Principal Associate, Accounting

Employer
Capital One
Location
McLean, Virginia, United States
Posted
Sep 01, 2023
Closes
Oct 01, 2023
Ref
R172546
Function
Finance
Hours
Full Time
Center 2 (19050), United States of America, McLean, Virginia

Principal Associate, Accounting

Global Finance supports all of Capital One's worldwide financial activities, including corporate-level financial reporting, internal control, intercompany and tax activities. Within Global Finance, the Controllers Group is seeking a highly motivated accountant to join the Treasury Accounting team as a Principal Accounting Associate with a focus on accounting, reporting, and analytics as well as participation in special projects.

So who are you? As a member of the Treasury Accounting team, you're solid on your accounting principles and feel comfortable owning the accounting process end-to-end. You're a self-starter that is responsible for managing multiple priorities and meeting deadlines in a fast paced, time sensitive environment. You have a great attention to detail and feel comfortable diving into the numbers to provide in-depth analysis to our various business partners. Most importantly, you're a team player that comes ready to uplift others and make Capital One a great company and a great place to work.

Characteristics we're looking for:
  • Team player capable of interacting cross-functionally and at all levels of the organization and capable of taking ownership
  • Adaptive to change, new ideas and able to prioritize with minimal direction
  • Passion for improvement and a desire to keep learning with what new technology can offer to rethink the possible, including data transformation, BI tools and automation scripting (e.g., Python and SQL)
  • Thorough knowledge of US GAAP and experience with investment, debt and hedge accounting


Responsibilities include:
  • Prepare and review derivative accounting-related activities, such as journal entries and reconciliations, and support and prepare external SEC and regulatory reports, including documentation and presentation of results to management and senior leadership
  • Perform ad-hoc business analysis on portfolios to identify variances / trends to communicate to management and business partner team(s)
  • Partner with Capital Markets teams to develop and assess overall hedging strategies
  • Perform technical research on treasury accounting issues and prepare write-ups; draft and/or review treasury-related information in the 10-K, 10-Q, earnings release and other regulatory filings for accuracy. Ensure compliance with US GAAP, SEC regulations and other regulatory guidance
  • Partner with project management and business partner teams, to design and implement new business products, program initiatives, system upgrades and process improvements
  • Collaborate with internal and external partners to resolve issues and stay connected on process or product changes
  • Provide support for audit, risk and compliance groups when necessary
  • Ad-hoc requests and special projects


Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in accounting, external financial reporting, audit or finance, or a combination
  • At least 3 years of experience with Google Office or Microsoft Office products, or a combination


Preferred Qualifications:
  • Certified Public Accountant (CPA) license
  • At least 5 years of experience in accounting, external financial reporting, audit or Finance, or a combination
  • At least 2 years of experience in Tableau, Python, or SQL, or a combination


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.

New York City (Hybrid On-Site): $118,700 - $135,400 for Principal 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.

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 RecruitingAccommodation@capitalone.com . 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 Careers@capitalone.com

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).

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