Senior Accounting Specialist
McLean, VA US
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Job Description
Job ID: R46524

McLean 1 (19050), United States of America, McLean, Virginia

At Capital One, we're building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Senior Accounting Specialist

Does the idea of working with professional, highly trained accountants inspire you? Are you an accounting professional with a demonstrated ability to work well in teams, develop new ideas, and take ownership of your projects? Would you like the opportunity to individually contribute to the team, along with the opportunity to grow into a leader? Would you like to work in a collaborative environment where your contributions are recognized and rewarded, all while having a work-life balance? If so, opportunities for professional and personal fulfillment in a dynamic, progressive organization await you at Capital One!

Join Capital One's Controllers Group as a Senior Associate in Treasury Accounting! The demand for skilled professionals to support the accounting and reporting of the derivative portfolio is increasing with the diversification of the company's products and hedging strategies. Support the business in implementing new strategies by establishing the operational accounting processes in compliance with ASC 815 (formerly SFAS 133 and SFAS 161). Prepare monthly and quarterly financial results of the derivative instruments and present to management. Support new initiatives, financial system implementations and upgrades. Be a team player, partner with the business and identify issues and collaborate on recommended solutions.

Responsibilities:
* Manage the operations of derivative accounting, review journal entries, reconciliations, and analytics
* Ensure accounting practices and documentation procedures are performed in accordance with corporate accounting and governance policies and procedures
* Perform the monthly analysis and reporting of financial performance, including preparation of monthly commentary for business owners and management
* Prepare/review quarterly footnote disclosures in our 10-Q and 10-K reports
* Work closely with business partners, perform research and resolve issues
* Identify process improvement opportunities and implement automation tools
* Participate in testing in key corporate projects such as system upgrades and enhancements

Basic Qualifications:
* Bachelor's Degree or Miltary experience
* At least 2 years of accounting or audit experience
* At least 2 years of experience in financial systems

Preferred Qualifications:
* Certified Public Accountant (CPA) designation
* 2+ years of experience in the banking or financial services industry
* Strong analytical and problem solving skills
* Ability to multi-task and prioritize diverse tasks
* Strong verbal and written communication skills

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

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Capital One is an equal opportunity employer committed to diversity in the workplace. Capital One promotes a drug-free workplace.

All qualified applicants will receive consideration for employment without regard to gender, race, color, religion, national origin, sexual orientation, protected veteran status, or disability status.

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; Newark, New Jersey Ordinance 12-1630; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.


 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
2+ years
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