Internal Audit Director - Fixed Term Contract

Infrastructure OntarioToronto, ON
CA$135,500 - CA$165,700Onsite

About The Position

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.

Requirements

  • 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.

Nice To Haves

  • Professional designation such as CPA, CIA, or equivalent an asset.
  • 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.

Responsibilities

  • 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.

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 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.
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