About Us
BD Capital is a private lending firm focused on providing flexible, asset-based financing solutions for real estate investors across the country. We specialize in bridge, construction, and rental property loans, supporting borrowers through acquisitions, refinances, and ground-up development projects.
Our platform is built around speed, transparency, and execution. We pride ourselves on moving quickly from term sheet to closing while maintaining disciplined underwriting and a consistent, scalable process. Our team works closely with borrowers and brokers to navigate complex deals, ensuring clear communication and a streamlined experience from start to finish.
At BD Capital, we are not just transaction-focused, we aim to build long-term relationships with our clients by being a reliable capital partner across multiple projects. Internally, we emphasize collaboration, accountability, and continuous process improvement to support our growth and deliver a high level of service on every deal.
Position Summary
We are seeking a Servicing Accountant with deep loan-level servicing experience to serve as a critical bridge between our corporate accounting function and our loan servicing desk. This is a high-visibility role with direct exposure to senior leadership — including the Controller, CFO, and CEO — and is responsible for ensuring the integrity of our servicing portfolio accounting, remittance review, and reconciliations between The Mortgage Office (TMO) and QuickBooks.
The ideal candidate has hands-on experience working at the loan level, inside a servicing environment, understands the lifecycle of a serviced loan (boarding through payoff), and has reconciled servicing system data to a corporate general ledger. This person is detail-oriented, comfortable owning month-end reconciliations end-to-end, and able to translate technical servicing nuances into clear, decision-ready summaries for executive leadership.
Key Responsibilities
Remittance Review & Investor Reporting
- Review investor and participant remittances for accuracy, timeliness, and proper application of principal, interest, escrow, and fees.
- Identify and resolve remittance variances, working directly with the servicing desk to correct loan-level data prior to month-end close.
- Validate cash movements tied to remittance cycles and ensure they are properly reflected in both TMO and QuickBooks.
Account & Cash Reconciliations
- Perform monthly account reconciliations between The Mortgage Office (servicing system of record) and QuickBooks (corporate GL), researching and clearing variances.
- Own cash reconciliations across servicing-related operating, custodial, and escrow accounts.
- Maintain reconciliation workpapers and supporting documentation in audit-ready condition.
- Escalate unresolved or material reconciling items to the Controller with proposed corrective actions.
Servicing Transfers
- Coordinate the accounting side of loan boarding, deboarding, and servicing transfers (transfers in and transfers out).
- Validate trial balances, accrued interest, escrow balances, and suspense accounts at transfer to ensure clean handoffs.
- Partner with the servicing desk to reconcile transfer files and resolve discrepancies before cut-over.
Bridge Between Corporate Accounting and Servicing
- Act as the day-to-day liaison between the corporate accounting team and the loan servicing desk, translating between the two functions.
- Identify process gaps and recommend improvements that strengthen controls across servicing accounting workflows.
- Document and standardize procedures for recurring servicing accounting tasks.
Executive Reporting & Communication
- Prepare and communicate reconciliation results, remittance summaries, and servicing accounting metrics to the Controller, CFO, and CEO.
- Clearly summarize complex servicing issues, root causes, and resolutions for non-technical executive audiences.
- Support ad-hoc requests from leadership related to portfolio performance, cash position, and servicing accounting risks.
Qualifications
Required
- Bachelor’s degree in Accounting or Finance.
- 6–10 years of progressive accounting experience, with significant time spent in a loan servicing or mortgage servicing environment.
- Demonstrated loan-level experience: comfortable working inside a servicing system at the individual loan record level.
- Hands-on experience with The Mortgage Office (TMO) or directly comparable loan servicing platform.
- Strong working knowledge of QuickBooks, including journal entries, reconciliations, and reporting.
- Advanced Excel skills — pivot tables, lookups (XLOOKUP/INDEX-MATCH), complex formulas, and large dataset reconciliation.
- Proven ability to reconcile a servicing system to a corporate general ledger and resolve loan-level variances.
- Experience with remittance review and investor/participant reporting.
- Strong written and verbal communication skills, with ability to present results to executive leadership.
Preferred
- Experience with commercial loan servicing, private credit, or specialty finance portfolios.
- Familiarity with custodial and escrow account accounting.
- Exposure to servicing transfer (boarding/deboarding) processes.
- Experience supporting external audit or borrowing base reporting.
Key Competencies
- Accuracy and attention to detail at the loan level.
- Ownership mindset — sees reconciliations and remittances through to resolution.
- Comfortable operating cross-functionally with both accounting and servicing teams.
- Executive presence and clear written communication.
- Process-oriented; identifies and implements improvements.
- Discretion and integrity in handling sensitive financial data.
Location
Warren, NJ
Employment Type
Full Time
Compensation
Competitive base salary plus benefits package
BD Capital, LLC provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law.
Pay: From $85,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Disability insurance
- Flexible schedule
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
