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Financial Controller in Luxembourg City, Luxembourg, Luxembourg at PayPal

Date Posted: 1/15/2022

Job Snapshot

Job Description

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. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.

The Finance Controller is a key member of the EU Controllership team, responsible for maintaining and driving controllership with rigor and discipline. Ensuring statutory and regulatory compliance of the Luxembourg European HQ. The role is based in Luxembourg. This position will work closely with regional finance stakeholders in tax, treasury and Accounting COE for setting up and running controllership governance processes to support business growth in these markets.

Your primary responsibilities

  • Contribute to the external financial publication of European Headquarter of PayPal (regulated entity);
  • Prepare monthly financial information to the management and head office;
  • Support the annual budget process of the Bank;
  • Analyse monthly variances (Actual vs. Budget) and provide insight on product performance;
  • Assist and coordinate the external audit;
  • Perform risk assessments, identify improvements required in the control and risk management framework and ensure improvements are made in an effective, sustainable, documented;
  • Maintain and develop robust and efficient accounting and reporting processes and related procedures/policies in compliance with the relevant laws and regulations;
  • Monitor KPIs and KRIs in order to drive the performance of the operations;
  • Ensure the regulatory compliance of the outsourced activities and control and monitor its performance;
  • Collaborate with the Business to ensure compliance is built into products and initiatives;
  • Support effort to design, implement and improve finance reporting tools, processes and solutions.

Requirements

  • Qualified accountant (ideally from a Big 4 and or banking background) with 5+ year professional experience;
  • University Degree required (Masters preferred);
  • English is mandatory; any other EU language is an advantage;
  • Strong IFRS knowledge, Luxembourg GAAP is an advantage;
  • Experience of working within highly regulated business environments is an advantage;
  • Master Microsoft Office tools, SAP experience, SQL would be an advantage;
  • Familiar with Financial services regulatory environment;
  • Strong problem solving skills and attention to details;
  • Excellent ability to analyse risks and recommend controls to mitigate those risks;
  • Excellent presentation and project management skills with the ability to successfully work multiple issues at one time;
  • Experience with regulators, ideally for banking environment is an advantage;
  • Working with shared services is an advantage;
  • High level of energy and creativity, an entrepreneurial spirit and the desire to work in a fast growth and changing environment.

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying, or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

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.

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