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:

The Senior Accountant is responsible for the preparation and analysis of general ledger account reconciliations for multiple PayPal products. The Senior Accountant will assist in analyzing reconciling differences, root cause analysis and understanding the impact on the financial statements. The Senior Accountant will also be involved in the testing and implementation of new products and processes.

Job Description:

Responsibilities include:

• Timely and effective reconciliation of all assigned General Ledger accounts, including timely and accurate clearing of reconciling items in accordance with Company Policy.  Ensure accurate posting of general ledger entries in SAP and customer accounts.

• Works independently to research, track and timely resolve outstanding reconciling items and related issues.  Able to apply advanced research techniques to accurately identify the source of the reconciling items.  Communicate with internal resources and/or processors to escalate and resolve these differences. 

• Work directly with Global Finance Product (GFP) team on the resolution of product design or process flaws, system bugs or other operational issues adversely impacting accounting processes.  Assist with new product launches and market expansions that impact accounting processes, including participation in UAT (User Acceptance Testing). 

• Works with a high degree of initiative to identify and recommend process improvement opportunities in the areas of reporting, reconciliation and analysis.

• Assist with or be responsible for other duties and ad hoc projects as assigned.

• Perform at a “Getting Results” or “Among the Best” level for all specific duties outlined above.

• Demonstrate a solid understanding of PayPal’s business products, transactions, systems and related accounting process flows. Understand the accounting implications from the transaction level, to the reconciliation level and then up to the general ledger of various money movement accounts.

• Maintain the highest level of teamwork, by incorporating a positive attitude, being supportive in words and actions, embodying the core values of PayPal and communicating appropriately with all levels both within the existing team & anyone outside the direct reporting structure.

• Maintain a high level of commitment, which includes more than just performing accountabilities, as assigned.  This includes requesting additional responsibilities, volunteering for special projects, identifying oneself as a go-to individual, displaying flexibility with change and a passion for the product and company.

Education

• Bachelors Degree in Accounting or Finance required

Experience

• 4+  years relevant work experience in accounting operations required, including experience in high volume, complex general ledger reconciliations preferred

• 4+ years of relevant financial statement preparation and analysis experience preferred

• Proficient in Microsoft Office products, primarily Excel (intermediate level of expertise working with Excel pivot tables, v-lookup and filters strongly desired)

• Experience with top tier ERP systems preferred. Experience with other external systems and software a plus (reconciliations, data warehouse, etc.)

• Previous SAP experience a plus

• Financial institution or payments industry experience a plus

Knowledge, Skills, and Abilities

• Strong analytical research , problem solving and analytical thinking skills;

• Proficient accounting skills. Able to identify appropriately debits and credits and accurately prepare and understand journal entries and how transactions impact account balances (i.e. increase, decrease, etc.). 

• Strong attention to detail and organizational skills, with the ability to manage a variety of primary duties as well as actively contribute to new projects.

• Well-developed sense of urgency and follow through

• Energy and desire to thrive in a fast-paced organization; ability to handle multiple projects under pressure and maintain a positive attitude. 

• Strong communication skills - including ability to listen to the needs of others, comprehend complex matters, articulate issues in a clear and concise manner, and present findings as well as recommendations in both oral and written presentations to all levels in the organization.

• Ability to learn and adapt to product flows and new software technologies. 

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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