Payroll and Stock Administration Analyst

Sanmina Corporation (Nasdaq: SANM) is a leading integrated manufacturing solutions provider serving the fastest-agrowing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina Corporation provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, defense and aerospace, industrial and semiconductor systems, medical, multimedia, computing and storage, automotive and clean technology sectors. Sanmina Corporation has facilities strategically located in key regions throughout the world.

This is an ITAR facility and applicant must be a US Citizen or a lawful permanent resident.

Financial Analyst

The Payroll and Stock Administration Analyst will provide assistance in the accurate and timely processing of the company's multi-state payroll, ensuring full compliance with federal, state, and local regulations. This role will also provide assistance with the day-to-day administration of the company's equity plans, including stock awards, vesting,

and reporting. The analyst will play a key role in maintaining data integrity across HRIS, payroll, and equity systems, and will contribute in financial analysis and SOX compliance regarding these areas.

Key Responsibilities

• Payroll Processing & Compliance
• Ensure the accurate and timely processing of multi-state U.S. payroll for all employee types (hourly and salary).
• When needed audit, research, and resolve payroll discrepancies, ensuring all transactions are compliant with federal, state, and local wage and hour laws.
• Maintain accurate records of employee compensation, tax withholdings, and deductions (including garnishments, benefits, and retirement).
• Assist with quarter-end and year-end procedures, including balancing wages and W-2 configuration to ensure accuracy before filing.

Stock Administration

• Provide assistance with the administration of the company's equity compensation plans (e.g., stock options, RSUs, PSUs) using the stock administration platform (e.g., E*Trade).
• Process and manage day-to-day equity workflows between the stock platform and payroll, including vesting's, and reconcile any discrepancies.
• Assist with trade clearances, 10b5-1 plan reviews, and participant communications during open trading windows.
• Ensure all stock transactions are documented and compliant, and assist with stock-based compensation financial reporting (e.g., ASC 718 expense).
• Run ad-hoc reports for participants and other stakeholders upon request.
• Systems and Process Improvement
• Maintain the integrity, confidentiality, and accuracy of Payroll, HR, and Stock Administration files and records.
• Ensure timely and accurate documentation to remain in compliance with SOX procedures and controls within the payroll and equity workflows.
• Collaborate with HR, Finance, and IT teams to identify, test, and drive process improvements and system enhancements.
• Provide excellent customer service to employees, answering payroll and equity-related questions in a timely and professional manner.

Qualifications

• Bachelor's degree in Accounting, Finance, Business, or a related field.
• Payroll processing and administration experience required, and equity/stock administration experience a plus, but not required.
• Working knowledge of U.S. multi-state payroll tax regulations and wage and hour laws.
• Experience with a major payroll system (e.g., ADP, Workday) and a stock administration platform (e.g., E*Trade).
• Exceptional organizational skills and meticulous attention to detail to evaluate information and ensure data accuracy.
• Proficient to advanced skills in Microsoft Excel (or Google Sheets) for data analysis, reporting, and reconciliation.
• Ability to handle sensitive and confidential information with the utmost discretion and professionalism.
• Excellent communication skills both written and verbal.

Sanmina is an Equal Opportunity Employer