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Escrow Accounting Coordinator

Company:
Agent Teams / Adjacent Services
Location:
Philadelphia, PA
Posted:
April 12, 2024
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Description:

The Escrow Accounting Coordinator at SQS Square Settlements is primarily responsible for all escrow related

accounting procedures relating to title operations.

Role Responsibilities:

• Posts incoming wire transfers and initiates outgoing wire transfers

• Posts deposits to closing order ledgers

• Prepares daily trial balance

• Performs monthly review of outstanding checks and escrows and seeks resolution

• Balances and scans daily deposits and runs daily reconciliation reports

• Processes positive pay exception items daily

• Inputs and reports of 1099-S data

• Annual filing of escheatment of funds

• Monitors monthly account reconciliation and reports unclaimed funds requirements

• Recovery of settlement losses

• Prepares invoices and processes revenue

• Processes void check requests

• Prepares and processes deposits to appropriate accounts

• Assist with recording of settlement documents.

• Assist with preparation and issuance of title insurance policies.

• Complies with all regulatory requirements.

• Prepares weekly, bi-weekly, and monthly reporting on revenue and units

• Assists with correspondence between SQS and our corporate stakeholders and shareholders

• Identifies and communicates areas of improvement regarding operations to management

• Performs other tasks, duties, or projects as assigned by management.

Required Skills and Competencies:

• Detail-oriented and professional

• Strong communication, both verbal and written

• Proficiency in applications such as MS Excel and other MS Office products

• Experience in Qualia (Preferred but not required)

• Able to maintain work priorities in an environment with multiple concurrent tasks and projects and

maintain flexibility related to assigned tasks

• High attention to detail a must

Experience:

• 3 years of experience in a Title/Escrow position

Job Type:

• Exempt Status

• Full-time

Direct Report:

• Director of Operations

Notice For California Applicants

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