Cost Consultant, Loan Monitoring (Toronto)

Cost Consultant, Loan Monitoring (Toronto)

27 Aug
|
Altusgroup
|
Toronto

27 Aug

Altusgroup

Toronto

Compensation Range: $70,000- $90,000
Compensation Disclaimer: The salary range listed reflects the base pay for this role at Altus Group and is provided where required by local regulations. Actual offers may differ based on experience, market conditions, and other relevant factors. The range does not include additional compensation such as bonuses, equity, advantages, or other incentives.
Job Summary: Altus Group is currently seeking a candidate in the position of Cost Consultant based out of our downtown Toronto office to join our Development Advisory 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 the 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.
Key Responsibilities: Visit construction sites on a monthly basis to review the contractor and subcontractor progress claims
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
Establish and track project budget, along with cost to date and cost to complete
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

📌 Cost Consultant, Loan Monitoring (Toronto)
🏢 Altusgroup
📍 Toronto

Reply to this offer

Impress this employer describing Your skills and abilities, fill out the form below and leave Your personal touch in the presentation letter.

Subscribe to this job alert:

Get the latest job offers by email for: cost consultant, loan monitoring (toronto) / toronto

Subscribe to this job alert:

Get the latest job offers by email for: cost consultant, loan monitoring (toronto) / toronto