Equity Compensation Administrator

2 weeks ago


Aurora, Ontario, Canada Magna Full time

About the Role

The Equity Compensation Plan Administrator at Magna is responsible for administering all of the company's equity-based compensation plans for its Board of Directors, senior leaders, and other employees. This role involves day-to-day administration of Executive stock option and Performance Stock Unit (PSU) grants, exercises, redemptions, and cancellations, as well as handling non-Executive employees' Restricted Stock Unit (RSU) grants, redemptions, and cancellations.

Your Responsibilities

  • Execute the transition from Excel-based equity compensation processes to a third-party platform.
  • Coordinate with Payroll, Tax, HR, Legal, and other personnel in connection with equity compensation administration.
  • Provide 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.

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 are a global, entrepreneurial-minded team with 65+ years of expertise in the automotive space.



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