Senior Associate, Accounting

Senior Associate, Accounting

Does the idea of working with professional, highly trained accountants inspire you? Are you an accounting professional with a demonstrated ability to work well in teams, develop new ideas, and take ownership of your projects? Would you like the opportunity to individually contribute to the team, along with the opportunity to grow into a leader? Would you like to work in a collaborative environment where your contributions are recognized and rewarded, all while having a work-life balance? If so, opportunities for professional and personal fulfillment in a dynamic, progressive organization await you at Capital One!

Capital One is seeking a Senior Associate to join the Controllers Accounting Department supporting the Credit Accounting function. This role requires a combination of accounting expertise and financial analysis. Primary responsibilities for this position include accounting and reporting for rewards liability and quarterly reporting for loans considered Financial Difficulty Modifications.

Responsibilities:

• Recording monthly journal entries and preparing monthly account reconciliations

• Executing SOX controls within the rewards liability process and FDM reporting

• Preparing quarterly FDM disclosures for both SEC and Regulatory reporting, including analysis of activity, delinquency and subsequent default data

• Evaluating new FDM programs for appropriate classification in accordance with ASU 2022-02

• Executing rewards liability processes to ensure complete and accurate internal management and external SEC financial reporting,

• Consolidating and communicating rewards liability and expense results to stakeholders on a monthly basis

• Creating dynamic credit analytics and presenting process results clearly and concisely for executive leadership

• Leveraging new and existing technologies to enhance reporting and analytics

• Building relationships with lines of business and upstream/downstream impacted teams to understand their processes and results

• Leading process improvement initiatives and projects to reduce risk

• Supporting compliance activities for management, internal audit and external audit groups by providing documentation and addressing queries

• Preparing ad hoc analysis on rewards metrics for executive leadership

• Supporting activities conducted throughout the enterprise on behalf of Credit Accounting

Basic Qualifications:

• Bachelors’ degree or military experience

• At least 3 years of experience in accounting, external financial reporting, audit, finance or a combination

• At least 3 years of experience with Google Office, Microsoft Office products or a combination

Preferred Qualifications:

• Certified Public Accountant (CPA) license

• Strong track record of building relationships within accounting groups and other areas of an organization

• Experience with Accounting Systems such as Peoplesoft, SAP or Oracle Financials

• Experience with reporting systems such as Onestream, Tableau, Google Data Studio

• Ability to stay knowledgeable about research and reach well-reasoned conclusions on financial reporting and disclosure issues

• Strong analytical, problem solving, and organizational skills

• Strong communication skills (both written and verbal)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $96,500 - $110,100 for Sr. Associate, Accounting

Richmond, VA: $87,700 - $100,100 for Sr. Associate, Accounting

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).