Equity Compensation Administrator

Why You Should Apply for This Job

At Freeport-McMoRan, we are committed to providing employment that recognizes excellence and encourages safe production, with a culture supported by our core values. Here, you’ll find a collaborative environment where safety is a top priority. Apply Today!  

Where You Will Work  

Our global headquarters is in Phoenix, Arizona. Several hundred employees support our operations in finance, human resources, health and safety, information technology, planning, and more. Our flexible work program allows employees to work virtually as well as come together in person when needed at our Collaboration Hub in Phoenix and/or one of our site locations. Employees can work remotely from most states in the U.S., with the exception of California, Connecticut, Illinois, Kansas, Kentucky, Massachusetts, Michigan, New Hampshire, New York, North Carolina, Oklahoma and South Carolina. Additional states may be excluded from remote work based on business factors. Should the position shift to in-person (office/site) work in the future, the company will offer relocation benefits at that time, so long as the position meets the established eligibility for these benefits. 

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.

Qualifications

Minimum Requirements:

• High School diploma or GED and three (3) years of Compensation, Finance, Business, Accounting, or other related experience; OR
• 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:

• 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 as allowed by applicable state laws

What We Offer You 

The estimated annual pay range for this role is currently $54,000-$75,000. This range reflects base salary only and does not include bonus payments, benefits or retirement contributions. Actual base pay is determined by experience, qualifications, skills and other job-related factors. This role is eligible for additional discretionary and incentive payment considerations based on company and individual performance. More details will be shared during the hiring process.  to view a sample of Total Rewards Estimate for this role.  

• Affordable medical, dental and vision benefits  
• Company-paid life and disability insurance  
• 401(k) plan with employer contribution/match  
• Paid time off, paid sick time, holiday pay, parental leave  
• Tuition Assistance  
• Employee Assistance Program  
• Discounted insurance plans for auto, home and pet  
• Internal progression opportunities  
• Learn more about our competitive and comprehensive benefits package!  

What We Require

Freeport-McMoRan promotes a drug/alcohol-free work environment using mandatory pre-employment drug testing as allowed by applicable laws.  

Equal Opportunity Employer 

Please be advised Freeport-McMoRan will never request payment for job-related expenses from applicants. If you receive any suspicious emails, please disregard them, and report the incident to .