Capital One Financial Corporation

Principal Associate, Accounting

Capital One Financial Corporation$120K — $137K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or military experience required
  • 3 years of experience in accounting, audit, finance, or similar field
  • Preferred experience of 5+ years in relevant areas
  • 1 year of experience implementing process improvement projects

Responsibilities

  • Lead Card Settlement & Reconciliation workflows
  • Guide a team of associates in workflow completion
  • Manage relationships with third-party staffing vendors
  • Collaborate with internal and external partners on risk evaluation
  • Support process efficiency and automation initiatives
  • Work with teams on finance system enhancements
  • Provide ad hoc analysis and support for audit and compliance

Benefits

  • Comprehensive health benefits
  • Financial wellness programs
  • Inclusive and supportive work environment
  • Eligibility varies based on employment status and level
Full Job Description
Principal Associate, Accounting

We are seeking a highly motivated accountant to join the Card Controllers Team as an Accounting Principal Associate with a focus on the support of accounting, controls, and internal management reporting, as well as support project initiatives and lines of business at Capital One. You will be a self-starter responsible for supporting balance sheet reconciliations and daily partner settlements while overseeing multiple priorities and meeting deadlines in a fast paced, time sensitive environment. This role will have the opportunity to engage with groups across the organization as part of new technology implementation, issue resolution and process improvement.

  • Lead certain Card Settlement & Reconciliation workflows with oversight of daily and monthly control executions
  • Be a work leader of a team of associates to guide completion of workflows and embrace Capital One values
  • Manage the relationship with our third party staffing vendor, including daily oversight, issue resolution and ensuring the completion of deliverables
  • Collaborate with internal and external partners to provide meaningful subject matter support, evaluate and mitigate risks, and implement process or product changes
  • Support progress on our process efficiency & automation agenda
  • Collaborate with Accounting Shared Systems teams including work related to our Global Finance Systems and Reconciliation system enhancements, upgrades and future state
  • Collaborate and build relationships with back office Lines of businesses teams
  • Provide ad hoc analysis to management
  • Provide support for audit, risk and compliance groups as necessary


Basic Qualifications:
  • Bachelor's Degree or military experience
  • At least 3 years of experience in accounting, audit, finance, or a combination


Preferred Qualifications:
  • At least 5 years of experience in accounting, audit, finance, or a combination
  • At least 1 year of experience implementing process improvement projects


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

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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