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Finance Accounting Manager in Singapore at PayPal

Date Posted: 7/11/2020

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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.

The Finance Manager is a key member of the Singapore Controllership team, who is responsible for maintaining and driving controllership rigour and discipline and ensuring statutory and regulatory compliance across multiple entities in the International region. This role reports to the Singapore Finance Manager and is based in Singapore International HQ. This position will work closely with country controllers, regional tax, treasury and shared services team to drive controllership reviews and discipline while playing a key role in ensuring operational effective for the PoS devices legal entity in Singapore and driving various projects across the International landscape.

Accounting and Financial governance

• Preparation of monthly financial reports and analytics to support a structured risk-based monthly financial review

• Work closely with shared services team to ensure transactions are recorded in compliance with US GAAP & IFFRS

• Ensure regular review of account reconciliations including follow up and closure of open items

• Ensure timely completion of statutory audits for all entities

• Review business processes to improve/ strengthen internal controls and track remediation of control deficiencies

• Work closely with tax, transfer pricing and Intercompany teams to ensure tax structure is appropriately operationalized

Regulatory and tax compliance

• Ensure compliance with local regulatory reporting to statistical and commercial bureaus

• Liaise with tax team to ensure timely tax and VAT filings

• Liaising with local tax bureau officials in Singapore and support all data requirements for their reviews

Support business team on new products

• Provide controllership insight and infrastructure support to business on new product development

• Work closely with GFP and product development team to ensure operational and accounting infrastructure is setup to support new product launch

Operationalizing process across International landscape

• Review regional financials with local Controllership teams across the International landscape

• Project manage the review of GAAP differences across all International entities

• Implementation of new accounting standards and guidelines, such as IFRIC 23

• Oversight on appropriateness of accounting for new accounting standards implemented by the shared services team

Key Internal and External Contacts

• HQ Financial systems group and accounting group

• International Shared Services group

• Direct and Indirect tax teams

• International Controllership team

• Business FP&A and marketing teams

• External auditors

Person Specification - Qualifications/Experience/Skills /Competencies

Basic Qualifications

• Bachelor's degree in Accounting from an accredited university

• CPA or CA qualification is a pre-requisite

• Strong knowledge of US GAAP and IFRS

• 4-5 years of relevant experience in accounting

• Experience with audit procedures and SOX compliance requirements

• Prior working experience in a Big4 audit firm preferred

• Prior working experience in the financial industry preferred

• Ability to proficiently use Microsoft Office software tools, especially advanced MS excel skills


• Strong English speaking and writing skills

• Familiar with local statutory audit, tax returns and filing process in Singapore/ Hong Kong

• Strong accounting analysis skills with experience in handling multiple entities, transfer pricing and consolidations

• Ability to understand complex tax and legal entity structures

• Some knowledge in indirect tax, corporate income tax and transfer pricing

• Good business partnering skills working with various people across different organizations both internal as well as external

• Excellent communication, coordination and problem-solving skills

• Able to drive changes to improve processes

• Ability to document work processes, procedures and policies


• Experience within a regulated environment

• Experience in banking and financial services industry

• Interest in e-commerce

• Familiar with use of SAP system and BW tools

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