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Principal Financial Analyst

Principal Financial Analyst

As a Principal Financial Analyst, you will work for a company that invests in ways to tell stories, view trends, and diagnose results in a more compelling and visual nature. You will have the opportunity to partner with business customers on driving strategic business direction that leads to sustainable performance, and you will be asked to challenge our current well-managed processes to be more proactive, effective and efficient. 

 

The Business Cards & Payments Finance Team is seeking a Principal Financial Analyst to support the Business Card strategy. Business Card strategy is at the intersection of our Credit Card and Commercial businesses. This role specifically will support and fully own the Business Card P&L and forecast revenue and volumes. There will be opportunities to model P&L scenario planning and perform ad hoc analysis in support of strategic initiatives. This role includes data analysis, forecasting, and strategic partnership with the business. Storytelling on top of a deep understanding of the complex revenue, credit and cost dynamics of the business will be needed. The ideal candidate is someone who is analytically curious, enjoys financial analytics, and is excited to help drive an essential aspect of the business’s strategy. 

Principal Financial Analysts perform financial data analysis in preparing Profit & Loss or other statements and frequently build reports for higher level associates. They provide management and business clients with project statuses as well as perform reporting and analysis to support presentations and ad-hoc requests. 

The role requires strong analytics, communication, problem solving, strategic thinking, and influencing skills in order to effectively:

  • Conduct analysis and articulate outcomes and relevant insights

  • Develop presentations for senior audiences to communicate insights and to influence business and financial outcomes

  • Partner with business teams to assess the financial implications of ongoing and proposed efforts to optimize business performance

  • Foster trusted business partnerships

  • Collaborate with multidisciplinary teams

Responsibilities:

  • Financial reporting and analysis, including budgeting, forecasting, variance analysis, financial reporting, and Profit & Loss (P&L) management

  • Coordinate and collect input data from Financial Analysts in different departments, check data integrity, summarize and convert data, run models, verify, analyze, and communicate output data

  • Assist in development of business presentations to communicate analytical results to senior audiences; clearly articulate outcomes of analysis and make recommendations to leadership 

  • Independently manage and prioritize workload

  • Address and deliver on ad-hoc requests and special projects, often in an ambiguous environment

  • Demonstrate a passion to learn and continuously develop FP&A and technical skills

Basic Qualifications:

  • Bachelor’s Degree or military experience 

  • At least 3 years’ experience in financial analysis

  • At least 3 years’ experience with financial modeling

Preferred Qualifications:

  • Master’s Degree in Business Administration (MBA) Accounting, Finance, or Economics 

  • Chartered Financial Analyst (CFA) license or Certified Public Accountant (CPA) license

  • At least 4+ years’ experience in financial analysis

  • At least 4+ years’ experience with financial modeling

  • 3+ years’ experience in strategic analysis and planning 

  • Experience in Microsoft Excel and G Suite 

  • Demonstrated independent problem solving and strategic thinking abilities

  • Strong teamwork skills; ability to positively contribute to overall success of the team

  • Sequel and Python skills 

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: $117,300 - $133,900 for Principal Financial Analyst


 

Richmond, VA: $106,700 - $121,700 for Principal Financial Analyst


 


 


 


 


 


 


 


 


 

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 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

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).

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Average salary estimate

$114200 / YEARLY (est.)
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$106700K
$121700K

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What You Should Know About Principal Financial Analyst, Capital One

As a Principal Financial Analyst at Capital One, located in the vibrant city of Richmond, VA, you will join a dynamic team committed to transforming how we tell stories, analyze trends, and derive insights in the financial landscape. Your role will be pivotal as you collaborate with business stakeholders to guide strategic initiatives that drive sustainable performance. You'll take full ownership of the Business Card P&L, delving into revenue forecasting and volume analysis to ensure our Business Card strategy thrives at the crossroads of our Credit Card and Commercial sectors. Your analytical skills will shine as you model P&L scenarios and conduct ad-hoc analyses that support critical business decisions. As you dive deep into financial analytics, effective storytelling will be your superpower, allowing you to interpret complex revenue and cost dynamics. In this hands-on position, you'll not only manage financial reporting, budgeting, and variance analysis but also create impactful presentations for senior audiences. You’ll balance multiple priorities in a fast-paced environment and foster strong partnerships across teams. With responsibilities that include conducting financial analysis, collaborating on strategic projects, and contributing to ad-hoc requests, this position is tailor-made for an analytically curious individual who thrives on making a meaningful impact. We welcome you to bring your problem-solving prowess and strategic thinking abilities to Capital One, where your contributions will help us succeed in the ever-evolving financial landscape.

