Job Description 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 As a senior member of the Technical Services Leadership Team, the Vice President, Cost Management establishes the enterprise direction for Infrastructure Ontario’s Cost Management practice. The role is accountable for the strategic design, coordination, and continuous evolution of cost estimation, budgeting, and cost and change control capabilities that enable disciplined, transparent, and predictable delivery of IO’s capital program. Through collaboration with government partners, consultants, and delivery counterparties, the position strengthens system‑wide financial performance, governance, and value for money. What You Will Do Set and evolve IO’s enterprise-wide Cost Management practice, ensuring alignment with organizational strategy, government capital planning, and leading cost management practices. Serve as a principal advisor to senior executives and front‑office partners on programmatic cost matters, including budgeting, forecasting, cost and change control, and related governance. Coordinate and manage the Cost Management team, including the cost estimation, budgeting, and cost and change control functions. Establish and govern integrated cost management processes, standards, and methodologies that support on‑time and on‑budget delivery across the project lifecycle. Define the long‑term roadmap for Cost Management capabilities, including the use of enterprise cost data and predictive analytics to strengthen decision support. Oversee enterprise cost reporting integrity, ensuring executives and project teams have timely, accurate, and complete cost information. Shape contractual cost management frameworks, payment terms and performance expectations with consultants and contractors, reinforcing accountability and compliance with governance requirements. Partner with government representatives and internal teams to lead budget development, approvals, benchmarking and forecasting improvements, and financial reporting obligations. Coordinate modernization and continuous improvement initiatives related to cost management practices, tools, and governance approaches. Who You Are You bring extensive experience in cost management within large, complex capital or infrastructure environments, combined with strong financial insight and enterprise perspective. Your background includes: Significant experience providing cost management advice that informs executive decision‑making and public‑sector or large‑scale governance processes. Demonstrated capability coordinating and managing specialized professional teams and building organizational capability through structured practices and learning. Advanced knowledge and appreciation of cost estimation methodologies, budgeting, forecasting, cost and change control, and financial performance reporting. Strong understanding of government budget cycles, approval processes, and financial governance requirements. Experience working in partnership with government bodies, consultants, and delivery organizations within complex contractual environments. Ability to communicate complex, confidential, and time‑sensitive financial information clearly across diverse audiences. 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 supports balance between professional and personal lives and meaningful in‑person collaboration. A defined contribution pension plan, with IO contributing 5% of annual salary and matching up to an additional 5% employee contribution, plus Group RRSP and TFSA options. A comprehensive health, dental, vision, paramedical, and out‑of‑country benefits package. Pregnancy and parental leave programs with salary top‑ups to 95% for eligible employees. A $2,500 Healthcare Spending Account and Lifestyle Account supporting wellness and financial planning options. Access to professional development, leadership learning, and well‑being programs, including coverage for up to two role‑related memberships or licenses annually. Access to virtual healthcare services. A convenient, central downtown Toronto location at 1 Dundas Street West , accessible by public transit. This posting will close on Monday, May 25, 2026 at 5:00 pm. The hiring range for this position is $175,000 - $205,000 with a corresponding job level of M4. The exact compensation will align based on the skills, knowledge and experience of the candidate. 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. #J-18808-Ljbffr