Why is this showing up as 2nd place? Per timer it should be in 11th?

I'm not sure if a timer on PVP would be the greatest thing. Mostly due to the fact you're in a group of multiple other people against other people.

I would say the best way to time a Jump Puzzle would be from the moment you land on the first lodge after the first jump. That way you don't have to deal with any potential differences and rng.