Senior Associate, Accounts Payable & Accounts Receivable

Capital One • McLean, VA

1d

About The Position

Senior Associate, Accounts Payable & Accounts Receivable Capital One Travel 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.

Requirements

• Bachelor's Degree or military experience
• At least 2 years of experience in Accounting or Risk Management or Finance or a combination

Nice To Haves

• 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
• Prior experience in business process mapping and re-engineering
• A proven track record of translating ambiguous business questions into a structured analytical plan and executing it with a high degree of independence
• Strong understanding of accounting principles and experience with multinational entities, multi-currency transactions, and intercompany flows.
• High comfort with large datasets; strong analytical skills to identify trends, root causes, and scalable solutions.
• 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
• Proficiency in SQL, and previous experience with Python or another scripting language
• Experience using programming or automation tools to streamline data and processes.
• Experience in a fast-paced, high-growth environment where you've had to build processes from the ground up.

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
• 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.
• Ensure compliance with relevant statutory requirements.
• 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.
• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees