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Accountant, Transaction Margin


Accountant, Transaction Margin

Accountant, Transaction Margin

PayPal
San Jose, CA 95125

Job details

Job Type

Full-time

Who we are:

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

Job Description Summary: Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 305 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo, Xoom and Honey enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies. 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. We have an exciting opportunity for a highly motivated individual to join PayPal’s TM Team. In this position, you will be responsible for the day-to-day corporate accounting operations and financial reporting activities, focusing primarily on Transaction Loss activities. This role requires an understanding of US GAAP principles, accounting operations, regulatory reporting and internal controls.

Job Description:

Duties include but may not be limited to the following:

  • Prepare journal entries and account reconciliations as part of the monthly close process
  • Monitor, analyze and review worldwide Transaction Loss activities for PayPal and its subsidiaries to ensure reported results are complete and accurate
  • Prepare and/or review reporting packages and presentation that include financial statement results fluctuation analysis that will be distributed to members of Senior Management
  • Maintain and update accounting policies, process documentation, and procedures related to Transaction Loss, as needed
  • Support internal (SoX) and external audit process by preparing and providing PBCs on a timely basis
  • Work with Data and Business Applications team to develop and implement enhanced transaction loss reporting across business units.
  • Act as a representative of the TM 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.)
  • Design business and accounting processes to improve/strengthen internal controls, analytics and reporting.
  • Drive process, control and reporting alignment across all PayPal business units to ensure consistent reporting, analysis and insights.
  • Support new product implementations from an accounting and control perspective
  • Support the Finance team in a variety of ad hoc projects and tasks

An ideal candidate for this role would possess the following skills/experience:

  • At least 5 years of accounting experience/Big 4 experience and CPA a plus
  • Thrives in a fast paced and ever-changing environment
  • Accustomed to working autonomously
  • Excellent verbal and written communication skills
  • Excellent organizational skills and ability to and multi-ask
  • Detail oriented, customer-focused, and have a reputation for getting things done
  • Comfortable working with diverse teams in multiple locations
  • SAP General Ledger system knowledge and expertise in Excel and PowerPoint an advantage

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

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.


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• Post ID: 21622956


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