Associate, Accounting - Commercial Controllers

Capital One; Richmond (VA); On-site; USD 74,000 - 85,000; Full time

Job summary

Capital One is seeking an Associate in Accounting for the Commercial Controllers group. The role supports FINRA/SEC regulated Broker Dealers, performing journal entries, reconciliations, and monthly closes, while driving process improvements and automation projects.

Candidates should have a Bachelor’s degree and 1+ year in accounting or finance. Strong relationship-building with business partners and the ability to manage multiple priorities in a fast-paced environment are essential.

Qualifications

• Bachelor's degree required; at least 1 year of accounting/finance experience.
• Ability to manage priorities and meet deadlines in a fast-paced environment.
• Experience with SEC/regulatory reporting and automation projects is a plus.

Responsibilities

• Prepare journal entries and monthly reconciliations.
• Perform month-end close and financial reporting.
• Manage accounts payable and interface with Enterprise Supplier Management.
• Prepare and present analytics for leadership across lines of business, Accounting and Finance.
• Support quarterly SEC and regulatory reporting and other ad hoc requests.
• Interact with Finance, partners, auditors and the controller's group.
• Participate in project initiatives and automation efforts.
• Identify and drive process efficiencies.
• Aim to obtain Series 99 license within one year.

Skills

Accounting

Financial reporting

Automation

Process improvement

Education

Bachelor's degree

Master's degree in Finance or Accounting

Job description

Associate, Accounting - Commercial Controllers

This Accounting Associate role will support Capital One's Commercial Broker Dealers registered with the Financial Industry Regulatory Authority (FINRA) and the Securities Exchange Commission (SEC). Candidates should have the ability to manage priorities and meet deadlines in a fast-paced environment. Candidates must be able to develop strong relationships with key business partners. Additionally, candidates should possess the ability to identify process improvement and technology options and assist in implementation of automation solutions.

Responsibilities:

• Prepare journal entries and monthly reconciliations
• Perform month end closing and financial reporting processes timely and accurately
• Manage accounts payable for business and interface with Enterprise Supplier Management
• Prepare and present monthly, quarterly and other ad hoc analytics for line of business, Accounting, and Finance leadership
• Support quarterly SEC and Regulatory Reporting as well as other ad hoc reporting requests
• Interact directly with Finance and key business partners, associates throughout the controller's group, tax, and external and internal auditors
• Participate in challenging project initiatives with the team.
• Support automation and data transformation efforts
• Identify and drive process efficiencies.
• Ability to obtain Series 99 license within one year of joining the team

Basic Qualifications

• Bachelor's degree
• At least 1 year of experience in accounting, finance, securities or a combination

Preferred Qualifications:

• Master's degree in Finance or Accounting
• 2+ years of accounting or securities industry experience or a combination
• Financial Industry Regulatory Authority Series License 7, or 10, or 24, or 27, or 99 or any 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: $81,700 - $93,300 for Associate, Accounting New Orleans, LA: $74,200 - $84,700 for Associate, Accounting Richmond, VA: $74,200 - $84,700 for 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.

Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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.

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).