Vice President, Internal Audit-er-ir

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.

Vice President, Internal Audit

To lead and transform the Internal Audit function at IO, providing independent, objective assurance and advice designed to add value and improve the organization’s operations. Collaborate with the Executive team and the Audit and Risk Committee to help the organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.

What You Will Do:

- Lead the internal audit function, including the development of strategies and procedures for internal audit engagements.
- Develop and prioritize an annual Internal Audit Plan and CEO/CFO Certification Plan.
- Deliver the audit process end-to-end, including maintaining a robust audit program.
- Enhance audit tools, processes, and reporting.
- Provide strategic leadership and direction to a team of audit professionals.
- Communicate audit results to the Audit and Risk Committee, CEO, and Executive team.
- Represent the Internal Audit function in in-camera sessions.
- Provide assurance on governance, risk management, and control processes.
- Advise the Executive team on risk/improvement areas.
- Manage the relationship with the Auditor General Office (AGO).
- Contribute to staff development and prioritize system enhancements.
- Lead the selection and implementation of audit tools.
- Build a culture of risk management and accountability.
- Build a high-impact, high-performance team.

What We Are Looking For:

- University degree with a professional designation (CIA, CISA, CA, CMA, CGA, CRM), or advanced degree (MBA). Certified Internal Auditor (CIA) is preferable.
- Sound knowledge of accounting, auditing, and risk management principles (ISO 31000 or COSO 2013); audit practices and procedures and relevant auditing standards.
- Knowledge of the public sector risk and audit environment and audit software tools.
- Significant experience in direct internal audit, leading teams, and managing objectives.
- Proven track record in risk management methodologies, solutions, and best practices.
- Experience presenting to executive management and Board level committees.
- Experience working with the AGO is an asset.
- Strong leadership and strategic thinking.
- Excellent communication and presentation skills.
- Ability to manage complex stakeholder relationships.
- High level of integrity and professionalism.
- Strong analytical and problem-solving skills.
- Ability to build and lead high-performance teams.

**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 flexible, hybrid work approach that allows colleagues to find balance between their professional and personal lives and making the most of the benefits of working remotely and purpose-driven in-person collaboration opportunities.
- A defined contribution pension plan, where IO contributes the equivalent of 5% of a full-time employee’s annual salary, with an option for IO to match an additional 5% contribution made by the employee. IO also offers a Group Retirement Savings Plan and Group Tax Free Savings Account, designed to help IO colleagues plan and save for their future.
- A comprehensive package that covers health, dental, vision, out-of-country care, paramedical services, and more.
- A pregnancy and parental leave program that offers expecting, eligible employees a top-up to 95% of their annual base salary for 31 weeks, and our parental leave program offers eligible employees a top-up to 95% of their annual base salary for 15 weeks.
- Access to our $2,500 Healthcare Spending Account to top up expenses not covered in the benefits program and a Lifestyle Account that expands the eligibility of health and wellness options and can include coverage for gym memberships and fitness equipment, nutrition counselling or financial planning.
- 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 ye