Senior Accountant – PayPal Giving Fund in London at honor foundations

Date Posted: 9/12/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    London
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/12/2024

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:

Reporting to the PayPal Giving Fund’s UK & Ireland Financial Controller, you will be responsible for the monitoring and reporting of financial data and processing of payouts for benefitting charities.

Job Description:

Meet the team:

PayPal Giving Fund (PPGF) aims to inspire a new wave of philanthropy, harnessing the power of technology to make giving part of everyday life. We pursue this vision by developing innovative programs that introduce charitable giving in relevant and engaging ways to new audiences. Through our partnerships with leading internet businesses such as PayPal, GoFundMe, Meta, Twitch and others, we make it easy for donors to support the charities they care about on the websites and apps they use every day.

PPGF UK is part of a network of 5 charities including charities in the US, Canada, Australia & Ireland.

Your way to impact

PPGF support the non-profit sector and has granted $3bn of donations through to charities around the world.

You will be part of an inclusive and passionate 20 plus global team collaborating with a number of PayPal functions to fulfil PPGF’s mission statement.

Through your support to the Financial Controller, you will help manage the smooth granting of find to benefitting charities across the UK .

Your day to day

  • You will own the financial management of the revenue stream for PPGF UK, through managing and reconciling the revenue receipts through to granting donations to charities.
  • You will Prepare monthly reports including P&L, balance sheet and cashflows for reporting to the leadership team.
  • Overseeing payment processing, including running monthly payout reports and reconciling to banking providers.
  • Reconcile revenue and grants each month, identifying and correcting any discrepancies.
  • Monthly management of operational expenses including correct allocation of invoices, identifying recharges to group charities, and ensuring timely payments.
  • Timely reconciliations and monitoring bank balances and implementing transfers when required.
  • Gift -aid – run monthly gift aid reports, reviewing and refining the data and upload to HMRC website.
  • You will own accounting responses to customer support tickets and escalations, researching issues completely, making necessary accounting entries and payouts, and closing out tickets within agreed upon service level agreements.
  • Suggesting, planning, and helping to implement process improvements and automation in order to reduce manual effort and potential for human error.

What you need to bring

  • Educated to degree level and proactively studying towards a further accounting qualification.
  • Experience working in key accounting function in a business managing transactions at volume.
  • Strong knowledge of accounting principles and practices
  • Strong organisation and time management skills with the ability to manage work effectively and with limited guidance.
  • Methodical and adaptable approach
  • Ability to analyse financial data, prepare financial reports and statements as well as having proficient MS knowledge specifically Excel skills including VLOOKUP and pivot table.
  • Ability to interrogate and reconcile financial data.
  • Experience with automated financial and accounting reporting systems.
  • Proficient with variety of computer software systems that support accounting and finance functions; familiarity with SAP would be beneficial.



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 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.

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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