Director, Cost Control

Infrastructure Ontario

$150K — $186K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in cost control for large-scale capital infrastructure projects.
  • Proficiency in evaluating project cost performance and financial trends.
  • Experience with developing business processes and governance frameworks.
  • Knowledge of project planning, cost control, and change control practices.
  • Strong collaboration skills with multidisciplinary teams and effective communication of complex financial information.
  • Ability to influence organizational practices and lead change initiatives.
  • Relevant degree in engineering, economics, business administration, or related fields.

Responsibilities

  • Oversee cost control and budgeting for capital projects.
  • Administer cost and change control processes across project teams.
  • Monitor and report on cost performance and cash flow projections.
  • Analyze project cost data and forecasting metrics for business planning.
  • Collaborate with various departments to ensure consistent cost management.
  • Present cost insights and recommendations to leadership.
  • Drive continuous improvement in cost control methodologies and practices.

Benefits

  • Commitment to a diverse and inclusive workplace culture.
  • Defined contribution pension plan with employer match options.
  • Comprehensive health, dental, and vision coverage.
  • Parental leave program with a salary top-up.
  • Access to a Healthcare Spending Account for additional expenses.
  • Support for professional development and learning programs.
  • Virtual healthcare options available for non-urgent medical needs.
  • Central office location with good public transit access.
Full Job Description
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 new 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.

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