Manager Controllership, India in Mumbai at honor foundations

Date Posted: 10/29/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Mumbai
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/29/2024

Job Description

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:

What you need to know about the role

The Finance Manager is a key member of the International Controllership team, responsible for maintaining and driving controllership rigor and discipline and ensuring statutory and regulatory compliance for India and other APAC entities in the international region. to support business growth in the APAC markets.

Meet our team
This role reports to the Finance Manager, Controller and is based in Mumbai, India. This position will work closely with regional finance stakeholders in tax, treasury, and Accounting COE for setting up and running controllership governance processes.

Job Description:

Your way to impact

  • Playing the role of a key stakeholder providing inputs during the build phase.

  • Ensuring sustainable processes and controls are setup to support new product introduction in local markets.

  • Playing a key role in the GEM – Entity Management team to ensure new regulations and changes are incorporated and operationalized in a timely manner to support growth

Your day to day

In your day to day role you will perform the below activities -
Accounting and Financial governance

  • Preparation of monthly financial reports and analytics to support a structured risk-based monthly financial review

  • Work closely with shared services team to ensure transactions are recorded in compliance with US GAAP, IND AS & IFRS

  • Ensure regular review of account reconciliations including follow up and closure of open items

  • Prepare statutory financial statements and ensure timely completion of statutory audits

  • Ensure compliance with local tax, regulatory and compliance reporting requirements

  • Review business processes to improve/ strengthen internal controls and track remediation of control deficiencies.

What do you need to bring-

  • Bachelor’s degree in accounting from an accredited university

  • CA qualification

  • Strong knowledge of IND AS and IFRS, communication and presentation skills.

  • 6-8 years of relevant experience in accounting

  • Experience with audit procedures and SOX compliance requirements

  • Ability to proficiently use Microsoft Office software tools, especially advanced MS excel skills

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

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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