Stock Compensation Lead
Posted on: 12 Jan 2022
New York, New York
Job Description
Specific Responsibilities Include: • Governance of the current global stock program at PMI, including coordination with members of the Finance, Legal, HR and Accounting Departments regarding the company's stock compensation plans • Design and implementation of any new stock programs (e.g., ESPP) • Design and implementation of global communication on stock program principles • Drafting and coordination of approval for various stock documents (e.g., stock agreements, guides and prospectus) • Working closely with the delivery team to ensure that internal controls and procedures are followed and in compliance with SOX • Advice and escalation point for the delivery teams and 3rd parties, e.g. stock plan administrator, tax advisor • Managing and monitoring regulatory filings outside of the US • Monitoring process documentation, review current procedures and work with stock plan administrator and delivery teams to implement changes • Identifying opportunities to streamline and automate, contributing to the development and implementation of new concepts / change management tools • SME for stock compensation in our Project Based Organization, contributing to various projects • Expert advice on stock programs to People & Culture and other functions • Staying abreast of emerging market trends in the industry • Assisting with mergers and acquisitions in relation to stock compensation • Working with other Total Rewards and People & Culture teams on broader scope projects driven by our business transformation Critical Capabilities: • University degree in Human Resources, Business/Economics or equivalent • Certified Equity Professional (CEP) certification strongly preferred • Proven experience in managing global stock programs in a multinational organization with publicly listed stock • Experience in designing and implementing new stock programs, incl. ESPP • Strong analytical and problem-solving skills, detail-oriented • Customer understanding / centricity • Collaborative in nature: a team player who can develop strong relationships with internal stakeholders, including senior management to become a trusted partner and can successfully work independently • Able to manage multiple projects and deadlines concurrently • Good command of Microsoft Office tools, Excel in particular, and SAP HR • Fluent in English, with well-developed writing and communication skills
Philip Morris International
New York, New York
Philip Morris International Inc. (PMI) is an American multinational cigarette and tobacco manufacturing company, with products sold in over 180 countries outside the United States. The most recognized and best selling product of the company is Marlboro.
Until a spin-off in March 2008, Philip Morris International was an operating company of Altria. Altria explained the spin-off, arguing PMI would have more "freedom" outside the constraints of US corporate ownership in terms of potential litigation and legislative restrictions to "pursue sales growth in emerging markets.", while Altria focuses on the United States. The shareholders in Altria at the time were given shares in PMI, which was listed on the London Stock Exchange and other markets.
The company's headquarters are in New York City. It does not operate in the United States; Philip Morris USA, a subsidiary of PMI's former owner Altria, owns the Philip Morris brands there.
With tobacco being addictive and the single greatest cause of preventable death globally, the company is highly controversial. It has been the subject of litigation and restrictive legislation from governments.
In response to burgeoning awareness of the harm to health of cigarettes, PMI has declared on its homepage the intention to replace cigarettes with smoke-free products, and to "switch ... adult smokers" to these products as the first phase of a business strategy, as a responsible decision for the benefit of "adult smokers" and the companies share-holders and employees.
With the world-wide decrease in smoking in the 21st century, shares of Philip Morris were no longer considered the "safe haven" they once were. The company ranked No. 108 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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IndustryTobacco
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No. of Employees77400
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Website
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Jobs Posted14
