Principal Associate, Commercial Accounting

Posted 11 Days Ago
Be an Early Applicant
2 Locations
Hybrid
107K-134K Annually
Mid level
Fintech • Machine Learning • Payments • Software • Financial Services
Change everything. Starting with your career.
The Role
The Principal Associate, Commercial Accounting will manage accounting activities, financial analysis, and process improvements. Responsibilities include preparing journal entries, engaging with business partners, presenting findings to leadership, and collaborating on corporate initiatives. The role demands strong communication and organizational skills in a fast-paced environment.
Summary Generated by Built In

Principal Associate, Commercial Accounting
We are seeking a highly motivated accountant to join the Controllers Group as a Principal Accounting Associate with a focus on accounting, financial analysis, and process improvements. The role requires close partnership with our business contacts to coordinate and deliver key results, project initiatives and documentation. The team member should possess strong written and verbal communication skills, as well as strong analytical, problem solving and organizational skills. The team member will be a self-starter responsible for managing multiple priorities and meeting deadlines in a fast paced, time sensitive environment. The Controllers Group supports the financial implementation of new products, services, and systems with countless opportunities for knowledge growth. In this role you will:

  • Prepare and review accounting-related activities, such as journal entries and reconciliations, analytics and support and prepare external Securities and Exchange Commission and regulatory reports, including documentation and presentation of results to management and senior leadership
  • Serve as the main point of contact engaging with business partners within the Commercial Line of Business (LOB) assessing new or changing business initiatives to determine the impact on existing accounting processes, as well as VIE/Consolidation reporting
  • Respond to requests from Finance and key business partners, associates throughout the Controllers group, Operation teams, and external and internal auditors
  • Present results, findings, risks and recommendations to leadership and stakeholders
  • Collaborate with several teams across the organization on various corporate initiatives
  • Contribute to process improvement through project development and knowledge sharing
  • Participate in key corporate projects such as technology and data transformation, process improvement, and business initiatives
  • Collaborate with internal and external partners to resolve issues and stay connected on process or product changes


Basic Qualifications :

  • Bachelor's Degree or military experience
  • At least 3 years of experience in accounting, external financial reporting, audit, finance, 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
  • Experience in the Financial Services industry
  • At least 1 year of experience with Google Office or Microsoft Office products, or a combination


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: $117,300 - $133,900 for Principal Associate, Accounting
Richmond, VA: $106,700 - $121,700 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 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).

Top Skills

Accounting

What the Team is Saying

Ryan Page
Kristen Cornelsen
Natalia Bachmann
The Company
HQ: McLean, VA
55,000 Employees
Hybrid Workplace
Year Founded: 1994

What We Do

At Capital One, we think and work like a tech company, using our digital fluency to transform everything about the customer experience. We’re bending data to our will, and turning a stodgy industry on its head. That’s reflected in our ranking as the number one business technology innovator in the U.S. in the 2016 InformationWeek Elite 100.

Why Work With Us

Here’s another question: What are you looking for? A place where curiosity is the starting point? Where data leads to human insights? Where humanity drives product development? We’re bringing breakthrough products and services to consumers, small businesses, and commercial clients. And each new idea makes life better for millions of people.

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Capital One Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
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HQMcLean, VA
Atlanta, GA
Bengaluru, Karnataka
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Boston, MA
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Chicago, IL
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London, GB
Mexico City, MX
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New York, NY
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Nottingham, GB
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Philadelphia, PA
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Plano, TX
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Richmond, VA
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San Francisco, CA
Toronto, ON
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