Senior Associate, Accounting at Capital One

Bengaluru, Karnataka, India

Capital One Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BiotechnologyIndustries

Requirements

Candidates must have at least 2 years of experience as a Chartered Accountant. Preferred qualifications include knowledge of Tally, Workday, and Peoplesoft, along with excellent verbal, written, and presentation communication skills. Capital One will not sponsor new applicants for employment authorization for this position.

Responsibilities

The Senior Associate, Accounting will partner with stakeholders to ensure statutory compliance in the procure-to-pay cycle, including purchase orders and invoices. They will perform monthly fixed asset accounting, partner with teams on asset sourcing and disposal, and ensure fixed asset and procure-to-pay policies, procedures, and controls are up-to-date and meet compliance requirements. Responsibilities also include coordinating with global and local control monitoring teams, engaging and supporting audits for fixed assets and procure-to-pay queries, ensuring third-party vendor management and business continuity plans are current, and leading FUSE and associated control assessments. The role involves leading associate onboarding by communicating key finance and accounting processes, ensuring accesses, updating portals, and resolving stakeholder queries. Additionally, the associate will partner with global stakeholders on enterprise-driven projects implemented in the India entity, monitor exceptions from standards, lead exception reporting, understand key business line data, implement process improvements, and regularly liaise with India and global stakeholders to resolve queries.

Skills

Accounting
Procure to Pay
Fixed Asset Accounting
Statutory Compliance
Reporting
Control Monitoring
Data Analysis
Machine Learning
Data Science
Engineering

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.

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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