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Job Description
Lead - ESOP AdministratorJOB OVERVIEW: Manage all activities related to the issuing and administration of the Employee Stock Ownership Plan, ensuring smooth allocation, transactions, and compliance. Collaborate with the secretarial team and communicate effectively with employees about the ESOP program.

KEY STAKEHOLDERS: INTERNAL Human Resources, Employees, Compliance, Finance

KEY STAKEHOLDERS: EXTERNAL External vendor for ESOP administration, CA, Trust Bank account

REPORTING STRUCTURE:
Reports to Global Head - Total Rewards

EXPERIENCE:
- 6-7 years of experience in ESOP administration or related fields, preferably in a corporate environment.
- Understanding of the ESOP regulations and tax laws in India, overseas experience is a plus.
- Experience working with ESOPs in a publicly listed company.
- Knowledge of working with stock transfer agents and managing employee share schemes.
- Prior experience in a liaison role between legal, finance, and HR teams •Experienced in handling confidential information

SKILLS AND COMPETENCIES




- Liaising: Networking and relationship-building with external stakeholders.
- Communication: Solid written and verbal communication skills for diverse audiences.
- Analytical Thinking: Proficient in risk assessment and problem-solving.
- Technology Proficiency: Familiarity with online ESOP administration tool.
- Timeliness: Adherence to timelines on ESOP related transactions.

KEY ROLES & RESPONSIBILITIES
- ESOP Allocation & Transactions: Work on the development of ESOP plan for all businesses & related documentation for grants of options to employees oversee the allocation of ESOPs to eligible employees, ensuring the process is fair, transparent, and in accordance with the company’s policies.
- Manage the ESOP exercise process, including the issuance of options, handling transactions, and documentation.
- Work closely with internal teams to ensure smooth implementation of stock option transactions.
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📌 Lead - ESOP Administrator (Mumbai)
🏢 Piramal Pharma
📍 Mumbai