Senior General Ledger Accountant in Chennai at honor foundations

Date Posted: 10/16/2024

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Chennai
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    10/16/2024

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 accountant is responsible for the review and analysis of general ledger balance sheet account reconciliations for multiple PayPal entities. Utilizing SAP and the Blackline tool, the accountant will assist in analyzing reconciling differences, root cause analysis and understanding the impact on the financial statements. The accountant will also be involved in other month end tasks within a global team

Meet our team
You will be a critical member of the Record-to-Report team that is responsible for managing various Balance Sheet activity as well as monthly reporting to management and the SEC team on a quarterly basis.

Job Description:

Your way to impact  

As a member of the Record-to-Report team, you will be a critical member of the Record-to-Report team that is responsible for reviewing and assuring our monthly reconciliations are completed timely and accurately.   This will also include reporting our monthly reconciliation statistics to management.   You will work cross-functionally with FP&A, Global Finance Operations, Global and local controllership, and other stakeholders to implement new processes, reports, and data analytics. You will present findings and recommendations to senior-level, non-technical stakeholders. 

Your day to day  

In your day-to-day role you will: 

  • Reviewing the Balance Sheet reconciliations for many Entities within blackline. 

  • Ensuring compliance of the reconciliations to PayPal’s accounting Policy 

  • Coordinating with the outsourced accounting team and PayPal general ledger team, payroll team, international controllership and many other stakeholders to effectively clear open aged balances 

  • Reporting all aged balances and action plan to remediate same 

  • Working within a global team to provide cover for other general accounting tasks as they arise 

What do you need to bring

  • Strong understanding of general ledger accounting, payroll accounting and reporting functions 

  • SAP Financial System experience, Blackline reconciliation tool or other ERP systems experience 

  • Excellent communication skills 

  • Self-motivated, high-energy individual, ability to cope with tight deadlines & teamwork is an important quality for the role 

  • Intense attention to detail and the ability to prioritize and deliver in a fast paced and dynamic environment with a high degree of personal accountability. 

  • Strong written and oral communication and interpersonal skills & fluent in English would also be an advantage 

  • Team player & ability to make decisions on own initiative 

  • Act with integrity and trust. High ethical standards and always upholding the PayPal values 

 

Basic Qualifications 

  • Demonstrate relevant accounting experience within a multinational company along with working with functional, document and local currency 

  • Experience range – 4 - 7 years  

  • Accounting Qualification and / or Degree in Accounting, Finance or equivalent experience 

  • Advanced technical skills in Microsoft Excel are necessary 

 

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

 

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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