strong Excel and PowerPoint skills.
Strong knowledgeable of federal and state taxation relating to equity compensation
Excellent verbal and written communication skills. Strong organizational skills.
Must be self-motivated, flexible, deadline-oriented and able to complete tasks with minimal supervision.
Disclaimer: The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and qualifications. Management reserves the right to change or modify such duties as required.
Incyte Corporation is committed to creating a diverse environment and is proud to be an equal opportunity employer.
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We appreciate, celebrate, and thrive on one another’s differences and strengths and are proud to be an Equal Opportunity Employer. By valuing diversity of backgrounds and perspectives and prohibiting all forms of harassment, we are able to promote a collaborative and innovative work environment in which everybody can contribute to their fullest potential.