Full-Time
Software Engineering
Manager, Title & Registration
Element Fleet Management
1,001-5,000 employees
Fleet management, leasing, and technology solutions
Compensation Overview
$111.1k - $152.8k/yr
Toronto, ON, Canada
In Person
Office relocation from Mississauga to Toronto planned for September 2026.
 Engineering Management (1) |
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- Bachelor's or Master's degree in Computer Science, Engineering, or related discipline.
- 12+ years of software engineering experience.
- 5+ years leading engineering teams or managing application delivery.
- Proven experience delivering enterprise-scale cloud applications on AWS.
- Experience designing distributed systems and microservices.
- Strong understanding of modern software architecture and cloud-native design principles.
- Lead solution architecture and technical design for cloud-native applications.
- Define scalable, secure, and maintainable application architecture aligned with enterprise standards.
- Drive engineering best practices, coding standards, design reviews, and technical governance.
- Mentor development teams and foster engineering excellence.
- Lead full-stack application development using Python, FastAPI, TypeScript, and modern JavaScript frameworks.
- Design reusable services, microservices, scalable REST APIs, and event-driven integrations.
- Design and implement solutions on AWS while leveraging managed services for compute, storage, messaging, security, and monitoring.
- Optimize applications for performance, scalability, reliability, and cost.
- Drive Agile delivery processes by facilitating sprint planning, stand-ups, retrospectives, and ensuring effective development workflows, including continuous integration, deployment, and testing practices.
- Drive CI/CD automation, Infrastructure as Code practices, collaborate with DevOps teams, and support the MLOps lifecycle including model deployment, monitoring, and governance for AI-enabled solutions.
- Experience delivering AI-enabled business solutions.
- Strong communication and stakeholder management skills.
- Ability to translate business requirements into technical solutions.
- Effective collaboration across distributed and cross-functional teams.
- Solid understanding of software development lifecycle and Agile methodologies.
Element Fleet Management provides tailored fleet solutions for businesses and government entities to manage and optimize automotive fleets. Its services cover cost management, driver productivity, vehicle uptime, fleet electrification, and technology solutions, along with leasing options. The offering combines advisory services, data-driven insights, and flexible financing to help clients decide between leasing and purchasing vehicles. The company earns revenue through service fees, leasing agreements, and technology solutions, creating multiple income streams. It differentiates itself through a strong emphasis on sustainability and supplier diversity, transparent reporting, and actionable data that clients can use to make informed decisions. The goal is to help clients reduce costs, improve fleet uptime, and transition to sustainable fleets while delivering reliable service across industries from logistics to corporate and government fleets.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Toronto, Canada
Founded
1946
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Simplify's Take
What believers are saying
- Q1 2026 record net revenue of $324M surged 17% YoY with adjusted ROE hitting a milestone 20.3%.
- The $670M ABS offering reduced debt-to-capital to 74.9%, diversifying funding sources since June 26, 2026.
- Identified over $1.6B in cost savings for clients across managed fleets, validating its data-driven optimization model.
What critics are saying
- High 74.9% debt-to-capital ratio makes Element acutely sensitive to interest rate spikes, risking $60M+ annual financing cost increases.
- Waymo partnership exposes Element to direct AV operational liability and technology failure risks in San Diego within 12–18 months.
- Car IQ acquisition introduces critical cybersecurity vulnerabilities where a single breach could disable North American payment processing and trigger regulatory fines.
What makes Element Fleet Management unique
- Element is the largest publicly traded pure-play automotive fleet manager globally, managing 1.57 million vehicles.
- It offers an integrated model combining long-term lease financing with capital-light services and syndication capabilities.
- Element Mobility led the first scaled vehicle-initiated payments platform via Car IQ acquisition and Waymo autonomous partnership.
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Benefits
Health Insurance
Comprehensive health and welfare benefits
Paid Time Off
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -3%Element's Custom Fleet strengthens partnership with Carbn to accelerate connected mobility across Australia and New Zealand. Custom Fleet, Element's fleet management and mobility business in Australia and New Zealand (ANZ), recently announced it is strengthening its partnership with Carbn Group, advancing Element's strategy to deliver connected, sustainable and data-driven mobility solutions globally. As part of this next phase of collaboration, Carbn is now a subsidiary of Custom Fleet, bringing the two businesses in closer alignment to accelerate innovation in fleet management, connected technology and mobility services for clients across Australia and New Zealand. "This is a natural next step in our partnership with Carbn," said Chris Tulloch, President of Custom Fleet. "By bringing our businesses closer together, we can move faster, align more closely and deliver even greater value for our clients across the full fleet and mobility lifecycle." Carbn is a leading sustainable mobility company in Australia and New Zealand, helping organizations reduce fleet costs and emissions through technology, mobility services and fleet financing solutions. Together, Custom Fleet and Carbn will combine fleet expertise, connected technologies and mobility innovation to help clients improve operational efficiency, reduce emissions and make more informed transportation decisions. "Energy security, cost and emissions are no longer distant issues. They're immediate pressures," said Shaun Drylie, CEO of Carbn Group. "Electric, connected mobility is how forward-thinking organizations are taking back control. Carbn was built to challenge fragmented mobility solutions, and joining forces with Element's Custom Fleet gives us the best of both worlds: the freedom to disrupt, backed by the scale and expertise to deliver." Clients will continue to receive the same high level of service and support while benefiting from enhanced capabilities, faster innovation and more integrated fleet and