SOX Manager

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.

Abou the Job.

JPI has an exciting opportunity for a SOX Manager to join our team located in Dallas, Texas.

The SOX Manager - Real Estate is responsible for the design, execution, and continuous improvement of the Company's SOX compliance program, with a specific focus on real estate development, construction, joint ventures, property operations, and treasury activities.

This role partners closely with Accounting, Development, Treasury, Asset Management, and IT to ensure effective internal controls over financial reporting across project-level entities, complex ownership structures, and transaction-heavy processes. The role balances SOX compliance with operational practicality in a fast-moving, deal-driven environment.

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, Pro Core, 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…