Construction Cost Estimator

2 months ago

Old Toronto, Ontario, Canada Moving2Canada Full time
Job Description

**Job Title:** Construction Cost Estimator

**Job Type:** Full-time

**Industry:** Construction, Real Estate

**Company:** Moving2Canada

**Location:** Remote (Canada)

**Job Summary:

We are seeking a highly skilled Construction Cost Estimator to join our team. As a Construction Cost Estimator, you will be responsible for reviewing and verifying project-related documentation and contracts, preparing and tracking budgets, commitments, and costs incurred, and forecasting an independent cost-to-complete for the project.

Key Responsibilities:

  • Visit construction sites on a monthly basis to review contractor and subcontractor progress claims
  • Deliver pre-development services to establish feasibility of the project and identify any risks
  • Provide a review of development schedule, including 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 contribution
  • 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
  • Perform reviews of all material financial project documentation implications

Requirements:

  • Bachelor's Degree in Construction Management, Quantity Surveying, Civil/Structural Engineering, Building Science, or a related field
  • 1-5 years of related experience in loan monitoring/project monitoring
  • Strong understanding of RICS Project Monitoring guidelines and standards
  • Superior 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
  • Working towards LEED, RICS/PQS certification is an asset

What We Offer:

  • Competitive salary
  • Comprehensive benefits package
  • Opportunity to work with a progressive company

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