Cost Consultant (Project Monitoring), Buildings | Cost Consultancy | Toronto / Vancouver | Outp[...]

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 $80,000-120,000

The 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 claims
• Deliver pre-development services to establish feasibility of the project and identify any risks
• Cost Consultant provides a review of development schedule, such as 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

Experience of Cost Consultant

Only candidates with authorisation to work in Canada will be considered.

Compensation

Dependent on experience and education. The client isa progressive company offering employees a competitive salary, comprehensive benefits package

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