OSC Commercial Leaad

About this role

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.

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

About the Job

JPI has an exciting opportunity for a Commercial Lead to join our Operations Support Center team located in Dallas, TX.

The Commercial Lead will be responsible for managing subcontractor contracts, change orders, purchase orders (POs), pay applications, and budget is to ensure effective oversight and administration of contractual agreements throughout the project lifecycle. The Commercial Specialist will deliver the prestart project checklist complete to the Construction Manager by the project NTP. The position will report to the Commercial Manager.

Essential Functions & Responsibilities

Buyout and Contracting  • Review and Validate SOW's and SOV's for each trade. 

• Interview and Validate capabilities of each subcontractor.

• Set Up issuance of contracts on schedule.

• Responsibility to Meet all deliverables per timelines per the project startup checklist.

Administrative setup of contracts and budgets in Procore • Uploading ALL Contract Documents to Commitments in Procore.

• Uploading Trade Partner SOV into Procore Commitments.

• Uploading the Project Budget from the GMP with WBS and Non-WBS cost codes.

• Creating and updating a contract tracking device for executed contracts.

Handle CO (Change Order) Process  • Coordinate with Technical Project Lead on validation of a change order.

• Verify change order costs are accurate and valid.

• Review change order draft and submit for review.

• Create descriptive and well documented change orders for trade partners for scope gaps, additional work, owner value adds, etc.

• Send approved change orders through DocuSign for final execution and ensure the change orders are integrated with ERP and added to GC pay.

• Create, send and manage Owner PCO's. Manage Logs for Allowances and Weather.

Budget Updates, Forecasting and Allocations  • Updating Project direct costs to the Procore budget.

• Forecasting and Updating GC's monthly in accordance with the direct costs.

• Forecasting additional dollars based on past project data for each cost code after contract.

• Creating accurate bi-weekly budget snapshots.

Lead Project Close Out  • Create Job Specific close out template

• Ensure all subcontractors are 100% paid, retainage included for each job.

• Ensure all PO's are closed out for the project.

• Verify that all lien waivers have been received.

• Ensure that future billings are cut-off from being billed to the project.

• Manage the warranty, O&M, as-builts and Procore documentation is uploaded by the milestone-validation lead.

Buyout and Contracting  • A minimum of 3 subcontractors per trade have submitted a SOW and a SOV bid for the project. The Commercial Lead is to validate, assess, negotiate and award subcontracts. The agreed upon Contract Documents (JPI boiler plate, Exhibits A-F, insurance requirements) are submitted to the Commercial specialist and then sent to the Commercial Manager for signature. After the contract is executed, the Commercial Lead will update the buyout log. An executed contract allows the Commercial Specialist to reach out for submittals. 

Administrative setup of contracts and budgets in Procore • Executed contract documents are provided by the Commercial specialist and uploaded to the commitment tool in Procore (JPI boiler plate, Exhibits A-F, insurance requirements, SOV). 

• The Project GMP is received from the Cost Lead and Budgeting Manager along with a detailed breakdown

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