Job Description

VP, Internal Audit & Risk (Non-Union)

Full-time, 35 hours/ week, Hybrid
Location: Mississauga, Ontario (Derry Rd)
Status: This position is to fill a current vacancy

Please note that this posting may be removed prior to the closing date if a high number of qualified applications are received.

At Alectra, we energize a brighter future by empowering our workforce through the talent of tomorrow's bright minds. We promote a culture that encourages collaboration, celebrates innovation and supports lifelong learning. We are committed to creating a safe and inclusive workplace where everyone succeeds and has the opportunity to make a meaningful difference.

Are you a strategic and collaborative leader who is passionate about strengthening risk management, enhancing governance, and driving organizational integrity?
Reporting to the President & CEO, the Vice President, Internal Audit & Enterprise Risk provides independent, objective assurance and advisory services designed to add value and improve organizational operations. This role plays a critical leadership function in supporting the Board of Directors and Audit & Finance Committee by strengthening risk management, control, and governance processes across the organization.

Key Responsibilities
Internal Audit
• Lead the design, development and implementation of internal audit policies, processes and frameworks
• Develop and execute a risk-based three-year audit plan, including annual audit activities aligned with the Internal Audit Charter
• Evaluate the effectiveness of internal controls, governance practices and operational performance
• Monitor compliance with policies, regulatory requirements, and contractual obligations, and recommend corrective actions where needed
• Review operational programs and initiatives to ensure alignment with defined objectives and effective execution
• Partner with external auditors on audits, reviews and special projects, as required
• Provide quarterly updates and insights to the Audit & Finance Committee
• Monitor accounting practices and documentation to ensure accuracy and reliability
• Deliver internal audit and advisory services in a manner that balances independence, objectivity, and collaboration
Enterprise Risk Management
• Establish and continuously refine the organization’s risk appetite in alignment with corporate strategy
• Lead the development and enhancement of enterprise risk management policies, frameworks and practices
• Oversee enterprise-wide risk identification, assessment, mitigation and reporting, including insurance programs and business continuity planning
• Facilitate risk workshops with leaders to identify key risks and develop mitigation strategies
• Provide insights and recommendations to senior leadership and the Audit & Finance Committee on emerging risks and risk trends
Environmental, Compliance & Oversight
• Coordinate environmental assessments and remediation activities in partnership with consultants, property owners and regulatory bodies
• Act as a liaison with environmental regulators and ensure compliance with applicable standards and requirements
Leadership, Culture & Governance
• Foster a culture of safety, inclusion and accountability, ensuring alignment with corporate health, safety and environmental policies
• Lead, coach and develop a high-performing team through clear communication, performance management and talent development
• Promote a culture grounded in the organization’s values, ethics and code of conduct
• Ensure leaders and teams are accountable for upholding organizational standards and behaviours
• Contribute to advancing diversity, equity and inclusion both internally and externally
• Provide strategic leadership as a member of the Senior Leadership Team, contributing to enterprise-wide decision making
Qualifications, Knowledge, Skills and Competencies
Education/ Experience
• Post-secondary diploma in accounting
• Accounting designation
• Certified Internal Auditor designation preferred
• Related graduate level education an asset
• Demonstrated experience in a leadership role involving strategic planning, successful change implementation, risk mitigation and supporting business growth such as new business opportunities and/or mergers and acquisitions
• Experience developing and presenting strategies and business results to senior leaders
• Progressive executive or senior leadership experience
Skills/Abilities/Competencies
• Strong understanding of financial reporting, profit/loss statements and general corporate financing
• Strong knowledge of relevant legislation and the regulatory environment
• Demonstrated knowledge of applying risk-mitigation and internal audit best practices
• Demonstrated ability to lead successful organization-wide change at the strategic level
• Demonstrated ability to build relationships with a wide range of stakeholders
• Experience building effective working relationships with the senior leaders and governance stakeholders (e.g. board and committee members)
• Strong verbal and written communication skills, including ability to communicate complex issues clearly
• Strong presentation skills, including the ability to tailor messages to different audiences

Who we are
As the largest municipally owned electric utility in Canada, we are committed to growing, evolving and remaining innovative to build a sustainable and brighter future. Our values set us apart and are our fundamental beliefs about our organization:

Safety: Stay aware, prevent risks and protect each other.
Respect: Value everyone, act honestly and foster inclusion.
Customer Focus: Be reliable, anticipate needs and deliver exceptional solutions with care.
Excellence: Elevate performance, embrace diversity and deliver quality through collaboration.
Innovation: Drive growth by embracing change, creativity and continuous improvement.

Here’s why Alectra might be your ideal workplace:
• We offer comprehensive benefits. From health and wellness programs to financial security though our Defined Benefit Pension Plan – we offer a robust benefits package that supports you and your family.
• We invest in your career development. At Alectra, we care about our team’s future through offering ongoing trainings, mentorship and learning opportunities.
• We care about you work-life balance. Understanding that taking time off is essential to employee well-being, sustained productivity and high performance, we offer the following:
◦ Time off: At Alectra, we offer various time off options for our employees including vacation time, personal days, milestone parental leave top-up, volunteer days and bereavement days.
◦ Disconnecting from work: We prioritize your well-being through our “Disconnect from Work” policy which ensures you can maintain a healthy work-life balance.
◦ Hybrid work environment: Based on operational requirements, we offer flexible working arrangements that include working remotely or on-site.
At Alectra, your unique contributions matter and help drive our collective success to a more sustainable and brighter future.

Ready to Apply?

If this sounds like you and gets you excited, we’d love to hear from you! Simply click the apply button to submit your resume and take the first step toward joining our team. *Due to the high volume of applications, we are unable to accept resumes via email. All applicants must apply through our careers page to be considered.*
At Alectra, we celebrate diversity and are committed to an inclusive recruitment process that honours the dignity and independence of all applicants. If you require accommodation due to a disability during the process, please contact careers@alectra.com. We will work with you to ensure your needs are being met to the point of undue hardship.
Thank you for your interest in building a career with us. While we appreciate all applicants, only those selected for an interview will be contacted.
Please note: We kindly request no unsolicited resumes or agency referrals. Alectra does not accept resumes from recruitment agencies for any open positions unless a valid contract is in place.

Use of Artificial Intelligence (AI) in Recruitment
At Alectra, we’re committed to energizing a brighter future through innovation and responsible technology use. While we may use digital tools to support the efficiency of our recruitment process, we do not use AI to identify or screen candidates. Applications are personally reviewed by either a member of the Talent Acquisition team or one of the hiring leaders, ensuring a fair and human-centered experience for all applicants.