Internal Audit Director - Fixed Term Contract

Infrastructure Ontario (IO), an Ontario crown corporation, provides a wide range of services to support the Ontario government’s initiative to modernize and maximize the value of public infrastructure and realty. IO has been recognized domestically and internationally for the way it does business and the success it has had with its major projects, real estate services, infrastructure lending, commercial projects, and development mandate. IO delivers some of the most complex, ambitious commercial and land development solutions for the Province and continues to evolve and expand its capabilities to maximize its public impact and deliver on its vision of creating a connected, modern and competitive Ontario.

Position Purpose:

The Internal Audit Director is responsible for executing internal audit engagements and providing independent, objective assurance over governance, risk management, and internal control processes, under the direction of the Vice President, Internal Audit. The role is responsible for delivering high-quality audit engagements, identifying enterprise risks and control gaps, and providing actionable recommendations to support improved performance and accountability. The Director supports the Vice President, Internal Audit by preparing audit materials and analysis for Audit Committee reporting and contributing to senior leadership discussions to ensure audit activities are aligned with organizational priorities and professional standards.

What You Will Do:

• Lead the planning and execution of internal audit engagements, including operational audits, compliance reviews, and special investigations. 
• Oversee audit fieldwork including reviewing workpapers, analysis, and documentation to ensure findings are evidence-based, accurate, and aligned with audit standards. 
• Prepare and present clear, concise audit reports with practical recommendations for senior leadership and the Audit Committee. 
• Identify, assess, and analyze enterprise risks, control deficiencies, and systemic issues across business functions. 
• Provide advisory support on risk mitigation strategies, process improvements, and control enhancements. 
• Contribute to the development and maintenance of the risk-based internal audit plan and support Audit Committee reporting. 
• Build and maintain strong relationships with senior leaders and stakeholders to support audit execution and adoption of recommendations. 
• Manage relationships with external audit providers and support continuous improvement of audit methodologies and practices. 

Who You Are:

• Professional designation such as CPA, CIA, or equivalent an asset.
• Several years of progressive experience in internal audit, risk management, or related fields within complex organizations. 
• Strong knowledge of internal control frameworks and audit standards (e.g., COSO, IIA). 
• Demonstrated ability to lead audit engagements and deliver evidence-based findings and recommendations. 
• Strong analytical and problem-solving skills with the ability to assess risk and control effectiveness. 
• Excellent communication skills, including experience presenting to senior leadership and governance bodies. 
• Proven ability to influence stakeholders and drive improvements without formal authority. 
• Experience working with external auditors or in regulated, public‑sector, or quasi‑governmental environments is an asset. Knowledge of infrastructure development, public‑sector capital projects, construction delivery, and real estate is also considered an asset. 

What We Offer:

• Commitment to creating a diverse, equitable and inclusive culture that promotes a sense of belonging and represents and reflects the needs of the communities we serve.
• A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
• Support for professional development opportunities for all colleagues through a broad range of learning programs that include in-person and online training, leadership development, and support for colleagues’ well-being. IO will also cover the costs associated with up to two membership and license fees per year for eligible colleagues if directly related to the employee’s role.
• Access to a suite of virtual healthcare options to support non-urgent medical needs.
• A convenient, central location at 1 Dundas St West, easily accessible by public transit.

We offer a competitive salary range of $139,000 to $162,100 (P6 level), pay will align with skills, knowledge and experience of the candidate.

This posting will close on Monday October 26th, 2026 at 11:59 pm.

Interviews will occur on a rolling basis until the role is filled.

This posting is for a current active vacancy. We are actively recruiting to fill this position.

After reviewing the qualifications listed above, we want you to know that we understand you may not meet all the qualifications described, but still encourage you to apply, as you may have other relevant expertise and experience that you can bring to the role.

At Infrastructure Ontario, we strive to create a culture that encourages a diverse equitable and inclusive environment that fosters belonging. We believe that experience comes in many forms and through learning from each others’ differences and perspectives gives us strength. We are committed to enhancing our culture and encourage applications from all walks of life. Let us know if you would benefit from any accommodations for the selection process, by contacting the Talent Acquisition Team.

Candidates of any race, gender, sexual orientation, ability, religion, place of origin or any other community are encouraged to apply, and their lived experience will be taken into consideration as applicable to the posted position.

At Infrastructure Ontario, we use AI in our applicant tracking system to improve the efficiency and fairness of recruitment. Your application will be reviewed by both AI and our hiring team for a thorough evaluation. Please note that final hiring decisions are made solely by our experienced hiring team.