Equity Compensation Specialist
3 weeks ago
The Equity Compensation Plan Administrator plays a critical role in supporting the Corporate Secretary in administering all of Magna's equity-based compensation plans for the Board of Directors, senior leaders, and other employees. This position is responsible for the day-to-day administration of executive stock options, performance stock units, and restricted stock units, as well as maintenance and reporting of outstanding share capital and insider reporting.
Key Responsibilities- Execute the transition from Excel-based equity compensation processes to a third-party platform.
- Administer executive stock option and performance stock unit grants, exercises, redemptions, and cancellations.
- Handle non-executive employees' restricted stock unit grants, redemptions, and cancellations.
- Coordinate with payroll, tax, HR, legal, and other personnel in connection with the above.
- Provide general compensation forecasting and analysis.
- 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.
- 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.
Magna is a mobility technology company built to innovate, with a global, entrepreneurial-minded team. 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.
What We Offer- Hybrid work policy.
- Wellness programs and events.
- On-site cafeteria.
- Parking for electric vehicles.
- Access to private park for employees and their families.
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Aurora, Ontario, Canada Magna Full timeAbout the RoleThe Equity Compensation Plan Administrator plays a critical role in supporting the Corporate Secretary in administering Magna's equity-based compensation plans for the Board of Directors, senior leaders, and other employees. This position is responsible for the day-to-day administration of executive stock options, performance stock units, and...
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Aurora, Ontario, Canada Magna Full timeAbout the RoleThe Equity Compensation Plan Administrator plays a critical role in supporting the Corporate Secretary in administering Magna's equity-based compensation plans for the Board of Directors, senior leaders, and other employees. This position is responsible for the day-to-day administration of executive stock options, performance stock units, and...
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Aurora, Ontario, Canada Magna Full timeAbout the RoleThe Equity Compensation Plan Administrator plays a critical role in supporting the Corporate Secretary in administering Magna's equity-based compensation plans for the Board of Directors, senior leaders, and other employees. This position is responsible for the day-to-day administration of executive stock options, performance stock units, and...
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