Accounts Payable & Receivable Lead- Trades

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.

JPI has an exciting opportunity for an AR / AP Lead to join our Trades Finance team located in Irving, TX.

The ideal candidate will be responsible for managing all aspects of the accounts payable and receivable process, ensuring accuracy, efficiency, and adherence to company policies and procedures. This role will involve processing invoices, reconciling accounts, maintaining vendor records, handling payment inquiries, and managing customer invoices and collections. The Accounts Payable and Receivable Lead will play a vital role in establishing a process within AP Trades and maintaining the financial health of the organization by ensuring timely and accurate payment and receipt of funds.

This role will be required to be in office 5 days a week.

Essential Functions & Responsibilities

ACCOUNTS PAYABLE :

Lead accurate and timely processing of accounts payable including receipting, invoice entry, reversals, purchase order matching (3-way matching), proper coding, and approval routing.

Pro-actively investigate and resolve matching exceptions between receipts and invoices, particularly on the inventory side by working with vendors, internal departments, and stakeholders.

Reconcile vendor statements and resolve discrepancies promptly with weekly communication and follow up.

Complete credit applications and new vendor set ups by working promptly and following up when there are hold ups.

Oversee the Master Invoice Tracker and ensure completeness and accuracy and contribute new ideas of managing the file to support the growth of the department.

Prepare and review the check request payments completed twice a week and lead as the point of contact for all payment inquiries. Oversee and manage the AP email inbox and ensure analysts are accountable for their portfolios

Generate and distribute weekly open PO reports; review with Accounting for approval.

Reconcile AP subledger to the general ledger.

Continuously evaluate AP systems and processes to identify and implement best practices, automation, and internal controls.

ACCOUNTS RECEIVABLE :

Maintain and distribution intercompany billbacks and customer invoices (as needed), follow up on aging AR items.

Reconcile accounts receivable balances, investigate and resolve discrepancies.

GENERAL ACCOUNTING & REPORTING :

Perform reconciliations for assigned vendors and or projects and support Purchase Orders, Receipts and invoicing tie-outs.

Maintain Master schedules which will facilitate month-end accruals.

Prepare invoices as needed for ad-hoc purposes.

Non-Essential Functions :

Other duties as assigned.

Education, Work Experience, and Physical Requirements

Bachelor's degree, preferably in Accounting, and or Finance.

Proven experience in accounts payable and receivable, with a strong understanding of accounting principles and practices is required.

3-5 years of experience in real estate and or the construction industry and is required.

3-5 years of experience with invoicing inventory items and resolving discrepancies is required

Proficiency in construction accounting software; Sage Intact, Workday, Procore is preferred

Proficiency in Microsoft Excel, Airtable, Outlook and Word.

Excellent attention to detail and accuracy in data entry and record-keeping.

Strong organizational and time management skills, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.

Effective communication and interpersonal skills, with the ability to interact professionally with vendors, customers, and colleagues.

Knowledge of relevant laws, regulations, and compliance requirements related to accounts payable and receivable.

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