JPI
Director, Internal Audit
JPI, Dallas, Texas, United States, 75215
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 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.About the Job.
The Director of Internal Audit is a strategic leader responsible for overseeing all internal audit functions related to JPI's development, construction projects, and property management operations. This role ensures the integrity, accuracy, and compliance of internal controls and audit processes, while also driving high standards in audit policies, risk management, and technical procedures. This role calls for individuals who have exposure to corporate accounting and internal audit functions in a mid-sized organization.
Reporting to senior leadership, the Director is accountable for statutory audit requirements, internal audit education, and the design and implementation of SOX controls, ensuring compliance with new regulatory standards. The Director works effectively with existing corporate accounting and financial services teams, collaborating closely with business units, legal, FP&A, executive leadership, and the Audit Committee.
Essential Functions & ResponsibilitiesLeadership of Internal Audit Functions:
Oversee all core internal audit operations, including audits of financial reporting, tax, AR/AP, consolidations, inter-company transactions, payroll, and expense management.
Corporate & Real Estate Auditing:
Ensure timely completion of audit activities related to corporate and real estate operations, proactively addressing any potential audit issues.
Revenue & Transaction Compliance:
Ensure compliance with ASC 606 for real estate development and construction revenue transactions in collaboration with the Project Accounting team.
Collaboration with FP&A:
Provide timely audit insights and data to the FP&A team to support reliable forecasting and variance analysis. Partner in the preparation of annual, quarterly, and monthly reports.
Audit Policies & SOX Compliance:
Develop and update audit policies to address operational changes and internal control requirements. Lead the design and execution of SOX controls within the audit function.
Technical Audit Compliance:
Ensure adherence to technical audit standards, particularly during monthly closes, and oversee auditing for leases, stock-based compensation, investments, debt, intangibles, and goodwill, including impairment testing.
Complex Transactions:
Provide expert guidance on accounting for and auditing complex transactions, including mergers, acquisitions, purchase price allocations, and intangible asset valuations.
Reporting & Audits:
Oversee internal audit reporting to senior leadership and ensure compliance with statutory audits for JPI and affiliated entities.
Tax Compliance:
Ensure compliance with tax regulations relevant to the real estate and construction sectors.
Team Development & Training:
Lead internal audit education and training initiatives within the corporate accounting and financial services teams. Present key audit updates to executive leadership and the Audit Committee.
Non-essential Functions & ResponsibilitiesOther duties as assigned.
Education, Work Experience, & Physical RequirementsBachelor's degree in accounting and CPA certification required.
8-10 years of public accounting experience, including at least 2-3 years in a senior corporate accounting role, preferably in the real estate and construction industries.
Strong technical accounting background with expertise in US GAAP, FASB codification, and experience in preparing technical accounting memos and conducting research.
In-depth knowledge of SOX, including control design, execution, and documentation.
Advanced financial accounting, modeling, and analytical skills.
Exceptional communication abilities to explain complex accounting matters clearly to both financial and non-financial stakeholders.
Expertise in MS Excel with proficiency in advanced formulas and financial analysis tools.
Why work for us?We are a People First culture, and seek team members who are hungry, humble, and people smart with an eye to continuous improvement. Our culture begins with people and our goal is to attract, retain, and grow the best talent in the industry. Through ongoing investment in the development of our people, we provide meaningful opportunities for professional success and fulfillment. Led by values and principle-based leadership, our team approaches every project with responsibility, accountability, and integrity.Industry RecognitionWe're not inclined to brag, but we have been recognized on some impressive lists. Here are just a few of our noteworthy recognitions:
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
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.About the Job.
The Director of Internal Audit is a strategic leader responsible for overseeing all internal audit functions related to JPI's development, construction projects, and property management operations. This role ensures the integrity, accuracy, and compliance of internal controls and audit processes, while also driving high standards in audit policies, risk management, and technical procedures. This role calls for individuals who have exposure to corporate accounting and internal audit functions in a mid-sized organization.
Reporting to senior leadership, the Director is accountable for statutory audit requirements, internal audit education, and the design and implementation of SOX controls, ensuring compliance with new regulatory standards. The Director works effectively with existing corporate accounting and financial services teams, collaborating closely with business units, legal, FP&A, executive leadership, and the Audit Committee.
Essential Functions & ResponsibilitiesLeadership of Internal Audit Functions:
Oversee all core internal audit operations, including audits of financial reporting, tax, AR/AP, consolidations, inter-company transactions, payroll, and expense management.
Corporate & Real Estate Auditing:
Ensure timely completion of audit activities related to corporate and real estate operations, proactively addressing any potential audit issues.
Revenue & Transaction Compliance:
Ensure compliance with ASC 606 for real estate development and construction revenue transactions in collaboration with the Project Accounting team.
Collaboration with FP&A:
Provide timely audit insights and data to the FP&A team to support reliable forecasting and variance analysis. Partner in the preparation of annual, quarterly, and monthly reports.
Audit Policies & SOX Compliance:
Develop and update audit policies to address operational changes and internal control requirements. Lead the design and execution of SOX controls within the audit function.
Technical Audit Compliance:
Ensure adherence to technical audit standards, particularly during monthly closes, and oversee auditing for leases, stock-based compensation, investments, debt, intangibles, and goodwill, including impairment testing.
Complex Transactions:
Provide expert guidance on accounting for and auditing complex transactions, including mergers, acquisitions, purchase price allocations, and intangible asset valuations.
Reporting & Audits:
Oversee internal audit reporting to senior leadership and ensure compliance with statutory audits for JPI and affiliated entities.
Tax Compliance:
Ensure compliance with tax regulations relevant to the real estate and construction sectors.
Team Development & Training:
Lead internal audit education and training initiatives within the corporate accounting and financial services teams. Present key audit updates to executive leadership and the Audit Committee.
Non-essential Functions & ResponsibilitiesOther duties as assigned.
Education, Work Experience, & Physical RequirementsBachelor's degree in accounting and CPA certification required.
8-10 years of public accounting experience, including at least 2-3 years in a senior corporate accounting role, preferably in the real estate and construction industries.
Strong technical accounting background with expertise in US GAAP, FASB codification, and experience in preparing technical accounting memos and conducting research.
In-depth knowledge of SOX, including control design, execution, and documentation.
Advanced financial accounting, modeling, and analytical skills.
Exceptional communication abilities to explain complex accounting matters clearly to both financial and non-financial stakeholders.
Expertise in MS Excel with proficiency in advanced formulas and financial analysis tools.
Why work for us?We are a People First culture, and seek team members who are hungry, humble, and people smart with an eye to continuous improvement. Our culture begins with people and our goal is to attract, retain, and grow the best talent in the industry. Through ongoing investment in the development of our people, we provide meaningful opportunities for professional success and fulfillment. Led by values and principle-based leadership, our team approaches every project with responsibility, accountability, and integrity.Industry RecognitionWe're not inclined to brag, but we have been recognized on some impressive lists. Here are just a few of our noteworthy recognitions:
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