JPI
Overview
About The Company
Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 3 5 years, JPI has designed and developed communities with best-in-class homes and amenities. JPI 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 produces exceptional multifamily communities with the best risk-adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to "Building What Matters." JPI operates as a subsidiary of Sumitomo Forestry, which is recognized as one of the largest home builders in the United States.
About the Job.
The Director, Treasury is a key strategic partner to senior management, responsible for managing liquidity, optimizing cash flow, mitigating financial risks, and ensuring compliance with treasury-related obligations. This role plays a pivotal part in developing and executing cash management strategies, while fostering financial innovation across multiple departments, including Accounting, Tax, AP, Payroll, Internal Audit, and Procurement.
As a leader within the organization, the Director of Treasury oversees corporate liquidity, risk management, and debt compliance, while ensuring the efficient use of funds and resources. The ideal candidate will bring a blend of strategic vision and technical expertise to drive financial performance and growth.
Essential Functions & Responsibilities Responsibilities
Cash Flow Forecasting & Liquidity Management: Develop and refine financial models for short-term and long-term cash flow forecasting. Collaborate with FP&A and Accounting teams to oversee corporate cash, liquidity, and borrowing needs, providing weekly reporting to senior management.
Daily Cash Positioning: Manage daily cash positioning, including liquidity management, cash reconciliations, and bank reporting to ensure funds are optimally allocated.
Cash Management Strategies: Design and implement strategies to optimize working capital, reduce borrowing costs, and maximize free cash flow.
Intercompany Cash Movements: Oversee and manage intercompany cash flows across all legal entities, including lending, dividends, and capital injections.
Debt Compliance: Manage the company\'s debt compliance and reporting processes, including monitoring debt covenants and ensuring all financial obligations are met.
Risk Management: Identify, monitor, and mitigate financial risks, including foreign exchange and interest rate exposures. Develop hedging strategies to protect the company from financial volatility.
Operational and Compliance Management
Authorized Signatory & Payment Approval: Act as an authorized signatory on bank accounts and a key approver of payments, ensuring compliance with corporate policies and financial regulations.
Treasury Controls & Compliance: Establish and enforce robust treasury policies and procedures, ensuring compliance with internal controls and industry best practices.
KPI Tracking & Reporting: Create and maintain dashboards and presentation materials to track key performance indicators (KPIs) for treasury operations. Report findings to senior management and the Board of Directors.
Special Projects: Lead special projects and handle ad hoc requests that align with corporate objectives and strategic priorities.
Stakeholder Management and Leadership
Collaboration with Accounting & FP&A: Work closely with the Accounting and FP&A teams to ensure treasury activities align with broader financial goals, optimizing working capital and liquidity.
Stakeholder Relationships: Build and maintain strong relationships with banks, lenders, and financial partners to secure favorable terms and support strategic initiatives.
Strategic Partnership & Innovation: Collaborate with senior leadership to develop innovative strategies that enhance treasury operations and contribute to overall business success.
Team Leadership & Development: Lead and mentor a team of treasury professionals, fostering a culture of continuous improvement, professional growth, and high performance.
Non-essential Functions & Responsibilities
Other duties as assigned.
Education, Work Experience, & Physical Requirements
Minimum 10+ years of progressive treasury or finance experience, with demonstrated success in a senior treasury role.
Experience in the real estate industry is preferred but not required.
Bachelor\'s degree in Accounting, Finance, or a related field is required.
A Master\'s degree or MBA is a plus.
Certified Treasury Professional (CTP) designation is a plus.
Why work for us? We have a 35-year track record of developing multifamily communities with responsibility, accountability, and integrity. Our stated purpose is to:
Transform Building
Enhance Communities
Improve Lives
JPI has an ambitious and exciting vision for how we will achieve this, which makes for a positive and dynamic work environment, with many opportunities for personal development and growth. As well as our highly competitive offering of compensation and benefits, we are committed to:
Transformative careers in a transformative company
Comprehensive training and development
Promotion from within at all levels of the organization
Borderless Careers, based on performance, potential, and personal ambition
Industry Recognition
NMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National Builder
Real Page - Most active multifamily developer in DFW for the past 8 years
Dallas Business Journal Best Places to Work - 2023
Dallas Business Journal - Largest DFW Real Estate Developers - #11
JPI offers associates a comprehensive benefits package with competitive salaries and more, including:
Competitive Bonus Program
4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)
11 Holidays and 8 Early Release Days
Medical, Dental, Vision, and Life Insurance
401(k) with Company Match (Up to 5% Match)
Health Savings Account
Flexible Spending Accounts (Dependent & Medical Reimbursement)
Paid Parental Leave
Paid Volunteer Time
Tuition Assistance
Phone Reimbursement
Associate Referral Bonuses
#J-18808-Ljbffr
Built on a foundation of integrity, respect, and commitment, JPI stands out as one of the most active real estate developers and builders in the nation. For more than 3 5 years, JPI has designed and developed communities with best-in-class homes and amenities. JPI 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 produces exceptional multifamily communities with the best risk-adjusted returns. More than just great communities, JPI is focused on leaving a lasting impact on the communities where we build and is continually committed to "Building What Matters." JPI operates as a subsidiary of Sumitomo Forestry, which is recognized as one of the largest home builders in the United States.
