Principal Associate, Commercial Accounting

Discover Financial
Richmond, Virginia, Wilmington
Workplace: OnsiteFull timeUSD 109,900 - 125,400 annuallyFunction: Finance & AccountingExperience: 3+ yearsEducation: bachelorsSkills: ["Written communication","Verbal communication","Analytical skills","Problem solving","Organizational skills"]

Support the Controllers Group with accounting execution, financial analysis, and process improvements for Low-Income Housing Tax Credit (LIHTC) and Alternative Energy equity investments. Prepare and review journal entries, reconciliations, analytics, and external Securities and Exchange Commission and regulatory reporting. Partner with business teams to assess initiatives’ impacts, respond to finance and auditor requests, communicate findings and risks to leadership, and collaborate on cross-functional projects including technology/data transformation.

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Discover Financial
Discover Financial
3 days ago

Principal Associate, Commercial Accounting

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Job Summary

Support the Controllers Group with accounting execution, financial analysis, and process improvements for Low-Income Housing Tax Credit (LIHTC) and Alternative Energy equity investments. Prepare and review journal entries, reconciliations, analytics, and external Securities and Exchange Commission and regulatory reporting. Partner with business teams to assess initiatives’ impacts, respond to finance and auditor requests, communicate findings and risks to leadership, and collaborate on cross-functional projects including technology/data transformation.
Location: Richmond, Virginia, Wilmington
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Prepare and review accounting activities including journal entries, reconciliations, and analytics, and support external SEC and regulatory reporting.
  • •Serve as a primary point of contact for business partners on tax credit investment product offerings and assess impacts on existing processes, including VIE/consolidation reporting.
  • •Respond to requests from Finance, Controllers group partners, operations teams, and internal/external auditors.
  • •Present results, findings, risks, and recommendations to leadership and stakeholders.
  • •Contribute to process improvement and participate in corporate initiatives such as technology and data transformation and business/process projects.

Pay and Benefits

Salary: USD 109,900 - 125,400 annually

Key Requirements

  • •Bachelor’s degree or military experience.
  • •At least 3 years of experience in accounting, external financial reporting, audit, finance, or a combination.
  • •At least 2 years of experience with Google Office or Microsoft Office products, or a combination.
  • •CPA license (preferred).
  • •5+ years of experience in accounting, external financial reporting, audit, or finance (preferred).
Experience:3+ years
Education:Bachelor's
Skills:Written communicationVerbal communicationAnalytical skillsProblem solvingOrganizational skills
Certifications:Certified Public Accountant (CPA)
Tech Stack:Google OfficeMicrosoft OfficeLIHTC

Eligibility

Work Authorization:Authorization required. Sponsorship not provided.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn