Sr Manager, Bank Financial Planning & Analysis

Honey; Utah; On-site; USD 150,000 - 210,000; Full time

Job summary

PayPal is seeking a Senior Manager, Bank FP&A based in Utah. You will establish and lead the Bank's financial planning and analysis, own the standalone forecast, operating plan, long-range plan, product profitability analysis, and scenario analysis.

You will coordinate with Corporate FP&A and other stakeholders while ensuring GAAP compliance and governance. Reporting to the Bank CFO, you will build a high-performing team, partner with cross-functional leaders, and deliver timely insights to

Responsibilities

• Business partnering with leaders and VPs and the other cross-functional teams located globally
• Build and retain a strong and effective team
• Oversee month-end close and reporting activities, forecast, variance analysis and reporting of operating expense (as well as Contra)
• Drive continuous process improvements both within the team and with the business
• Provide analysis and recommendations to leadership groups quickly and effectively to drive results
• Ensure strict adherence to corporate policies and GAAP regulations
• Partner with leadership on risk awareness for projects
• Develop key insights to provide finance senior leadership visibility into areas of risk
• Work within finance and technology partners to identify areas of opportunity

Job description

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 Summary:

The Senior Manager, Bank FP&A is a Utah-based leadership role responsible for establishing and leading PayPal Bank's financial planning and analysis capability. Reporting to the PayPal Bank CFO, the role owns the Bank's standalone financial forecast, annual operating plan, long-range plan, product profitability analysis, net interest income forecasting, management reporting, and scenario analysis.
PayPal Bank is expected to operate as a standalone legal entity with its own governance, financial reporting, planning, and regulatory obligations while leveraging PayPal Inc. and other affiliates for certain services under formal intercompany arrangements. The role retains ownership of Bank FP&A assumptions, performance analysis, forecast governance, and management reporting, while coordinating with Corporate FP&A, Treasury, Controllership, Risk, Credit, Product, Technology, Legal, Tax, and other stakeholders.

Job Description:

Essential Responsibilities:

• Business partnering with leaders and VPs and the other cross-functional teams located globally
• Build and retain a strong and effective team
• Oversee month-end close and reporting activities, forecast, variance analysis and reporting of operating expense (as well as Contra)
• Drive continuous process improvements both within the team and with the business
• Provide analysis and recommendations to leadership groups quickly and effectively to drive results
• Ensure strict adherence to corporate policies and GAAP regulations
• Partner with leadership on risk awareness for projects
• Develop key insights to provide finance senior leadership visibility into areas of risk
• Work within finance and technology partners to identify areas of opportunity