Sr. Accountant, Securitization

PayPal Inc.; Chicago (IL); On-site; USD 89,000 - 128,000; Full time

Benefits offered by this job

Healthcare coverage for you and family

Generous paid time off

Financial security resources

Job summary

PayPal is seeking an experienced accounting professional to initiate and oversee local GAAP processes, monitor close activities, and ensure regulatory compliance. You will prepare reconciliations and monthly analytics, support audits, and contribute to quarterly certifications.

Ideal candidates have 3+ years of accounting experience, a Bachelor’s in accounting or finance, and strong Excel skills. CPA preferred and attention to detail are essential for success at PayPal.

Qualifications

• 3+ years relevant accounting experience with GAAP.
• Bachelor's degree in Accounting or Finance required or equivalent experience.
• CPA preferred; strong accounting background advantageous.
• Highly proficient in Excel for analytics and reporting.

Responsibilities

• Initiate accounting processes to ensure financial statements meet local GAAP
• Monitor closing process and post journal entries for adjustments
• Support local and global regulatory obligations
• Drive process control rigor for quarterly financial certifications
• Implement monthly financial reports and analytics for risk reviews
• Prepare statutory financial statements and support audits
• Coordinate month-, quarter-, and year-end close activities
• Review journal entries, reconciliations, roll-forwards, and packs

Skills

Attention to detail

Analytical skills

Financial controls

Education

Bachelor's degree in Accounting or Finance

Certified Public Accountant

Tools

Excel

Job description

The CompanyPayPal 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 Summary

This job initiates accounting processes to ensure financial statements meet local GAAP and monitor the closing process, posting journal entries for necessary adjustments. You'll meet statutory requirements for regulatory reports, external audits, and may participate in the preparation of financial statements. Additionally, you'll support the organization in meeting local and global regulatory obligations, prepare annual reconciliations between local GAAP and IFRS, and drive process control rigor to support quarterly financial certifications.

Job Description

Essential Responsibilities

• Initiate accounting processes to ensure financial statements meet local GAAP
• Monitor the accounting closing process and post journal entries for any required adjustments in the local ledger
• Support the organization in meeting local and global regulatory obligations
• Drive process control rigor to support quarterly certification on financials
• Implement monthly financial reports and analytics to support structured risk-based monthly financial reviews
• Implement statutory financial statements and ensure timely completion of statutory audits
• Facilitate month-end, quarter-end, and year-end accounting close activities
• Review and prepare journal entries, account reconciliations, roll-forwards, and month-end reporting packages

Minimum Qualifications

• 3+ years relevant experience and a Bachelor's degree OR Any equivalent combination of education and experience.

Additional Responsibilities & Preferred Qualifications

• Strong understanding of Credit products, with experience in ABS and Securitization preferred
• Certified Public Accountant or strong accounting background highly preferred
• Highly proficient in Excel
• High attention to detail

Compensation

• Subsidiary:PayPalTravel Percent:0-
• The base pay for this role will depend on where you work and the relevant experience and expertise you bring.
• The expected range of pay for this role by location is:Primary Location | Pay Range:New York City, New York: ($98,000.00 - $140,250.00 Annually)
• Additional Location(s) | Pay Range:Chicago, Illinois: ($89,000.00 - $127,600.00 Annually)
• Omaha, Nebraska: ($84,500.00 - $121,000.00 Annually)
• Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.

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 comprehensive, choice-based programs, to support all aspects of personal wellbeing-physical, emotional, and financial-delivering meaningful value where it matters most.
• We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

Who We Are

• 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 [e-mail].

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.

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