mobility solutions. The strengthened partnership expands Element's ability to deliver intelligent mobility solutions in Australia and New Zealand while supporting the company's broader commitment to helping clients build more connected, efficient and sustainable operations worldwide. About Element Fleet Management Element Fleet Management (TSX: EFN) is the largest publicly traded pure play automotive fleet manager in the world and a global leader in intelligent fleet and mobility solutions. Guided by its Purpose to Move the world through intelligent mobility, Element Fleet Management Corp. help clients manage the vehicles, data, technology, and decisions that keep their businesses moving. Fleet is its foundation, and intelligent mobility is how Element Fleet Management Corp. lead. By combining deep fleet expertise with connected technologies, data driven intelligence, and strategic partnerships, Element helps clients lower total cost of ownership, improve uptime and driver experience, and build more resilient operations. Element manages over 1.5 million vehicles globally and leverages this scale and data to help clients optimize performance, identifying over $1.6 billion in cost savings opportunities across its clients' fleets in the past year. Through Element Mobility, Element Fleet Management Corp. is advancing its leadership into the next era of intelligent mobility to deliver measurable business outcomes for its clients. For more information, visit: https://www.elementfleet.com About Custom Fleet Custom Fleet is one of Australia and New Zealand's leading fleet management and mobility companies, helping organisations optimise fleet performance, improve productivity and achieve their sustainability goals. Backed by Element Fleet Management, the world's largest publicly traded fleet management company, Custom Fleet delivers end-to-end fleet solutions, data-driven insights and innovative mobility services to customers across Australia and New Zealand. For more information, visit www.customfleet.com.au or http://www.customfleet.co.nz About Carbn Carbn is a sustainable mobility company helping organizations reduce fleet costs and lower emissions through technology, data insights, mobility services and fleet financing solutions. Operating across Australia and New Zealand, Carbn supports businesses to transition to smarter, more efficient and lower-emission mobility outcomes. For more information, visit www.carbn.nz
Element Fleet Management has announced a definitive agreement to acquire Car IQ, a San Francisco-based connected vehicle payments company. The deal creates what Element describes as the fleet industry's first scaled platform for intelligent, vehicle-initiated payments. Car IQ's technology enables vehicles to autonomously initiate, authenticate and complete transactions with merchants, eliminating physical cards, PINs and manual reconciliation. The company will operate as a subsidiary of Element Mobility, immediately expanding Element's digital payments capabilities across the United States and Canada. The acquisition advances Element's position as a leading connected-fleet ecosystem in North America. Integration of Car IQ's technology will provide Element's clients with enhanced controls, reduced fraud exposure, real-time spend visibility and simplified operations across its full suite of fleet management solutions.
Element to acquire Car IQ. Acquisition accelerates Element Mobility's strategy and advances the Company's position as the leading connected-fleet ecosystem in North America Element Fleet Management Corp., the largest publicly traded, pure-play automotive fleet manager in the world, announced a definitive agreement to acquire Car IQ, a San Francisco - based technology company and pioneer in connected vehicle payments. The acquisition brings to market the first vehicle-initiated payments technology embedded directly into a full-suite fleet management ecosystem. It also enables Element to offer clients access to its full suite of connected mobility, data, and fleet management solutions, integrated with digital payments capabilities. Car IQ will operate as a subsidiary of Element Mobility and immediately expand Element's digital payments roadmap across the United States and Canada. Car IQ's technology enables vehicles to autonomously initiate, authenticate, and complete transactions with merchants, eliminating physical cards, PINs, and manual reconciliation. Integrating this capability into Element's platform will provide its clients with stronger controls, reduced fraud exposure, real-time spend visibility, and materially simplified operations. "Digital payments is an important pillar of our Element Mobility strategy," said Kobi Eisenberg, President, Element Mobility and Autofleet. "It enhances our connected ecosystem and positions us to deliver a seamless, digital payments experience, enabling clients to operate more efficiently, streamline transactions, and unlock new opportunities across their mobility lifecycle." Together, Element and Car IQ will combine their complementary strengths: Element's scale, distribution, and client relationships with Car IQ's breakthrough vehicle identity and payments innovation. This creates an end-to-end platform that redefines how fleets connect, transact, and move in an increasingly digital and autonomous world. "Car IQ was built to enable vehicles to seamlessly interact with the physical world," said Sterling Pratz, Founder and CEO of Car IQ. "By joining Element, we can accelerate adoption and deliver a broader suite of payment capabilities to more fleets. Together, we will modernize how vehicles pay for everyday services and unlock new data-driven value for clients." The transaction is subject to customary closing conditions and is expected to close in December 2025. Car IQ will continue innovating within Element Mobility, advancing the next generation of intelligent payments and connected-vehicle data solutions that simplify fleet operations and drive long-term value.
Element Fleet Management announced a private offering of $500 million in Senior Notes due 2030, with a 4.641% interest rate. The proceeds will support working capital, general corporate purposes, and potentially repay existing debts. The offering targets qualified institutional buyers and non-U.S. persons, ensuring compliance with securities laws. The expected closure date is November 24, 2025.
Element Fleet Management announced a private offering of $500 million in 4.641% Senior Notes due 2030. The proceeds will be used for working capital and general corporate purposes, potentially including debt repayment. The offering, closing on November 24, 2025, is limited to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. The Notes are not registered under the Securities Act and are exempt from Canadian prospectus requirements.