Equity Compensation Administrator
4 weeks ago
About the Role
The Equity Compensation Plan Administrator is responsible for administering all of Magna's equity-based compensation plans for the Board of Directors, senior leaders, and other employees. This role involves maintenance and reporting of outstanding share capital, as well as insider reporting.
Your Responsibilities
- Execute the transition from Excel-based equity compensation processes to a third-party platform.
- Day-to-day administration of Executive stock option and Performance Stock Unit (PSU) grants, exercises/redemptions, and cancellations.
- Handling of non-Executive employees' Restricted Stock Unit (RSU) grants, redemptions, and cancellations.
- Coordination with applicable Payroll, Tax, HR, Legal, and other personnel in connection with the above.
- General compensation forecasting and analysis.
Requirements
- University degree in a relevant field.
- 3+ years of work-related experience.
- Attention to detail and ability to handle multiple tasks.
- Excellent communication skills (verbal and written).
- Highly organized and efficient in managing workload.
- Collaborative team player with the ability to work independently.
Preferred Qualifications
- Familiarity with stock-based compensation terms and concepts.
- Experience in compensation forecasting and administration.
- Proficiency with Excel and third-party tech platforms such as Global Shares/ShareWorks.
About Magna
Magna is a mobility technology company that develops technologies, systems, and concepts to make vehicles safer and cleaner. We serve our communities, the planet, and people. Our global, entrepreneurial-minded team is built to innovate and advance mobility in an expanded transportation landscape.
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