Principal Associate, Financial Analysis; Hybrid

Principal Associate, Financial Analysis (Hybrid) at Capital One summary:

The Principal Associate, Financial Analysis supports business leaders by developing financial models, forecasts, and reports to drive strategic decisions in payments and technology platforms. This role involves budgeting, variance analysis, KPI monitoring, and preparing financial recommendations for management. The position requires strong analytical skills, experience with financial services, and proficiency in tools like SQL and Python, with occasional travel expected.

We are looking for a customer focused, inquisitive Principal Financial Analyst to join Discover Global Payments Network (GPN) Finance and support the Payments organization. You will support multiple business leaders and influence decisions for the Network’s platforms, capabilities, operations, modernization initiatives, and acceptance strategies, Tech executives and influence business decisions for enterprise payments platforms, while maintaining a sustainable financial trajectory.

Financial Analysts prepare financial statement forecasts, assist with the periodic closing of accounting books, and frequently build reports for higher level associates; including trend and forecast variance analysis; provide management and business clients with project statuses; budget comparisons, and analysis on investment drivers and key performance indicators. You will be asked to challenge our current well-managed processes to be more proactive, effective, and efficient, and you will be encouraged to find new ways to tell stories, analyze trends, and diagnose results in a compelling and visual nature.

Responsibilities:

• Develop the Annual Budget, Monthly Financial Forecast and the Long-Term Financial Plan

• Develop financial models and analyses to support growth of the business and strategic initiatives Develop profitability analyses and projections for marketing and customer segments; develop and enhance financial models; improve forecasting accuracy and drive business insights

• Analyze current and past trends in key performance indicators including areas of revenue, expenses and capital expenditures

• Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance

• Analyze complex financial information and reports to support accurate and timely financial recommendations to management for decision making purposes

• Prepare monthly, quarterly and annual Reporting and Analysis

• Identify industry trends and insights pertaining to competitor’s strategies and/or relative financial performance (e.g. peer benchmarking) Analyze customer behaviors and product profitability trends to understand financial behaviors

• Perform ad hoc analysis using data retrievals from internal financial systems and external market databases and package insights into clear and concise presentations

• Provide strategic advice and financial analyses for investment decisions, pricing changes, and channel and segment expansions

• Implement and work with Business Intelligence Tools and Dashboard reports

Travel Expectations:

The associate will be expected to travel an average of 10-15% of the time.

Basic Qualifications:

• Bachelor’s Degree or military experience

• At least 4 years of experience in financial analysis

Preferred Qualifications:

• Masters Degree in Business Administration (MBA), Accounting, Finance, or Economics

• Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license

• At least 5 years of experience in financial analysis and financial modeling

• At least 3 years of experience using SQL, Python, or a combination

• At least 3 years of experience in financial services, banking or technology industries

• At least 3 years of experience partnering with senior leaders and internal stakeholders

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

This role is hybrid meaning associates will spend 3 days per week in-person at one of our offices listed on this job posting. Fridays are enterprise- wide virtual work days. Monday, Tuesday, Wednesday and Thursday are in-person days for associates…