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Sr. Associate, Commercial Bank Accounting

Sr. Associate, Commercial Bank Accounting

We are seeking a highly motivated professional to join the Commercial Bank Accounting team as a Senior Associate focusing on accounting, financial analysis and automation improvements. We are looking for a new team member who has strong analytical, problem solving and organizational skills. The team member should also possess strong written and verbal communication skills. The team member would be a self-starter responsible for managing multiple priorities and meeting deadlines in a fast-paced, time sensitive environment. This person should have a passion for improvement and finding solutions in coordination with business partners.

  • Perform monthly analysis and reporting of financial performance for management and key stakeholders with time sensitive deadlines

  • Support and prepare external SEC and regulatory reports, including documentation and presentation of results to management and senior leadership

  • Ensure accounting and reporting practices and documentation are performed in accordance with corporate policies and procedures

  • Respond to requests from Finance and key business partners, associates throughout the Controllers group, Operation teams, and external and internal auditors

  • Owns automation efforts of team’s processes to help drive efficiencies, enhanced controls, and/or improved accuracy and quality of deliverables. 

  • Participate in change initiatives and ad hoc projects to support team-level and enterprise-wide initiatives

  • Serve as point of contact for Commercial accounting teams and other business partners

  • Provide ad hoc analysis to management

  • Provide support for audit, risk and compliance groups when necessary

  • Leads change initiatives by supporting line of business efforts and enterprise initiatives

 

Basic Qualifications:

  • Bachelors’ degree or military experience  

  • At least 1 year of experience in accounting, external financial reporting, audit or finance, or a combination

  • At least 1 year of experience with Google Office or Microsoft Office products, or a combination

Preferred Qualifications:

  • 2+ years of experience in accounting, external financial reporting, audit or finance, or a combination

  • 2+ years of experience with Google Office or Microsoft Office products, or a combination

  • Certified Public Accountant (CPA) license

  • Experience in the Financial Services industry or public accounting

  • Experience with Tableau, Google Looker, SQL, Python, Snowflake, or OneStream

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: $94,600 - $107,900 for Sr. Associate, Accounting


 

Richmond, VA: $86,000 - $98,200 for Sr. Associate, 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 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

$101250 / YEARLY (est.)
min
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$94600K
$107900K

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What You Should Know About Sr. Associate, Commercial Bank Accounting, Capital One

Join Capital One's Commercial Bank Accounting team as a Senior Associate and take your career to the next level! This role is designed for someone energetic and self-motivated, with an eagerness to tackle the challenges of accounting, financial analysis, and automation improvements. As a Senior Associate in McLean, VA, you'll be the analytical brain behind monthly financial performance reports, keeping key stakeholders informed and updated. Your ability to communicate effectively - whether it's through documentation or presentations - will shine as you support external SEC and regulatory reporting. You'll also be involved in various exciting projects aimed at enhancing operational efficiency through automation while maintaining compliance with corporate policies. From responding to requests from finance teams to supporting your colleagues in audit, risk, and compliance, every day will bring fresh challenges and opportunities. Your problem-solving skills and knack for organization will come in handy as you juggle multiple priorities in a fast-paced environment. If you’re ready to make a significant impact and drive meaningful change with your passion for improvement, we encourage you to apply and become a vital part of the Capital One family!

Frequently Asked Questions (FAQs) for Sr. Associate, Commercial Bank Accounting Role at Capital One
What are the main responsibilities of a Sr. Associate in Commercial Bank Accounting at Capital One?

As a Sr. Associate in Commercial Bank Accounting at Capital One, your core responsibilities will include performing monthly financial performance analyses for management, supporting external SEC and regulatory reporting, and ensuring that accounting practices align with corporate policies. You will also take charge of automation efforts, enhance controls, and participate in various change initiatives.

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What qualifications do I need for the Sr. Associate position in Commercial Bank Accounting at Capital One?

