Manager, Stock Operations

Manager, Stock Operations

Los Gatos, California, United States of America New York, New York, United States of America

At Netflix, our mission is to entertain the world. Together, we are writing the next episode - pushing the boundaries of storytelling, global fandom and making the unimaginable a reality. We are a dream team obsessed with the uncomfortable excitement of discovering what happens when you merge creativity, intuition and cutting-edge technology. Come be a part of what's next.

We are looking for an experienced Manager to join our global Stock Operations team. The ideal candidate has a strong background in equity administration and compliance, and can adapt to Netflix's unique approaches to employee stock programs. This hire will have the opportunity to define the role's scope and influence its long-term impact on the team.

This role can be based in Los Gatos, CA, Los Angeles, CA, or New York, NY, with an expectation to be in the office Tues-Thurs.

Responsibilities:

• Facilitate the administration of the Netflix Stock Option Program, including grants, exercises, and settlements of stock, working closely with internal and external partners such as brokerage firms, transfer agents, and legal counsel.
• Ensure compliance with equity-related regulatory requirements, including tax withholding and reporting, data privacy, and securities and labor laws, across Netflix entities worldwide.
• Partner with the Employment Tax and Mobility Tax teams to understand, document, and operationalize the tax and reporting requirements related to non-US stock grants and exercises. These include international and domestic transfers, short-term assignments, business travelers, and remote workers.
• Partner with internal technology teams to manage and design workflows and systems that maximize efficiencies in stock operations, ensure the integrity of data, and streamline reporting necessary for compliance and business decision-making.
• Partner with our Compensation team on all operational and compliance aspects of executive compensation plans, including RSUs and PSUs.
• Work directly with executives and their brokers on executive 10b5-1 plans, during the full award lifecycle.
• Review first drafts of statutory public filings, including SEC filings, Forms 3, 4, and 5, and Proxy statements, 10-K, 8-K etc.
• Become an expert in Netflix's unique approach to offering employee equity and our Stock Operation program. Help design and lead the education of employees and stakeholders worldwide, throughout the employee lifecycle.
• Partner with cross-functional teams including Payroll, Finance & Accounting, Global Mobility, Talent Analytics, Employee Technology, Legal, Treasury, and Employee Services. Ensure critical requirements are considered and communicated early throughout cross-functional initiatives and a changing global regulatory landscape.
• Provide coaching, feedback, and development for other members of the Stock Operations team. When needed, conduct the first-level review of work from other members of the Stock Operations team.
• Monitor the evolving global regulatory landscape for employee stock rules and requirements, ensuring Netflix remains ahead of jurisdictional changes through proactive planning.
• Execute equity-related workstreams during M&A transactions, during due diligence and integration phases.
• Lead new country entries for stock operations, conducting feasibility assessments, and operationalizing complex local compliance and reporting requirements

Qualifications:

• Bachelor's Degree in Accounting, Finance, Economics, or equivalent experience.
• 5+ years of relevant experience in equity administration and/or equity accounting. We will prioritize candidates with direct equity administration experience.
• Familiarity with US GAAP accounting principles and equity valuation models.
• Strong knowledge of legal, tax compliance, and reporting requirements for domestic and international equity.
• Experience working on M&A transactions and employee stock-related impacts.
• Thrive in a fast-paced environment, manage competing priorities, and navigate areas of uncertainty.
• Able to work independently and effectively manage processes and innovation with cross-functional teams.
• Strong executive presence and experience interacting with all levels of the company, including C-Suite and Board of Directors.
• Experience with Equity Edge Online is strongly preferred. Experience with Workday is a plus.
• Certified Equity Professional accreditation (Level II) strongly preferred.

Who You Are:

• You are passionate about providing extraordinary employee experiences.
• You are highly curious, a quick learner, and able to manage highly impactful projects.
• You proactively understand, adapt to, and improve company and team culture.
• You take pride in creating simple, scalable administrative solutions and proactively drive automation.
• You are data-driven and analytical.
• You are a clear and proactive communicator.
• You seamlessly switch between strategic oversight and tactical, hands-on work.
• You thrive in ambiguity and can take smart risks.

Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $200,000.00 - $300,000.00.

Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off.