Principal Associate, Commercial Bank Accounting

Principal Associate, Commercial Bank Accounting

We are seeking a highly motivated professional to join the Commercial Bank Accounting team as a Principal Associate focusing on accounting, financial analysis and process improvements. We are looking for a new team member who has strong analytical, problem solving and organizational skills. The team member should also possess strong written and verbal communication skills and the ability to proactively engage with stakeholders and clearly articulate financial information. The team member would be a self-starter responsible for managing multiple priorities and meeting deadlines in a fast-paced, time sensitive environment. This person should have a passion for improvement and finding solutions in coordination with business partners.

In this role you will:

• Prepare and review accounting-related activities, such as journal entries and reconciliations and 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

 

Basic Qualifications:

• Bachelors’ degree or military experience  

• At least 3 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

Preferred Qualifications:

• Certified Public Accountant (CPA) license

• 5+ years of experience in accounting, external financial reporting, audit, or finance, or a combination

• 1+ years of experience with data analytics, data visualization (Tableau, Python, SQL), or a combination

• 1+ years of experience with detailed cash and subledger reconciliations and managing team projects and deadlines

• 1+ years of experience in commercial credit card or consumer credit card accounting

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $120,800 - $137,900 for Principal Associate, Accounting

 

Richmond, VA: $109,900 - $125,400 for Principal Associate, Accounting

 

Wilmington, DE: $109,900 - $125,400 for Principal Associate, Accounting

 

 

 

 

 

 

 

 

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

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. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management lev