Capital One

Finance Specialist (Controllership)

Muntinlupa, National Capital Region, Philippines

Not SpecifiedCompensation
Mid-level (3 to 4 years), Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Accounting, FinanceIndustries

Requirements

Candidates should possess a Bachelor's degree in Accountancy and be a Certified Public Accountant with at least 3 years of relevant work experience, preferably in a top auditing firm such as the Big 4. Knowledge of US/Philippines GAAP and experience with accounting software applications like Peoplesoft are considered advantageous. Strong analytical and problem-solving skills, along with a high level of attention to detail and accuracy, are required. Proficiency in G-Suite and Microsoft Applications (MS Excel, Word, PPT) is also necessary.

Responsibilities

The Finance Specialist (Controllership) will be responsible for preparing and booking journal entries, reconciling general ledger accounts, and performing monthly financial reports including variance analysis for the Balance Sheet and Income Statement. They will review purchase requisitions for completeness and validity, serve as the risk specialist for all finance processes, prepare monthly invoice and intercompany charges, perform GL account reconciliations, analyze and interpret financial information for management, oversee the other finance buyers to ensure accurate purchase requisitions, conduct control testing for operating effectiveness, update Standard and Procedure documentation, and may be assigned to other related sub-functions within Finance.

Skills

Journal Entries
General Ledger Reconciliation
Variance Analysis
GAAP
US GAAP
Philippines GAAP
Peoplesoft
G-Suite
Microsoft Excel
MS Excel
MS Word
MS PPT
Control Testing
Financial Reporting
Intercompany Charges
GL Account Reconciliations
Analytical Skills
Problem-Solving
Risk Management

Capital One

Offers diverse financial products and services

About Capital One

Capital One provides a variety of financial services aimed at making banking accessible and easy for everyone. The company offers products such as credit cards, savings accounts, car loans, and business checking accounts, catering to both individual consumers and small businesses primarily in the United States. Capital One's approach includes user-friendly banking solutions with no fees or minimums for checking accounts, allowing customers to manage their finances more effectively. They generate revenue through interest on loans, credit card fees, and investment banking services. What sets Capital One apart from its competitors is its strong commitment to financial inclusion and literacy, demonstrated through community partnerships and educational initiatives, such as collaborations with Khan Academy. The company's goal is to create a more inclusive financial system and empower customers with the knowledge and tools they need to make informed financial decisions.

Key Metrics

McLean, VirginiaHeadquarters
2014Year Founded
$15.9MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
10,001+Employees

Benefits

Medical, Dental, & Vision coverage
Onsite Health Centers
Prescription saving with network of local pharmacies
Stock Purchase Plan
Education Assistance
401(k)
Flexible Spending Accounts
Life and Disability insurance
Generous paid time off + corporate & floating holidays
Registered dieticians on site, cooking classes and free virtual fitness classes
Employee Assistance Program

Risks

Increased competition in subscription management tools may dilute Capital One's advantage.
Over-reliance on partnerships could expose Capital One to technological risks.
Departure of key personnel like Joe Rodriguez may affect risk management continuity.

Differentiation

Capital One offers user-friendly banking with no fees or minimums for checking accounts.
The company partners with Khan Academy to provide financial literacy education.
Capital One is the first major U.S. bank to offer subscription management tools.

Upsides

Capital One's mobile app is a model for secure, user-friendly digital banking.
Data sharing with Worldpay enhances payment security and fraud prevention.
Partnerships with fintechs like Minna Technologies improve customer experience.

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