PayPal
Manager, Accounting 1
PayPal, San Jose, California, United States, 95199
The Company
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.
Job Description Summary:
We have an exciting opportunity for a highly motivated individual to join PayPal’s Transaction Margin Team. In this position, you will be responsible for the day-to-day corporate accounting operations and financial reporting activities. This role requires an understanding of US GAAP principles, accounting operations, regulatory reporting and internal controls. The Transaction Margin (“TM”) Accounting team plays a pivotal role in supporting PayPal’s activity, ensuring that we can consolidate and ultimately integrate our business units in an efficient, well controlled manner.
Job Description:
In your day-to-day role you will:
Plan, perform and review monthly and quarterly close activities, including journal entries, balance sheet reconciliations, flux analysis and analytical reviews
Monitor, analyze and review worldwide Transaction margin activities for PayPal and its subsidiaries to ensure reported results are complete and accurate
Prepare and present reporting packages and presentations that include financial statement results fluctuation analysis that will be distributed to members of Senior Management
Maintain and update accounting policies, process documentation, and procedures related to Transaction margin as needed
Partner with finance, operations, and product teams to understand transaction flows, new product implementations, ensuring alignment in financial reporting.
Identify opportunities and champion process improvement efforts to drive efficiency and effectiveness within the Transaction margin process. Partner with cross-functional teams to enhance the internal control environment and simplify and streamline end-to-end processes
Ensure that all processes adhere to SOX compliance standards and that strong internal controls are in place and followed. Drive improvements in processes to enhance financial reporting accuracy.
Assist with internal and external audits by preparing and providing required documentation and explanations on a timely basis
Act as a representative of the Transaction Margin Team and proactively engage with a cross-functional stakeholder team for global reporting across key stakeholders within Finance (PMO teams, Accounting Policy, Tax, Corporate Controllership, Financial Operations, International Controllership, Finance Systems Team, etc.)
Support the Finance team in a variety of ad hoc projects and tasks
What do you need to bring:
Bachelor’s degree in Accounting, Finance or a related field, CPA designation or equivalent
5+ years of relevant accounting and finance experiences; “Big 4” public accounting experience preferred
Proficient in US GAAP and relevant accounting and financial reporting matters.
Accustomed to working autonomously
Excellent verbal and written communication skills
Excellent organizational skills and ability to multi-task
Detail oriented, customer-focused, and have a reputation for getting things done
Comfortable working with diverse teams in multiple locations
SAP General Ledger system knowledge and expertise in Excel and PowerPoint an advantage
Compensation and Benefits:
PayPal is committed to fair and equitable compensation practices. Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience. The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit
https://www.paypalbenefits.com .
The U.S. national annual pay range for this role is $64,000 to $156,750.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Commitment to Diversity and Inclusion:
PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
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PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.
Job Description Summary:
We have an exciting opportunity for a highly motivated individual to join PayPal’s Transaction Margin Team. In this position, you will be responsible for the day-to-day corporate accounting operations and financial reporting activities. This role requires an understanding of US GAAP principles, accounting operations, regulatory reporting and internal controls. The Transaction Margin (“TM”) Accounting team plays a pivotal role in supporting PayPal’s activity, ensuring that we can consolidate and ultimately integrate our business units in an efficient, well controlled manner.
Job Description:
In your day-to-day role you will:
Plan, perform and review monthly and quarterly close activities, including journal entries, balance sheet reconciliations, flux analysis and analytical reviews
Monitor, analyze and review worldwide Transaction margin activities for PayPal and its subsidiaries to ensure reported results are complete and accurate
Prepare and present reporting packages and presentations that include financial statement results fluctuation analysis that will be distributed to members of Senior Management
Maintain and update accounting policies, process documentation, and procedures related to Transaction margin as needed
Partner with finance, operations, and product teams to understand transaction flows, new product implementations, ensuring alignment in financial reporting.
Identify opportunities and champion process improvement efforts to drive efficiency and effectiveness within the Transaction margin process. Partner with cross-functional teams to enhance the internal control environment and simplify and streamline end-to-end processes
Ensure that all processes adhere to SOX compliance standards and that strong internal controls are in place and followed. Drive improvements in processes to enhance financial reporting accuracy.
Assist with internal and external audits by preparing and providing required documentation and explanations on a timely basis
Act as a representative of the Transaction Margin Team and proactively engage with a cross-functional stakeholder team for global reporting across key stakeholders within Finance (PMO teams, Accounting Policy, Tax, Corporate Controllership, Financial Operations, International Controllership, Finance Systems Team, etc.)
Support the Finance team in a variety of ad hoc projects and tasks
What do you need to bring:
Bachelor’s degree in Accounting, Finance or a related field, CPA designation or equivalent
5+ years of relevant accounting and finance experiences; “Big 4” public accounting experience preferred
Proficient in US GAAP and relevant accounting and financial reporting matters.
Accustomed to working autonomously
Excellent verbal and written communication skills
Excellent organizational skills and ability to multi-task
Detail oriented, customer-focused, and have a reputation for getting things done
Comfortable working with diverse teams in multiple locations
SAP General Ledger system knowledge and expertise in Excel and PowerPoint an advantage
Compensation and Benefits:
PayPal is committed to fair and equitable compensation practices. Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience. The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit
https://www.paypalbenefits.com .
The U.S. national annual pay range for this role is $64,000 to $156,750.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Commitment to Diversity and Inclusion:
PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
#J-18808-Ljbffr