Senior Director, Card Accounting and Reconciliations

Capital One; Richmond (VA); Hybrid; USD 217,000 - 272,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Capital One’s Global Finance Card Product Controllers team seeks a Senior Director to lead end-to-end accounting for our Credit Card lines. You’ll manage a hybrid team of about 30, collaborate with Controllers, FP&A, and the Card Line of Business, and influence policies and close processes.

You’ll drive automation, centralization, and process improvements while ensuring US GAAP compliance and regulatory filings accuracy, mentoring staff, and partnering across enterprise.

Qualifications

• Bachelor’s Degree in Accounting or military experience.
• CPA designation required.
• At least 12 years of accounting experience.
• At least 5 years in Public Accounting OR Technical Accounting.
• At least 3 years in Card Accounting OR Accounting Policy.

Responsibilities

• Leads a hybrid team of ~30 associates delivering financial results for Branded and Business Card, and Payments.
• Presents complex matters clearly during month-end close to Controller leadership.
• Identify and drive centralization, automation, or outsourcing of activities.
• Conduct ad-hoc analyses to show impact on results and policy decisions.
• Partner with teams to assess strategies and accounting impact on business decisions.
• Draft/review information for 10-K, 10-Q, earnings releases for accuracy; ensure GAAP compliance.
• Lead reconcilers to ensure transactions appear correctly in Finance systems.
• Collaborate to design and implement new product initiatives and processes.
• Deliver internal audit reviews and SOX compliance.
• Coach and develop associates through leadership.

Skills

Leadership

Cross-functional

US GAAP

Debt accounting

SOX compliance

Communication

Python scripting

Education

Bachelor’s Degree in Accounting

CPA designation

Job description

Overview

Global Finance supports all of Capital One’s worldwide financial activities, including corporate-level financial reporting, internal control, inter-company and tax activities. Within Global Finance, the Card Product Controllers team is seeking a high-energy and forward-thinking professional to join us as a Senior Director focused on Accounting for our Credit Card Business.

So who are you? As a member of the Card Product Controllers team, you’re confident leading a team responsible for the end-to-end accounting of our largest product lines. You enjoy collaborating with key partners across Controllers, Financial Planning and Analysis (FP&A), and the Credit Card Line of Business, among others. You develop strategies prioritizing well managed results that are resilient through change. You communicate those strategies and results clearly and succinctly with our team and build buy-in with stakeholders across the enterprise. Most importantly, you’re a team player and a leader that comes ready to empower, inspire, and include others and make Capital One a great company and a great place to work.

Major Responsibilities

• Leads a hybrid team of ~30 associates delivering well managed financial results for our Branded and Business Card and Payments businesses and Rewards offerings
• Communicates complex matters in a simple way during month end close presentations to Controller leadership and during regular business discussions
• Identify and drive opportunities to centralize, eliminate, automate or outsource activities in a scalable, sustainable and standardized manner
• Drive ad-hoc business analysis to display how business actions impact our financial results and our accounting policy decisions
• Partners with partner teams to assess overall strategies and determine how accounting rules and processes impact business decisions, while anticipating issues and obstacles
• Work closely with Accounting Policy to research Card Accounting questions, prepare summaries and drive results; draft and/or review related information in the 10-K, 10-Q, earnings release and other regulatory filings for accuracy. Ensure compliance with US GAAP, SEC regulations and other regulatory guidance
• Lead our team of highly skilled reconcilers to identify and understand when and why transaction activities aren’t showing up in our Finance systems correctly
• Partner with project management and business partner teams, to design and implement new business product / program initiatives and processes
• Deliver internal audit review and SOX compliance
• Display a passion for coaching and developing a team of associates through their leadership style

Characteristics we’re looking for

• Team player capable of interacting cross-functionally and at all levels of the organization and capable of taking ownership Aptitude for leading teams; influencing and galvanizing others to follow you toward a solution
• Adaptive to change, new ideas and able to prioritize with minimal direction
• Passion for improvement and a desire to keep learning with what new technology can offer to rethink the possible, including data transformation, BI tools and automation scripting (e.g., Python)
• Thorough knowledge of US GAAP and experience with investment & debt accounting
• Inspiring leader who can motivate and empower their team
• A demonstrated history of solving multiple and complex operational and accounting challenges
• Organizational skills along with an aptitude for information technology
• Strong interpersonal written and oral communication skills
• Ability to work with minimal supervision

This role is designated as a hybrid position. You are expected to adhere to Capital One's hybrid policy regarding required on-site presence at your designated office location.

Basic Qualifications

• Bachelor’s Degree in Accounting or military experience
• Certified Public Accountant (CPA) designation
• At least 12 years of accounting experience
• At least 5 years of Public Accounting experience OR at least 5 years of Technical Accounting experience
• At least 3 years of Card Accounting OR Accounting Policy experience

Preferred Qualifications

• 5+ years of experience with a public financial services company in Accounting Policy
• 5+ years of experience in a technical accounting role within a public accounting firm
• 5+ years of experience interacting with standard-setting organizations (FASB, EITF, OCC, SEC, IASB, etc.)

At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer)

McLean, VA: $238,700 - $272,400 for Sr. Director, Accounting

Richmond, VA: $217,000 - $247,700 for Sr. Director, 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]