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Toku
Token Plan Administrator
at Toku
about 1 month ago | 107 views | Be the first one to apply

Token Plan Administrator

Full-time
United States

About the company

Crypto has had tremendous growth over the last several years. That growth comes with inevitable regulation. Regulation, in our view, is a good thing because once the industry passes through this phase, then crypto can access the rest of the world. We believe it’s going to be the companies that enable this transition from the pre-regulation to post-regulation industry and the companies that can properly navigate it, or better yet, be the ones that facilitate it - those are the most relevant companies in this next wave. Toku will be one of those companies. Toku’s products enable crypto-native companies to compliantly compensate their teams in both fiat and tokens in over 100 teams globally. Toku’s growing list of customers includes Aragon, Astar, dYdX, Filecoin Foundation, Gitcoin, Gnosis, Hedera Hashgraph, Mina, Protocol Labs, Teller, Safe, Storyverse, and others. Paying people with tokens is such an obvious first real-world use case of any token. It doesn’t matter what the token does. All tokens can be used to compensate workers. And in fact, are! Toku ensures that all the worker compensation that all those tokens need to do can be done legally, and proper taxes paid is a critical part of the transition to a post-regulation crypto industry. Toku raised $20 million from a consortium led by Blockchain Capital with Protocol Labs, GMJP, OrangeDAO, Orrick, Reverie, Quantstamp, Next Web Capital, and prominent angel investors including Protocol Labs founder Juan Benet and Alchemy co-founders Nikil Viswanathan and Joe Lau. Read more about Toku in Fortune, Yahoo Finance, and CoinDesk.

Job Summary

Key Responsibilities

📍Administer Token Plans: Manage the day-to-day operations of token option plans, Restricted Token Awards (RTAs), Restricted Token Units (RTUs), and other token incentive plans. 📍Compliance and Reporting: Ensure compliance with relevant regulatory requirements, prepare financial and regulatory reports. 📍Granting and Tracking: Oversee the granting of token awards maintain accurate records of equity grants, vesting schedules, and exercises. 📍Client Facing Communication: Serve as the primary point of contact for customers regarding token compensation, providing education and addressing questions. 📍Cross-Functional Collaboration: Work closely with the founders, engineering, product, finance, legal, and payroll to integrate token programs with other systems and processes. 📍Process Improvement: Continuously enhance administration processes and systems to improve efficiency and accuracy. 📍Data Analysis and Reporting: Analyze equity compensation data and prepare reports for management, offering insights on program effectiveness. 📍Additional Responsibilities: Support various other tasks and projects as needed in our fast-paced startup environment.

Qualifications

📍Bachelor's degree in finance, accounting, business administration, or a related field. 📍3+ years of experience in stock plan administration or a related role. 📍Strong understanding of equity compensation plans and regulatory requirements. 📍Excellent organizational and communication skills. 📍Ability to work independently and manage multiple priorities in a fast-paced startup environment. 📍Detail-oriented with a high level of accuracy. 📍Flexibility and willingness to take on diverse responsibilities as needed.

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