Director, Equity Administration

Full Time
Mountain View, CA, USA
6 days ago

Req # GAQ126R90

 

Mission

The Director of Equity Administration will oversee the day-to-day operations of our employee equity programs and assist in continuing to scale our stock administration function as Databricks grows. You will work closely with various cross functional teams including HR, legal, finance, treasury, external service providers and auditors. You will own the communication strategy for equity for all stakeholders, including executive staff, employees and external partners. This is a highly visible position and requires a focus on employee success and the ability to effectively interact, communicate, and present ideas and concepts clearly with multiple departments and to all levels within the organization, including senior management.  

This leader will strategize and plan for the expected growth in the organization, both domestically and internationally, and be accountable for streamlining and scaling equity award systems and processes while establishing and monitoring strong internal controls. The ideal candidate will have excellent customer service and communication skills, a high level of accuracy, strong business acumen, ability to focus on detail, strong technical skills, and take pride in producing high quality work. You will also need to be proactive and engaged, able to work well cross-functionally both internally and externally, excited about technology and data, and ready to roll up your sleeves and dig into tough problems.

Outcomes

  • Develop and articulate a vision and strategy for the function
  • Responsible for all aspects of global equity administration, including employee communication strategy, managing a complex capitalization table, accuracy and completeness of all equity data, investor analysis and related tax reporting
  • Provide strategic advice to the company and cross-functional partners on the design and implementation of our global equity program, especially as we expand internationally into more complex jurisdictions
  • Lead efforts to grow and scale the equity administration function, including enhancing and automating existing manual processes and helping to evaluate service providers and platforms
  • Manage the month-end close process for stock compensation accounting including but not limited to journal entry review, account reconciliation, accounting memos
  • Use and maintain our equity management platform to oversee all participant equity plan transactions (grants, exercises etc.) and ensure that they are correctly processed in a timely manner
  • Ensure global equity reporting and compliance with international tax and regulatory requirements, including year-end equity related tax filing
  • Maintain and update documents defining procedures for all plan administration and ensuring that internal controls and procedures are in place

 

Competencies / Requirements

  • Bachelor's degree in Accounting/Finance or similar preferred with 12+ years of progressive experience and increasing level of responsibility within equity administration with 3-5 years at a publicly traded company
  • CEP certification required
  • Thorough understanding of equity instruments and applicable taxation
  • Exceptional analytical thinker with strong conceptual and problem-solving skills, and sound independent judgment
  • Extensive experience working cross-functionally on equity matters with Legal, Finance, and People teams
  • Experience helping a company through the IPO process
  • A proven track record of leveraging technology to support growth at scale
  • A passion for equity and helping our employees understand it
  • Ability to maintain strict confidentiality of materials and information
  • Able to multi-task, prioritize and work under tight deadlines

 

Databricks' vision is to empower anyone to easily build and deploy advanced analytics solutions. The company was founded by the team who created Apache® Spark™, a powerful open source data processing engine built for sophisticated analytics, ease of use, and speed. Databricks is the largest contributor to the open source Apache Spark project providing 10x more code than any other company. The company has also trained over 20,000 users on Apache Spark, and has the largest number of customers deploying Spark to date. Databricks provides a just-in-time data platform, to simplify data integration, real-time experimentation, and robust deployment of production applications. Databricks is venture-backed by Andreessen Horowitz and NEA. For more information, contactinfo@databricks.com.

 

 

 

Pay Range Transparency

Databricks is committed to fair and equitable compensation practices. The pay range(s) for this role is listed below and represents base salary range for non-commissionable roles or on-target earnings for commissionable roles.  Actual compensation packages are based on several factors that are unique to each candidate, including but not limited to job-related skills, depth of experience, relevant certifications and training, and specific work location. Based on the factors above, Databricks utilizes the full width of the range. The total compensation package for this position may also include eligibility for annual performance bonus, equity, and the benefits listed above. For more information regarding which range your location is in visit our page here.

 

Zone 1 Pay Range$158,800—$280,900 USD

About Databricks

Databricks is the data and AI company. More than 10,000 organizations worldwide — including Comcast, Condé Nast, Grammarly, and over 50% of the Fortune 500 — rely on the Databricks Data Intelligence Platform to unify and democratize data, analytics and AI. Databricks is headquartered in San Francisco, with offices around the globe and was founded by the original creators of Lakehouse, Apache Spark™, Delta Lake and MLflow. To learn more, follow Databricks on Twitter, LinkedIn and Facebook.BenefitsAt Databricks, we strive to provide comprehensive benefits and perks that meet the needs of all of our employees. For specific details on the benefits offered in your region, please visit https://www.mybenefitsnow.com/databricks. 

Our Commitment to Diversity and Inclusion

At Databricks, we are committed to fostering a diverse and inclusive culture where everyone can excel. We take great care to ensure that our hiring practices are inclusive and meet equal employment opportunity standards. Individuals looking for employment at Databricks are considered without regard to age, color, disability, ethnicity, family or marital status, gender identity or expression, language, national origin, physical and mental ability, political affiliation, race, religion, sexual orientation, socio-economic status, veteran status, and other protected characteristics.

Compliance

If access to export-controlled technology or source code is required for performance of job duties, it is within Employer's discretion whether to apply for a U.S. government license for such positions, and Employer may decline to proceed with an applicant on this basis alone.