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Title:  Equity Compensation Administrator - Remote

Requisition ID:  41444
Location: 

New Orleans, LA, US, 70112

Category:  Finance & Accounting
Description: 

Freeport-McMoRan is a leading international mining company with headquarters in Phoenix, Arizona. We operate large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, and molybdenum. The company has a dynamic portfolio of operating, expansion and growth projects in the copper industry. Freeport-McMoRan is one of the world’s largest publicly traded copper producers, the world’s largest producer of molybdenum and a significant gold producer. We have a long and successful history of conducting our business in a safe, highly efficient and socially-responsible manner.

 

We have the assets, the talent, the drive and the financial strength to provide attractive and rewarding careers of our employees. We encourage you to take the time to explore the opportunity to advance your career at Freeport-McMoRan.

Description

 

 

Administers employee equity award program in accordance with stock plans and agreements, and in compliance with securities-related regulations and laws.

  • Under direct supervision coordinates all exercises of nonqualified stock options, and all vestings of restricted stock units, performance share units, and performance units with third party administrator, Payroll, Accounting, Legal, Tax and other departments, as applicable.  Facilitate appropriate wires and/or DWACs in connection with such transactions.  Ensure transactions are compliant with regulations such as 409A.  Timely report applicable stock transactions to assist in the generation of Form 4’s and other required filings.  Maintain updated tax withholding information on participants in anticipation of upcoming transactions.
  • Facilitate recordation of equity award grants within third party administrator’s system and internal HRIS.  Make all necessary grant documentation available to program participants.  Monitor and secure all necessary grant agreement acceptances.  Supply grant information to the Financial Reporting Team for the proper expensing and accruals of equity awards.
  • Serve as point of contact for domestic and international employees with respect to long-term incentives.  Address questions.  Draft and distribute applicable communications to participants.  Maintain company SharePoint site as an internal resource for equity-related materials.
  • Foster relationship with third party administrator.  Partner with vendor to provide seamless customer service to program participants.  Services offered in tandem with third party vendor may include brokerage account establishment and assistance with other account maintenance such as address updates, beneficiary designations, asset transfers, and tax forms such as W-8BENs.
  • Perform monthly reconciliations of all equity-related data in the recordkeeping system.  Monitor and track shares available for grant, awards issued, equity transactions, cancellations and forfeitures, in-the-money stock options nearing expiration.  Reconcile plan reserve balances monthly with transfer agent.
  • Supply information pursuant to long term incentives for purposes of the company proxy statement and financial statement disclosures.
  • Track employee status; process and monitor impact upon all equity awards.  Track participant retiree-eligible dates and process taxable events prompted by retiree-eligibility.
  • Assist applicable stock plan participants with compliance of federal securities laws by implementing restrictions on their equity award accounts during closed window periods.
  • Maintain accurate records of dividend equivalent accounts.
  • Solicit and document annual deferral elections by Non-Employee Directors.
  • Provide information in compliance with internal and external audit reviews while maintaining utmost confidentiality of employee records.
  • Research equity plan design and incentive compensation. Participate in seminars and sessions to gain knowledge regarding industry-recommended best practices.
  • Supply ad-hoc reports related to equity award information to upper management upon request. Assist in special projects as assigned.

Minimum Qualifications

 

 

  • Bachelor's degree in an analytic field such as Finance, Business or Accounting.
  • Advanced knowledge of Excel
  • Advanced problem-solving and analytical skills
  • Superior organizational, preparational and planning skills
  • Ability to prioritize in time-sensitive situations
  • Ability to multi-task
  • Ability to adapt to change
  • Works well both independently and in group settings
  • Excellent written and verbal communication skills
  • Detail-oriented
  • Ambitious, self-motivated, forward thinker
  • Thrives in both remote work environment, as well as office setting
  • Willing and able to travel upon need

 

Criteria/Conditions

  • Ability to understand and apply verbal and written work and safety-related instructions and procedures given in English
  • Ability to communicate in English with respect to job assignments, job procedures, and applicable safety standards
  • Must be able to frequently sit, stand and walk
  • Must be able to frequently lift and carry up to ten (10) pounds
  • Must be able to work in a potentially stressful environment
  • Personal protective equipment is required when performing work in a mine, outdoor, manufacturing or plant environment, including hard hat, hearing protection, safety glasses, safety footwear, and as needed, respirator, rubber steel-toe boots, protective clothing, gloves and any other protective equipment as required
  • Freeport-McMoRan promotes a drug/alcohol free work environment through the use of mandatory pre-employment drug testing and on-going random drug testing

Freeport-McMoRan has reviewed the jobs at its various office and operating sites and determined that many of these jobs require employees to perform essential job functions that pose a direct threat to the safety or health of the employees performing these tasks or others.  Accordingly, the Company has designated the following positions as safety-sensitive:

  • Site-based positions, or positions which require unescorted access to site-based operational areas, which are held by employees who are required to receive MSHA, OSHA, DOT, HAZWOPER and/or Hazard Recognition Training; or 
  • Positions which are held by employees who operate equipment, machinery or motor vehicles in furtherance of performing the essential functions of their job duties, including operating motor vehicles while on Company business or travel (for this purpose “motor vehicles” includes Company owned or leased motor vehicles and personal motor vehicles used by employees in furtherance of Company business or while on Company travel); or
  • Positions which Freeport-McMoRan has designated as safety sensitive positions in the applicable job or position description and which upon further review continue to be designated as safety-sensitive based on an individualized assessment of the actual duties performed by a specifically identified employee.

Equal Opportunity Employer/Protected Veteran/Disability


Nearest Major Market: New Orleans

Job Segment: Financial, Equity, Developer, HR, Compensation, Finance, Human Resources, Technology

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