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Manager, Global Finance Operations in Omaha at PayPal

Date Posted: 2/26/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Omaha
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    2/26/2019
  • Job ID:
    R0042368

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 267 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 primary function of this position is the management of a high volume, best in class operational accounting team responsible for ensuring all assigned general ledger accounts are reconciled accurately and timely so respective balances are properly reflected in the financial statements. This includes oversight of GL account reconciliations with balances currently exceeding $500M and with monthly volume in excess of $12B.

Specific Duties:

Primary point of contact for review and approval of team’s assigned general ledger account reconciliations to ensure effective, timely and accurate reconciliations in accordance with specified policies, internal control requirements and certain regulatory and other service level agreements.

Ensure accurate posting of general ledger entries in SAP and customer accounts.

Assist with researching and achieving timely resolution of outstanding reconciling items and related issues, utilizing internal resources and/or vendor support. Adhere to reconciliation escalation and write-off policy.

Maintain, monitor and report out, as agreed upon, team metrics designed to track overall team effectiveness and efficiency. Consistently innovate on existing tools and processes to help the department scale with the business.

Track, communicate and assist in the resolution of product design or process flaws, system bugs or other operational issues adversely impacting team’s efficiency and effectiveness.  Develop, manage and lead a team of 6-8 direct reports.

Effectively carry out all direct level management responsibilities for all employee reports including quality recruiting, setting and monitoring employee performance against semi-annual goals, performing annual reviews and monitoring career development.

Monitor and assign balanced workload within a team of direct reports. 

Other duties and special projects as assigned.

Required Performance:

Perform at a Meets or Exceeds expectations level for all specific duties outlined above. Demonstrate a solid understanding of PayPal’s business products, transactions, systems and related accounting process flows. Understand the accounting implications from the transaction level, to the reconciliation level and then up to the general ledger of various money movement accounts.

This role is considered a leadership position in the Omaha Accounting Team. As such, expectations are the individual will consistently adhere to and perform effectively against all expectations as outlined.

Maintain a high level of commitment, which includes more than just performing accountability, as assigned.  This includes requesting additional responsibilities, volunteering for special projects, identifying oneself as a go-to individual, displaying flexibility with change and a passion for the product and company.

Experience:

6+ years relevant work experience in accounting operations required.

Proficient accounting skills. Able to identify appropriately debits and credits and accurately prepare and understand journal entries and how transactions impact account balances. Also able to research account balances and activities effectively and understand basic attributes of accounts as to where they reside in the financial statements and what particular risks are applicable to a given account including applicable outstanding reconciling items.

4+ years of supervisor or team lead experience 

Proficient in Microsoft Office products, primarily Excel (intermediate level of expertise working with Excel pivot tables, v-lookup and filters strongly desired) Experience with top tier ERP systems preferred.

Experience with other external systems and software a plus (reconciliation tools, data warehouse, etc.)

Previous SAP experience a plus

Financial institution or payments industry experience a plus

Business process mapping and system conversion experience a plus

Knowledge, Skills and Abilities:

Leadership and effective team and individual management practices

Strong analytical, research, problem solving and evaluative thinking skills.

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. 

Ability to work flexible hours

Strong communication skills - including ability to listen to the needs of others and 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 new product flows and software technologies.

Team-oriented approach – can effectively lead a project or participate as an effective team member as well as work cross-functionally with other organizations. 

Ability to adhere to the highest ethical standards including honesty, integrity.

Strong sense of dedication to the Company and the team.

Education:

Bachelors Degree in Accounting, Finance or a related field


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.

R0042368

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