Equity Compensation Manager

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Job Description

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CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces.  Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

 
We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers.  We’ve continually refined, transformed and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors.  We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors.  By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

Reporting to the Vice President of Total Rewards, CoStar Group is seeking an Equity Compensation Manager. This position will cover the life cycle of equity compensation management from equity grant approval through vesting. It will focus on both administration of equity grants to individual employees and executives and overall administration of the company’s equity compensation plan.

This position will focus on both administration of equity grants to individual employees and executives and overall administration of the company’s equity compensation plan. This position involves significant responsibility and regular interaction with senior leadership. The ideal candidate must have meticulous care for detail and accuracy, strong written and verbal communication skills, and the ability to thrive in a fast-paced environment, applying practical solutions to complex business problems.

This role offers a schedule of 4 days onsite and 1 day remote.

Responsibilities:       

Maintain and administer the Company’s equity incentive compensation program – evaluating data accuracy and documentation for all grants, vesting, option exercises, terminations, share transfers and sales.Administer the Company’s Employee Stock Purchase Program and the Management Stock Purchase Plan, a nonqualified deferred compensation program.Interact with transfer agent to ensure bi-weekly cancellations and monthly releases are processed in a timely manager and reconcile DWAC transactions as requested by the transfer agent.Support timely Section 16 filings and monitor insiders’ trading activities.  Prepare recurring and custom reports to support financial statement disclosures such as Earnings Per Share, equity award tables, and beneficial ownership tables for SEC filings, including Form 10K, 10Q, and proxy statements, as well as any other ad-hoc reports.Collaborate with Legal, Finance and HR teams to design and develop communications, ensure on-going awareness and compliance with federal/state regulations and securities laws, and contribute to management reports.Manage integrity of plan participant and equity data, ensuring information is up-to-date and accurate in our equity administration platform, Shareworks, and equity-related data is transferred to our HCM and payroll systems.Process and monitor equity award activity, including grants and grant agreements, vesting of shares, award exercises, and employee terminations.Regularly conduct audits, analysis, and reconciliations, working with large data sets, data edits and complex calculations.Partner with Finance to forecast and budget equity compensation; provide equity-related reporting to support monthly financial close process and journal entries.Work with internal and external audit partners, serving as the lead for equity-related requests; evaluates and responds to auditor’s inquiries.Partner with payroll to ensure accurate taxation and recording of RSA/RSU releases, ESPP dispositions, and quarterly reconciliations.Maintain and manage equity- related SOX controls.Evaluate changes in federal and state regulations and securities laws; determine impacts to existing processes and implements changes to ensure on-going compliance and efficient processes.Monitor peer company and broader technology industry equity practices and summarize trends.Provide excellent customer service to plan participants at all levels and to partners across departments and respond quickly to employee questions in a courteous and satisfactory manner, including training on equity topics.Participates in or leads other projects as assigned.

Basic Qualifications:

6+ years as Public Company Stock Plan AdministratorBachelor’s degree required from an accredited, not-for-profit University or CollegeTrack record of commitment to prior employerDirect experience with using stock plan administrative platforms, such as Morgan Stanley/Share WorksVery strong attention to detail and ability to perform self-audit to ensure data integrity and accuracyExperience working in a fast-paced environmentAbility to manage and prioritize multiple projectsAbility to build and maintain relationshipsStrong analytical skills and the ability to draw conclusions from dataComplete work within deadlinesStrong interpersonal, oral and written communication skillsProficient in Microsoft Word, Excel, and PowerPoint

WHAT’S IN IT FOR YOU:  

Working at CoStar Group means you'll enjoy a culture of collaboration and innovation that attracts the best and brightest across a broad range of disciplines.

In addition to generous compensation and performance-based incentives, you'll be supported in both your professional and academic growth with internal training, tuition reimbursement, and an inter-office exchange program.  

Our benefits package includes (but is not limited to):  

Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug  Life, legal, and supplementary insuranceCommuter and parking benefits  401(K) retirement plan with matching contributionsEmployee stock purchase plan  Paid time off  Tuition reimbursement  On-site fitness center and/or reimbursed fitness center membership costs (location dependent)  Complimentary gourmet coffee, tea, hot chocolate, prepared foods, fresh fruit, and other healthy snacks  

We welcome all qualified candidates who are currently eligible to work full-time in the United States to apply.  However, please note that CoStar is not able to provide visa sponsorship for this position. 

This position offers a base salary range of $120,000 - $160,000, based on relevant skills and experience and includes a generous benefits plan.

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CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing