Principal Associate, Commercial Accounting

Principal Associate, Commercial Accounting

We are seeking a highly motivated accountant to join the Controllers Group as a Principal Accounting Associate with a focus on accounting, financial analysis, and process improvements. We are looking for a new team member to support our Low-Income Housing Tax Credit (LIHTC) and Alternative Energy equity investment businesses. The role requires close partnership with our business contacts to coordinate and deliver key results, project initiatives and documentation.

The team member should possess strong written and verbal communication skills, as well as strong analytical, problem solving and organizational skills. The team member will be a self-starter responsible for managing multiple priorities and meeting deadlines in a fast paced, time-sensitive environment. The Controllers Group supports the financial implementation of new products, services, and systems with countless opportunities for knowledge growth.

In this role you will:

• Prepare and review accounting-related activities, such as journal entries and reconciliations, analytics and support and prepare external Securities and Exchange Commission and regulatory reports, including documentation and presentation of results to management and senior leadership
• Serve as the main point of contact engaging with business partners on Tax Credit Investment product offerings, primarily Low-Income Housing Tax Credit (LIHTC) and Alternative Energy investments, and assess new or changing business initiatives to determine the impact on existing processes, as well as VIE/Consolidation reporting
• Respond to requests from Finance and key business partners, associates throughout the Controllers group, Operations teams, and external and internal auditors
• Present results, findings, risks and recommendations to leadership and stakeholders
• Collaborate with several teams across the organization on various corporate initiatives
• Contribute to process improvement through project development and knowledge sharing
• Participate in key corporate projects such as technology and data transformation, process improvement, and business initiatives
• Collaborate with internal and external partners to resolve issues and stay connected on process or product changes

Basic Qualifications:

• Bachelor's Degree or military experience
• At least 3 years of experience in accounting, external financial reporting, audit, finance, or a combination
• At least 2 years of experience with Google Office or Microsoft Office products, or a combination

Preferred Qualifications:

• Certified Public Accountant (CPA) license
• 5+ years of experience in accounting, external financial reporting, audit, or finance, or a combination
• Experience in the Financial Services industry

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

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.

No agencies please.

Salary information varies by location as below:

• 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…