Stock Administration Specialist

Location 1414 Harbour Way South, CA 94804 Job Category Human Resources Status Full Time, Employee More than anything else, it is our people that make SunPower a great company. SunPower employees around the world are smart, creative and passionate individuals working in areas from product design to distribution to marketing. Do you want a work environment full of energy and excitement like a startup, yet with the stability and growth opportunities of a multi-million dollar company? Our company culture offers the perfect hybrid of environmental awareness, technical brilliance and business savvy. SunPower continues to seek fresh dynamic talent for our team of highly experienced professionals. If you are looking for the opportunity to work with a product that benefits many, enjoy working in a collaborative corporate culture, and are excited about an emerging technology, then consider SunPower. Stock Administration Specialist WHAT WE DO SunPower designs, manufactures and delivers the highest efficiency solar electric technology worldwide. Based on more than 20 years of innovation, we deliver proven solar performance to residential, commercial, and utility-scale power plant customers. Our high-efficiency solar cells, panels and systems deliver significantly more energy per unit area than competing systems.  Our customers benefit from lower electric bills, meaningful financial returns and maximum carbon emissions savings. At SunPower, we see a future where solar power is an essential component of the global energy mix. We work every day to continuously set new standards for solar performance, value, appearance and our customers’ experience.  We will compete with retail electric rates by reducing system cost by 50% by 2012.  SUMMARY The Stock Administration Specialist will play a critical role in SunPower’s equity programs, supporting the Equity Manager with the day-to-day administration of SunPower’s stock program. This position is an excellent opportunity to build a career in stock administration and to work in a dynamic, team-oriented organization.  ESSENTIAL DUTIES AND RESPONSIBILITIES Administration-  Process and administer stock option grants, exercises, cancellations and terminations.-  Process and administer restricted stock, restricted stock units and stock appreciation rights, including awards, releases, cancellations, and terminations.-  Track online grant and award acceptance. Follow up on outstanding documents.-  Monitor Forms W8-BEN & W-9 submission.  Obtain all missing documents before stock release date.-  Track expiration dates of stock options.-  Interface with various service providers including brokerage firms and transfer agent. Reporting / Accounting-  Generate grant, exercise and cancellation reports on an as needed basis.-  Reconcile exercises with Payroll transactions.-  Reconcile transfer agent records.-  Ensure Sarbanes-Oxley processes are followed and compile supporting documentation for testing and compliance.-  Generate “Stock Closing Statement” for terminated employees.-  Verify terminations in system. Employee Support / Education-  Respond to employee inquiries regarding grant process and account activation in a timely and professional manner.-  Help organize various stock educational seminars. Miscellaneous-  Work on various ad hoc assignments relating to the stock program.-  Assist with tracking of mobile employees.   EDUCATION AND EXPERIENCE -  Bachelor’s degree or related experience. BA in Finance, Accounting or related discipline preferred.-  4+ years of work experience working for a public or multinational company.-  Background in Stock Administration, Human Resources, Payroll, Benefits or Finance & Accounting is ideal, with some degree of experience or exposure to stock administration.-  Understanding of various equity awards, including stock options and restricted stock.  QUALIFICATIONS -  Detail oriented and organized individual.-  Ability to handle many duties with time sensitive deadlines.-  Strong overall communication and time management skills.-  Strong analytical skills, with proficiency in Microsoft Excel-  Good operating knowledge of Microsoft Office (Word, PowerPoint, Outlook).-  Strong sense of initiative and discretion due to highly confidential nature of work.Ability to work within team environmentSunPower offers an attractive compensation package that consists of a competitive salary and equity. The company offers an array of employee benefits. If you are interested in being part of our family, please apply online at http://www.sunpowercorp.com/careers .  No phone calls please.