Project Engineer / Reserve Specialist
Job Overview: We are seeking a highly qualified and detail-oriented Reserve Specialist to join our team of Geotechnical Engineers. As a Reserve Specialist, you will play a crucial role in providing comprehensive Structural Integrity Reserve Studies, Traditional Reserve Studies, and Milestone Reports (“reserve studies”) for communities, ensuring that property owners and management have a clear understanding of the long-term financial obligations related to property maintenance and capital expenditures. The ideal candidate will possess a strong background in financial analysis, construction knowledge, and excellent communication skills to effectively collaborate with community stakeholders.
Responsibilities:
- Conduct Reserve Studies:
- Perform on-site inspections and assessments of community properties to evaluate the condition of common elements and systems.
- Utilize financial modeling and analysis tools to project future repair and replacement costs based on industry standards and community-specific needs.
- Data Collection and Analysis:
- Collect and analyze relevant data, including historical maintenance records, construction documents, and current property condition assessments, specifically including building envelopes.
- Collaborate with engineering and construction professionals to gather insights into the lifespan and maintenance requirements of various components.
- Perform water testing and leak investigation on existing buildings.
- Financial Forecasting:
- Develop detailed financial forecasts outlining future repair and replacement costs over specified timeframes.
- Present findings in a clear and comprehensible manner, ensuring property owners and management have a realistic understanding of financial obligations.
- Report Generation:
- Prepare comprehensive Reserve Study reports that include detailed cost estimates, funding plans, and recommendations for capital reserve contributions.
- Clearly communicate findings and recommendations to clients, community associations, and other stakeholders.
- Client Collaboration:
- Work closely with community associations, property managers, and board members to understand their unique needs and priorities.
- Provide expert guidance on reserve fund planning and assist in developing long-term strategies for financial sustainability.
- Stay Informed on Industry Standards:
- Keep abreast of industry trends, best practices, and changes in regulations related to reserve studies and community associations.
- Continuously seek opportunities for professional development to enhance skills and knowledge.
Qualifications/Requirements:
- 3 years of experience performing reserve studies.
- Bachelor’s degree in engineering, construction management, or architecture a plus.
- Professional Reserve Analyst designation from APRA a plus.
- Reserve Specialist designation from CAI a plus.
- Strong understanding of construction principles and building systems.
- Excellent analytical and problem-solving skills.
- Proficiency in Microsoft Office Suite.
- Exceptional communication and presentation abilities.
- Ability to work independently and collaboratively in a team environment.
Physical Requirements:
- Must be able to perform physical activities that include frequent ascending/descending of stairs, ramps, ladders, and scaffolding; crawling, kneeling, crouching, stooping, pushing, pulling, lifting, carrying (minimum 30 pounds), and repeated walking and standing for an extended period.
- Must be able to work comfortably from high locations, such as ladders, swing stages, scaffolding, roofs, and balconies.
If you are a dedicated professional with a passion for financial planning and community development, we invite you to apply for this challenging and rewarding Reserve Specialist position. Join us in making a positive impact on community sustainability and financial well-being.
