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Executive Compensation & Stock Plan Administrator

LifeStance

This is a Full-time position in Scottsdale, AZ posted October 26, 2021.

At LifeStance Health, we strive to help individuals, families, and communities with their behavioral health needs.

Everywhere.

Every day.

It’s a lofty goal; we know.

But we make it happen with the best team in behavioral health. 

Thank you for taking the time to explore a career with us.

As the fastest growing behavioral health practice group in the country, now is the perfect time to join our corporate team!

LIFESTANCE OVERVIEW

LifeStance Health (NASDAQ: LFST) is one of the nation’s largest providers of virtual and in-person outpatient mental health care for children, adolescents and adults experiencing a variety of mental health conditions.

LifeStance Health is based in Scottsdale, Arizona.

Our Vision: A truly healthy society where mental and physical healthcare are unified to make lives better.

Our Mission: To help people lead healthier, more fulfilling lives by improving access to trusted, affordable and personalized mental healthcare.

Our Values:

Delivering Compassion 
– We care for people unconditionally and act with empathy always.

Building Relationships 
– We are collaborative, building enduring relationships to achieve more together.

Celebrating Difference 
– We respect the diversity of every individual’s lived experiences.

Since LifeStance Health was founded in 2017, we have grown to more than5,000 clinicians and team members serving patients in more than 450 locations.

We acquire clinical practices and open new locations across the country, with thousands of new clinicians joining our mission every year.

We are reimagining mental health.

Learn more at  .

ROLE OVERVIEW

As a newly public company, LifeStance is developing and implementing compensation programs to attract, reward and retain top talent to achieve our mission.

The Executive Compensation Manager will have the opportunity to make a major impact on compensation programs and the financial wellbeing of clinicians and team members participating in our incentive plans.

One of the primary responsibilities of the Executive Compensation & Stock Plan Manager will be to administer the Clinician Long-Term Incentive Plan, an annual stock award program with thousands of eligible participants.

In addition, the Executive Compensation & Stock Plan Manager will evaluate compensation benchmark data for executives and senior management and administer annual and long-term incentive plans.

As the owner of all stock-based compensation, this role will play a key role in facilitating our equity plan, maintaining plan compliance, and will act in close partnership with internal departments and external partners.

RESPONSIBILITIES

· Support the implementation of the Clinician Long-Term Incentive Plan, including participant eligibility, award agreements and related shareholder communications

· Support the implementation and administration of executive compensation programs and initiatives which include base, annual incentive and long-term incentive programs

· Prepare deliverables for the compensation committee meetings and respond to ad-hoc requests from senior management

· Forecast potential incentive compensation plan design changes and their financial impact

· Provide data to formulate recommendations for total compensation reviews based on compensation benchmarks, considering internal equity and external competitiveness

· Participate in compensation surveys to collect and analyze data to determine our position of pay to the market

· Manage annual compensation processes and audit HCM system to ensure compensation-related data are correct

· Stay abreast of the latest developments in the field of compensation management and maintain knowledge of Fair Labor Standards Act, Equal Pay Act, Securities and Exchange Commission regulations related to compensation to ensure compliance.

· Administer equity plans, including processing RSU and option grants, online grant process, exercises and releases, cancellations, and terminations

· Maintain custom reports and perform complex reconciliations to review accuracy of equity and transaction data

· In collaboration with accounting teams, conduct monthly, quarterly, and annual reconciliations of all equity-related transactions, including maintenance of the stock plan reserves

· Assist with employee training on, and policies related to, the equity program

· Respond to or direct inquiries and requests for information from executives, employees, investors, internal and external auditors, and regulators

· Provide reports for audit, tax, and legal/regulatory filing purposes (including all aspects of financial reporting as it relates to equity plans, i.e.

10Q, 10K, and annual proxy)

· Ongoing process improvements complying with SOX control requirements

SKILLS & EXPERIENCE

 

· Bachelor’s degree required

· 5+ years of experience in an equivalent role

· Thorough understanding of short
– and long-term incentive plans, concepts, and design

· Experience preparing Board and Compensation Committee materials

· In-depth practical knowledge of financial analysis techniques and methodologies

· Experience with a variety of stock plan products including Stock Options (ISO, NQSO, SAR), RSA, RSU, Performance Awards and ESPP plans

· Knowledge of ASC718 concepts (formerly FAS123R)

· Experience working directly with major third-party equity software systems and brokerage firms

· Advanced analytical ability and advanced Excel skills

· Attention to detail, strong organizational skills, and ability to prioritize and multitask in a fast-paced environment

· Excellent written, verbal, and interpersonal communication skills with an ability to communicate effectively with all levels of employees and internal/external partners.

· Qualified candidates must be legally authorized to be employed in the United States

· LifeStance is an EEO/Affirmative Action Employer and does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status

· Demonstrates awareness, inclusivity, sensitivity, humility, and experience in working with individuals from diverse ethnic backgrounds, socioeconomic statuses, sexual orientations, gender identities, and other various aspects of culture

About LifeStance Health 

LifeStance is a national provider of behavioral healthcare services focused on evidenced-based, medically driven treatment services for children, adolescents and adults suffering from a variety of mental health issues in an outpatient care setting, both in-person at its 400+ clinics nationwide and through its digital health telemedicine offering.

At LifeStance, patient care is paramount – the driving force in everything we do.

LifeStance is committed to state-of-the-art clinical excellence, to partnership and collaboration with other treating health care providers to ensure continuity of care, to utilization of data to individually tailor services for continual improvement in outcomes, and to empowering patients to make informed choices and help them achieve their goals.

This is offered in a compassionate and safe environment that provides education, support, and best practices in integrated care. 

LifeStance employs 4,000+ psychiatrists, psychologists, nurse practitioners, and licensed therapists to provide comprehensive mental health treatment services for patients of all ages.

Every LifeStance team member is dedicated to providing the utmost in compassionate care and treatment to serve the specific needs and concerns of each individual patient. To learn more, please visit  . 

LifeStance is an equal opportunity employer.

We celebrate diversity and are fully committed to creating an inclusive work environment for all our employees.