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Cost Analyst - Job Opportunity at Altus Group

Toronto, CA
Full-time
Entry-level
Posted: May 22, 2025
Hybrid
CAD 37,950 - 88,550 per year

Benefits

Competitive bonus structure
Comprehensive mental and physical health benefits
Professional development through Altus Intelligence Academy
Flexible hybrid work model
Region-specific benefits package
Performance-based incentives

Key Responsibilities

Conduct monthly construction site visits to evaluate progress and prepare detailed assessment reports
Perform critical project feasibility analysis and risk assessment
Monitor and validate development schedules and completion timelines
Review and analyze complex development agreements and legal documentation
Manage project budgets and cost tracking in collaboration with senior staff
Prepare and submit detailed monthly reports for loan advances
Ensure compliance with Provincial Lien Act requirements
Conduct financial documentation review and due diligence

Requirements

Education

Bachelor's Degree in Quantity Surveying, Construction/Project Management, Civil/Structural Engineering/Architecture, Building Science or related field

Experience

0-2 years of related experience

Required Skills

Construction methodology knowledge Schedule and cash flow projection expertise Provincial Lien Acts familiarity Technical report writing Site safety knowledge Microsoft 365 proficiency Industry software adaptability (Argus Estate Master, CostX, Onscreen Takeoff, AutoCAD, Timberline, Excel)

Certifications

Valid driver's license
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Sauge AI Market Intelligence

Industry Trends

The commercial real estate (CRE) sector is experiencing rapid digitalization, driving increased demand for analysts with both traditional cost management skills and technology proficiency. Environmental, Social, and Governance (ESG) considerations are becoming integral to construction project evaluation, requiring analysts to incorporate sustainability metrics into cost assessments. The rise of PropTech is transforming how construction costs are monitored and analyzed, making technical adaptability increasingly valuable in cost analyst roles.

Salary Evaluation

The offered salary range of CAD 37,950 - 88,550 is competitive for an entry-level position in Toronto's commercial real estate sector, with room for significant growth based on performance and experience. The wide range suggests strong potential for advancement within the role.

Role Significance

Typically part of a 5-8 person development advisory team, working closely with senior cost managers and project leads
Entry-level position with significant exposure to senior stakeholders and critical financial decisions, indicating strong development potential

Key Projects

Large-scale commercial development monitoring Mixed-use project feasibility studies Construction loan administration support Risk assessment and mitigation planning

Success Factors

Strong analytical capabilities combined with practical construction knowledge Ability to balance technical accuracy with business context Effective communication skills for stakeholder management Adaptability to new technologies and methodologies

Market Demand

High demand with growing trajectory due to increasing complexity in real estate development projects and the need for sophisticated cost control mechanisms in the current economic climate

Important Skills

Critical Skills

Technical proficiency in construction methodology and cost analysis Understanding of legal and regulatory frameworks in construction Strong analytical and reporting capabilities

Beneficial Skills

Knowledge of sustainable construction practices Understanding of PropTech trends Experience with digital collaboration tools

Unique Aspects

Direct exposure to both construction and financial aspects of real estate development
Opportunity to work with cutting-edge PropTech solutions
Strong emphasis on professional development through dedicated academy

Career Growth

2-3 years in role before advancement opportunity, with accelerated progression possible based on performance and market conditions

Potential Next Roles

Senior Cost Analyst Project Cost Manager Development Advisory Consultant Construction Finance Specialist

Company Overview

Altus Group

Altus Group is a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry

Industry leader in CRE technology and advisory services with strong market presence in North America and international markets
Significant presence in Toronto with established relationships with major developers and financial institutions
Progressive, technology-driven environment with emphasis on professional development and work-life balance
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