Portfolio Jobs

Compensation Range:

$60,000 - $75,000

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, benefits, or other incentives.

Job Summary:

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.

Key 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

Key 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

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

L'opportunité:

Le Groupe Altus est actuellement à la recherche d'un(e) candidat(e) pour le poste de consultant(e) en coûts, basé(e) dans nos bureaux du centre-ville de Montréal, pour rejoindre notre division de consultation en coûts et de gestion de projets. En collaboration avec notre équipe de surveillance des prêts, le consultant en coûts examinera et vérifiera tous les documents et contrats liés au projet, préparera et suivra tous les budgets, les coûts engagés, et prévoira un coût d'achèvement indépendant pour le projet.

Le/la consultant(e) en coûts sera chargé(e) d'agir en tant qu'interface indépendante entre les prêteurs et les promoteurs. Le/la consultant(e) assurera également le suivi des couts prévues, des approbations de développement, des documents de conformité, des contrats de construction et des couts engagées, et fournira des rapports mensuels détaillés sur le projet jusqu'à son achèvement.

Principales responsabilités:

• Visiter les sites de construction sur une base mensuelle pour examiner les déclarations d'avancement des entrepreneurs et des sous-traitants

• Fournir des services de pré-développement afin d'établir la faisabilité du projet et d'identifier les risques éventuels

• Examiner l’échéancier de développement, notamment l'avancement général du projet et les dates d'achèvement prévues pour le prêteur

• Établir et suivre le budget du projet, ainsi que les coûts à ce jour et les coûts d'achèvement

• Élaborer des projections et des résumés des flux de trésorerie

• Confirmer les apports en capital de l'emprunteur

• Préparer et soumettre le rapport préliminaire au prêteur avant l'octroi de toute avance de prêt à l'emprunteur

• Examiner les contrats de construction et autres formes d'engagement afin de minimiser les risques liés à l'achèvement du projet

• Fournir des approbations sur les avances de dépôts assurés et tenir le prêteur d'assurance à jour et lui donner accès aux fonds.

• Traiter l'attestation de paiement en vertu des contrats de construction conformément à la loi provinciale sur les privileges.

• Négocier les ordres de modification avec les entrepreneurs, conformément aux conditions du contrat convenu

• Examiner toutes les implications matérielles de la documentation financière du projet

Exigences du poste:

• Baccalauréat en gestion de la construction, en estimation, en génie civil/structural, en sciences du bâtiment ou dans un domaine connexe

• + de 3 années d'expérience connexe dans le suivi des prêts et le suivi des projets

• Excellentes aptitudes à la communication et à la gestion du temps, ainsi que la capacité de gérer plusieurs projets à la fois.

• Niveau intermédiaire de compréhension des estimations de construction et des calendriers echeancier de développement

• Connaissance approfondie de l'industrie de la construction: Développement, contrats et services de consultation.

• Connaissance pratique de la loi provinciale sur les hypothèques légales et de la méthode de mesure standard de l'ICÉC: élémentaire/professionnel

• Connaissance approfondie des conditions contractuelles normalisées: CCDC

• Capacité de travailler en équipe et d'encadrer et de conseiller le personnel subalterne

• L'obtention d'une certification LEED, RICS ou ÉCA et/ou AEÉCQ est un atout

Unlock your Altus Experience!

If you’re looking to advance your career in in an industry that is transitioning for greatness, there’s no better place than Altus Group.

Our high trust, high performance culture prioritizes progressive programs that empower you to deliver your greatest performance while promoting collective success where everyone is recognized and connected.

We offer boundless opportunities in a rapidly growing global business: mentorship from the best and brightest in CRE, access to our Altus Intelligence Academy, and the chance to work with the best data sets, tools and technology in the industry.

What Altus Group offers:

• Rewarding performance: competitive compensation, incentive and bonus plans, and a total rewards package prioritizing mental, physical, and financial well-being.

• Growth and development: we invest in your professional learning. Our Altus Intelligence Academy offers over 150,000 hours of learning content.

• Flexible work model: our Activity-Based Work model provides flexibility to align your work location to the needs of the work — use the office for collaboration and remote work for focused tasks.

Inclusivity & Accessibility

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. We’re seeking candidates with diverse experiences and provide accessible candidate experiences throughout the selection process. If you need accommodation, please contact us at [email protected] or +1 888 692 7487.

Use of Artificial Intelligence

AI tools may be used to support the initial stages of screening for this role; however, all assessments and final hiring decisions are reviewed and made by an Altus Group hiring professional.

Background Checks

Please note that as part of our commitment to maintaining a safe and secure workplace, Altus Group may conduct background checks on candidates who receive a conditional offer of employment. These checks may include, but are not limited to, verification of employment history, education credentials, criminal records, credit history (where relevant), and reference checks. The scope and nature of background checks may vary depending on the role, location, and applicable laws. All background checks will be conducted in compliance with local laws and regulations, and candidates will be informed of any checks required as part of the recruitment process.

Other Notes / Application Process

We appreciate all applicants; however, only those selected to move forward will be contacted. Thank you for your interest in Altus Group.