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 Manager is responsible for delivering the organization’s risk-based internal audit plan by leading and executing audit engagements across business units. The role evaluates the effectiveness of governance, risk management, and internal controls, and provides clear, actionable recommendations to improve organizational performance. The position also supports audit planning, reporting to senior management and the Audit Committee, and contributes to strengthening Internal Audit practices and relationships across the organization.
What You Will Do:
- Lead and execute internal audit engagements from planning and walkthroughs through fieldwork and reporting, ensuring work is completed on time and meets quality standards.
- Assess governance, risk management, and internal control processes using a structured, risk-based audit approach.
- Develop audit programs, conduct risk assessments, and identify control gaps and process inefficiencies.
- Prepare clear and concise audit reports, present findings to stakeholders, and support the development of management action plans.
- Provide input into the annual risk-based audit plan and identify emerging risks, themes, and opportunities for improvement.
- Build and maintain strong relationships with business stakeholders and support constructive resolution of audit findings.
- Collaborate with external auditors and service providers and support continuous improvement of internal audit practices and methodologies.
What We Are Looking For:
- Professional designation such as CPA, CIA, or equivalent required.
- Many years of progressive experience in internal audit, risk management, or a related field in a complex organization.
- Strong knowledge of internal audit standards (IIA), internal controls, and risk management frameworks.
- Demonstrated ability to execute audits and assess control effectiveness using structured methodologies.
- Strong analytical and problem-solving skills with the ability to identify root causes and recommend practical solutions.
- Excellent written and verbal communication skills, including experience presenting findings to management.
- Ability to manage multiple engagements simultaneously and work effectively in a fast-paced environment.
- 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 $106,000 to $130,900 (P5 level), pay will align with skills, knowledge and experience of the candidate.
This posting will close on Tuesday June 9, 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 require any accommodations for the selection process, by contacting the Talent Acquisition Team.
Candidates who are members of Indigenous, Black, racialized and 2SLGBTQ+ communities, persons with disabilities, and other equity deserving groups 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.