Depending on the role of the company and its
area of operation, the
stock certificate administration of a company may be of simple or of complex
nature, but the role of stock administrator is always intricate and requires
comprehensive expertise in the following key areas, to implement best practice
principles in this area of administration.
The role of the
stock certificate administer is to:
-Create and
maintain files that relate to the stock certificates
-Develop
administration and security procedures
-Process stock
certificate events such as issuance, exchanges etc.
-Work as a bridge
between HR, Payroll, Accounting, Legal and tax matters of the company.
-Communicates
between external sources like escrow agent, brokers and transfer agents, if
applicable.
-Provide
stockholder
reporting and management reports.
-Develop a
communication strategy for the announcement and delivery of the stock
certificates
-Develop financial
scenarios of potential stock issuances
-Plan for any
mergers or acquisitions and the implications on the stock certificate program
-Research what
other competitors are doing to provide equity compensation to their employees
-Value the stock
on a periodic basis
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