Senior Financial Analyst: Cost Transformation

Capital One
McLean, Virginia, United States
Feb 21, 2023
Mar 19, 2023
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Senior Financial Analyst: Cost Transformation

Senior Financial Analyst- Cost Transformation

Job Description

The Tech Cost Transformation team within TEC Finance is seeking a Senior Associate Financial Analyst to join our growing team. Cost Transformation is our data-driven approach to define and map Enterprise Technology services to the consumers of said services. The team produces data and analysis that is leveraged for management accounting cost allocations, application total cost of ownership analytics, business cases and efficiency analytics. This role skews heavily towards data and analysis but also requires skillful storytelling and deep knowledge of the Technology usage of our LOBs. The ideal candidate is someone who is analytically curious, enjoys deeper financial analytics, is excited about learning technology, and excels in white space situations. This role requires strong problem solving, teamwork, strategic thinking and influencing skills.

As a Financial Analyst, you will work for a company that invests in ways to tell stories, view trends, and diagnose results in a more compelling and visual nature. You will have the opportunity to partner with business customers on driving strategic business direction that leads to sustainable performance and you will be asked to challenge our current well-managed processes to be more proactive, effective and efficient. Financial Analysts perform financial data analysis in preparing Profit & Loss or other statements and frequently

build reports for higher level associates; provide management and business clients with project statuses; perform reporting and analysis to support presentation and ad-hoc requests.

Roles require strong communication, problem solving, strategic thinking, and influencing skills in order to effectively:
  • Articulate outcomes of analysis and relevant insights
  • Develop presentations to communicate business and analysis results to senior audiences

Sr. Associate

  • Provide financial leadership to client groups across Tech and Finance
  • Manage the process of updates to monthly Outlooks and Annual Budgets
  • Manage the monthly cycle that supports the Cost Transformation process. Requires tracking and validating over 20 input files, balancing and reconciling the output of the tool, and maintaining a suite of Tableau and AWS QuickSight reports
  • Develop methodologies and processes that provide transparency into costs and cost drivers to recipient businesses
  • Work closely with other financial analysts to develop mapping relationships of cost centers, applications, and technology services to improve the flow of expenses to the correct end user of the services
  • Partner with Tech resources to prioritize development and additional features for our allocations tool
  • Analyze current financial results and address evolving business issues and opportunities
  • Articulate outcomes of analysis and relevant insights to individual teams and leaders
  • Partner with organizational leaders to adjust the Cost Transformation framework as the business environment changes
  • Develop presentations to communicate analysis to senior leadership
  • Continuously review processes for automation and improvement opportunities
  • Prepare ad-hoc reporting and data analytics for LOB analysts and leadership

Basic Qualifications:
  • Bachelor's Degree in a quantitative major (Finance, Accounting, Economics, Mathematics, Engineering) or military experience
  • At least 1 year experience in financial analysis
  • At least 1 year experience with financial modeling

Preferred Qualifications:
  • Master's Degree in a quantitative major (Finance, Accounting, Economics, Mathematics, Engineering) or military experience
  • 2+ years' experience with financial modeling
  • 2+ years' experience in technology or financial services
  • Experience in at least one scripting language (Python, Perl, JavaScript, Shell)
  • Experience with BI reporting tools (i.e. Tableau and AWS QuickSite)
  • Advanced skills in Microsoft Excel/Google Sheets and PowerPoint/Google Slides
  • 1+ year of experience in querying and analyzing data languages and platforms (data warehouses/SQL, PIG,HIVE, Impala)
  • 1+ year experience partnering with multiple internal stakeholders

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

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.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. 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 . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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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).

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