Manager, Credit Accounting

Capital One Group; Richmond, Northern (VA, KY); Hybrid; USD 138,000 - 173,000; Full time

Job summary

Capital One is seeking a Manager in Credit Accounting to lead ACL disclosures and reporting. You will oversee backtesting, analysis, and executive presentations, partnering with risk management, finance, and other lines of business.

The role emphasizes accounting expertise, data storytelling, and building a high-performing team in a fast-paced environment. CPA preferred and prior banking experience is a plus.

Qualifications

• Bachelor's degree or military experience.
• At least 5 years of accounting, external financial reporting, audit, or finance experience.
• CPA license preferred.

Responsibilities

• Manage ACL disclosure processes for internal management and external reporting.
• Oversee ACL backtesting to support quarterly governance.
• Serve as ACL subject matter expert and communicate results to stakeholders.
• Lead reporting team agenda and drive strategic projects.
• Develop ACL analytics and present to executive leadership.
• Review journal entries and monthly reconciliations.
• Leverage technologies to enhance reporting and analytics.

Skills

CPA license

5+ years accounting experience

People management

Banking/financial services

Relationships building

Strong communication

Analytical skills

Education

Bachelor's degree or military experience

Tools

PeopleSoft

SAP

Oracle Financials

Onestream

Tableau

Google Data Studio

Job description

Manager, Credit Accounting Capital One is seeking a highly motivated professional to join the Controllers Accounting Department as a Manager supporting the Credit Accounting function. This role leads our internal and external reporting and analysis of the Allowance for Credit Losses (ACL). This role will work closely with our finance, risk management, line of business accounting, and external reporting partners to 'tell the story' of the ACL each quarter and deliver key disclosures and analytics. Primary responsibilities include managing accounting, reporting and analytical activities related to the ACL results. As an Accounting Manager, you will leverage your Accounting and Financial Analysis expertise and apply your strategic and analytical skills to address major Controllers challenges. You will do it all in a collaborative environment that values your insights, encourages you to take on new responsibilities, promotes continuous learning, and rewards innovation. We proactively communicate with our partners and leadership, and help shape priorities by analyzing data, gathering metrics, identifying pain points and rationalizing business processes.

Detailed activities and responsibilities include:

• Manage the ACL disclosure processes to ensure consistent and accurate internal management and external SEC and Regulatory reporting


• Oversee impactful ACL backtesting activities that provide transparency on performance vs. expectations, which are a critical input to quarterly ACL governance activities with Senior Leadership


• Serve as a subject matter expert over the ACL and related metrics


• Communicate ACL results to stakeholders on a quarterly basis


• Set the reporting team agenda and lead projects, driving and influencing decisions on strategic imperatives or special topics


• Manage your area of the team to elevate associate performance, create a positive environment and build and maintain a high performing team


• Build and leverage relationships with business partners, including risk management and finance, to understand their processes and results


• Create dynamic ACL analytics and present analysis clearly and concisely for executive leadership


• Review quarterly journal entries and monthly account reconciliations


• Leverage new and existing technologies to enhance reporting and analytics


• Support ACL compliance activities for management, internal audit and external audit groups by providing documentation and addressing queries

General responsibilities:

• Create connections across the team and organization to drive collaboration


• Leverage sound business judgment to evaluate analytical results and formulate recommendations


• Share expertise and insights with business partners


• Collaborate with the team to prioritize projects and support large scale Controllers initiatives

Qualifications

Basic Qualifications:

• Bachelors' degree or military experience


• At least 5 years of experience in accounting, external financial reporting, audit, or finance, or a combination

Preferred Qualifications:

• Certified Public Accountant (CPA) license


• 2 years of experience in banking, financial services, or a combination


• 1 year of people management experience


• Strong track record of building relationships within accounting groups and other areas of an organization


• Experience with Accounting Systems such as Peoplesoft, SAP or Oracle Financials


• Experience with Reporting systems such as Onestream, Tableau, Google Data Studio


• Ability to reach well-reasoned conclusions on financial reporting and disclosure issues


• Strong analytical, problem solving, and organizational skills


• Strong communication skills (both written and verbal)


• Ability to coordinate work across a team and meet deadlines in a fast-paced environment

Salary

• McLean, VA: $151,900 - $173,400 for Manager, Accounting


• Richmond, VA: $138,100 - $157,700 for Manager, Accounting


• Wilmington, DE: $138,100 - $157,700 for Manager, 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.

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.

For technical support or questions about Capital One's recruiting process, please send an email to [e-mail].

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.