OSC Commercial Director
Jpi-20cf702b
About The CompanyBuilt 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.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 BuildingEnhance CommunitiesImprove LivesJPI 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 companyComprehensive training and developmentPromotion from within at all levels of the organizationBorderless Careers, based on performance, potential, and personal ambitionIndustry RecognitionNMHC - #1 Fastest Growing Developer; #2 Fastest Growing Building; #8 Largest National Developer; # 11 Largest National BuilderReal Page – Most active multifamily developer in DFW for the past 8 yearsDallas Business Journal Best Places to Work – 2023Dallas Business Journal – Largest DFW Real Estate Developers - #11JPI offers associates a comprehensive benefits package with competitive salaries and more, including:Competitive Bonus Program4 Weeks PTO for All New Associates (Pro-Rated by Hire Date)11 Holidays and 8 Early Release DaysMedical, Dental, Vision, and Life Insurance401(k) with Company Match (Up to 5% Match)Health Savings AccountFlexible Spending Accounts (Dependent & Medical Reimbursement)Paid Parental LeavePaid Volunteer TimeTuition AssistancePhone ReimbursementAssociate Referral BonusesAbout the JobJPI has an exciting opportunity for a Commercial Director to join our Operations Support Center team located in Dallas, TX. This is a national leadership role responsible for commercial execution across JPI’s multi-region construction portfolio. The Commercial Director oversees all Commercial buyout, financial controls, and contract management activity across active projects nationwide, leading a team of Managers, Commercial Leads and Specialists embedded in each region. This role is central to JPI’s Operating Model — driving standardization, financial accountability, and scalable commercial processes as JPI expands regions.Essential Functions & ResponsibilitiesMulti-Region Leadership & StandardizationOversee Commercial Managers, Leads and Specialists across all active JPI regions, ensuring consistent application of Commercial SOPs, buyout processes, and financial controls.Serve as the national authority on Commercial process standards; own the development, rollout, and enforcement of standardized workflows across all regions.Partner with the OSC Director and regional Construction Managers to align commercial execution with project timelines and regional market conditions.Lead onboarding and capability-building for Commercial team members in new markets as JPI expands into additional regions.Identify performance variances across regions; escalate risks and implement corrective action plans.Conduct regular portfolio-level reviews across all regions to assess financial health, buyout status, and SOP compliance.Project Oversight & Financial ControlsMonitor project budgets and resource allocation across the national portfolio using digital tools and analytics.Accountable for Budget Snapshots and ensuring accurate project forecasting with trades and GC/GRs.Ensure direct costs are uploaded accurately and in a timely manner.Oversee timely contractual award process adhering to project timelines.Buyout & Contract ManagementAccountable for buyout log or contract tracking device for executed contracts.Accountable for receiving standardized SOV format and proposals from Precon as ready for Commercial team to execute contracts.Accountable for executing contracts between JPI and Subcontractor along with the Construction Managers.Review the buyout log prepared by the Commercial Lead to assess the status of contract execution for each trade/consultant; log should reflect LOIs, COIs, contracts, and budget vs. contract amounts.Validation of bids, LOIs, Initiation Sheets, SOWs, and SOVs for subcontractor contracts.Procore Administration & ComplianceManage administrative setup in Procore and audit for compliance to reporting requirements (buyout, PO, allowances).Verifying and approving POs and change orders to PCCOs.Verify POs are closed at the end of a project.Accountable that all dashboards are accurate and up to date with live data.GC Pay & BillingOversee GC/Procore pay and billing approvals to facilitate timely pay application based on detailed project % complete.Work with the MV team to Verify trade partner pay applications reflect work that is complete and true.Ensure proper documentation when drawing for stored materials.Accountable to ensure owner pay app is approved by all parties, sent to the bank, and funded on time.Manage the Owner Allowance Log; track allowances monthly through a PCO.Manage the Weather Log; track weather days and dollars through a PCO.Change Order ManagementManage change order log and execute change orders.Work with general counsel and support team during technical negotiations as required.Provide input on contract negotiations with the Commercial Lead and Specialist.Scope of Work StandardsAccountable to update Standard SOWs with identified gaps.Own the national SOW library; maintain version control and distribute updates to all regional Commercial teams.Establish and chair a recurring cross-regional lessons learned process to capture scope gaps and drive SOW improvements across the portfolio.Review across company project portfolio and highlight trends in scope gaps.Technology IntegrationUtilize construction management software (e.g., Procore, Autodesk BIM 360, Primavera P6) and AI-driven analytics to track progress and mitigate risks.Leverage dashboards and digital workflows to drive operational efficiency across all regions.Team Coordination & CommunicationLead the Commercial team including Commercial Managers, Leads and Specialists across all active regions to ensure consistent execution of financial and buyout activities.Maintain visibility into team capacity and workload across regions; adjust resource deployment as needed to support project demands.Prepare financial reports for field teams, clients, and executive leadership, providing regular updates across the full project portfolio.Accountable for Commercial team’s timely response and close out of all work tickets nationally.ExpectationsAct as a representative and advocate of JPI’s culture and guiding principles.5 day (Monday–Friday) Physical Co-location in Dallas, TX.Daily Collaboration.Evaluate, mentor, and assist in the training and development of the Commercial Team.Travel required to JPI regional markets and project sites; estimated <10% travel depending on expansion activity and project lifecycle.Support buildout of OSC satellite offices in new expansion markets as JPI scales.Policies, Forms, Templates & ReportsBuyout LogProcore Commitments ToolsSOW/SOV TemplatesDocuSign Signing Order for contracts and change ordersInitiation Sheet / LOI TemplatesWorkday PO SOPAllowance Log Template SOPWeather Log Template SOPChange Order Log Template (CCO, PCO, PCCO)Procore Budget Tool (Budget Snapshots)SOW Lessons Learned SharePointNon-Essential Duties and ResponsibilitiesAdditional duties as assigned in support of OSC operational objectives.Education, Work Experience, & Physical RequirementsBachelor’s degree in Construction Management, Engineering, Business Administration, or a related field, or equivalent experience.15+ years’ experience in construction operations or commercial management, with at least 7 years in a senior leadership role overseeing multi-project or multi-region portfolios.Strong understanding of construction project management tools (e.g., Procore, Autodesk BIM 360, Primavera P6).Experience managing geographically distributed teams across multiple markets simultaneously.Demonstrated experience leading commercial functions through organizational growth, standardization, or operating model transformation.Excellent organizational, communication, leadership, and problem-solving skills.Proficiency in MS Office and project management applications.Ability to handle confidential information with discretion.
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Vacancy posted 1 day ago
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