31 Aug
|
Namely
|
Toronto
Compensation Range$75,000 - $105,000Compensation DisclaimerThe 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, benefits, or other incentives.Job SummaryAs a result of accelerated growth, Altus is looking for a recent Cost Consultant, Loan Monitoring. This is an exciting opportunity to be on-site for high-profile, complex construction projects from institutions such as schools and hospitals to mixed-use, office, and government buildings and corporate towers. You will act as the liaison between the construction company and the financial institution, building relationships with project personnel and physically navigating the site to prepare trusted, accurate and complete reports and cost forecasting until completion and repayment of the mortgage.Key ResponsibilitiesVisit construction sites.
You will review the contractor and subcontractor progress claims monthly.Track project budget, against cost-to-date and cost-to-complete.Report, to the lender, on the overall progress of the project and anticipated completion dates.Deliver pre-development services. You will establish the feasibility of the project and identify risks.Review the development schedule and develop cash flow projections.Prepare and submit a preliminary report to the lender before any loan advances are issued to the borrower, confirming the borrower’s equity.Change management and quality assurance. You will review all aspects, applications, and details.Review construction contracts and other forms of commitments to minimize any risks of completion of the project.Provide approvals on insured deposit advances, keeping the insurance lender up to date, and providing access to the funds.Process
📌 Cost Consultant (Toronto)
🏢 Namely
📍 Toronto