Capital One Financial Corporation

Principal Analyst, Payment Operations (Hybrid)

Capital One Financial Corporation$109K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or military experience
  • Minimum 3 years in Accounting, Audit, Risk Management or Finance
  • 1 year of experience utilizing SQL
  • Bachelor's Degree in a quantitative field preferred
  • 2+ years in an analytical role with complex data
  • Experience in Accounts Payable is a plus
  • Strong written and communication skills

Responsibilities

  • Validate supplier invoices using the VIP tool
  • Troubleshoot discrepancies in invoices and resolve issues
  • Create and maintain invoice dispute processes with leadership
  • Understand and articulate supplier contract terms
  • Compile detailed dispute packages for suppliers
  • Backup payment processing for the Senior Associate
  • Analyze financial reconciliation data and reporting

Benefits

  • Comprehensive health benefits
  • Financial well-being programs
  • Inclusive work environment
  • Eligibility for performance-based incentives
  • Support for professional development and career growth
Full Job Description
Principal Analyst, Payment Operations (Hybrid)

Capital One Travel is seeking a Principal Analyst to join our Finance Operations Payments team. This role requires a professional with exceptional attention to detail and strong problem-solving skills to manage and execute payment processes across various functions of the organization.

The successful candidate will be instrumental in mitigating operational risks, developing and updating procedural frameworks, and overseeing the reporting of critical payment health metrics. Furthermore, the Principal Analyst will collaborate with diverse teams across Capital One Travel Operations and lead the evolution of payment workflows toward a future-state model.

Responsibilities:
  • Validate inventory supplier invoice accuracy using the VIP invoice validation tool.
  • Troubleshoot any discrepancies discovered during invoice validation and connect with the proper teams to resolve issues.
  • Work with leadership to create and maintain a dispute process for inventory supplier invoices.
  • Understand contractual terms of suppliers and the dispute processes outlined in supplier contracts.
  • Create detailed invoice dispute packages and communicate with suppliers to quickly resolve disputes.
  • Serve as a payment processing backup to the Senior Associate.
  • Understand and review our financial reconciliation data and reporting processes
  • Support risk management activities over enhanced control environment, including procedures maintenance, control testing, and process-level assessments
  • Coordinate with Capital One Travel Risk Management, Finance Risk Management and other risk offices on best revenue practices across Enterprise
  • Partner with Finance, Operations, Product, and Business teams to streamline processes and resolve issues impacting supplier payments
  • Reduce operational exceptions and drive efficiencies via automation, elimination, and transfer of processes away from manual touchpoints
  • Lead ad-hoc projects as necessary, such as developing and leading new Finance-
  • managed services or other initiatives
  • Proactively and independently identify, investigate, and drive solutions for process, data quality inefficiencies and control enhancements.


Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in Accounting, Audit, Risk Management or Finance or a combination
  • At least 1 year of experience utilizing SQL


Preferred Qualifications
  • Bachelor's Degree in Accounting, Business, Finance, Economics, Statistics, or a quantitative field
  • 2+ years of experience in an analytical position investigating complex data issues and building scalable solutions.
  • Prior experience working in Accounts Payable
  • Strong written and communication skills
  • Experience with an Enterprise Resource Planning (ERP) based accounting system
  • Strong understanding of accounting principles and experience with multinational entities, multi-currency transactions, and intercompany flows.
  • Experience with Coupa, Coupa Pay, or similar procurement system
  • Previous experience working within the travel or technology industries


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

This role is hybrid meaning associates typically spend 3 days per week in-person at one of our offices listed on this job posting.

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

New York, NY: $131,800 - $150,500 for Principal Associate, Accounting

Richmond, VA: $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 level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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