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
• 3 years of experience in a Title/Escrow position