SOX Manager

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 35 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.

Essential Functions & Responsibilities

SOX Program Ownership (Real Estate Focus)

• Own the annual SOX compliance program for a real estate platform with:

  • Multiple legal entities and SPEs

  • Joint ventures with varying ownership percentages

  • Development, construction, stabilized, and disposition phases

• Lead SOX planning, risk assessment, scoping, and execution.

• Act as the primary liaison with external auditors on SOX and ICFR matters.

Real Estate-Specific Process Coverage

Development & Construction Accounting

• Oversee SOX controls related to:

• Construction and development revenue recognition (ASC 606)

• Cost certification and job cost allocations

• Capitalized interest (ASC 835-20)

• Project budget changes and forecast-to-complete controls

Joint Ventures & Ownership Accounting

• Controls over:

  • Equity method accounting (ASC 323)

  • JV eliminations and roll-ups

  • Partner distributions and waterfall calculations

  • Minority interest and promote allocations

  • Intercompany and related-party transactions

Treasury & Cash Management

• SOX coverage for:

  • Construction draw processes and lender reporting

  • Bank account setup and closeout for project entities

  • Cash disbursements (ACH, wires, checks)

  • Vendor master data and bank information changes

  • Debt compliance, interest accruals, and covenant tracking

Corporate Accounting, AP & Financial Reporting

• Lead SOX controls across corporate-level accounting and close processes, including:

  • Monthly, quarterly, and annual close procedures

  • Journal entry preparation, review, and approval

  • Account reconciliations and variance analysis

  • Management review controls and close-related analytics

• Oversee SOX coverage for Accounts Payable, including:

  • Invoice processing and three-way matching

  • Vendor setup and maintenance

  • Payment approvals and segregation of duties

  • Accruals and cutoff controls

• SOX oversight for financial reporting, including:

  • Consolidation and roll-forward processes

  • Financial statement preparation and tie-outs

  • Disclosure support schedules and audit support

  • Controls over key spreadsheets and reports used in external reporting

Control Design, Documentation & Testing

• Design and maintain SOX documentation tailored to real estate processes:

  • Process narratives

  • Risk & Control Matrices (RCMs)

  • Flowcharts and control evidence standards

• Lead walkthroughs and testing of key controls, including:

  • Management review controls

  • Manual and automated controls

  • IT-dependent controls

• Evaluate control design and operating effectiveness in accordance with COSO.

Deficiency Management & Remediation

• Identify and evaluate control deficiencies and assess severity.

• Partner with Accounting, Treasury, and Operations to design practical remediation plans.

• Track remediation progress and perform retesting.

• Proactively identify systemic or recurring control issues across projects.

ITGCs & Systems (Real Estate ERP)

• Oversee SOX IT General Controls (ITGCs) for:

  • ERP systems (e.g., Workday Financials, Yardi, ProCore, GCPay)

  • Reporting and consolidation tools

• Coordinate SOX considerations for system implementations, upgrades, and new modules.

• Promote increased reliance on automated and system-based controls.

Process Improvement & Scalability

• Identify opportunities to:

  • Standardize controls across projects and property types

  • Reduce manual, spreadsheet-driven controls

  • Improve close timelines and audit efficiency

• Support control rationalization as the portfolio grows or changes.

Stakeholder & People Management

• Serve as a trusted SOX advisor to:

  • Development and Construction teams

  • Accounting and Treasury leadership

• Train control owners on SOX expectations and evidence standards.

• Manage and/or coordinate co-sourced SOX providers or internal staff.

Non-essential Functions & Responsibilities

• Other duties as assigned.

Education, Work Experience, & Physical Requirements

Required:

• Bachelor's degree in Accounting, Finance, or related field.

• 6-10+ years of experience in SOX, Internal Audit, Accounting, or external audit.

• Hands-on experience with real estate accounting and controls, including development and joint ventures.

• Strong understanding of SOX, ICFR, and the COSO framework.

• Experience working directly with external auditors.

• Proven experience in an executive support role or similar position.

• Excellent organizational and leadership skills.

• Strong interpersonal and communication abilities.

• Proficiency in using business software and tools, including MS Office and project management applications.

• Ability to handle confidential information with discretion.

Preferred:

• CPA or CIA.

• Big 4 or national firm audit experience in real estate.

• Experience with multi-entity, project-based accounting structures.

• ERP experience in real estate environments (Workday, Yardi,etc.).

• Experience supporting IPO-ready or recently public real estate platforms.

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