MortgageBoard

Escrow Accountant

NY - New York
Pay Rate: $80000 - $95000 per year

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Overview:
We are seeking an experienced and detail-oriented Accountant, Bookkeeper, or Accounting Specialist with a strong background in the title and escrow industry. The ideal candidate must have hands-on experience preparing and reviewing settlement statements (HUD-1/CD/ALTA), as well as a clear understanding of the financial and transactional workflows within a title company.

Key Responsibilities:

• Prepare, review, and reconcile settlement statements (HUD-1, Closing Disclosure, ALTA) for both residential and commercial transactions.

• Process incoming and outgoing wires, disbursements, and escrow account reconciliations.

• Manage accounts payable (A/P) and accounts receivable (A/R) in accordance with title industry protocols.

• Ensure accuracy in daily, monthly, and quarterly accounting records, including journal entries and general ledger adjustments.

• Maintain and reconcile trust and escrow accounts in compliance with state regulations and underwriter guidelines.

• Assist with internal audits and provide documentation to underwriters and regulatory bodies as required.

• Communicate with escrow officers, underwriters, lenders, and clients to resolve accounting discrepancies.

• Support month-end and year-end financial closings, including preparation of reports for management.

Qualifications:

• Minimum of 3 years of accounting or bookkeeping experience, ideally within a title company or escrow office.

• Proficient in QuickBooks, SoftPro, RamQuest, ResWare, or other title industry accounting software.

• Strong understanding of title and escrow procedures, including real estate settlement practices.

• Experience with commercial transactions and related financial documentation preferred.

• Detail-oriented, analytical, and highly organized.

• Ability to work independently and meet deadlines in a fast-paced environment.