Head of Executive & Equity-Based Compensation
Date: Sep 17, 2024
Location: Morristown or Remote in NJ, US
Requisition ID: 36937
About Avaya
Businesses are built by the experiences they provide, and every day, millions of those experiences are delivered by Avaya. Organizations trust Avaya to provide innovative solutions for some of their most important ambitions and challenges, giving them the freedom to engage their customers and employees in ways that deliver the greatest business benefits.
Avaya contact center and communications solutions help power immersive, personalized, and unforgettable customer experiences that drive business momentum. With the freedom to choose their journey, there’s no limit to the experiences Avaya customers can create.
The richness of Avaya’s global team diversity is our greatest strength, and we are committed to being a workplace where authenticity and individuality are celebrated and different perspectives are embraced. Learn more at www.avaya.com.
About the Opportunity
In this newly created position, you will lead the strategic delivery and overall administration of Avaya's executive compensation and equity-based long-term incentive programs. As a subject matter expert, you will be the primary go-to, providing credible counsel and guidance to C-suite and senior leaders. You will also partner closely with finance, legal, and outside advisors across the People team. You will innovate, providing best-in-class design solutions and improve processes for scale. In your career, you have been a functional sponsor for a significant compensation effort supporting enterprise transformation.
Reporting to the Head of Compensation, the ideal candidate will serve as their right-hand proxy, helping to guide and elevate the output and profile of the function across all compensation areas. You are highly collaborative, a team player, a continuous learner, and a savvy communicator. You deliver to a high standard, enabling a trusting partnership with the Chief People Officer, General Counsel, CFO, and executive team. You have experience in a public company environment, preparing materials and presenting them to the CEO and Compensation Committee of the Board.
This is a remote-first position, with primary work hours during the USA East Coast or at our Morristown, NJ Office. Avaya offers hybrid work flexibility.
Key Responsibilities:
- Compensation Strategy Development: Develop and implement compensation strategies that support the organization's overall business strategy and objectives.
- Executive Compensation: Design and manage executive compensation programs, ensuring alignment with performance and business goals and compliance with regulatory requirements.
- Equity Planning: Oversee equity compensation planning and administration, including stock options, restricted stock units (RSUs), and other equity-based awards.
- Equity Administration: Manage the administration of equity programs and technology, including systems administration, vesting schedules, annual reporting, and compliance with regulatory requirements.
- Compensation Tool Selection and Support: Evaluate, select, implement, and manage compensation tools and systems to support compensation planning, administration, and analysis.
- Market Analysis and Benchmarking: Conduct regular market analysis and benchmarking to ensure the competitiveness of compensation programs and practices.
- Compliance and Governance: Ensure compliance with all applicable laws and regulations related to compensation and benefits and maintain governance over compensation policies and practices.
- Collaboration and Communication: Partner with HR Business Partners, Finance, Legal, and other stakeholders to align compensation programs with organizational objectives and ensure effective communication of compensation-related information.
About You
- Must have proven experience analyzing and preparing materials and presenting them to the executive team and board audience.
- Global experience is a must. Tech-industry or Private Equity experience preferred.
- Bachelor's degree in Finance, Human Resources, Business Administration, or a related field.
- 10+ years of leadership experience in executive compensation and stock plan administration required.
- 5+ years of broad-based and variable compensation experience preferred.
- Experience with Fidelity stock plan administration is preferred.
- Strong knowledge of equity compensation regulations (SEC, IRS) and accounting standards (ASC 718).
- Excellent analytical skills with attention to detail.
- Strong interpersonal and communication skills for effective collaboration across departments.
Skills:
- Strategic thinker with the ability to design and implement initiatives that align with organizational goals.
- Consultative solid diagnostic skills and can use logic, reasoning, and data to identify gaps and strengths of solutions, practices, and processes.
- Strong leadership skills: the willingness and ability to lead, share knowledge, and offer opinions and direction to drive execution.
- Strong collaboration skills and team orientation.
- Possesses a high sense of urgency - can operate effectively when there is ambiguity and progress forward with a bias for action.
- Effective self-management and project management ability.
- Excellent written communication skills and ability to create executive and Board level presentations.
- Self-driven, possess a high degree of ownership, strong business acumen, planning/project management skills, and thrive in a fast-paced environment.
- Deal with high ambiguity and feel comfortable operating in a space with little direction for solving hard, complex talent and organizational business problems.
- Demonstrate strong ownership, determination, and commitment to achieving results.
Compensation
The base salary range for this role is $160,000 - $215,000 + bonus.
Our Benefits Include:
Well-Being: We provide comprehensive health insurance plans that include medical, dental and vision for you and your family, in many countries. We also provide wellness and employee assistance programs. Recharge & Refuel: We work in a dynamic environment, and we recognize the need for you to take a break and recharge. We encourage employees to use our generous time-off policy on a regular basis. Continuous Learning: Grow your skills with access to on-demand platforms and enhance your diversity lens by participating in a program that fully funds you for a cultural immersion in another country. Growth & Development: A feedback loop is important as you grow in your role and career. We schedule frequent check-ins with you and your leaders to help you identify your path to success. Giving Back: We recognize Avayans for their time and effort spent impacting causes within their communities. And we host an annual, company-wide Month of Giving.
Equal Opportunities and Privacy Statement
Avaya is an Equal Opportunity employer and a U.S. Federal Contractor. Our commitment to equality is a core value of Avaya. All qualified applicants and employees receive equal treatment without consideration for race, religion, sex, age, sexual orientation, gender identity, national origin, disability, status as a protected veteran or any other protected characteristic. In general, positions at Avaya require the ability to communicate and use office technology effectively. Physical requirements may vary by assigned work location. This job brief/description is subject to change. Nothing in this job description restricts Avaya's right to alter the duties and responsibilities of this position at any time for any reason. You may also review the Avaya Global Privacy Policy (accessible at https://www.avaya.com/en/privacy/policy/) and applicable Privacy Statement relevant to this job posting (accessible at https://www.avaya.com/en/documents/info-applicants.pdf).
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