Director of Construction

Montcrest Asset Management; Toronto; On-site; CAD 150,000 - 190,000; Full time

Job summary

Montcrest is seeking a Director of Construction in Toronto to lead residential development projects from acquisition to delivery, with emphasis on mid-rise and high-rise condos. You will manage budgets, cash flow, schedules and proformas, while coordinating with consultants, contractors and leasing teams to meet milestones.

You will also liaise with municipalities and partners to gain timely approvals and drive efficiency across development processes, reporting to senior leadership on risks and

Qualifications

• Minimum five years of real estate development experience with project delivery responsibility.
• Direct experience with mid-rise and/or high-rise residential projects is required.
• Post-secondary degree in Architecture, Engineering, Planning, Finance, or related field is an asset.
• Strong understanding of financial analysis including proformas, cash flow forecasting, NPV/IRR.
• Knowledge of development processes, entitlements, and municipal approvals in GTA.

Responsibilities

• Lead residential development projects from acquisition through planning, design, construction, leasing and delivery.
• Evaluate prospective acquisitions and support financial feasibility analyses.
• Manage consultants, contractors and stakeholders to stay on schedule and budget.
• Prepare budgets, cash flows, schedules and development proformas.
• Coordinate planning approvals, rezoning, site plan, permits and municipal processes.
• Oversee construction, quality control, site inspections, issue resolution and payment administration.
• Collaborate with leasing teams and brokers to enable leasing at project milestones.
• Liaise with municipalities, authorities, stakeholders and partners to accelerate progress.
• Prepare project updates, risks and recommendations for senior leadership.
• Help establish development and construction standards and best practices.

Skills

Real estate development

Project management

Financial analysis

Excel

PowerPoint

Word

Argus

Education

Post-secondary degree in Architecture, Engineering, Planning, Finance, or related field

Tools

Excel

PowerPoint

Word

Argus

Job description

About the role

The Director of Construction will work alongside the Chief Development Officer and Vice President, Developments. The successful candidate will manage projects from acquisition and due diligence through planning, approvals, design, construction, leasing, and final delivery, with a focus on mid-rise and high-rise residential developments. This role is based in Toronto, Ontario.

What you'll do

• Lead residential development projects from acquisition and due diligence through planning, approvals, design, construction, leasing, and final delivery


• Evaluate prospective acquisitions, coordinate due diligence, and support financial feasibility and sensitivity analyses


• Manage consultants, contractors, and internal stakeholders to keep projects on schedule, on budget, and aligned with business objectives


• Prepare and manage project budgets, cash flow forecasts, schedules, and development proformas


• Coordinate planning approvals, rezoning, site plan applications, permits, and other municipal processes


• Oversee the construction process, including quality control, site inspections, issue resolution, and contract/payment administration


• Work closely with leasing teams and external brokers to support leasing strategy and execution at appropriate stages of the project


• Liaise with municipalities, approval authorities, community stakeholders, and partners to advance projects efficiently


• Prepare and present project updates, risks, and recommendations to senior leadership


• Help establish and improve development and construction processes, standards, and best practices


• Perform other related duties as required

What you bring

• Minimum five years of real estate development experience, with demonstrated responsibility for managing projects from acquisition through construction completion, leasing, and delivery


• Direct experience with mid-rise and/or high-rise residential projects is required


• Post-secondary degree in Architecture, Engineering, Planning, Finance, or a related field is an asset


• Strong understanding of financial analysis, including proformas, cash flow forecasting, NPV, IRR, and return analysis for development projects


• Solid knowledge of the development process, including acquisitions, entitlements, design coordination, construction management, leasing, and project close-out


• Working knowledge of planning, entitlement, and municipal approval processes within the Greater Toronto Area, including rezoning, official plan amendments, site plan approval, and building permit processes


• Strong analytical, organizational, and problem-solving skills


• Advanced proficiency in Microsoft Excel, PowerPoint, and Word; Argus is an asset


• Established relationships with consultants, contractors, trades, and other industry stakeholders are an asset


• Ability to work effectively both independently and collaboratively in a fast-paced environment


• Excellent communication, leadership, and stakeholder management skills

Location & hours

Montcrest head office, 1131A Leslie Street, Toronto — in office 5 days per week