CapCenter is a technology-driven mortgage lender headquartered in Richmond, Virginia. We originate purchase and refinance mortgages, sell loans into the secondary market, and run an integrated platform that spans mortgage origination, servicing and real estate. Our success for over 29 years has been built on a dedication to client service and our reputation for doing business the right way.Role Summary The Senior Settlement Accountant owns the accounting and execution of cash flowing out at the moment of every CapCenter closing. Working alongside our in-house closing attorney — who validates each Closing Disclosure, file completeness, and disbursement authorization — this role executes the wires and checks, books the entries, reconciles the cash, and maintains the audit trail.The right person blends accountant craft (general-ledger reconciliations, escrow trust accounting, three-way reconciliations under ALTA Best Practices) with closing-day discipline (timely wires, accurate CD-to-disbursement matching, clean audit support). The role is hands-on and high-frequency.This is a fiduciary seat — the funds being disbursed are borrower, payoff, and settlement funds, not CapCenter's operating cash — and it carries direct accountability for the accuracy, timeliness, and integrity of every disbursement after the closing attorney's sign-off. Reports to the Controller.Key Responsibilities Loan Closing Disbursement ExecutionReceive validated closing files from the closing attorney and execute the disbursement wires and checks per the Closing Disclosure (CD)Initiate payoff wires to existing mortgage holders, disbursements to outside settlement agents, and funds-due-to-borrower checks or wiresPay third-party fees per the CD — appraisal, credit, recording, transfer tax, broker compensation, and similar itemsConfirm wire receipts in real time; resolve same-day disbursement variances with settlement agentsSettlement and Escrow AccountingBook the journal entries for every closing disbursement — accurate GL coding, cost-center assignment, and fiduciary classificationMaintain the settlement and escrow subledgers; ensure entries tie to bank activity dailyBook escrow movements (taxes, insurance, HOA, MIP) into fiduciary accountingReconcile settlement-side activity to the loan-level subledger and to the corporate GL on a regular cadenceHandle unclaimed funds tracking and escheatment per state requirementsEscrow Account ReconciliationPerform daily and monthly three-way reconciliations of escrow trust accounts — book balance, bank balance, and escrow trial balance must agreeInvestigate and resolve variances within ALTA-compliant timeframes (45-day close-of-reconciliation standard)Monitor stale outstanding transactions; follow up to clear or escheat as requiredMaintain documented reconciliation procedures and audit support for state regulators and the external auditorEnforce wire-fraud controls — callback verification on any change in wire instructions, dual control on outgoing wires per company policyApply AML / OFAC checks on disbursement destinations where requiredPartner with the closing attorney on pre-funding compliance — TRID waiting periods, rescission rules, and disclosure completenessMaintain a complete, audit-ready trail for every disbursement — CD, wire confirmations, attorney sign-off, accounting entriesLoan Closing Disbursement ExecutionPrepare settlement-side close inputs — disbursement accruals, escrow reconciliations, fiduciary balance sheet schedulesReconcile the settlement subledger to the GL every month; investigate and clear variancesOwn the audit binder for settlement and escrow controls — schedules, reconciliations, supporting documentationBe the named owner for the external audit walkthrough of disbursement and escrow controlsWhat Success Looks Like in Year One 100% of closing disbursements execute accurately and on time, with no client-impacting wire errors or delaysThree-way escrow reconciliations completed on the ALTA cadence with zero unresolved long-aged variancesA complete, organized audit trail for every closed loan — CD, attorney sign-off, wire confirmations, accounting entriesSettlement subledger reconciled to the GL monthly with no lingering variancesZero wire-fraud incidents and a demonstrably strong callback / dual-control postureContribution to at least one process, system, or controls improvementQualifications Bachelor's degree in Accounting, Finance, Business, or related field5+ years combined experience in settlement accounting, escrow accounting, mortgage funding, or title-company trust accountingStrong working knowledge of the Closing Disclosure, ALTA settlement statements, and the mortgage closing processFamiliarity with RESPA, TRID, the 3-day right of rescission, and wire-fraud controlsComfort initiating and tracking wires; understanding of wire-fraud risks and standard controls (callback verification, dual control)Detail-oriented; accuracy is non-negotiable; calm under same-day deadlinesUS GAAP proficiency for fiduciary and escrow accountingAdvanced Excel; comfort with an ERP/GL system#J-18808-Ljbffr