At a Glance
- Tasks: Lead a team in delivering top-notch cost consulting services for diverse projects.
- Company: Join Newmark, a leader in real estate consulting with a dynamic Toronto office.
- Benefits: Competitive salary, growth opportunities, and a supportive work environment.
- Other info: Opportunity to mentor and guide a talented team in a fast-paced setting.
- Why this job: Make a real impact in the construction industry while developing your leadership skills.
- Qualifications: 10+ years in commercial real estate and strong analytical skills required.
The predicted salary is between 90000 - 110000 $ per year.
Newmark is looking for an Associate Director to join our Toronto office's Project & Cost Management Team. Reporting to the Senior Director or Higher, you will work with the management team on various asset types and accounts. Your role involves providing guidance to a team of consultants to deliver cost consulting services efficiently. This includes client delivery, revenue management, business development, offering technical expertise, and leading the consultant team.
Responsibilities:
- Act as the last reviewer and approver before issuance of reports to clients, ensuring that they are accurate and meet standards.
- Work with Sr. Management to establish accountability measures, monitor performance against targets and determine any corrective action that may be required; provide input to the strategic plan and develop action plans aligned to the overall strategy.
- Read, understand, and interpret construction drawings and specifications at an advanced level.
- Review and provide guidance on measurement for junior members of the team.
- Solid understanding of construction methodology and technology.
- Extensive knowledge of the construction market & pricing.
- Ability to prepare and complete both divisional (trade)/ CIQS elemental take-offs based on all levels of design documents from Class D to Class A.
- Fundamental understanding of Mechanical & Electrical systems.
- Advanced understanding of factors influencing construction costs and applying that knowledge in the production of estimates or change order review.
- Preparation/analysis of detailed general condition breakdowns, including an understanding of the logistics and high-level schedule duration calculations.
- Change order analysis – full cycle from interpretation, take-off, pricing and negotiation with trades.
- Reconciliation of estimate with tenders, owner’s budgets and/or contractor’s estimates.
- Ability to maximize the use of appropriate software and technology and teach others how to do the same such as CostX, Bluebeam and Microsoft Office.
- Develop and build long-term client relationships which result in repeat business, referrals and service expansion including up-selling & cross-selling across other Business Units within Newmark.
- Lead the assessment of client requirements, conduct project reviews and deal with issues efficiently and effectively.
- Preparation of proposals including fee calculations for approval (where required).
- Work with Management to support the implementation of strategies which contribute to revenue generation, profitability and growth of the Business Unit – locally and nationally.
- Lead the implementation of approved business plans and act as Champion for these initiatives within the team.
- Provide leadership, guidance, coaching, mentoring and support to direct reports and members of the Ontario Cost Planning team.
Qualifications:
- Bachelor’s Degree in Civil/Structural Engineering, Construction Management, Quantity Surveying, Building Science or in a related field.
- Minimum 10 years of experience in a commercial real estate Industry, Minimum 5 years within GTA Market, with a multi-dimensional understanding of the real estate consulting and advisory industry and a focus on Highrise Cost Estimating.
- Professional Quantity Surveyor (PQS) or Member RICS (MRICS) is required, LEED accreditation is an asset.
- Demonstrate an understanding of developing bottom-up estimates and Full and deep understanding of Cost Planning services.
- Show experience in dealing with developers and clients, advising on building efficiencies and providing key market insight to building design, functionality, and scope.
- Self-motivated with a high degree of integrity, honesty and work ethics.
- Proven strategic thinking, analytical skills, and strong business acumen, with a focus on business development.
- Client-focused professional with strong attention to detail, consistently delivering high-quality work and exceptional service.
- Proactive and results-oriented, continuously identifying process improvements while effectively managing priorities and meeting deadlines.
Associate Director in Toronto employer: Newmark
Newmark is an exceptional employer that fosters a collaborative and innovative work culture, particularly in its Vancouver office where the Consultant, Cost Planning role offers the chance to engage with high-profile construction projects across various sectors. Employees benefit from professional growth opportunities, including support for obtaining industry certifications, while being part of a dynamic team that values transparent communication and client-focused outcomes. With a strong commitment to excellence and a global presence, Newmark provides a rewarding environment for those looking to make a meaningful impact in the real estate sector.