Senior Associate, Accounting, AP & AR
Capital One is seeking a solution-oriented, detail-driven, and self-motivated Accounts Payable (AP) & Accounts Receivable (AR) Senior Associate to support the rapid growth of our travel business. The ideal candidate thrives in a fast-paced environment, enjoys building structure around complexity, and consistently raises the bar on accuracy, efficiency, and internal controls.
We are not looking for an AP/AR expert, although prior experience here is a plus. We are instead focused on finding someone who can map out the existing processes, identify areas for optimization and automation, build and implement technical solutions to optimize workflows.
Accounts Payable & Accounts Receivable Responsibilities:
- Map current processes and identify areas for optimization
- Build and implement automation solutions, leveraging SQL / Python or other coding languages as well as third party resources where relevant
- Ensure all transactions are recorded in accordance with GAAP, and support quarterly/annual financial audits.
- Devise and implement tracking systems that seamlessly integrate with the rest of our Finance Operations
Accounts Payable (AP) Responsibilities
Manage invoice intake, validation, and processing using Coupa Pay and TransferMate (or equivalent solutions), ensuring timely and accurate payments.
Ensure proper approval routing by:
- Leveraging Finance reconciliation outputs and dispute engines to resolve discrepancies.
- Coordinating with the relevant business owners for final approval/validation when required.
Maintain and improve system approval flows, GL default settings, and automated invoice batches pushed to the ERP.
Support onboarding of new suppliers, including:
- Setting up vendors in Coupa
- Collecting required tax documentation (W9, W8)
- Ensuring appropriate GL coding, tax profiles, and approval hierarchies.
Manage communication with suppliers regarding invoice status, Coupa set ups, and general AP inquiries.
Create and manage payment batches in Coupa (or equivalent systems) to ensure timely payment of suppliers.
Ensure compliance with relevant statutory requirements.
Accounts Receivable (AR) Responsibilities
- Support invoicing workflows for Luxury Hotel Collection partners, using internal tools for invoice generation.
- Support AR collections using Onyx or other applicable payment solutions.
- Monitor AR aging reports, escalate overdue receivables, and collaborate with stakeholders to ensure timely collections and dispute resolution.
- Ensure accurate cash application and reconciliation of receipts.
Cross-Functional Collaboration & Process Improvement
- Partner with Finance, Operations, Product, and Business teams to streamline processes and resolve issues impacting AP and AR.
- Identify and execute on automation opportunities to maximize efficiency and reduce manual touchpoints.
- Benchmark AP/AR performance and drive initiatives that improve speed, quality, and scalability.
- Contribute to building and improving SOX-compliant processes and controls.
Basic Qualifications:
- Bachelor's Degree or military experience
- At least 2 years of experience in Accounting or Risk Management or Finance or a combination
Preferred Qualifications:
- Bachelor’s Degree in Accounting, Business, Finance, Economics, Statistics, or a quantitative field
- 3+ years of experience in Accounting or Risk Management or Finance or a combination
- 1+ years of experience in an analytical position investigating complex data issues and building scalable solutions.
- Prior experience in Accounts Payable and Accounts Receivable
- Strong written and communication skills
- Strong understanding of accounting principles and experience with multinational entities, multi-currency transactions, and intercompany flows.
- Demonstrated ability to work autonomously, solve ambiguous problems, and improve processes from the ground up.
- Experience with Coupa, Coupa Pay, or similar procurement system (SOX environment experience is a plus).
- Previous Travel or technology industry experience
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: $96,500 - $110,100 for Sr. Associate, Accounting
Richmond, VA: $87,700 - $100,100 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 (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. 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
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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).