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The Director of Accounting Policy will partner closely with Finance and Business leaders in our Credit Card, Commercial and Consumer Banking lines of business, collaborating on priorities and recommending optimal accounting treatment that supports our financial strategies while ensuring full compliance with US GAAP and regulatory expectations. In addition to forging productive partnerships within the organization, the successful Director will foster an external network of productive relationships including external auditors, regulators, industry peers and trade groups to ground accounting conclusions and advocate for Capital One’s views on emerging accounting topics. A key element of success will be directing and developing a team of up to 5 associates. The Director must have a willingness to travel within Capital One’s Corporate Office footprint, primarily between Richmond and McLean, VA.
Job Responsibility:
Partner with Business leads and Controller leadership to assess overall strategies and determine how accounting rules impact business decisions, while anticipating issues and obstacles
Lead well managed and controlled activities over operational process that require high level of accounting judgement, including the Company’s impairment testing of Goodwill and consolidation analyses
Monitoring accounting standard updates and regulator interpretations of accounting
Foster a collaborative network amongst peer institutions
Communicate complex matters in a simple way to Controller and other business leaders
Identify and drive opportunities to centralize, eliminate, automate or outsource activities in a scalable, sustainable and standardized manner
Research accounting issues, prepare write-ups and drive results
draft and/or review financial reporting documentation and regulatory filings for accuracy. Ensure compliance with IFRS, US GAAP, SEC regulations and other regulatory guidance
Partner with project management and business partner teams, to design and implement new business product / program initiatives and processes
Deliver internal audit reviews and SOX compliance
Supervise and coordinate work assignments amongst a team of around 5 people
Provide timely feedback to team
Display a passion for coaching and developing a team of associates through their leadership style
Strong written and oral communication skills
Requirements:
Bachelor’s Degree or military experience
At least 10 years of accounting experience
At least 3 years of experience in Public Accounting, Treasury Accounting, Accounting Policy, OR a combination
Nice to have:
12+ years of accounting experience
Certified Public Accountant (CPA) certification
5+ years of experience in Public Accounting, Treasury Accounting, Accounting Policy, or a combination
5+ years of experience with FASB, EITF, OCC, SEC, IASB, or a combination
What we offer:
performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI)
comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being