Manager, Accounting Job at PayPal in Chicago

Overview Join to apply for the Manager, Accounting role at PayPal . Job Description Summary: This role will report directly to the Credit Controller and will be responsible for leading complex accounting areas related to PayPal’s rapidly expanding Global Consumer and Merchant loan portfolios. Key responsibilities will include: quarterly CECL allowance process, ongoing loan portfolio externalizations (ie. loan sales and securitizations), and other special projects, such as product launches, system migrations, changes in accounting policy and broader finance automation initiatives. It is a fast-paced environment that requires juggling of multiple projects with competing deadlines. Highly automated Accounting environment with multiple loan servicing systems, as well as other supporting systems, which adds unique operational complexities and requires a focus on streamlining and automation solutions to ensure scalability. This role will ensure accurate financial information in line with US GAAP and IFRS (as applicable), review all Credit related SEC reporting, manage audits, and partner with cross functional business leaders, serving as a key point of contact. Strong leadership, technical expertise, and attention to detail are essential. Essential Responsibilities Cross functional teams across PayPal, include: FP&A, Capital Markets, Credit Risk, Data Analytics, System Platform, Corporate Accounting, Treasury, Accounting Policy, SEC Reporting, SOX, etc. Partnership with Capital Markets team (and greater Credit FP&A team) which are based in NYC is a critical function of this role. Note: Credit business partners/leaders are primarily based on the East Coast, across the Tri-State area. Oversee quarterly CECL Allowance process. This is a key focus area with a high level of scrutiny due to subjectivity and materiality of the estimate. Quarterly process includes heavy partnership with Credit Risk and Credit Finance to align on reserve estimates and ultimately present a detailed deck to leadership. Review complex journal entries and ensure the accuracy of information through well-documented workpapers. Proactively identify, communicate, and resolve any issues or reconciling items. Work with a high degree of initiative to identify and recommend process improvement opportunities through automation to ensure all processes are scalable for Credit business’ rapid expansion. Develop and improve internal process documentation. Ability to analyze and walkthrough new or existing accounting processes from beginning to end and outline journal entries. Collaborate with the other managers on the team for specific projects and oversight of day-to-day team operations. Partner with PayPal business leaders and wider PayPal finance organization on accounting and reporting matters Drive accounting support within finance transformation work programs and other process enhancements Provide accounting expertise and leadership to finance and business organizations Consult with business partners regularly to ensure awareness of significant transactions and potential accounting impact Minimum Qualifications 12+ years of Audit/Accounting experience: Minimum 5 years required at a Big Four public accounting firm. Experience in Credit or Banking industry is required. CPA required Compensation and Benefits PayPal is committed to fair and equitable compensation practices. Actual compensation is based on factors including work location, relevant skills and experience. The total compensation for this role may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com. The U.S. national annual pay range for this role is $100,500 to $173,250. 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 and Inclusion Our Benefits: At PayPal, we’re committed to building an equitable and inclusive global economy. We offer benefits to help you thrive in every stage of life, 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 Belonging at PayPal: We strive to create an environment where everyone can do their best work with a sense of purpose and belonging. PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, disability, race, religion, gender, sexual orientation, gender identity, or any other characteristic protected by law. Reasonable accommodations are available. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com. Notice to Applicants and Employees who reside within New York City: view the notice at https://careers.pypl.com/Contact-Us/default.aspx REQ ID R0127783 #J-18808-Ljbffr