Project Financial Manager

Full Time
Dallas, TX
Posted
Job description
About The Company
Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active privately held real estate companies in Dallas-Fort Worth and Southern California. For more than 30 years, JPI has built “Quality for our Customers,” designing and developing communities with exceptional services and amenities. Our team is committed to data-driven management and continuous improvement. Its team of experts utilizes data – including unparalleled market research, proven business processes and proprietary models – to ensure that every decision is strategic, focused and aimed at producing the best multifamily assets with the best risk-adjusted returns. Our teams are continuously growing and always seeking great talent to join the JPI Family.

People are our #1 asset, and we are a People First culture. In addition to our unique business strategy, JPI counts its people as a clear differentiator. JPI built a culture that begins with its people and intentionally attracts, retains, and grows the best talent in the industry. Led by values and principle-based leadership, the JPI team approaches every effort with responsibility, accountability, and integrity.
About This Job
Essential Duties and Responsibilities:
  • Drive the culture within department and project teams on the foundation of the company core values and guiding principles.
  • Assign Project Financial Specialists to specific projects and oversee work deliverables.
  • Review and approve monthly construction and development draw packages ensuring 7-day Draw Schedule is met and journal entries are complete, including billings and fee.
  • Field questions from Project Financial Specialists on contracts, draws, invoices, etc.
  • Ensure accounts receivable (bank draws) are funded timely. Similarly, ensure accounts payable (subcontractor pay apps and other miscellaneous vendors) are paid timely.
  • Lead processes to setup and close out projects; establish draw due dates for new projects; create schedules to ensure all required tasks are completed timely; prepare final reconciliations at close out; verify all final unconditional lien waivers are received; obtain required signatures on retainage release notices; and participate in weekly project team meetings.
  • Approve construction department expense reports.
  • Mentor, train, manage, and provide leadership and direction for Project Financial Specialists.
  • Assist Project Financial Director develop, implement, and maintain annual budget for Project Financial Team and initiatives.
  • Continuously evaluate and provide feedback regarding strengths and development areas for Project Financial Specialists.
  • Enforce policies and procedures that pertain to the Project Financial Teams, Field Staff, and Project Managers.
  • Ensure all Project Financial Team deadlines for direct cost updates, draws, contract execution, PCCO/CCO entries, GCPay approvals, invoices, journal entries, reconciliations, construction expense approvals, etc., are being regularly met and proactively communicate any challenges that might prevent this from occurring.
  • Maintain constant, proactive, and clear communications with Project Financial Director regarding project status, team dynamics, team and individual performance, potential risk, challenges, etc.
Non-Essential Duties and Responsibilities:
  • Act as a liaison with the Business Systems team to resolve system reporting.
  • Act as a liaison with the Procore Systems and regional team.
  • Provide assistance to banks when needed.
  • Ensure Construction Contact List is updated monthly.
  • Oversee processing of monthly invoices for development.
  • Review Contract Status Reports for each project to ensure they are being kept up to date.
  • Assist Regional Construction and Development teams with special projects.
  • Oversee supply and equipment ordering for jobsites as needed.
  • Other Duties as assigned

Knowledge and Experience Required:
  • Bachelor’s Degree in Accounting, Finance or Business, preferred
  • Notary Public
  • A minimum 4 to 6 years of experience in accounting, finance, and/or construction cost management required with a minimum of 4 years spent in a management position.
  • Job cost experience preferred
  • Account payable / Accounts receivable experience preferred
  • Must be proficient in Microsoft Office applications [Excel, Word & Power Point a must]
  • Must possess a high level of professionalism, organization, and maintain confidentiality
  • Ability to work in a fast-paced environment
  • Must be knowledgeable about applicable state lien laws
  • Construction industry experience, preferred
Why work for us?

People are our #1 asset. In addition to its unique business strategy, JPI counts its people as a clear differentiator. JPI has built a culture that begins with its people and intentionally attracts, retains, and grows the best talent in the industry. Led by values and principle-based leadership, the JPI team approaches every project with responsibility, accountability, and integrity.

JPI offers employees a comprehensive benefits package with competitive salaries and more including:
  • Competitive annual and milestone bonus program
  • Medical, Dental, Vision and Life Insurance
  • Health Savings Account
  • 401(k) with company match
  • Flexible Spending Accounts (Dependent & Medical Reimbursement)
  • Vacation Time, Holidays, PTO
  • Paid Volunteer time
  • Tuition Assistance
  • Adoption Assistance
  • Commuter Benefits
  • Employee Referral Bonuses

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