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FBO Accoutant in Shanghai at PayPal

Date Posted: 11/2/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Shanghai
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/2/2020
  • Job ID:
    R0056806

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 305 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. 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.

FBO Accountant is responsible for the preparation and analysis of general ledger account reconciliations, perform cash clearing and daily close for Gopay FBO book. Utilizing the Gopay FBO Financial systems (BAI and SAP ECC), the Accountant will assist in analyzing reconciling differences, root cause analysis and understanding the impact on the financial statements. The Accountant will also be involved in the testing and implementation of new products

Responsibilities

  • 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 Finance Product (GFP) team 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 closing, reporting, reconciliation and analysis.
  • Assist with or be responsible for other duties and ad hoc projects as assigned.

Desired Skills and Experience

  • Bachelors Degree in Accounting or Finance required
  • Previous SAP experience a plus. Experience with other external systems and software a plus
  • 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)
  • Financial institution or payments industry experience a plus
  • 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
  • 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. 

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

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.

R0056806