Director, Equity Accounting and Administration
The Countsy Director of Equity Accounting is responsible for helping our public and nonpublic client companies calculate stock-based compensation expense, draft financial statement footnote disclosures, and solve complex accounting and reporting issues related to stock-based compensation. To be successful, the Director of Equity Accounting must have the interpersonal skills to work directly with CFOs, Controllers, SEC Reporting Managers, and external auditors and the organizational skills to manage and prioritize multiple inquiries and reporting deadlines.
This is a part-time position expected to require approximately 20 hours per week on average. All work will be performed remotely.
FLSA Status: Non-Exempt
Reports to: Startup Chief Accounting Officer
Major Responsibilities
Calculate stock-based compensation expense in accordance with ASC 718 using an equity administration system or MS Excel.
Maintain and create equity administration platform valuations and expense records for stock-based awards (e.g., stock options and restricted stock), including:
Calculation of Black-Scholes fair value and fair value assumptions for stock options,
Calculation of fair value for restricted stock awards and units,
Calculation of forfeiture rates, and
Classification of awards as liabilities or equity
Calculate stock modification expense from option repricings, cancellations and regrants, term revisions, extensions of post termination exercise periods, etc.
Calculate ESPP expense and Black Scholes fair value for both simple and complex plan offerings (e.g., resets and rollovers).
Complete dilutive shares calculations and related disclosures in accordance with ASC 260.
Prepare stock-based compensation expense reconciliations related to equity administration system implementation, including fair value assumptions.
Draft stock-based compensation footnotes for both public and nonpublic companies.
Prepare requested audit PBC schedules related to stock-based compensation expense and assist client companies in responding to questions from external auditors.
Advise clients on issues related to payroll tax withholdings for stock options, restricted stock, and ESPPs.
Assess the classification of stock warrants as liabilities or equity, apply ASC 480 and ASC 815 to determine the appropriate accounting, and calculate fair value.
Draft technical accounting memorandums related to equity administration system implementations, stock option fair value assumptions, award modifications, and other complex issues related to stock-based compensation and stock warrants.
Effectively communicate with clients, Countsy teams, third-party providers, and auditors to understand and prioritize the resolution of equity accounting issues and related reporting requirements.
Qualifications
Strong understanding of US GAAP and financial reporting requirements related to stock-based compensation.
Experience researching equity-related accounting issues, writing technical accounting memos, and working with external audit teams to resolve issues.
At least 5 years’ experience with stock-based compensation accounting and reporting related to stock options, award valuations, modifications, and ESPPs.
At least 5 years’ experience with Equity Edge Online is required, including the creation of valuation settings and valuation records; additional experience with Shareworks and Carta is preferred.
Advanced proficiency with Microsoft Excel.
Excellent consulting and client service skills with the ability to communicate across all levels of an organization.
Strong attention to detail without losing sight of the “big picture”.
Outstanding written and verbal communication skills.
Willingness to learn about and help resolve new or unfamiliar accounting topics.
Excellent time-management skills and the ability to juggle multiple priorities and clients.
Bachelor’s degree in Accounting or Finance required; MBA and/or CPA preferred.
Demonstrated POISED traits (Proactive, Ownership, Inquiring, Self-Assured, Engaging, Adaptable).
Compensation and Benefits Information
Base Pay Range: $70 - $90 per hour
Other Compensation: Discretionary Bonus Plan
All Compensation is commensurate with employee qualifications, experience, and other factors including geographic location, market and operational factors.
Benefits*: Medical (including FSA and HSA offerings), Dental, Vision, Life insurance, Disability insurance, 401(k) savings plan, Employee Stock Purchase plan, Paid Time Off, Eight Paid Holidays, Paid Sick Time (in geographies where legally required).
*Certain eligibility requirements apply
Washington state applicants, additional benefits information follows:
Washington Time Off and Leave
Management and Support Roles : Employees working in the state of Washington will receive the following time off and leave benefits:*
Short-Term Disability Benefits: RGP provides eligible employees up to 12 weeks of paid leave for total and temporary disability due to illness or injury.
Maternity Leave: For pregnancy and childbirth, female employees may receive up to 8 weeks (40 days) of paid Maternity Leave.**
Parental Leave: RGP provides 2 weeks (10 days) of paid Parental Leave for the birth or adoption of a child.**
Bereavement: Up to 3 days of paid leave (additional time may be available under PFML)
Paid Family Medical Leave (PFML): The state-administered PFML fund provides qualified employees with the following maximum leave amounts per calendar year: (a) up to 12 weeks of paid family or medical leave, (b) up to 16 weeks of leave when family and medical leave are used in combination, and (c) an additional two weeks of leave due to pregnancy complications, (d) up to 7 days bereavement leave.
Jury Duty Leave: Up to 5 paid days
Military Leave: Up to 21 days of paid leave during a one-year period.
*Certain eligibility requirements apply
** applicable if the employee is not eligible for Paid Family Medical Leave
Los Angeles County and San Francisco Resident applicants, additional information
EQUAL OPPORTUNITY EMPLOYER
RGP is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information or veteran status, and encourage all applicants to apply. (Countsy is an RGP Company)