Accounting Manager, Retail Bank
Are you an analytical forward thinker who thrives on being a key leader in a high energy financial services organization? Do you want to work in a business-casual, collaborative environment where your contributions are recognized, successes are elevated and effort is rewarded? Our accountants are masters of accounting principles with an understanding of the full end-to-end accounting process. You will be surrounded by intellectually curious accounting professionals every day, all with the end goal of creating a seamless, well-managed client experience.
We are seeking a highly motivated accountant to join the Retail Bank Accounting team as a Manager with a focus on accounting, reporting, and analytics. Your role will get a front row seat to exciting strategic initiatives in the Retail Bank line of business as you oversee the accounting and reporting for Retail Deposits, Small Business Lending and Deposit Infrastructure. You will lead a high-performing team with a focus on evolving our financial processes alongside exciting new strategic initiatives, product launches and systems integrations. You will be a self-starter responsible for managing multiple priorities across the team and meeting deadlines in a fast-paced, time-sensitive environment. You will bring a risk-centric mindset to govern important financial processes and ensure financial results are reported completely and accurately. Your role will provide an opportunity to engage with executive stakeholders and partner with Financial Planning, Corporate Development and the Line of Business to drive appropriate accounting and reporting in our external filings and internal reporting.
Responsibilities
- Lead a team of motivated associates responsible for accurate accounting and financial reporting and insightful analytics
- Actively support training, development, and evaluation of associates to create a high-performing, cohesive team
- Oversee the delivery of monthly, quarterly and annual analyses of Retail results to VP+ and Controller, focusing on key drivers of periodic changes, impacts of projects or unusual transactions and variances to expectations
- Develop deep subject matter expertise in technical accounting aspects of Retail products and operations and consult with Line of Business, Financial Planning, Policy, and other internal partners on how accounting treatment impacts financial reporting
- Partner directly with Line of Business, Financial Planning, Corporate Development, Policy and other Accounting and Reporting teams to support new enterprise and business initiatives, projects, and acquisitions related to the Retail products, customer experience and payments/transactions
- Oversee well-managed journal entry and reconciliation processes in support of accurate month end close and financial records, assisting with direct review of these areas when necessary
- Inspire the team to drive efficiencies and reduce risk through the identification and implementation of process improvements
- Review and maintain supporting documentation to substantiate information included in SEC and regulatory filings and disclosures
- Provide technical support on accounting disclosures to ensure compliance with U.S. GAAP, SEC regulations and regulatory requirements
- Implement appropriate risk management of processes, procedures and standards while incorporating updates as a result of changing business factors
- Assist in external audit coordination and internal audit reviews
- Support ongoing SOX and regulatory compliance requirements
Basic Qualifications
- Bachelor's degree in accounting or finance, or military experience
- At least 5 years of experience in accounting or audit or finance, or a combination
Preferred Qualifications
- Active Certified Public Accountant (CPA) license
- At least 7 years of experience in accounting or audit or finance, or a combination
- At least 1 year of experience in people management
- At least 3 years of experience with financial institutions
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
McLean, VA: $146,100 - $166,700 for Manager, Accounting
Richmond, VA: $132,800 - $151,600 for Manager, Accounting
Wilmington, DE: $132,800 - $151,600 for Manager, 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 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 [email protected] . 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 [email protected]
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
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).
Top Skills
Similar Jobs at Capital One
What you need to know about the Los Angeles Tech Scene
Key Facts About Los Angeles Tech
- Number of Tech Workers: 375,800; 5.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Snap, Netflix, SpaceX, Disney, Google
- Key Industries: Artificial intelligence, adtech, media, software, game development
- Funding Landscape: $11.6 billion in venture capital funding in 2024 (Pitchbook)
- Notable Investors: Strong Ventures, Fifth Wall, Upfront Ventures, Mucker Capital, Kittyhawk Ventures
- Research Centers and Universities: California Institute of Technology, UCLA, University of Southern California, UC Irvine, Pepperdine, California Institute for Immunology and Immunotherapy, Center for Quantum Science and Engineering