Senior Director, Accounting Operations

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:

• This role will be responsible for PayPal’s accounting operations team. You will be responsible for driving accounting process improvements, ensuring best practices and driving effective governance across the entire accounting organization including third party outsourcers.
• You will evaluate and update operational policies, continue to build a strong team to support PayPal’s record to report function and enhance standardization and automation in core processes.
• This role reports directly to the Chief Accounting Officer (CAO). You will build out a team (size to be determined) in our key accounting service delivery centers that can scale in a cost-effective manner while supporting PayPal’s business as it continues to grow.
• The CAO team has global responsibility for accounting and external reporting. This role will across the CAO organization to maintain operational policies and procedures, drive reporting and governance and scale the record to report accounting team to support PayPal’s business.

Job Description:

·You will set the standard for accounting operations execution, ensuring journal entry quality, policy governance and compliance and controls while driving process standardization and automation across the CAO organization.

·You will work closely with key stakeholders across the PayPal enterprise to action process improvements.

In your day-to-day role you will

• Manage an existing Americas and Asia Pacific based team of approximately 15 individuals.
• Oversee the work of approximately 75 third-party outsourced employees responsible for the accounting close process, account reconciliations and the enhancement of reporting and governance activities.
• Perform regular third-party performance reviews to ensure compliance with contractual service level agreements and key performance indicators.
• Partner with third-party and internal stakeholders on close and reporting process improvements.
• Collaborate with the broader accounting and finance teams to increase standardization and automation in current processes.

• Identify, prioritize and assist with implementing automation and AI tools to simplify and enhance our accounting processes.
• Drive best practices for key global accounting operational processes, including: journal entries, account reconciliations, balance sheet review procedures, etc.
• Responsible for the global intercompany process, including accounting, settlement, reconciliation and audit support across PayPal’s legal entities.
• Overall ownership and oversight of the general ledger close process, close calendar, and accounting for prepaids, fixed assets, leases and intangibles.
• Maintain appropriate internal controls for all relevant areas and partner closely with financial controls team, SOX team and external auditors during control review and testing.
• Work with finance, IT and operations teams as necessary on system implementations, including the definition of requirements and user acceptance testing and sign-off.
• Stay apprised of all new SOX compliance guidelines and new accounting guidance.
• Act as India site leader for the global finance team.

• Minimum 15 years of accounting experience driving
• Previous experience leading high performing teams
• Previous experience driving results in a global organization
• CPA active or inactive required
• Experience analyzing business processes and identifying areas for optimization and automation.
• Flexibility to manage multiple high priority projects and re-prioritize critical issues, as necessary.
• BS/BA in Business, Accounting, or similar

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.