About the Job.
The Director, Treasury is a key strategic partner to senior management, responsible for managing liquidity, optimizing cash flow, mitigating financial risks, and ensuring compliance with treasury-related obligations. This role plays a pivotal part in developing and executing cash management strategies, while fostering financial innovation across multiple departments, including Accounting, Tax, AP, Payroll, Internal Audit, and Procurement.
As a leader within the organization, the Director of Treasury oversees corporate liquidity, risk management, and debt compliance, while ensuring the efficient use of funds and resources. The ideal candidate will bring a blend of strategic vision and technical expertise to drive financial performance and growth.
Essential Functions & Responsibilities Responsibilities
Cash Flow Forecasting & Liquidity Management: Develop and refine financial models for short-term and long-term cash flow forecasting. Collaborate with FP&A and Accounting teams to oversee corporate cash, liquidity, and borrowing needs, providing weekly reporting to senior management.
Daily Cash Positioning: Manage daily cash positioning, including liquidity management, cash reconciliations, and bank reporting to ensure funds are optimally allocated.
Cash Management Strategies: Design and implement strategies to optimize working capital, reduce borrowing costs, and maximize free cash flow.
Intercompany Cash Movements: Oversee and manage intercompany cash flows across all legal entities, including lending, dividends, and capital injections.
Debt Compliance: Manage the company\'s debt compliance and reporting processes, including monitoring debt covenants and ensuring all financial obligations are met.
Risk Management: Identify, monitor, and mitigate financial risks, including foreign exchange and interest rate exposures. Develop hedging strategies to protect the company from financial volatility.
Operational and Compliance Management
Authorized Signatory & Payment Approval: Act as an authorized signatory on bank accounts and a key approver of payments, ensuring compliance with corporate policies and financial regulations.
Treasury Controls & Compliance: Establish and enforce robust treasury policies and procedures, ensuring compliance with internal controls and industry best practices.
KPI Tracking & Reporting: Create and maintain dashboards and presentation materials to track key performance indicators (KPIs) for treasury operations. Report findings to senior management and the Board of Directors.
Special Projects: Lead special projects and handle ad hoc requests that align with corporate objectives and strategic priorities.
Stakeholder Management and Leadership
Collaboration with Accounting & FP&A: Work closely with the Accounting and FP&A teams to ensure treasury activities align with broader financial goals, optimizing working capital and liquidity.
Stakeholder Relationships: Build and maintain strong relationships with banks, lenders, and financial partners to secure favorable terms and support strategic initiatives.
Strategic Partnership & Innovation: Collaborate with senior leadership to develop innovative strategies that enhance treasury operations and contribute to overall business success.
Team Leadership & Development: Lead and mentor a team of treasury professionals, fostering a culture of continuous improvement, professional growth, and high performance.
Non-essential Functions & Responsibilities
Other duties as assigned.
Education, Work Experience, & Physical Requirements
Minimum 10+ years of progressive treasury or finance experience, with demonstrated success in a senior treasury role.
Experience in the real estate industry is preferred but not required.
Bachelor\'s degree in Accounting, Finance, or a related field is required.
A Master\'s degree or MBA is a plus.
Certified Treasury Professional (CTP) designation is a plus.
Why work for us? We have a 35-year track record of developing multifamily communities with responsibility, accountability, and integrity. Our stated purpose is to:
Transform Building
Enhance Communities
Improve Lives
JPI has an ambitious and exciting vision for how we will achieve this, which makes for a positive and dynamic work environment, with many opportunities for personal development and growth. As well as our highly competitive offering of compensation and benefits, we are committed to:
Transformative careers in a transformative company
Comprehensive training and development
Promotion from within at all levels of the organization
Borderless Careers, based on performance, potential, and personal ambition
Industry Recognition
NMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National Builder
Real Page - Most active multifamily developer in DFW for the past 8 years
Dallas Business Journal Best Places to Work - 2023
Dallas Business Journal - Largest DFW Real Estate Developers - #11
JPI offers associates a comprehensive benefits package with competitive salaries and more, including:
Competitive Bonus Program
4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)
11 Holidays and 8 Early Release Days
Medical, Dental, Vision, and Life Insurance
401(k) with Company Match (Up to 5% Match)
Health Savings Account
Flexible Spending Accounts (Dependent & Medical Reimbursement)
Paid Parental Leave
Paid Volunteer Time
Tuition Assistance
Phone Reimbursement
Associate Referral Bonuses
#J-18808-Ljbffr