Frequently Asked Questions (FAQs) for Principal Financial Analyst Role at Capital One
What are the responsibilities of a Principal Financial Analyst at Capital One?

The Principal Financial Analyst at Capital One is essential in managing financial reporting and analysis, overseeing the Business Card P&L, and conducting forecasting and variance analysis. This role also involves collaborating with business teams to assess the financial implications of ongoing initiatives, preparing presentations for senior leadership, and performing ad hoc requests to support various projects.

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What qualifications are required for the Principal Financial Analyst position at Capital One?

To qualify for the Principal Financial Analyst position at Capital One, candidates should possess a Bachelor’s Degree or equivalent military experience, with at least three years of experience in financial analysis and financial modeling. Preferred qualifications include a Master’s Degree in Business Administration, a CFA or CPA license, and four or more years of experience in strategic analysis.

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How does a Principal Financial Analyst influence business strategy at Capital One?

At Capital One, a Principal Financial Analyst influences business strategy by conducting comprehensive financial analysis that supports decision-making processes. By modeling P&L scenarios and analyzing trends, this role provides critical insights that help guide strategic initiatives, ensuring alignment with the company's goals for sustained performance.

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What skills are essential for success as a Principal Financial Analyst at Capital One?

Success as a Principal Financial Analyst at Capital One requires strong analytical skills, effective communication abilities, strategic thinking, and problem-solving expertise. Additionally, proficiency in financial modeling, familiarity with data integrity processes, and teamwork skills are crucial for navigating the challenges of this role.

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What can a Principal Financial Analyst expect in terms of career advancement at Capital One?

A Principal Financial Analyst at Capital One has ample opportunities for career advancement through ongoing learning and development initiatives. By demonstrating strong analytical capabilities, building influential partnerships, and contributing to strategic projects, professionals in this role can progress to higher-level financial positions within the organization.

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Common Interview Questions for Principal Financial Analyst
How do you approach financial forecasting?

When answering this question, focus on your methodical approach to gathering data, analyzing past trends, and considering external factors. Discuss the tools you use and how you ensure accuracy and reliability, highlighting any specific experiences you've had with forecast models.

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Can you describe your experience with P&L management?

Provide specific examples of your experience managing Profit & Loss statements. Discuss how you've contributed to P&L analysis, your understanding of revenue and expense components, and how you ensure financial health and performance optimization for the business.

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What analysis techniques do you employ to assess financial performance?

Identify various techniques such as variance analysis, trend analysis, and predictive modeling. Explain how each technique aids in understanding financial performance and how you apply these techniques to drive business decisions.

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How do you prioritize your workload when handling multiple projects?

Discuss your time management strategies, including how you assess urgency and importance. Provide insights into your organizational skills and tools or methodologies you utilize to remain focused and organized amidst competing deadlines.

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Explain a time when your financial insight influenced a business decision.

Prepare a narrative that details a specific instance where your analysis led to a significant business outcome. Emphasize the challenge, your approach, and the impact of your recommendations on the decision-making process.

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How comfortable are you with advanced Excel functions and financial modeling?

Discuss your advanced skills with functions, pivot tables, and macros in Excel. Highlight any financial modeling projects you've worked on, showing your ability to utilize Excel as a powerful tool for analysis and reporting.

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How do you ensure data integrity during your analyses?

Talk about your systematic approach to data verification, including checks and validation processes you implement. Share specific methodologies you use to maintain high data quality in your analyses.

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Describe your experience working with cross-functional teams.

Provide examples of how you’ve collaborated with various departments, emphasizing your communication skills and ability to build strong relationships. Mention specific projects where teamwork was essential for success.

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What role does storytelling play in your financial presentations?

Highlight the importance of storytelling in presenting financial data. Discuss how you translate complex data into compelling narratives that resonate with diverse audiences, ultimately driving decisions based on your analysis.

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What tools and software do you prefer for financial analysis?

Identify the tools you're proficient in, such as Excel, SQL, or financial planning software. Discuss why you prefer these tools and how they enhance your analytical capabilities in the context of complex financial environments.

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DATE POSTED
April 10, 2025

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