Accounting Manager
PayPal Inc.

Job Info

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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
• Oversee the end-to-end revenue recognition process, ensuring compliance with ASC 606 and PayPal's accounting policies.
• Review standard customer contracts to ensure appropriate revenue recognition treatment and accurate recording of revenue transactions. Work with technical accounting team to identify contracts that require technical accounting analysis
• Prepare and present reporting packages and presentation that include financial statement results fluctuation analysis that will be distributed to members of Senior Management
• Support revenue related disclosures and schedules associated with SEC filing
• Maintain and update comprehensive accounting policies, process documentation, and procedures related to Transaction margin
• Partner with finance, operations, and product teams to understand transaction flows, new product implementations, ensuring alignment in financial reporting.
• Identify opportunities for process improvements in revenue recognition and financial reporting. Lead initiatives to drive efficiency and accuracy in daily, monthly and quarterly revenue 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
• Strong understanding of US GAAP and familiarity with financial reporting and analysis.
• Experience with revenue accounting and deep understanding of ASC 606, Revenue from contracts with customers, preferred
• Excellent analytical, problem-solving, and organizational skills, with a keen attention to detail.
• Proficiency in Microsoft Excel and Microsoft power point
• Strong communication and interpersonal skills, with the ability to collaborate effectively across departments.
• Ability to work independently and manage multiple priorities in a fast-paced environment.
• Comfortable working with diverse teams in multiple locations
• Experience with ERP systems such as SAP General Ledger system, Salesforce would be an advantage

Additional Job Description:

Subsidiary:
PayPal

Travel Percent:
0

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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
$64000 to $156750

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.

Our Benefits:

At PayPal, we're committed to building an equitable and inclusive global economy. And we can't do this without our most important asset-you. That's why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

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 talentaccommodations@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.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.

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