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Bookkeeper

Upward On
locationEnglewood Cliffs, NJ 07632, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job DescriptionAbout the Opportunity

This is an opportunity for a Bookkeeper to join a nationally active title insurance and 1031 exchange platform, supporting a high-volume, multi-state transaction environment. This role sits at the center of financial operations, with a strong focus on escrow accounting, transaction accuracy, and compliance. It offers meaningful exposure to complex real estate transactions and the ability to play a critical role in ensuring smooth, compliant closings across the business.

About the Company

Our client is a North New Jersey-based firm with a national presence, specializing in title insurance and 1031 exchange services. The platform supports a high volume of residential and commercial transactions, with a reputation for precision, compliance, and operational excellence across multiple states.

Role & Responsibilities

Escrow & Trust Accounting

  • Maintain and reconcile escrow and trust accounts
  • Process, record, and disburse escrow funds for real estate closings
  • Investigate and resolve discrepancies in a timely manner
  • Perform monthly three-way reconciliations (bank statement, escrow ledger, trial balance)

1031 Exchange Accounting

  • Record and track forward, reverse, and improvement exchange transactions
  • Monitor exchange timelines and flag at-risk transactions
  • Prepare exchange proceeds reports and coordinate with Qualified Intermediary (QI) team
  • Maintain proper documentation and audit trails in accordance with IRS requirements

General Bookkeeping & Accounts Management

  • Manage accounts payable and receivable, including premium remittances
  • Record daily financial transactions in QuickBooks
  • Reconcile bank, credit card, and general ledger accounts
  • Process payroll entries
  • Manage vendor relationships and ensure timely payments
  • Support month-end and year-end close processes

Reporting & Compliance

  • Generate financial reports including P&L, balance sheets, and transaction summaries
  • Assist with premium tax filings and multi-state remittance schedules
  • Support audits and regulatory reviews
  • Maintain records in accordance with title insurance regulations
  • Prepare 1099s and required tax documentation

Qualifications

  • 3–5+ years of bookkeeping experience within title insurance, real estate settlement, or closing services
  • Experience processing and reconciling HUD-1 and/or ALTA Settlement Statements (CD/TRID)
  • Strong understanding of the full real estate settlement lifecycle
  • Solid knowledge of escrow accounting and trust account reconciliation
  • Familiarity with 1031 exchange rules and Qualified Intermediary processes
  • Proficiency with accounting software (QuickBooks preferred)
  • Strong Excel skills
  • Highly detail-oriented with a high degree of accuracy and integrity
  • Ability to manage a high volume of transactions in a deadline-driven environment
  • Bachelor’s degree in Accounting, Finance, or related field preferred (or equivalent experience)

Compensation, Hours, Location

  • Salary: commensurate with experience, pls send your salary reqs
  • Full-time | Monday – Friday
  • Location: North New Jersey (Englewood Cliffs)
  • Benefits include health coverage, paid time off, and employee savings plan
  • Support for continuing education and industry certifications
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