Principal Associate, Accounting - Close & Consolidations

Capital One - West McLean, VA

Full-time - Mid Level

West McLean, VA

Credit Intermediation and Related Activities

About the position

The Principal Associate, Accounting - Close & Consolidations role at Capital One is designed for a motivated professional to join the Close & Consolidations team. This position focuses on implementing a new Enterprise Resource Planning (ERP) system, coordinating changes to the Close & Consolidations process, and ensuring the accuracy of financial reporting. The role involves collaboration with various teams and understanding current and future systems to enhance financial operations.

Responsibilities

• Collaborate with a team to design and implement solutions for the close & consolidation process.
• Maintain an understanding of systems including PeopleSoft General Ledger and Hyperion Consolidation tool.
• Prepare and propose reconciling journal entries.
• Understand relationships between financial line items and general ledger accounts.
• Gather and document requirements for system configuration changes.
• Lead and assist in the development, testing, and implementation of project requirements.
• Present results, findings, risks, and recommendations to leadership and stakeholders.
• Recommend changes or modifications to existing processes and standards.
• Demonstrate effective communication and collaboration across teams.
• Maintain effectiveness in a constantly changing environment.
• Apply integrative thinking to identify issues and propose solutions.

Requirements

• Bachelor's Degree or military experience.
• At least 3 years of experience in Accounting, Finance, or a combination.

Nice-to-haves

• Experience with PeopleSoft Financial System, Hyperion, or Workday.
• Experience with ERP implementation.
• Demonstrated ability to automate manual processes.
• Proficiency in Microsoft Excel and Smart View.

Benefits

• Comprehensive health benefits
• Financial benefits
• Inclusive set of benefits supporting total well-being