Facebook looking for a little help with SOX compliance
According to a new Facebook job posting, the company is looking for someone to run their stock option plan who knows how to deal with the SEC and Sarbanes-Oxley paperwork. Why would they need someone to do that?
Some highlights for the IPO watchers:
Responsibilities:
- Manage the administration and compliance of all employee equity compensation programs such as Stock options, Restricted stock, RSUs, Warrants
- Strong knowledge of SEC, FASB, and IRS rules and regulations relating to stock plans and insider trading (including SEC Section 16, SEC Rules 144, 145 and 701, FASB 123R, and IRC Sections 83, 409A, 421, 422 and 423)
- Partner with Legal, Tax, and Finance to ensure ongoing compliance and for internal and external reporting
Requirements:
- Minimum 4 years stock administration experience in an international public company, preferably a technology company
- SOX 404 compliance knowledge
- Understanding FAS-123R, FAS-123, 409A and other equity...
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