Manager – Credit Accounting

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

Manager – Credit Accounting

Capital One is seeking a highly motivated professional to join the Controllers Accounting Department as a Manager supporting the Credit Accounting function. This role leads our internal and external reporting and analysis of the Allowance for Credit Losses (ACL) and Credit results.  This role will work closely with our finance, risk management, line of business accounting, and external reporting partners to ‘tell the story’ of the ACL and Credit each quarter and deliver key Credit disclosures and analytics. Primary responsibilities include managing accounting, reporting and analytical activities related to the ACL and Credit results. 

As an Accounting Manager, you will leverage your Accounting and Financial Analysis expertise and apply your strategic and analytical skills to address major Controllers challenges. You will do it all in a collaborative environment that values your insights, encourages you to take on new responsibilities, promotes continuous learning, and rewards innovation. We proactively communicate with our partners and leadership, and help shape priorities by analyzing data, gathering metrics, identifying pain points and rationalizing business processes.

Detailed activities and responsibilities include:

• Manage the ACL and credit quality disclosure processes to ensure consistent and accurate internal management and external SEC and Regulatory reporting,

• Serve as a subject matter expert over ACL and credit quality metrics,

• Communicate ACL and credit results to stakeholders on a quarterly basis,

• Set the reporting team agenda and lead projects, driving and influencing decisions on strategic imperatives or special topics,

• Manage your area of the team to elevate associate performance, create a positive environment and build and maintain a high performing team 

• Build and leverage relationships with business partners, including risk management and finance, to understand their processes and results,

• Create dynamic credit analytics and present analysis clearly and concisely for executive leadership,

• Review quarterly journal entries and monthly account reconciliations,

• Leverage new and existing technologies to enhance reporting and analytics,

• Support ACL and credit compliance activities for management, internal audit and external audit groups by providing documentation and addressing queries

General responsibilities:

• Create connections across the team and organization to drive collaboration

• Leverage sound business judgment to evaluate analytical results and formulate recommendations

• Share expertise and insights with business partners

• Collaborate with the team to prioritize projects and support large scale Controllers initiatives 

Qualifications

Basic Qualifications:

• Bachelors’ degree or military experience 

• At least 5 years of experience in accounting, external financial reporting, audit, or finance, or a combination

Preferred Qualifications:

• Certified Public Accountant (CPA) license

• 2+ years of experience in banking, financial services, or a combination

• 1+ years of people management experience

• 1+ years of experience with Accounting Systems such as Peoplesoft, SAP or Oracle Financials

• 1+ years of experience with Reporting systems such as Onestream, Tableau, Google Data Studio

• Ability to reach well-reasoned conclusions on financial reporting and disclosure issues

• Strong written and verbal communication skills

• Ability to coordinate work across a team and meet deadlines in a fast-paced environment

• Strong analytical, problem solving, and organizational skills

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

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 committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex (including pregnancy, childbirth or related medical conditions), race, color, age, national origin, religion, disability, genetic information, marital status, sexual orientation, gender identity, gender reassignment, citizenship, immigration status, protected veteran status, or any other basis prohibited under applicable federal, state or local law. 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 RecruitingAccommodation@capitalone.com. 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 Careers@capitalone.com

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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).