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:
PayPal seeks an experienced Senior Payroll Accountant to join the Controllership Global Payroll Accounting team supporting the APJ, EMEA, North American and Latin American region. The successful candidate will work well in a fast-paced environment, learn quickly, and possess strong payroll accounting expertise. The ability to manage relationships cross-functionally through clear communication of goals and objectives is extremely important.
Job Description:
Key Responsibilities
The successful candidate will execute and manage complex monthly close activities, including:
- Prepare account fluctuation analysis, identify key drivers, and explain monthly and quarterly activity. Maintain S4 BW account fluctuation reports.
- Reconcile payroll GL accounts including the payroll funding cash clearing account.
- Perform clearing for open item managed accounts.
- Prepare account fluctuation analysis, identify key drivers, and explain monthly and quarterly activity.
- Follow process for clearing payment activity for taxes on stock vesting and other clearing activity processed by payroll. Research offsets and how to clear where needed. Review monthly activity to ensure adherence to regular clearing.
- Monitor and assist in resolving issues with interface activity between payroll and accounting systems. This includes maintaining support for manual correction of interfaces.
- Develop a strong understanding of payroll and GL systems and processes. Maintain documentation of these systems and processes.
- Assist with research and resolution of payroll issues. Communicate and document clearly and concisely results of research or resolutions to issues.
- Assist Payroll Operations Team with changes to GL account mapping, testing, and implementation.
- Provide payroll analysis and documentation for support of audits.
- Process SAP assessments for global fringe benefits. Monitor and validate results from the fringe process.
- Record, prepare, and post numerous recurring and one-time journal entries.
- Prepare and maintain monthly global close tracker, various payroll and management reports.
- Perform various other duties in support of PayPal's business objectives.
Qualifications
Additional Responsibilities and Preferred Qualifications
- CA (India), CPA, ACCA, CIMA, or equivalent professional accounting qualification
- 10+ years of relevant accounting experience (knowledge in payroll accounting is preferred). Experience at a large, growth-focused company a plus.
- Experience in US payroll, US payroll tax compliance is preferred.
- Solid experience with S4 HANA and BW, ADP Global View and ADP Celergo is a plus.
- MS Office proficiency includes advanced Excel capabilities.
- Strong technical knowledge of payroll accounting processes and compliance requirements across North America and Latin America.
- Strong understanding of internal controls and SOX
- Familiarity with statutory, regulatory, and government reporting requirements and applicable laws across Latin America jurisdictions
- Strong attention to detail with the ability to identify process improvement opportunities
- Ability to work independently in a fast-paced, high-growth environment while managing multiple priorities
- Strong attention to detail with the ability to identify process improvement opportunities
- Ability to work independently in a fast-paced, high-growth environment while managing multiple priorities
Work Environment and Expectations
- Schedule: Standard full-time position; may require extended hours during month-end and year-end close periods (Days -6 through Day 2)
- Travel: Minimal travel
- Remote Eligibility: Hybrid arrangement available based on company policy
- Reporting Relationship: Payroll Accounting Sr Manager
Compensation And Benefits
- Competitive salary based on qualifications and experience
- Comprehensive benefits package including health insurance, 401(k) match, PTO, and stock purchase options
- Professional development and training opportunities
To Apply: Submit resume, cover letter, and references through PayPal's careers portal.
Equal Opportunity Statement: PayPal is an Equal Opportunity Employer. We celebrate diversity and a
PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.
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:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx
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 [Confidential Information].
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.
REQ ID R0135591
