Manager, Compliance & Internal Controls NA

Magna International Inc.; Aurora; On-site; CAD 153,000 - 187,000; Full time

Job summary

Magna International Inc. (Magna Powertrain) seeks a senior finance/audit professional to oversee North American SOX compliance and internal control programs. The role partners across divisions to ensure accurate financial reporting and robust controls, driving process improvements.

The position involves remediation management, cross‑functional training, policy design, and quarterly certification activities with travel up to 25% in a manufacturing environment.

Qualifications

• Bachelor’s degree in Finance or related field; CPA designation required.
• 7–10 years of experience in corporate audit/finance in manufacturing.
• Knowledge of US GAAP and Sarbanes‑Oxley 404.
• Experience with SAP, Trans4M, OneStream is an asset.
• Spanish language skills considered an asset.
• Willingness to travel ~25% domestically/internationally.

Responsibilities

• Manage North American SOX/compliance across locations and internal controls.
• Coordinate IT remediation timelines and deliverables with regional IT leads.
• Oversee quarterly 302 certification across divisions using internal tool.
• Lead internal audit follow‑up with on‑site reviews and action plan tracking.
• Provide guidance on accounting policy and remediation items.
• Lead SOX documentation for new North American entities.

Skills

Corporate audit/finance

SOX/compliance

US GAAP

Internal controls

Policy design

Education

Bachelor’s degree in Finance (CPA)

Tools

SAP

Trans4M

OneStream

Job description

Job descriptions may display in multiple languages based on your language selection. 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. Group Summary: Transforming mobility. Making automotive technology that is smarter, cleaner, safer and lighter. That’s what we’re passionate about at Magna Powertrain, and we do it by creating world‑class powertrain systems. We are a premier supplier for the global automotive industry with full capabilities in design, development, testing and manufacturing of complex powertrain systems. Our name stands for quality, environmental consciousness, and safety. Innovation is what drives us and we drive innovation. Dream big and create the future of mobility at Magna Powertrain.

Job Responsibilities

Salary : Starting at $120,000 Annually + Discretionary Bonus

Key Responsibilities

• Manage MPT’s North American efforts with Magna’s SOX and compliance processes; including the coordination of testing for identified in-scope SOX locations and the completion of internal control assessments.
• Manage IT remediation efforts by establishing timelines and deliverables for the regional IT leads.
• Coordinate the quarterly 302 certification process across all sub‑groups and all divisions using our internal certification tool.
• Assist in the quarterly compliance certification process; through reporting of new issues and status of previously reported issues.
• Lead MPT NA’s internal audit follow‑up process by conducting on‑site reviews, driving action plan timing and completeness, maintaining appropriate documentation and reporting quarterly.
• Provide guidance and direction on accounting policy, internal control design and remediation items through best practices.
• Lead internal control and compliance integration for new North American entities.
• Assist in the design and deployment of MPT’s internal compliance reporting.
• For new entities, lead the SOX documentation process and assist in keeping current.
• Communicate and provide required training to divisions for internal control framework changes required by Magna.
• Perform annual balance sheet reviews through a standard review format (Controller’s Model File).
• Perform quarterly reviews of high risk/high profile divisions.
• Lead ad hoc internal control and compliance reviews as issues arise, including the coordination of multifunctional teams if necessary.
• Participate in business process and/or system design reviews from both a finance and internal controls perspective.
• Assist in other integration activities for internal controls and compliance, as deemed appropriate.
• Follow Magna’s Code of Conduct and Ethics and related compliance policies.
• Additional duties and responsibilities as assigned.

Customers and Business Interfaces

Work with all levels of management across all functions as required. Liaise between the IA department and MPT North American divisions for scheduling of audits. Liaise with Magna’s Compliance department on new requirements for deployment.

Requirements and Qualifications

• Bachelor’s degree in Finance or a related field; CPA designation required.
• 7 to 10 years of experience in corporate audit, finance, accounting and/or project management within a manufacturing environment.
• Demonstrated knowledge and understanding of US GAAP and Sarbanes‑Oxley 404 requirements.
• Experience with SAP, Trans4M, OneStream and other financial applications is considered an asset.
• Fluency in Spanish is considered an asset.
• Highly organized and deadline‑oriented, with the ability to coordinate indirect teams to meet internal and external deadlines.
• Ability to travel domestically and internationally approximately 25% of the time.

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.

AI‑Assisted Screening Disclosure

As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies. Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision‑making. If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.

Worker Type: Regular / Permanent

Group: Magna Powertrain

We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. In the right environment, your ideas can turn into industry‑changing automotive technologies and improve the lives of people around the world. Let's create the future of mobility, together. Learn more about us: Sustainability Innovation Interview‑Tips