12 Aug
|
Infrastructure Ontario
|
Toronto
12 Aug
Infrastructure Ontario
Toronto
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
Infrastructure Ontario 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.
What You Will Do
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.
Who We Are Looking For
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 recent practices and approaches
Professional learning and development in engineering, economics, business administration, project controls, project management, commercial management, or related disciplines.
Advanced professional learning in business, economics, management, project delivery, or related fields would be 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 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.
We offer a competitive hiring range of $150,900 to $186,900 (PM5 level), pay will align with skills, knowledge and experience of the candidate.
This posting will close on August 21, 2026 at 11:59 pm. Interviews will occur on a rolling basis until the role is filled.
Exact compensation may vary based on skills, knowledge and experience.
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.
📌 Director, Cost Control (Toronto)
🏢 Infrastructure Ontario
📍 Toronto