About The Position

Altus Group is currently seeking a candidate for the position of Cost Consultant based out of our downtown Montréal office to join our Cost Consulting & Project Management division. Working with our loan monitoring team, the Cost Consultant will review and verify all project-related documentation and contracts, prepare and track all budgets, commitments and costs incurred, and forecast an independent cost-to-complete for the project. The Cost Consultant will be responsible for acting as an independent interface between lenders and developers. The Cost Consultant will also track the projected revenues, development approvals, compliance documentation, construction contracts and committed revenue, and provide in‐depth monthly reporting on the project until completion and repayment of the mortgage.

Requirements

  • Bachelor’s degree in construction management, Quantity Surveying, Civil/Structural Engineering, Building Science or in a related field
  • 3+ years of related experience in loan monitoring and project monitoring
  • Strong understanding of RICS Project Monitoring guidelines and standards
  • Excellent communication and time management skills, along with the ability to manage multiple projects at any given time
  • Intermediate level of understanding of construction estimates, development schedules
  • In-depth knowledge of the construction industry - development, contracting & consultant services
  • Working knowledge of the Provincial lien act and CIQS standard method of measurement – elemental/trade
  • Strong understanding of standard contract conditions – CCDC
  • Ability to work in a team and provide coaching and mentoring to junior staff

Nice To Haves

  • Working towards LEED, RICS/PQS, and/or AEECQ certification is an asset

Responsibilities

  • Visit construction sites on a monthly basis to review the contractor and subcontractor progress claims
  • Establish and track project budget, along with cost to date and cost to complete
  • Deliver pre-development services to establish feasibility of the project and identify any risks
  • Provide review of development schedule, such as overall progress of the project and anticipated completion dates to the lender
  • Develop cash flow projections and summaries
  • Confirm borrower’s equity contributions
  • Prepare and submit preliminary report to the lender before any loan advances are issued to the borrower
  • Review construction contracts and other forms of commitments to minimize any risks of completion of the project
  • Provide approvals on insured deposit advances and keeping the insurance lender up to date and provide access to the funds
  • Process payment certification under construction contracts in compliance with the Provincial Lien Act
  • Negotiate change orders with contractors in accordance to the terms of the agreed contract
  • Perform reviews of all material financial project documentation implications

Benefits

  • competitive compensation
  • incentive and bonus plans
  • total rewards package prioritizing mental, physical, and financial well-being
  • access to our Altus Intelligence Academy
  • flexible work model
  • Take What You Need unlimited vacation program
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