Director, Cost Control

Infrastructure Ontario • Toronto, ON

2d • CA$150,900 - CA$186,900 • Onsite

About The Position

Infrastructure Ontario (IO) is seeking a Director, Cost Control to oversee and advance cost and change control practices across a complex capital project portfolio. This role is accountable for establishing project cost baselines, monitoring and forecasting project performance, managing change control activities, and providing meaningful cost reporting that enables informed business decisions. The successful candidate will also contribute to the continuous improvement of cost control methodologies, enterprise practices, and organizational capability across project delivery functions.

Requirements

• Extensive experience overseeing cost control, project controls, cost forecasting, or change control activities within large-scale capital infrastructure projects
• Demonstrated capability in reviewing, examining, evaluating, and reporting on project cost performance, forecasts, variances, and financial trends.
• Experience developing and implementing business processes, governance frameworks, reporting methodologies, and continuous improvement initiatives.
• Knowledge and appreciation of project planning, cost control, and change control practices across complex project environments.
• Experience collaborating with multidisciplinary teams and communicating complex technical and financial information to diverse audiences
• Strong capability to influence outcomes, build alignment, and guide organizational adoption of new practices and approaches
• Professional learning and development in engineering, economics, business administration, project controls, project management, commercial management, or related disciplines.

Nice To Haves

• Advanced professional learning in business, economics, management, project delivery, or related fields would be considered an asset.

Responsibilities

• Oversee cost control activities across capital projects and programs, including budget development, forecasting, monitoring, variance identification, and estimate-at-completion reporting
• Coordinate and administer cost and change control processes, practices, and governance frameworks across project teams
• Review and report on project and portfolio cost performance, contingency utilization, cash flow projections, and financial trends
• Conduct detailed examinations and interpretations of project cost data, earned value metrics, progress measurements, and forecasting information to support business planning and project outcomes.
• Partner with Project Delivery, Project Controls, Program Management, Finance, and other key partners to ensure consistent and accurate cost management practices.
• Present cost performance insights and recommendations to senior leadership teams and other decision-makers.
• Influence the evolution of enterprise cost and change control practices by introducing enhanced methodologies, tools, reporting capabilities, and continuous improvement initiatives.
• Coordinate knowledge sharing and professional development activities that strengthen organizational capability in cost and change control disciplines.

Benefits

• 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 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 $1000 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 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed