Director, Accounting Policy

Company: Discover Financial Services
Location: Richmond
Posted on: March 7, 2026

Job Description:

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. Responsibilities: 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 Basic Qualifications: 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 Preferred Qualifications: 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 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: $206,000 - $235,100 for Director, Accounting Richmond, VA: $187,300 - $213,700 for Director, 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 Ones 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).

Keywords: Discover Financial Services, Centreville , Director, Accounting Policy, Accounting, Auditing , Richmond, Virginia