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:
Job Description:
Your way to impact:
Work closely with the business as well as other finance team members for forecasting, month end close activities including accrual JE, reporting and budget process.
Assist in monthly reporting, variance analysis (Actual Vs. Foreca
st Vs. Budget) and ad hoc deep dive analysis relating to marketing expenses.
Work with business, budget owners and other financial analysts to build business cases and set up processes to manage marketing program funds.
Assist in process improvements using reporting and planning tools.
Develop an understanding of the business strategic priorities, resource and marketing needs; collaborate with them to execute and improve financial planning and budgeting.
Identify trends, anticipate needs, and gather business requirements to support an evolving planning and management reporting function that meets the needs of the users.
Process cost center creation and changes, movement of cost center hierarchies.
Review prepaid schedule and ensure appropriate and timely amortization.
Assist with month-end close and reporting activities. Book accrual and cross charge JE’s accurately and on time.
Run reports and assist with monthly actuals-to-forecast variance analysis. Distribute details to Business and Finance partners.
Monitor expense, plan vs actual, and provide analysis/recommendation for business partners and Finance team.
Ensure strict adherence to corporate policies and GAAP regulations
Ad-hoc analysis & projects as needed to support business needs
Work autonomously but in collaboration with teammates and business partners.
What do you need to bring-
The shift time for this role is 4pm IST to 1am IST.
4-6 years of relevant experience in Finance, Accounting, Consulting at a highly matrixed company.
Bachelor’s degree in Commerce, Economics, Finance, Accounting, or other related fields.
CA qualification good to have and preferred.
Strong experience of planning, forecasting, budgeting, variance analysis, and basic accounting concepts.
Hands on experience in MS-Excel.
Excellent written and oral communication skills combined with the ability to meet tight deadlines and prioritize workloads.
A self-starter with a positive attitude and ability to work in a fast-paced environment.
Highly motivated, curious, detail oriented, and self-aware.
Ability to develop and maintain complex financial models.
Preferred Skills:
Highly organized
Excellent Communication skills
Knowledge of SAP, BW
Ability to manage the details as well as the big picture
Ability to work well within a team structure
Proven ability to collaborate with many constituents and take a directed set of needs into an executable plan of deliverables
Additional Job Description:
Subsidiary:
Travel Percent:
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.