Job Description
As a JV Finance Manager working for Taylor Morrison, you will be responsible for working with the VP of Finance to review the JV financial statements, lot takedowns, land development costs, cost accounting, forecasting, and more.
We trust that as a JV Finance Manager you will: (responsibilities)
Responsible for day-to-day management and operations of JV.
Serve as the liaison between the JV partners with respect to decision making and general business operations.
In coordination with the division’s Vice Presidents, responsible for the land development process, including completion of Investment Committee applications (for both limited partners), budgeting, engineering, design, planning, entitlements, scheduling, forecasting, and consultant oversight.
Review all Contractor Agreements, Payment Applications, and Change Orders.
Review and approve all land closing Settlement Statements.
Coordinate and collect all Special District bond reimbursements payable to the JV.
Maintain insurance coverage for each JV.
Ensuring compliance and requirements necessary to remain unconsolidated.
Organize, lead, and conduct Partner Meetings with representatives of the limited partners, including Division Presidents, VP Land Development, VP Land Acquisition, VP Finance and JV team members.
Oversee the preparation of semi-annual budget updates and prepare narrative for mid-year budget memo, annual Business Plan, and cash flow projections. Responsible for submission and presentation to Investment Committee.
Review/approve financial statements before submission to limited partners.
Ensure all development and overhead budgets are updated and maintained on a quarterly basis.
Prepare and submit all lot takedown requests for corporate approval.
Support the VP of Finance in providing financial management expertise for all the division’s JV’s.
Weekly and Monthly Unit Report Reconciliation.
Relative Sales Value (RSV) Calcs / Lot Cost Allocation accuracy and schedules.
Weekly Cashflow Forecast Due to Treasury.
Review month end financials and provide commentary to region concerning the Finance aspects of the JV’s performance while maintaining a 3-day closing schedule.
Ensure that corporate financial policies and procedures are adhered to.
Responsible for accuracy of financial reports as assigned duties.
You are willing to perform other duties as assigned.
What you will need: (competencies, behaviors & attributes)
Business Acumen
Customer Focus
Developing Direct Reports and Others
Drive for Results
Priority Setting
Self-Knowledge
About you:
Bachelor’s degree in Accounting or Finance
Seven years of experience in Finance/Accounting
Accounting experience, preferably in the homebuilding, land development and/or construction industry
Experience with finance systems and software
Knowledge of cost accounting (specifically construction industry)
Prior experience managing and training accounting/finance personnel
Computer literacy, including excellent Excel skills
Credit report in good standing
FLSA Status: Exempt
Will have responsibilities such as:
Determining work techniques.
Planning the work.
Apportioning work among employees.
Determining the types of equipment to be used in performing work, or materials needed.
Planning budgets for work.
Essential Functions:
Successful job applicants will be able to perform these functions. Reasonable accommodations will be made to enable individuals with disabilities to perform the essential functions.
Report to VPF and adhere to deadline schedules.
Ability to oversee direct reports daily and provide guidance as needed.
Ability to access, input, and retrieve information from a computer and/or electronic device.
Ability to have face to face conversations with internal and external customers, co-workers and higher-level manager.
Ability to sit or stand for long periods of time and move around work environment as needed.
Ability to operate a motor vehicle.
Comply with company policies and procedure.
Physical Demands:
Must be able to able to remain in a stationary position 50% of the time
The ability to frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds
*Taylor Morrison experience and/or successful completion of training program may override required education and/or experience requirement.
Job descriptions are not intended as, nor should be construed to be, exhaustive lists of all responsibilities, skills, efforts, or working conditions associated with a job. They are intended to be accurate reflections of those principal job duties and responsibilities essential for making fair pay decisions about the job.
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