Senior Mortgage Accountant

Founded in Richmond, Virginia in 1997, CapCenter exists to help individuals and families achieve one of life's most meaningful milestones—homeownership. By bringing mortgage, realty, and insurance services together under one roof, we provide a simpler, more transparent experience designed to save clients time and money. Our commitment to innovation, including our Zero Closing Cost mortgage, has earned the trust of thousands of clients and fueled our growth through repeat business and referrals.

At CapCenter, our mission extends beyond serving clients. We foster a collaborative, high-impact environment where employees are empowered to do meaningful work, grow professionally, and make a real difference in the lives of the people we serve.

Job Overview:

We are seeking an experienced Senior Mortgage Accountant to join our accounting team. In this role, you will oversee the full mortgage accounting cycle, ensuring compliance with GAAP and industry regulations while delivering accurate financial reporting and analysis. You will play a key role in providing financial insights that support strategic decision-making and contribute to the continued growth and success of the organization.

Key Responsibilities:

• Manage the accounting for mortgage loan originations, sales, securitizations, and servicing activities
• Prepare and review monthly journal entries, account reconciliations, and financial statements
• Oversee accounting for mortgage servicing rights (MSRs), including fair value analysis and impairment testing
• Ensure compliance with GAAP, RESPA, and applicable federal and state mortgage regulations
• Coordinate with secondary markets, operations, and servicing teams to ensure accurate loan-level data
• Support month-end and year-end close processes, including variance analysis and reporting
• Assist with internal and external audits, providing documentation and responding to auditor inquiries
• Identify and implement process improvements to increase accuracy and efficiency within the accounting function
• Mentor junior accounting staff and provide technical guidance on mortgage accounting matters

Qualifications:

Required:

• Bachelor's degree in Accounting, Finance, or a related field
• 5+ years of accounting experience, with at least 3 years in mortgage or financial services
• Strong knowledge of GAAP and mortgage accounting standards
• Experience with mortgage servicing rights (MSRs) and loan sale accounting
• Proficiency in accounting software and ERP systems (e.g., Encompass, Black Knight, or similar)
• Advanced Microsoft Excel skills
• Strong analytical, organizational, and communication skills

Preferred:

• CPA certification
• Experience with secondary market transactions and GNMA/FNMA/FHLMC reporting
• Familiarity with CECL and hedging accounting concepts
• Prior experience in a high-volume lending environment

Compensation:

The salary range for this position is $80,000 – $125,000. Individual compensation will be determined based on job-related business considerations, such as relevant qualifications, experience, education, certifications, and skills. Where applicable, this position may also be eligible for incentive compensation and/or discretionary bonus opportunities.

Benefits:

CapCenter offers a comprehensive benefits package, including medical, dental, vision, life insurance, a 401(k) plan with company match, paid vacation, paid holidays, and other programs designed to support the well-being and professional growth of our employees.

Equal Opportunity Employer:

CapCenter is an Equal Opportunity Employer (Veteran/Disability). All qualified applicants will be considered regardless of race, color, national origin, age, religion, sex, sexual orientation, gender identity, or any other status protected by applicable federal, state, or local law.