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Job Description
Job Category:
Cost Management ConsultingPay Grade Range:
$37950.00 - $88550.00Disclaimer: The base salary range represents the low and high end of Altus Groups Pay Grade Range for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Groups total compensation for employees. Other rewards may include an annual bonus flexible work arrangements and region-specific benefits.
Unlock your Altus Experience!
If youre looking to advance your career in data analytics expertise and technology for the rapidly growing global CRE market theres no better place than Altus Group. At Altus our work is purposeful. Every day our employees drive impact innovate and shape the global commercial real estate (CRE) and PropTech industry.
Our people-centric culture empowers you to deliver in a high trust high performance culture surrounded by an inclusive team thats collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.
Job Summary:
Altus Group is hiring a Cost Analyst to join our Development Advisory team in Toronto. In this role youll join our loan monitoring team and support the team by reviewing project documentation verifying contracts and tracking budgets costs cash flow projections and commitments. Youll also assist in acting as an independent liaison between lenders and developers monitoring projected revenues development approvals compliance and construction contracts. You will contribute to the monthly project reporting until completion and loan repayment.
Key Responsibilities:
Visit construction sites on a monthly basis to review the contractor and subcontractor progress claimsand prepare site progress reports
Assist in the delivery of pre-development services to establish feasibility of the project and identify any risks
Provide support in review of development schedule such as overall progress of the project and anticipated completion dates to the lender
Review of Development Agreements/ Approvals Agreements of Purchase and Sale and Leases etc.
Collaborate with senior staff to establish and track project budget along with cost to date and cost to complete
Facilitate the preparation and submission of preliminary report to the lender before any loan advances are issued to the borrower
Facilitate the preparation and submission of monthly reports for monthly advances
Assist in preparing monthly payment certificates under construction contracts in compliance with the Provincial Lien Act
Review construction contracts and other forms of commitments to minimize any risks of completion of the project
Support in review of all material financial documentation including accounting records bank statements etc.
Perform research as required to ensure adequate information to support decision making
Key Requirements:
Bachelors Degree in Quantity Surveying Construction/Project Management Civil/Structural Engineering/Architecture Building Science or in a field related to real estate development and construction
0-2 years of related experience
Solid understanding of construction methodology schedules and cash flow projections.
Knowledge of the construction industry including development contracting and consulting sectors.
Familiarity with provincial Lien Acts and standard forms of construction contracts.
Ability to prepare review and summarize technical reports effectively.
Knowledge of site safety issues basics of fall protection
Valid drivers license
Proficient in Microsoft 365 Teams/SharePoint and adaptable to learning industry-specific software such as Argus Estate Master CostX Onscreen Takeoff AutoCAD Timberline and Excel.
#LI-Hybrid
What Altus Group offers:
- Rewarding performance: We are pleased to be able to provide employees competitive compensation incentive and bonus plans and a total rewards package that prioritizes their mental physical and overall financial health.
- Growth and development: As a destination for top industry talent were investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150000 hours of learning materials catering to diverse stages of an employees career journey.
- Flexible work model: Were modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating and remote for focused work.
Altus Group is committed to fostering an inclusive work environment where all clients and employees feel welcomed accepted and valued. We provide an atmosphere free from barriers to promote diversity equity and inclusion and encourage equal opportunities for all employees. Were seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation pleasecontactusator1 .
We appreciate all applicants who take the time to apply to Altus Group. Please note that only those who are selected to move forward in the process will be contacted. Thank you.
Required Experience:
IC
Employment Type
Full-Time
