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Senior Associate, Accounting
Senior Associate, Accounting-November 2024
Richmond
Nov 22, 2024
ABOUT CAPITAL ONE
We’re working on some bold, transformative things—like changing banking for good. What’s in it for you? A career surrounded by brilliant minds. People from different backgrounds, experiences, and educ
10,000+ employees
Consumer Goods & Services, Financial Services
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About Senior Associate, Accounting

  West Creek 3 (12073), United States of America, Richmond, Virginia

  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.

  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 (https://www.capitalonecareers.com/benefits) . 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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable 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 [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).

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