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.
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.
Essential Duties and Responsibilities:
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Act as a representative and advocate of JPI’s Culture and Guiding Principles.
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Manage monthly draw process: establish draw due dates, approve/reject subcontractor pay applications, monitor cash flow and adjust SOV as needed for non-routine expenses
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Distribute completed draw application to Development Manager for distribution to lender, mezzanine lender, equity partner, and inspecting architects.
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Review, code and process subcontractor billings each month in accordance with deadlines set forth by Financial Services and Lender requirements per the Corporate 7-day Draw Schedule.
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Enter all journal entries associated with the draw while completing the monthly draw package. Includes billings and fee.
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Complete construction related accounting and reporting schedules.
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Monitor petty cash accounts and complete monthly reconciliation.
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Review, code and process weekly invoices from vendors. Process credit applications and setup vendors, when necessary.
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Process monthly invoices for development.
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Obtain insurance, W-9 forms, and lien releases from Subcontractors/Vendors.
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Assist Project Managers and construction team in monitoring project costs, and creating, reviewing and revising budgets.
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Update Direct Costs (bi-monthly) in Procore and enter budget modifications in Yardi.
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Reconcile expenses by cost category between finance and construction systems.
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Reconcile Subcontracts between finance and construction systems.
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Prepare subcontractor contracts for Project Manager as directed. Use DocuSign to create and send for signature to all parties involved.
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Forward Executed copy of Subcontract to Treasury for entry in system.
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Maintain a current Contract Status Report thru Procore.
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Assist Project Manager with Project Start-Up, as follows:
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Order signage and initial office supplies
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Oversee setup of initial project jobsite accounts (i.e. portable toilets, site fence, jobsite trailer(s), internet, phone, temporary utilities, generator, etc.)
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Assist Construction team with final close of project:
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Reconcile all subcontractor billings
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Process Final construction draw timely and accurately
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Complete Final Project Reconciliation
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Verify receipt of all Final Unconditional Lien Waivers
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Obtain all required signatures on retainage release notices
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Monitor account standing, and close accounts when appropriate
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Other close out tasks as directed by Project Manager or Project Financial Manger
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Provide payroll allocation to HR as personnel move between projects.
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Maintain Procore Project Directory.
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Process daily mail, scan and distribute to appropriate individual(s)/location.
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Approve Construction department expense reports.
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Participate in weekly and monthly department and/or project specific meetings.
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Manage calendars, reserve meeting rooms, prepare meeting documents, and other tasks as needed by Construction department.
Non-Essential Duties and Responsibilities
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Field questions from Subcontractors/vendors on draws/invoices.
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Process check requests for fees, permits, water meters, etc.
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Coordinate payment of additional equity draws and SOV draw payments.
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Help implement policies and procedures.
Knowledge and Experience Required:
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Bachelor’s degree, preferred
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Notary Public
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A minimum 4-6 years’ work experience in accounting, finance, and/or construction cost management required
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Proficient in Microsoft Office applications [Excel, Word & Power Point]
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Job Cost Accounting experience required
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Accounts Payable/Receivable required
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Must possess a high level of professionalism, organization, attention to detail and the ability to maintain confidentiality
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Self-starter and able to work with little supervision
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Procore and/or Yardi experience, preferred
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Knowledge about applicable state lien laws is beneficial
Knowledge and Experience Required:
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Bachelor’s degree, preferred
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Notary Public
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A minimum 4-6 years’ work experience in accounting, finance, and/or construction cost management required
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Proficient in Microsoft Office applications [Excel, Word & Power Point]
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Job Cost Accounting experience required
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Accounts Payable/Receivable required
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Must possess a high level of professionalism, organization, attention to detail and the ability to maintain confidentiality
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Self-starter and able to work with little supervision
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Procore and/or Yardi experience, preferred
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Knowledge about applicable state lien laws is beneficial
Why work for us?
JPI offers employees a comprehensive benefits package with competitive salaries and more including:
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Competitive annual and milestone bonus program
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Medical, Dental, Vision and Life Insurance
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Health Savings Account
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401(k) with company match
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Flexible Spending Accounts (Dependent & Medical Reimbursement)
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Vacation Time, Holidays, PTO
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Paid Volunteer time
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Tuition Assistance
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Adoption Assistance
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Employee Referral Bonuses
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