Cost Consultant

4 weeks ago


Vancouver Toronto, Canada Moving2Canada.com Full time

Leading cost consulting and project management firm has an immediate opening for a Cost Consultant in Vancouver, Edmonton and Toronto. Working with the 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. Outpost Recruitment is excited to work with our client on this full-time permanent role. Salary $80,000-120,000The 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 of Cost Consultant:Visit construction sites on a monthly basis to review the contractor and subcontractor progress claimsDeliver pre-development services to establish feasibility of the project and identify any risksCost Consultant provides a review of development schedule, such as overall progress of the project and anticipated completion dates to the lenderEstablish and track project budget, along with cost to date and cost to completeDevelop cash flow projections and summariesConfirm borrower’s equity contributionPrepare and submit preliminary report to the lender before any loan advances are issued to the borrowerReview construction contracts and other forms of commitments to minimize any risks of completion of the projectProvide approvals on insured deposit advances and keeping the insurance lender up to date and provide access to the fundsProcess payment certification under construction contracts in compliance with the Provincial Lien ActPerform reviews of all material financial project documentation implicationsExperience of Cost ConsultantBachelor’s Degree in Construction Management, Quantity Surveying, Civil/Structural Engineering, Building Science or in a related fieldThe Cost Consultant will hvae 1-5 years of related experience in loan monitoring / project monitoringStrong understanding of RICS Project Monitoring guidelines and standardsSuperior communication and time management skills, along with the ability to manage multiple projects at any given timeIntermediate level of understanding of construction estimates, development schedulesIn-depth knowledge of the construction industry – development, contracting & consultant servicesWorking knowledge of the Provincial lien act and CIQS standard method of measurement – elemental/tradeStrong understanding of standard contract conditions – CCDCWorking towards LEED, RICS/PQS certification is an assetOnly candidates with authorisation to work in Canada will be considered.CompensationDependent on experience and education. The client isa progressive company offering employees a competitive salary, comprehensive benefits package #J-18808-Ljbffr



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