Principal Financial Analyst
- Employer
- Capital One
- Location
- McLean, Virginia
- Closing date
- Mar 20, 2021
View more
- Industry
- Financial Services and Banking
- Function
- Finance
- Hours
- Full Time
Job Details
Principal Financial Analyst
The Principal Financial Analyst will be part of the Card Customer Experience Finance team, which manages the customer servicing related expenses for the Domestic Card business. The main challenge for this organization is to strike a balance between great service and low cost, and to lead with digital self-service solutions first. Our Finance team partners with business leaders to drive strategic business direction that leads to sustainable performance.
The CCX Finance team does this by:
- Delivering accurate, meaningful, and efficient financial forecasts and management reporting to help our partners deliver on their short term and long term financial objectives
- Bringing value added analytics and insight into business performance, trends and strategy impacts
- Being a strategic advisor to our business leaders; providing deeper understanding of business and corporate context to help business leader make effective trade-offs
- Challenging our current well-managed processes to be more proactive, effective and efficient.
This associate will provide financial support to our Customer Resiliency Channels team, which provides collections and recoveries service and solutions for our Domestic Card customers.
The role requires strong communication, problem solving, critical 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
- Independently manage and prioritize workload
Responsibilities:
Expense Forecasting, Reporting and Analysis
- Review expenses and record monthly accrual and reclass entries as needed to ensure accurate accounting of department expenses
- Conduct monthly analysis to highlight key trends and variances to outlook. Update monthly outlook as needed and highlight risks and opportunities to monitor in the future
- Partner with business and Workforce management teams to understand monthly capacity plan change drivers and the associated financial impacts
- Reporting includes monthly financial variance and trend reporting and commentary for business customers and Finance/Accounting needs
Annual Processes, Ad Hoc requests and Other Initiatives:
- Provide inputs and support as needed for financial exercises and processes - cost allocations, NPV Memo updates, long-term cost projections, etc.
- Lead Annual budget development and review and socialization with business partners
- Lead / support continuous improvement initiatives related to forecasting, reporting, analysis and/or cost allocations, to benefit the broader Finance team
Basic Qualifications:
- Bachelor's Degree or military experience
- At least 2 years' experience in financial analysis
- At least 2 years' experience with financial modeling
Preferred Qualifications:
- Master's Degree in Business Administration (MBA) or Master's Degree in Finance
- Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license
- 3+ years' experience in financial analysis
- 3+ years' experience with financial modeling
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
Company
We Don’t Only Think Big Things—At Capital One, We Do Big Things.
You’re dedicated to your career. You deserve professional satisfaction and personal fulfillment. You belong at Capital One.
Here, every day brings another chance to do impactful work that matters: helping millions of customers confidently manage their money, building stronger communities and delivering truly disruptive tech. You’ll give your all alongside some of the brightest, most resilient people in the industry—and in return, you’ll enjoy the growth opportunities, support, flexibility and benefits you need for an exhilarating life both on and off the job.
Be inspired. Be yourself. That’s #LifeAtCapitalOne.
Creating a Culture of Belonging
At Capital One, we value diversity, inclusion and belonging at our core. We’re building a place of belonging—where everyone can feel seen, heard, valued and free to be their authentic selves. We want to be a place of opportunity—where associates from all backgrounds innovate for our customers and communities, and build meaningful, fulfilling careers.
We endeavor to be a welcoming and inspiring place for all. We seek and embrace diversity. And we’re committed to having a diverse and inclusive workforce, focused on increasing the representation of underrepresented groups, strengthening our culture of inclusion and belonging and harnessing our scale to invest in our communities.
We’re focused on three core principles to advance diversity, inclusion and belonging across Capital One:
Create a culture of belonging where everyone can thrive and innovate
Attract and develop talent from all backgrounds and experiences
Ensure our systems and programs promote fairness and equity
Get a career with more at Capital One. Discover it for yourself today.
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, sexual orientation, gender identity, protected veteran status, disability or other protected status.
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