Director, Tax Accounting

Capital One; McLean (VA); Hybrid; USD 206,000 - 235,000; Full time

Job summary

Capital One is seeking a Director of Tax Accounting in McLean, VA, to lead global tax provisioning, reporting, and forecasting. The role partners with senior tax leadership to optimize the effective tax rate and deferred tax planning, including strategic analyses of acquisitions and divestitures.

Responsibilities include directing ASC 740 accounting, SEC disclosures, and internal controls, while managing a small tax team and ensuring compliance with SOX and company policy.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related quantitative field (or military experience).
• CPA designation currently active or previously achieved and currently inactive.
• At least 7 years of progressive corporate tax experience in a public company or accounting firm.
• At least 3 years in a dedicated people-management capacity leading teams.

Responsibilities

• Lead Financial Statement & Regulatory Reporting, including ASC 740 tax provision for quarterly and annual statements.
• Direct SEC & Regulatory Compliance disclosures in 10-K and 10-Q with accuracy and transparency.
• Manage the consolidated Effective Tax Rate (ETR) and global DTA/DTL positions.
• Support tax forecasting to provide data-driven insights on ETR, DTA, and credit capacity.
• Develop and lead a team of 3 tax professionals and foster their growth.
• Maintain SOX-compliant internal control over income taxes and related policies.

Skills

People management

Strategic tax planning

Financial analysis

Regulatory compliance

Education

Bachelor’s degree in Accounting/Finance

CPA designation

Tools

Corptax

ONESOURCE

Power BI

Alteryx

Job description

Director, Tax Accounting The position: The Director, Tax Accounting is a leadership role which is responsible for managing the global tax provisioning, financial statement reporting, and forecasting operations of Capital One and its acquisitions and divestitures. As a strategic advisor to senior tax leadership, you will directly manage Company's effective tax rate and deferred tax planning, as well as partnering to evaluate the tax implications of strategic corporate acquisitions, and forecast tax credit capacities.

Reporting to: Senior Director - Tax Accounting and Capital Planning.

Key Responsibilities can include:

• Financial Statement & Regulatory Reporting, Forecasting Leading the team that is responsible for: Global Tax Provision: Manage the preparation and review of the global corporate income tax provision (ASC740) for quarterly and annual financial statements SEC & Regulatory Compliance: Lead all tax-related disclosures in SEC filings (10-K, 10-Q), ensuring absolute compliance, transparency, and technical accuracy and act as the main point of contact for internal and external SEC reporting stakeholders.
• Rate & Deferred Tax Management: Manage the company's consolidated Effective Tax Rate (ETR) and global deferred tax assets and liabilities.
• Financial Outlooks: Support the tax forecasting processes to provide senior executive leadership with predictable, data-driven insights into ETR, DTA and credit capacity projection to optimize cash flow and enable balance sheet growth.
• Strategic Advisory & Team Leadership: Manage and develop a team of 3 tax professionals, foster a collaborative and inclusive environment, develop team structures that meet future business needs, and invest in associate development beyond the day to day.
• Internal Controls: Maintain a well-managed internal control environment over financial reporting for income taxes, ensuring strict compliance with Sarbanes-Oxley (SOX) standards and company policy.

Work Arrangement

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

Basic Qualifications

• Bachelor’s degree in Accounting, Finance, or other quantitative discipline, or military experience
• Certified Public Accountant (CPA) designation currently active or previously achieved and currently inactive
• At least 7 years of progressive corporate tax experience within a public corporation or an accounting firm
• At least 3 years in a dedicated people-management capacity leading teams

Preferred Qualifications

• Master’s in Taxation (MT), MBA, or JD/LLM
• Expert-level knowledge of accounting for income taxes under US
• Mastery of ASC 740 GAAP and SEC reporting regulations
• Familiarity with IFRS M&A Tax Accounting: Strong foundation in the tax accounting nuances of business combinations, purchase price allocations, and post-merger integration
• Strategic Tax Modeling: Exceptional quantitative skills to model complex financial outcomes, tax law shifts, and multi-year corporate outlooks
• Tax Technology Acumen: Familiarity with enterprise tax provisioning software (e.g., Corptax, ONESOURCE) and data tools (e.g., Alteryx, Power BI) to support digital transformation

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

Salary

• Chicago, IL: $187,300 - $213,700 for Director, Tax
• McLean, VA: $206,000 - $235,100 for Director, Tax
• Richmond, VA: $187,300 - $213,700 for Director, Tax

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.

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.

Benefits

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.

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.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [e-mail]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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.