To qualify for the Sr. Associate position in Commercial Bank Accounting at Capital One, you will need a bachelor's degree or military experience, along with at least one year of experience in accounting, external financial reporting, or audit. Preferred qualifications include a CPA license and experience in the financial services sector or public accounting.

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What skills are essential for a Sr. Associate in Commercial Bank Accounting at Capital One?

Essential skills for a Sr. Associate in Commercial Bank Accounting at Capital One include strong analytical capabilities, problem-solving aptitude, excellent organizational skills, and effective written and verbal communication. Familiarity with tools like Google Office and Microsoft Office is also important.

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How does the Sr. Associate role in Commercial Bank Accounting at Capital One contribute to team success?

The Sr. Associate in Commercial Bank Accounting at Capital One plays a pivotal role in contributing to team success by managing multiple initiatives effectively, ensuring timely financial reporting, and improving processes through automation. Your work directly impacts operational efficiency and accuracy across the organization.

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What is the career progression for a Sr. Associate in Commercial Bank Accounting at Capital One?

A Sr. Associate in Commercial Bank Accounting at Capital One has numerous pathways for career advancement, which include moving into supervisory roles, specializing in financial analysis, or even transitioning into higher management positions such as Accounting Manager or Director of Finance based on performance and skills development.

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Common Interview Questions for Sr. Associate, Commercial Bank Accounting
Can you explain your experience in financial reporting as it relates to the Senior Associate role?

When answering, highlight relevant projects you've handled, any specific reports you've created, and the tools you used for analysis. Mention how your attention to detail and experience with compliance has prepared you for the reporting expectations at Capital One.

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How do you prioritize tasks in a fast-paced environment?

Illustrate your prioritization process, perhaps with a time management strategy you adopt. Mention how you assess deadlines and allocate your resources effectively to manage multiple projects smoothly.

Join Rise to see the full answer
What challenges have you faced in automation processes, and how did you overcome them?

Share specific examples of challenges faced, your approach to problem-solving, and how your solutions led to improved efficiencies. This shows your capability in driving change, which is crucial for the role at Capital One.

Join Rise to see the full answer
Describe a time when you had to communicate complex information to a non-financial audience.

Use this question to showcase your communication skills. Illustrate how you broke down complex financial data into understandable terms for someone outside the financial sphere, emphasizing clarity and engagement.

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What software tools do you have experience with that are relevant to the Senior Associate role?

Discuss your experience with tools like Microsoft Office, Google Office, Tableau, or any other relevant software. Specify how you've used these tools in your past roles to enhance productivity and accuracy.

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How do you handle feedback and integrate it into your work?

Explain your openness to feedback and provide examples of how you've used constructive criticism to improve your performance. This shows your commitment to personal and professional development.

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What strategies do you employ to ensure compliance with corporate policies in your work?

Share your understanding of compliance needs in accounting and illustrate with specific examples of how you’ve ensured adherence to policies in your past positions. Emphasize diligence and accuracy.

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Can you describe a successful project you were involved in that improved financial operations?

Detail a notable project, mentioning your role, the strategy implemented, and the outcome. This demonstrates your ability to think critically and contribute positively to operations.

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How do you stay updated with changes in accounting standards and regulations?

Discuss your routine for continuing education, such as attending workshops, subscribing to industry publications, or participating in professional groups, indicating your commitment to remaining at the forefront of the field.

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What motivates you to excel in the field of Commercial Bank Accounting?

Share personal and professional motivations that drive you, such as the challenge of solving financial puzzles or the satisfaction of helping a team meet its goals. This shows your passion for the role and industry.

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Work/Life Harmony
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Collaboration over Competition
Take Risks
Friends Outside of Work
Passion for Exploration
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Flex-Friendly
Some Meals Provided
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Social Gatherings
Pet Friendly
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Health Savings Account (HSA)

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran

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DATE POSTED
April 19, 2025

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