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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.
Job Description Summary: The Accountant 3 is responsible for the preparation and analysis of general ledger account reconciliations for multiple PayPal products. Utilizing the PayPal Financial systems (PFIT), the Accountant 3 will assist in analyzing reconciling differences, root cause analysis and understanding the impact on the financial statements. The Accountant 3 will also be involved in the testing and implementation of new products and processes.
Job Description:
SPECIFIC DUTIES
Timely and effective reconciliation of all assigned General Ledger accounts, including timely and accurate clearing of reconciling items in accordance with Company Policy. Ensure accurate posting of general ledger entries in SAP and customer accounts.
Works independently to research, track and timely resolve outstanding reconciling items and related issues. Able to apply advanced research techniques to accurately identify the source of the reconciling items. Communicate with internal resources and/or processors to escalate and resolve these differences.
Work directly with Global Product and Support teams on the resolution of product design or process flaws, system bugs or other operational issues adversely impacting accounting processes. Assist with new product launches and market expansions that impact accounting processes, including participation in UAT (User Acceptance Testing).
Works with a high degree of initiative to identify and recommend process improvement opportunities in the areas of reporting, reconciliation and analysis.
Assist with or be responsible for other duties and ad hoc projects as assigned.
REQUIRED PERFORMANCE
Perform at a high degree of engagement and effectiveness for all specific duties outlined above.
Demonstrate a solid understanding of PayPal’s business products, transactions, systems and related accounting process flows. Understand the accounting implications from the transaction level, to the reconciliation level and then up to the general ledger of various money movement accounts.
Maintain the highest level of teamwork, by incorporating a positive attitude, being supportive in words and actions, embodying the core values of PayPal and communicating appropriately with all levels both within the existing team & anyone outside the direct reporting structure.
Maintain a high level of commitment, which includes more than just performing accountabilities, as assigned. This includes requesting additional responsibilities, volunteering for special projects, identifying oneself as a go-to individual, displaying flexibility with change and a passion for the product and company.
Experience
4 years relevant work experience in accounting operations required, including experience in high volume, complex general ledger reconciliations preferred
4 years of relevant financial statement preparation and analysis experience preferred
Proficient in Microsoft Office products, primarily Excel (intermediate level of expertise working with Excel pivot tables, v-lookup and filters strongly desired)
Experience with top tier ERP systems preferred. Experience with other external systems and software a plus (reconciliations, data warehouse, etc.)
Previous cash and bank system configuration and reconciliation experience a plus
Previous SAP experience a plus
Financial institution or payments industry experience a plus
Knowledge, Skills, and Abilities
Bachelors Degree in Accounting or Finance required
Strong analytical research, problem solving and analytical thinking skills.
Proficient accounting skills. Able to identify appropriately debits and credits and accurately prepare and understand journal entries and how transactions impact account balances (i.e. increase, decrease, etc.).
Strong attention to detail and organizational skills, with the ability to manage a variety of primary duties as well as actively contribute to new projects.
Well-developed sense of urgency and follow through
Energy and desire to thrive in a fast-paced organization; ability to handle multiple projects under pressure and maintain a positive attitude.
Strong communication skills - including ability to listen to the needs of others, comprehend complex matters, articulate issues in a clear and concise manner, and present findings as well as recommendations in both oral and written presentations to all levels in the organization.
Ability to learn and adapt to product flows and new software technologies.
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
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.
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 paypalglobaltalentacquisition@paypal.com.
As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.
Full Time
$69k-85k (estimate)
05/26/2024
07/24/2024
paypal.com
CUPERTINO, CA
15,000 - 50,000
1998
Public
SRINIVAS VADHRI
$10B - $50B
PayPal is a California-based online payments system to send or receive money or to set up a merchant account.
The job skills required for Accountant 3 include Accounting, General Ledger, Analysis, Financial Statements, Microsoft Office, Account Reconciliation, etc. Having related job skills and expertise will give you an advantage when applying to be an Accountant 3. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Accountant 3. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Accountant 3 positions, which can be used as a reference in future career path planning. As an Accountant 3, it can be promoted into senior positions as a Bookkeeping Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Accountant 3. You can explore the career advancement for an Accountant 3 below and select your interested title to get hiring information.
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