The Turo Stock Plan Administrator will work in close partnership with our People Ops, Accounting and Legal teams to support us with scaling and refining the Turo stock administration function as the Company continues to grow. This position can be based in either our headquarters in San Francisco, CA or our office in Phoenix, AZ. This position will report into the Legal Department.
The ideal candidate will be responsible for hands-on, end-to-end administration of the Company’s equity plan(s). You will support and collaborate with internal business partners, answer employee questions regarding equity grants, assist in the management of the stockholder ledger, manage communications, and assist with employee education and training regarding the company's equity plans.
- Utilize your stock/equity administration expertise to administer the company’s equity programs for all employees in the U.S. and internationally.
- Support employee understanding of equity awards and refresh grants including general guidelines on taxation.
- Assist efforts to grow and scale the equity plan administration function, including but not limited to, implementing best practices with effective SOX controls, enhancing existing manual processes, automating processes and helping to evaluate service providers.
- Lead efforts to automate routine work streams and manual processes to enable efficient, accurate and timely processing of equity award data.
- Maintain company’s equity data using cap table management systems, reconcile new hire grants and terminations to payroll records, and maintain and reconcile employee databases.
- Process employee exercises and coordinate with transfer agent and accounting to ensure accuracy and timely flow of exercise funds including tax withholding.
- Support accounting for stock based compensation and quarterly and annual footnote disclosures by providing equity information and making necessary updates to cap table management systems.
- Calculate equity related employee compensation including regular income and gains from ISO, Non-Qualified and RSU grants.
- Coordinate with the People Ops and Payroll teams to ensure proper withholding of tax from equity proceeds.
- Provide data needed for stock impacts of W-2 and 1099-R reporting related to stock compensation.
- Manage ongoing and annual IRS filings as required. Manage 10B-5 plans as required.
- Assist Legal in the preparation of SEC filings, including Section 16 filings and stock-related sections of 10-Qs, 10-Ks, and proxy statements if and when Turo becomes a publicly traded company.
- Manage, communicate, and roll out new equity programs including refresh grants, Tender offer transactions, as required.
- Prepare internal reporting including equity grant status for executives, HR and Compensation Committee.
- Work closely with the company’s internal and external Legal counsel, in addition to Finance, Payroll/Accounting, People and other teams, as necessary.
- Evaluate and implement equity solutions as required for business needs and scalability.
- Perform other duties and ad hoc projects and reporting as requested.
- Bachelor's Degree in Accounting, Finance or related work experience,
- A background in legal operations and/or paralegal experience preferred.
- Certified Equity Professional (CEP) certification is strongly preferred.
- Minimum 5+ years of relevant work experience working for late stage private companies and public companies.
- Self-motivated , reliable, flexible, deadline-oriented, high employee service orientation, have a keen attention to detail, and are able to complete multiple tasks in a timely fashion, independently with minimal supervision.
- An effective communicator using any medium with a variety of levels of internal employees, business partners, external vendors, etc.
- A compliance and process-oriented individual who is also flexible and can excel in a fast-paced and rapidly evolving environment.
- Able to maintain strict confidentiality in a very open and transparent environment.
- Must be aligned with our Turo values of being pioneering, down-to-earth, efficient and supportive.
- Competitive salary and equity for all full-time employees
- Employer-paid medical, dental, and vision insurance and 401k match
- Flexible paid time off, 9 paid holidays, paid volunteer time off, and paid parental leave
- Turo host matching and vehicle reimbursement program
- Monthly Fringe benefits stipend
- Monthly Turo travel credit
Turo is the world’s largest car sharing marketplace where you can book any car you want, wherever you want it, from a vibrant community of trusted hosts across the US, Canada, and the UK. Guests choose from a totally unique selection of nearby cars, while hosts earn extra money to offset the costs of car ownership. A pioneer of the sharing economy and the travel industry, Turo is a safe, supportive community where the car you book is part of a story, not a fleet. Discover Turo at https://turo.com, the App Store, and Google Play, and check out our blog, Field Notes.
Turo has raised $500M to date from top-tier investors, including IAC, Daimler AG, Kleiner Perkins, GV, Canaan Partners, August Capital, and Shasta Ventures.
Turo cultivates a tight-knit team of smart, critical thinkers who care about their work and their colleagues. Our recruiting team is always on the lookout for supportive, down-to-earth, pioneering, and efficient candidates to grow our team's talent and enrich our culture.
Read more about the Turo culture according to Turo CEO, Andre Haddad.
We're an equal opportunity employer and value diversity at our company. We don't discriminate on the basis of race, religion, color, national origin, gender, gender identity, sexual orientation, age, marital status, veteran status, or disability status. When in doubt, please apply!