Stock Plan Administrator

Company: Patrick Industries
Location: Elkhart
Posted on: May 26, 2023

Job Description:

Patrick Industries Corporate Office is growing and seeking a Stock Administrator to join our growing Finance Team. Working closely with Leadership the Stock Administrator will administer employee equity programs.Patrick Industries is a leading manufacturer and distributor of component products and building materials serving different industries throughout the United States including Recreational Vehicle, Marine, Manufactured Housing, and Industrial end markets. With locations in 23 states, Patrick is a Company with a strong network of meaningful relationships with our brands and customers.Responsibilities and Duties:Reporting directly to the Senior Director of Stakeholder Engagement, the Stock Administrator will support Patrick's employee equity program and capital structure through administration of plans and program management.* Coordinate and provide adequate information and timely responses related to equity transactions with finance, HR, and legal departments to ensure effective transaction processing* Optimize and maintain Patrick's equity administration platform - Computershare* Communicate with payroll to ensure proper tax withholding, accounting, and compliance* Help reconcile shares related to stock plan transactions on a monthly, quarterly, and annual basis* Coordinate with necessary functions to maintain opening and closing of the insider trading windows, access person listing and Section 16 officers trade restrictions in the equity system* Resolve questions, issues, and/or concerns as related to Patrick's equity-based compensation program administration with award recipients and provide relevant educational materials and training as needed.* Assist with quarterly preparation of all stock compensation-related disclosures and with various ad-hoc reporting/analysis equity-related projects* Perform routine audits to ensure that all data (grants, exercises, releases, forfeitures, etc.) have been processed timely and correctly* Generate reports as needed for an audit, tax, and legal filings (including all aspects of financial reporting as it relates to equity plans, i.e. Form 4, 10-Q, 10-K, DEF14A filings)* Support the continuous improvement of processes and corporate governance* Coordinate Patrick's stock buyback program including all aspects of financial reporting* Assist Senior Director with quarterly dividend payment process* Communicate directly with employees regarding plan provisions* Work with internal and external auditors and Finance team for quarterly reviews and year end audits* Bachelor's Degree in Finance/Accounting or other related field is preferred* 1+ years of compensation, stock administration and/or related role in a publicly-traded company* Experience with Computershare platform and transfer agent services, and 10b5-1 vendors preferred* Certified Equity Professional (CEP) certification is a candidate differentiation* Knowledge of government regulations as they apply to compensation programs and global equity best practices preferred* Ability to communicate with all levels (including executive management and Board of Directors) and explain stock options, restricted stock units, SARS, and other equity programs* Strong work ethic and personal integrity with high level of productivity while still maintaining a high level of attention to detail

Keywords: Patrick Industries, Elkhart , Stock Plan Administrator, Accounting, Auditing , Elkhart, Indiana