Director, Internal Audit

About the role

Toronto Hydro is looking for a highly accomplished, strategic leader to serve as Director, Internal Audit. Reporting functionally to the Audit Committee and administratively to the EVP & CFO, you will lead a high‑performing internal audit function that provides independent assurance and insight across governance, risk management and internal controls.

Key responsibilities

• Develop and execute a risk‑based internal audit strategy and annual plan aligned with enterprise priorities and approved by the Audit Committee.
• Provide independent, objective assurance on governance, risk management and internal controls across financial, operational and IT domains, including fraud risk.
• Deliver clear, concise reporting to executive leadership and the Audit Committee, highlighting systemic themes, emerging risks and control effectiveness.
• Act as a trusted advisor to senior leadership on business initiatives, transformation programs and emerging risks while maintaining independence.
• Contribute to enterprise‑wide risk discussions, offering insights that inform strategy, resilience and long‑term performance.
• Oversee execution of internal audits through all phases—planning, risk assessment, fieldwork, reporting and follow‑up—ensuring quality and impact.
• Monitor and report on management’s remediation efforts to ensure timely and sustainable resolution of findings.
• Maintain and periodically review the Internal Audit Charter, securing Audit Committee approval.
• Implement and oversee a Quality Assurance and Improvement Program, including ongoing monitoring and external assessments.
• Oversee the Internal Controls over Financial Reporting (ICFR) program, including design oversight, testing strategy and reporting.

Required profile

• Proven senior leadership experience in internal audit within a regulated, complex organization.
• Ability to maintain strict independence while acting as a trusted advisor to senior leadership and the Board.
• Strong understanding of enterprise risk, governance and internal control frameworks.
• Experience reporting directly to an Audit Committee and collaborating with executive management.

Required skills