SummaryBy Outscal
Social Discovery Group seeks an Equity Program Manager to manage employee stock options, startup valuations, and equity dilution. Must have experience with cap tables, dilution calculations, and startup valuations. Strong analytical and communication skills are essential.
Social Discovery Group (SDG) is a global technology company that builds apps at the intersection of dating, social, and entertainment. The company's portfolio includes 70 social discovery platforms with a focus on AI, game mechanics, and video streaming. We actively support and invest in social discovery startups worldwide through our CVC fund.
More than 500 million people in 150 countries enjoy our products, and we strive to have ten times as many.
We solve the problem of loneliness, isolation, and disconnection with the help of digital reality.
Our digital nomad team of more than 1200 professionals works all over the world. Together, we are solving the prevalent problem of loneliness and shaping Social Life 3.0 — a new digital reality where people will be able to fulfill their needs for communication and attention from other people and artificial life forms.
Our teams of digital nomads live and work remotely from Cyprus, Malta, the USA, Thailand, Indonesia, Hong Kong, Japan, Australia, Poland, Israel, Turkey, Latvia and many others.
We have a brand new opening for an Equity Program Manager. You will play a pivotal role in developing and implementing an Employee Stock Option Plan (ESOP), conducting valuations of internal startup companies, assessing equity dilution, and balancing investor interests.
Your main tasks will be:
- Supporting the issuance of equities of start-up companies (inside our holding):
- calculation of equity value interim (if necessary), at the end of the year (annually);
- maintenance of records of equities issued to employees;
- documentary support of equity issuance to employees;
- support of equity buyback from employees (employee-employee and buyback);
- calculation and record-keeping of all bonuses, including bonuses in equities;
- automation of the issuance and accounting process;
- implementation of changes if necessary. - Supporting the issuance of product equities:
- record-keeping of all issued equities;
- documentation of issued equities with development of all necessary conditions and risk assessment (buyback, reputational risks, termination, investments, dilution, etc);
- approval of product/company valuation model;
- development and maintenance of cap tables;
- dilution calculation. - Participation in the development of an employee motivation system (KPI, bench, etc);
- Execution of C&B tasks: organizational design, development, and adjustment of motivation models and their further automation;
- Delivery of presentations, preparation of documents, and maintenance of settlement files for shareholders and employees in their area of responsibility.
We expect from you:
- Fluent in Russian and English (both)
- Similar experience from a finance, legal, or C&B background (preferably from high-growth startups or VC funds).
- Experience in running cap tables and dilution calculation.
- Experience in company/startup valuation.
- Good command of Excel and Google Sheets.
- Excellent analytical skills.
- Leadership.
- Presentation and communication skills.
- Ability to support arguments in negotiations with shareholders.
- Ability to talk about complex issues simply and concisely.
What we offer:
- REMOTE OPPORTUNITY to work full time;
- Vacation 28 calendar days per year;
- 7 wellness days per year (time off) that can be used to deal with household issues, to lie down and recover without taking sick leave;
- Bonuses up to $5000 for recommending successful applicants for positions in the company;
- Full payment for professional training, international conferences and meetings;
- Corporate discount for English lessons;
- Health benefits. If you are not eligible for corporate medical insurance, the company will compensate you with up to $ 1,000 gross per year per employee, according to the paychecks. This can be spent on self-purchase of health insurance or on doctor’s fees for yourself and close relatives (spouse, children);
- Workplace organization. The company provides all employees with an equipped workplace and all the necessary equipment (table, armchair, wifi, etc.) in our offices or co-working locations. In the other locations, the company provides reimbursement of workplace costs up to $ 1000 gross once every 3 years, according to the paychecks. This money can be spent on the rent of the co-working room, on equipping the working place at home (desk, chair, Internet, etc.) during those 3 years;
- Internal gamified gratitude system: receive bonuses from colleagues and exchange them for time off, merch, team building activities, massage certificates, etc.
Sounds good? Join us now!