Role Summary

The Senior Manager, Americas Audit & Global Investigations will report to the Vice-President, Internal Audit. This role’s responsibilities are two-fold – Firstly, leading the Americas Internal Audit team with footprint between Aurora, Canada, Troy, Michigan, and Mexico for execution of the Company’s Internal Audit plan to ensure effectiveness and compliance with policies, processes and internal control frameworks surrounding financial statements and related controls, business risk management, legal compliance, and ethics & integrity.

The Senior Manager, Americas Audit & Global Investigations will also build an Audit team in the Troy, Michigan office and focus on development of the staff for the entire Americas region. Secondly, the role is responsible for managing the Global Audit Investigator Team in conducting forensic audits and/or internal investigations and ensuring that ethics and compliance concerns raised by employees, Management, business partners, Internal Audit or third parties are promptly and thoroughly investigated and appropriately remediated.

Problem solving, superior organization skills, diplomacy, and ability to develop and manage people are important to this role.

Key Responsibilities

Audit, Execution and Regional Management

• Manage a team of 10-15 Auditors located in Canada, US, and Mexico
• Review the proposed audit plan for the region to ensure the plan is responsive to and aligned with the risk profile of Magna and its businesses
• Take ownership of the audit plan for the region and manage the Regional staff planning activities, ensuring infrastructure, staff numbers and skill mix support to execute the plan
• Establish the risk-based audit program and scope for each financial audit engagement or project
• Manage the execution of internal audit activities including SOX testing, projects, and specified procedures
• Review audit work completed by staff for sufficiency of scope and accuracy and to ensure Internal Auditors are performing work in accordance with established professional standards
• Review audit issues to ensure internal control weaknesses and root causes are identified, properly defined, documented and audit reports provide value to management
• Assess the overall internal control environment using audit findings and audit documentation
• Achieve high acceptance and implementation of audit recommendations by management
• Develop strong business relationships with key leaders of Magna’s Groups and Divisions to be able to conduct audits effectively
• Identify and communicate regional business risks and relevant business information to Internal Audit Management, ensuring country specific risks are considered in development of the audit plan
• Counsel Internal Auditors and assist with performance evaluation and career development recommendations for the team members

Investigations

• Work with the Vice President, Internal Audit to execute Internal Audit’s strategy for investigations and fraud risk management
• Support the annual fraud risk assessment process
• Manage the execution of higher risk investigations in North America to ensure their timely execution, communication, and documentation in line with Departmental standards
• Engage cross functionally to conduct investigative research and analysis to produce well written due diligence reports on forensic audits and investigations
• Develop best practices for investigative processes, training, and reporting
• Work collaboratively with key stakeholders who have data responsibilities on implementing the use of forensic data analytics to identify transactions involving asset misappropriation, fraud, misstatement of financial statements or falsification of Company records

Key Qualifications/Requirements

• Bachelor’s degree in Accounting or related discipline
• 8-10+ years of work experience; including people management experience
• CPA or CIA required, CFE may be obtained after hiring

Skills and Competencies

• Strong knowledge of internal auditing and controls standards and extensive experience in conducting internal audits
• Strong interpersonal skills, with the ability to foster and develop strong relationships with stakeholders
• Exceptional communication skills, both written and verbal
• Ability to handle and diffuse situations of conflict
• Ability to face high levels of adversity during interviews at all levels
• Ability to effectively manage multiple projects and priorities simultaneously and meet deadlines
• Understanding of ERM systems, SAP and CMS considered an asset
• Basic to moderate level of understanding of data analytics and related software
• Ability to lead integration and execution into the risk assessment and audit programs

Additional Information

Work Environment

• Approximately 30% travel may be required depending on season, expect some of this may be overnight travel, between Mexico and Canada; Ability to travel to Canada and Mexico is a requirement
• Overtime may be required from time to time
• Accommodations for disabilities in relation to the job selection process are available upon request.

Awareness. Unity. Empowerment.

At Magna, we believe 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.