Manager, Credit Accounting

About the role

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 internal and external reporting and analysis of the Allowance for Credit Losses (ACL). You will work closely with finance, risk management, line of business accounting, and external reporting partners to ‘tell the story’ of the ACL each quarter and deliver key disclosures and analytics.

Responsibilities

• Manage the ACL disclosure processes to ensure consistent and accurate internal management and external SEC and Regulatory reporting.
• Oversee impactful ACL backtesting activities that provide transparency on performance vs. expectations, which are a critical input to quarterly ACL governance activities with Senior Leadership.
• Serve as a subject matter expert over the ACL and related metrics.
• Communicate ACL 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 ACL 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 compliance activities for management, internal audit, and external audit groups by providing documentation and addressing queries.

General responsibilities include:

• 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

• Bachelor’s 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 year of people management experience.
• Strong track record of building relationships within accounting groups and other areas of an organization.
• Experience with Accounting Systems such as Peoplesoft, SAP, or Oracle Financials.
• Experience with Reporting systems such as Onestream, Tableau, or Google Data Studio.
• Ability to reach well-reasoned conclusions on financial reporting and disclosure issues.
• Strong analytical, problem-solving, and organizational skills.
• Strong communication skills (both written and verbal).
• Ability to coordinate work across a team and meet deadlines in a fast-paced environment.

Pay

The minimum and maximum full-time annual salaries for this role are listed below, by location. Salaries for part-time roles will be prorated based on the agreed-upon number of hours to be regularly worked.

• McLean, VA: $151,900 - $173,400 for Manager, Accounting
• Richmond, VA: $138,100 - $157,700 for Manager, Accounting
• Wilmington, DE: $138,100 - $157,700 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 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.

Benefits

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. Learn more at the Capital One Careers website.