Capital One

Senior Accounting Associate, Card Partnerships

Posted on: 12 Mar 2021

Richmond, VA

Job Description

West Creek 3 (12073), United States of America, Richmond, Virginia

Senior Accounting Associate, Card Partnerships

Does the idea of working with professional, highly trained accountants inspire you? Are you an accounting professional with a demonstrated ability to work well in teams, develop new ideas, and take ownership of your projects? Would you like the opportunity to individually contribute to the team, along with the opportunity to grow into a leader? Would you like to work in a collaborative environment where your contributions are recognized and rewarded, all while having a work-life balance? If so, opportunities for professional and personal fulfillment in a dynamic, progressive organization await you at Capital One!
As a Senior Accountant Associate in Card Partnership Accounting, you will have dynamic responsibilities associated with interactions with multiple areas associated with the Partner Credit Card Business, Capital Ones month-end closing, and participate in projects for our growth oriented organization. We are looking for a collaborative candidate with excellent written and verbal communication and sharp problem solving skills. You will assist in the compilation of reports and analysis to support management review of financial results for the Partnership segment. The role includes model creation/maintenance to financially settle with partners and to analyze monthly partner results, as well as identify issues and collaborate on recommended solutions.

Responsibilities:

* Prepare monthly financial performance analysis related to monthly portfolio results and interface with Business partners for additional insight on performance trends

* Understand contractual arrangements with partner relationships and administer the financial compensation settlement including creation of the settlement statement, arrangements for partner payment, and monthly presentation to Business partners partner as required

* Perform monthly close responsibilities, particularly associated with the partner relationships

* Ensure accounting practices and documentation procedures are performed in accordance with accounting and governance policies and procedures

* Identify and deliver process improvements

* Prepare and submit assigned account reconciliations

* Participate in special projects and ad hoc requests as they arise

Basic Qualifications:

* Bachelor Degree or Military Experience

* At least 3 years of accounting or finance or audit experience or a combination

Preferred Qualifications:

* MBA Degree

* Certified Public Accountant (CPA) certification

* 3+ years of Accounting experience in banking or insurance industry

* 1+ years of experience in general financial system knowledge (with particular emphasis on PeopleSoft general ledger, Hyperion Essbase, Excel and other MS Office software)

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

Capital One

McLean, VA

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association; and Capital One, National Association, which provides various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking.

The company offers non-interest-bearing and interest-bearing deposits, such as checking accounts, money market deposit accounts, negotiable order of withdrawals, savings deposits, and time deposits. It also provides credit card loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services.

It serves consumers, small businesses, and commercial clients through the Internet and mobile banking, as well as through Cafés, ATMs, and branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. Capital One Financial Corporation was founded in 1988 and is headquartered in McLean, Virginia.

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