Director, Treasury - JPI Companies : Job Details
Director, Treasury
JPI CompaniesJob Location : Dallas,TX, USA
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, 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
- 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.
- 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.
- 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.
- 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 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 Recognition
We'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
Benefits
- 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