Senior Associate, Commercial Bank Accounting at Capital One

McLean, Virginia, United States

Capital One Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor's degree or military experience
  • At least 2 years of experience in accounting, external financial reporting, audit or finance, or a combination
  • At least 2 years of experience with Google Office or Microsoft Office products, or a combination
  • Strong analytical, problem solving and organizational skills
  • Strong written and verbal communication skills
  • Ability to proactively engage with stakeholders and clearly articulate financial information
  • Self-starter capable of managing multiple priorities and meeting deadlines in a fast-paced, time sensitive environment
  • Passion for improvement and finding solutions in coordination with business partners
  • Preferred Qualifications
  • Certified Public Accountant (CPA) license
  • At least 2 years of experience in accounting, external financial reporting, audit, or finance, or a combination
  • Experience with data analytics, data visualization (Tableau, Python, SQL), or a combination
  • Experience with detailed cash and subledger reconciliations and managing team projects and deadlines
  • Experience in Commercial Card and Foreign Exchange transactions including derivatives hedging

Responsibilities

  • Prepare and review accounting-related activities, such as journal entries and reconciliations
  • Support, prepare documentation and summarize results to management and senior leadership
  • Ensure accounting and reporting practices and documentation are performed in accordance with corporate policies and procedures
  • Manage deliverables and processes on a daily basis to meet key deadlines
  • Perform periodic analysis and reporting of financial performance for stakeholders and management within necessary deadlines
  • Respond to requests from Finance and key business partners, associates throughout the Controllers group, Operation teams, and external and internal auditors
  • Support automation efforts of team’s processes to help drive efficiencies, enhanced controls, and/or improved accuracy and quality of deliverables
  • Provide ad hoc analysis to management
  • Provide support for audit, risk and compliance groups when necessary

Skills

Accounting
Journal Entries
Reconciliations
Financial Analysis
Process Improvements
Microsoft Office
Google Workspace
Financial Reporting
Audit Support
Stakeholder Management
Automation

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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