Stock Plan Administrator jobs in Minnesota

ABOUT INSPIRE MEDICAL SYSTEMS

Inspire is the first of its kind medical device designed to make a difference in the lives of those living with Obstructive Sleep Apnea (OSA). We are revolutionizing the sleep industry with our FDA-approved medical device, designed to reduce OSA severity for those who cannot tolerate or get consistent benefit from CPAP. Our focus on patient outcomes is at the core of everything we do, and our "think I can" attitude drives us to make a difference in the lives of those seeking alternative sleep apnea treatments.

WHY JOIN OUR FAST-GROWING TEAM

At Inspire, we value people - your diverse experiences, backgrounds, and thoughts. We elevate voices and encourage learning opportunities to build a professional network that grows into community. We embrace a people-first culture by offering hybrid work schedules, excellent benefits, 401k matching, ESPP, flexible time off (FTO), and tuition reimbursement.

If you're passionate about making a difference in people's lives and want to work with innovative technology, come be a part of our great team!

ABOUT THIS POSITION

Inspire is looking for an experienced Stock Plan Administrator II, who will be responsible for the day-to-day activities of the company's global equity incentive programs. The ideal candidate is thoroughly familiar with global equity incentive programs (stock options, RSUs and ESPP) for a U.S. public company.

The Stock Plan Administrator II role is an excellent opportunity to join a lean and passionate team at a high-growth mission-driven company. The role requires someone who has experience operating in a global public company with strict reporting deadlines and requires 'out of the box' thinking to make processes more efficient and streamlined. The ideal candidate must be detail oriented, have strong organization and communication skills and be very hands-on.

The Stock Plan Administrator II role will not have any direct reports. This role interfaces extensively with the following teams: HR, Payroll, Legal, Technical Accounting, Financial planning & Analysis, and both Internal and External Audit.

OPPORTUNITIES YOU WILL HAVE IN THIS ROLE

• Manage the end-to-end stock administration of equity plans, including but not limited to processing of grants, exercises, releases and cancellations, ESPP purchases, preparing monthly reconciliations, and monitoring share utilization with a strong collaboration among Accounting, Finance, Payroll, People, Tax, and Legal teams.
• Work with payroll to ensure accurate and timely tax withholding and reporting for stock option exercises and RSU/PSU releases.
• Maintain database integrity and ensure accuracy of record-keeping of equity data using Equity Edge Online or similar equity system.
• Prepare and upload grant agreements for new grant types in accordance with plan documents and in collaboration with legal as needed.
• Ensure that all forms of equity compensation are administered in accordance with the terms and conditions of the plan(s) under which they are granted.
• Provide excellent customer service to equity participants at all levels and to partners across departments and respond quickly to employee questions.
• Create comprehensive documentation and live or recorded training for employee education purposes.
• Manage the calendar of various stock administration related activities.
• Prepare monthly or quarterly stock-based compensation, exercise and release journal entries and related reconciliations.
• Assist the Finance team with stock-based compensation forecast and analytics.
• Work with external auditors on quarterly audits.
• Assist in preparation of SEC filings, proxy statements, 10b5-1 trading plans, Section 16 reports (Forms 3, 4 and 5).
• Identify and drive continuous process improvement including workflow automation.
• Perform other duties and ad hoc requests as requested.

Required Qualifications

• Bachelor's degree in related fields
• 5 years stock administration (and/or accounting) experience in a U.S. public company
• Knowledge of various types of equity awards (ISO, NSO, RSU, ESPP, etc.) and tax implications
• Very strong attention to detail and ability to perform self-audit to ensure data integrity and utmost accuracy at all times
• Excellent problem-solving skills and proven ability to make informed decisions
• Ability to prioritize multiple duties and work independently
• Excellent verbal and written communication skills
• High degree of dedication to improvement and strong sense of ownership
• High standards of customer service to contacts both within and outside the company
• Advanced proficiency in Microsoft Excel

Preferred Qualifications

• Experience with E-Trade stock platform including EEO, and accounting for equity compensation
• Certified Equity Professional (CEP)

Inspire Medical Systems provides equal employment opportunity (EEO) to all employees and applicants without regard to race, color, religion, creed, sex, national origin, age, disability, marital status, familial status, sexual orientation, status regarding public assistance, membership or activity in a local commission, military or veteran status, genetic information, or any other status protected by applicable federal, state, and local laws. This policy applies to all aspects of the employment relationship, including recruitment, hiring, compensation, promotion, transfer, disciplinary action, layoff, return from layoff, training, and social and recreational programs. Inspire Medical Systems complies with applicable laws governing non-discrimination in employment in every location in which Inspire Medical Systems has facilities. All such employment decisions will be made without unlawfully discriminating on any prohibited basis.

Inspire Medical Systems is anemployer with recruitment efforts focused on ensuring a diverse workforce.Applicants with a disability that need accommodation to complete the Inspire Medical Systems application process should contact Human Resources at 844-672-4357 or email careers@inspiresleep(dot)com

Inspire Medical Systems participates in E-Verify.

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