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

Posted Yesterday
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Aurora, ON
Hybrid
Senior level
Automotive • Hardware • Robotics • Software • Transportation • Manufacturing
Dream big. With Us. Let's create the future of mobility, together.
The Role
The Manager, Professional Practices will enhance Magna's Internal Audit by managing audit methodology, tools, and resources for effective execution of audit plans. The role involves preparing the Annual Risk Assessment, developing audit plans, reporting audit activities, and identifying process improvements in internal audits.
Summary Generated by Built In

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.

What the Team is Saying

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The Company
HQ: Aurora, Ontario
171,000 Employees
Hybrid Workplace
Year Founded: 1957

What We Do

We are a mobility company that innovates like a start-up and thinks like a technology company. This helps us anticipate change in one of the most complex industries in the world and respond quickly. We depend on a team of 171,000 dynamic, entrepreneurial-minded employees in an environment where great ideas flourish. Our presence spans 343 manufacturing operations and 88 product development, engineering and sales centers in 29 countries.

We understand that you need a career as unique as you are. Whether you want to advance your existing expertise or try something completely different, we are committed to your growth.

Why Work With Us

At Magna, our engineering team is advancing mobility for everyone and everything. Joining this team means being a part of the design, development, and manufacturing of the world’s most advanced mobility technology. Innovations that move families, shape communities, and improve lives. You can follow your passions and shape your own career path.

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Magna International Teams

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Organized for Innovation
About our Teams

Magna International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Majority of roles are hybrid with flexibility. Please speak with our recruiting team for specific details on hybrid work.

Typical time on-site: Not Specified
HQGlobal Headquarters - Aurora, Ontario, Canada
Bangalore, Karnataka, India
Graz, Austria
Lowell, Massachusetts
Monterrey, Mexico
Munich, Germany
Pune, Maharashtra, India
Sailauf, Germany
Saltillo, Mexico
US Headquarters - Troy, Michigan
Learn more

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