Manager, Professional Practices, Internal Audit (18-month Contract)

October 9 2024
Industries Vehicles (parts, sales, maintenance)
Categories Accounting, Finance,
Aurora, ON • Full time

Group Description

At Magna, we create technology that disrupts the industry and solves big problems for consumers, our customers, and the world around us. We're the only mobility technology company and supplier with complete expertise across the entire vehicle.

We are committed to quality and continuous improvement because our products impact millions of people every day. But we're more than what we make. We are a group of entrepreneurial-minded people whose collective expertise gives us a competitive advantage. World Class Manufacturing is a journey and it's our talented people who lead us on this journey.

About the Role

The Manager, Professional Practices position is designed to support Magna's Internal Audit Professional Practices group for organizational effectiveness and continuous improvement of the Internal Audit methodology, tools and resources available to the auditor group for value-add execution of the audit plan, management requested engagements and special projects. The Manager also has responsibility for the annual risk assessment and audit plan and audit methodology.

The role is well suited to an experienced professional with internal or external audit or internal controls experience in the automotive manufacturing space, and generally, having a solid technical background and sound understanding of Internal Audit Professional Auditing standards. A successful candidate has excellent people skills, high standards of professionalism and demonstrates thoughtful problem solving while multitasking and thriving in a fast-paced environment.

Your Responsibilities

  • Managing a team of 2-3 staff members for seamless execution of the administrative aspects of the Professional Practices responsibilities including Internal Audit communications, audit engagement administration with compilation of various pre-audit documents from various Magna Systems and maintenance of the Audit Management Software.
  • Preparation of the Annual Risk Assessment and assists with development and communication of the Global Internal Audit Plan to ensure the plan is responsive to and aligned with the risk profile of Magna and its businesses.
  • Preparation of Quarterly and Annual reporting of Internal Audit activity and results to Management, Executive and Audit Committee.
  • Regular, as well as specific update, of Audit testing programs and pilot testing programs, to address new or emerging risks or to adapt with change of control environments, finance, business or operational policies or minimum controls, including training and collaboration with Audit teams through implementation.
  • Seeks to identify process improvement opportunities within the internal audit process and assists in planning and implementation of continuing professional development activities for Internal Audit team to ensure ongoing effectiveness.
  • Other activities assigned by Management or Department Leadership.

Who we are looking for

  • Strong knowledge of internal auditing and controls standards.
  • Excellent interpersonal and communication skills, written and verbal.
  • Ability to work independently, manage multiple projects, and meet deadlines with a strong work ethic.
  • Demonstrate a high level of integrity and ability to work with and protect confidential information.

Your preferred qualifications

  • 6-8 years of multinational experience in internal audit or internal controls, preferably in the manufacturing industry.
  • Bachelor's degree required, CPA and/or CIA certification preferred.
  • Proficiency with Microsoft Office Suite of Software, especially PowerPoint and Excel.
  • Accommodations for disabilities in relation to the job selection process are available upon request.
  • Candidates will be required to complete a Criminal Records Check, and if deemed necessary, a Credit Check as part of the candidate selection process.

What we offer

At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.

Site Benefits

  • Hybrid work policy
  • Wellness programs and events
  • On-site cafeteria
  • Parking for electric vehicles
  • Access to private park for employees & their families

Awareness. Unity. Empowerment.

At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.

Apply now!

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