Principal Associate, Close and Consolidation

Capital One; Chicago (IL); On-site; USD 110,000 - 125,000; Full time

Benefits offered by this job

Health benefits

Inclusive benefits

Job summary

Capital One is seeking a people-oriented leader to manage our close and consolidation process in a collaborative, fast-paced financial services environment. You will work with accounting systems, technology teams, and business partners to ensure accurate month-end closing and strong internal controls.

You will oversee the consolidation of financial statements, lead a team of indirect reports and contractors, advise on legal entity questions, and drive enterprise initiatives including ERP

Qualifications

• Bachelor's degree or military experience.
• At least 3 years of experience in Accounting, Finance, or Audit.
• Preferred: MBA with Finance concentration, CPA.

Responsibilities

• Oversee the consolidation of financial statements, intercompany eliminations and currency translations.
• Partner with accounting systems, technology, and line-of-business teams to ensure month-end close.
• Review month-end close journal entries, controls, processes and deliverables.
• Develop and coach a team of indirect reports and contractors.
• Lead team in preparing and automating the Statement of Cash Flows.
• Define future state consolidations vision for the new ERP system.

Skills

3+ years experience

Education

Bachelor's Degree or military experience

Bachelor’s Degree in Accounting or Finance or Business

MBA with Finance concentration

CPA

Job description

We are looking for a people oriented leader that is interested in working at a collaborative fast paced financial services company. This person will be responsible for managing our close and consolidation process. They will work closely with our technology and accounting system teams, advise on legal entity questions and play a leadership role in a number of enterprise initiatives.

Responsibilities

• Oversee the consolidation of our financial statements, legal entity reviews, intercompany eliminations and foreign currency translations.
• Partner with accounting systems, technology, and line of business accounting teams to ensure month end processes are completed and accounting systems are closed.
• Review month end close journal entries, controls, processes and deliverables.
• Develop and coach a team of indirect reports and contractors.
• Lead team in preparing and automating the Statement of Cash Flows.
• Partner with Accounting Systems, technology, and project teams to define future state consolidations vision for new ERP system.
• Provide advisory support on legal entity and technical accounting consolidation questions, including acquisitions and divestitures.
• Lead team engagement on enterprise initiatives and system integrations.
• Build relationships, collaborate, and partner cross-functionally with business partners.
• Support compliance activities.

Basic Qualifications

• Bachelor's Degree or military experience
• At least 3 years of experience in Accounting, or Finance, or Audit, or a combination

Preferred Qualifications

• Bachelor’s Degree in Accounting, or Finance, or Business
• Masters of Business Administration (MBA) with a Finance concentration
• Certified Public Accountant (CPA)

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.

Chicago, IL: $109,900 - $125,400 for Principal Associate, Accounting

McLean, VA: $120,800 - $137,900 for Principal Associate, Accounting

Richmond, VA: $109,900 - $125,400 for Principal Associate, Accounting

Wilmington, DE: $109,900 - $125,400 for Principal 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. 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.

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

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).