Senior Stock and Retirement Plan Analyst at Acacia Communications
Maynard, MA, US

 

Acacia Communications is an optical networking technology company that empowers cloud and content providers to connect at the speed of light enabling them to meet the rapidly increasing consumer demands for data.

 

 

Responsible for long-term stock, cash, investment, and retirement plans to help the company offer competitive compensation and benefits to attract and retain talent and build employee wealth.  Plans include but not limited to Employee Stock Purchase Plan, Incentive Equity Plan, Long-term Cash Bonus Plan, 401(k) Retirement Savings Plan, Health Savings Accounts, and Social Security.

 

Key Essential Functions

  • Act as day-to-day liaison with stock plan administrator, tax advisors, executive brokers, 401(k) record-keeper/TPA, 401(k) advisor/consultant, and other related vendors; approves transactions
  • Coordinate plans with internal tax, audit, technical accounting, legal, and payroll departments, anticipating their needs/requirements and incorporating into all activities and proposed changes
  • Pro-actively ensure timely and accurate compliance of plans with all taxation, governance, audit, and reporting requirements, utilizing tax advisors, brokers, own expertise, etc.
  • Champion automation and adoption of new technology related to above plans; develop and troubleshoot bi-directional interfaces with Workday and payroll; utilize Workday as main source for basic participant and plan data; achieve and maintain Workday Pro certification
  • Lead, develop, and implement employee stock, investment, and retirement education, communi-cation, and new hire orientation; provide day-to-day contact to employees with questions/issues
  • Perform specialized calculations such as special equity tax withholding rates, 401(k) true-up accruals, stock grant accelerations, disqualifying dispositions, ESPP exchange rate determination, evergreen stock refreshes, Board of Directors fee payments, and long-term cash bonus payments
  • Prepare quarterly review and forecasting of equity budget/spend, burn rate, share pool usage, etc.
  • Provide analysis for quarterly Compensation Committee and 401(k) Committee meetings
  • Manage one-time and recurring projects such as semi-annual ESPP enrollment/purchase, changes to stock plan terms and agreements, 401(k) fund changes, or new vendor selection/implementation
  • Lead and perform quarterly project work, such as annual proxy statement (Q1), 401(k) testing and audit (Q2), disqualifying distributions audit (Q3), and global equity guidelines/allocations (Q4)

 

Other Duties

  • Provide analysis on non-U.S. retirement plans, pay equity, and short-term bonus plans as needed
  • Perform other duties as assigned

 

Minimum Qualifications, Experience, Skills, Education and Certifications

  • Bachelor’s Degree (or higher) in human resources, business, accounting, or similar field, or the equivalent qualification in training and experience
  • At least 5 to 10 years of relevant professional experience in stock compensation analysis and administration, and/or retirement plan analysis and administration with stock knowledge/exposure
  • Strong analytical skills for working with spreadsheet data, writing custom reports in HR systems, making calculations, developing and presenting ideas/proposals, and implementing results
  • Strong grasp of how plan systems work; aptitude for technical automation and problem solving
  • Strong project management, vendor management, communication, and presentation skills
  • Attention to detail and ability to self-audit; utilize a project management approach to the work

 

Other Considerations/Qualifications

  • Familiarity with Workday, E*TRADE, or similar systems
  • CEP, CEBS, CBP, and/or GRP certifications are a plus
  • Experience implementing a new 401(k) record-keeper is a plus
  • Experience with deferred compensation and China stock plans would be helpful for future

 

Special Physical/Travel Requirements

  • None

 

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.