Capital One · 2 days ago
Principal Associate, Commercial Accounting
McLean, VA
Full-time
Onsite
Mid, Senior Level
$121K/yr - $138K/yr
5+ years expCapital One is seeking a highly motivated accountant to join the Controllers Group as a Principal Accounting Associate. The role focuses on accounting, financial analysis, and process improvements while requiring close partnership with business contacts to coordinate and deliver key results and project initiatives.
Financial Services
No H1B
Responsibilities
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
Analyze and account for new equity investments. Research accounting impacts for new business types and investments with new contractual requirements
Serve as the main point of contact and subject matter expert for our lending special purpose vehicles (SPV), including working with the SPV 3rd party investors and accounting professionals
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
Qualification
Required
Bachelor's Degree or military experience
At least 3 years of experience in accounting, external financial reporting, audit, finance, or a combination
At least 2 years of experience with Google Office or Microsoft Office products, or a combination
Preferred
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
Experience accounting for investments under the Equity Method and/or Equity Security Accounting Guidance
Benefits
Performance based incentive compensation
Cash bonus(es)
Long term incentives (LTI)
Comprehensive, competitive, and inclusive set of health, financial and other benefits
Company
Capital One
Capital One is a financial services company that provides banking, credit card, auto loan, savings, and commercial banking services.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$5.45BKey Investors
Berkshire Hathaway
2025-09-11Post Ipo Debt· $2.75B
2025-01-30Post Ipo Debt· $1.75B
2023-05-15Post Ipo Equity· $954M
Leadership Team
Lo Li
CTO, Managing Vice President Retail Bank
Daniel Arellano
Senior Vice President, Business Cards and Payments
Recent News
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