Sr Accountant

This Senior Accountant role at PayPal involves initiating accounting processes to ensure financial statements comply with local GAAP, monitoring the closing process, and posting necessary journal entries. The position supports meeting local and global regulatory obligations, drives process control rigor for quarterly financial certifications, and participates in preparing financial statements. Reporting to the Finance Controller in Singapore, this role is crucial for maintaining controllership discipline and ensuring statutory compliance for legal entities across APAC, partnering with various finance and business teams.

Must Have

• Initiate accounting processes to ensure financial statements meet local GAAP
• Monitor accounting closing process and post journal entries for adjustments
• Support meeting local and global regulatory obligations
• Drive process control rigor for quarterly financial certifications
• Implement monthly financial reports and analytics for risk-based reviews
• Implement statutory financial statements and ensure timely statutory audits
• Facilitate month-end, quarter-end, and year-end accounting close activities
• Review and prepare journal entries, account reconciliations, roll-forwards, and month-end reporting packages
• Bachelor’s degree in Accounting from an accredited university
• Chartered Accountant (CA) qualification
• 5 - 8 years of relevant post-qualification experience in Controllership, Accounting or Financial audit/advisory

Good to Have

• Prior working experience in a Big 4 audit firm
• Experience working in a regulated industry
• Interest in payments and e-commerce sectors
• Proficiency in SAP, Essbase, Power BI
• Experience with automation or AI tools, or willingness to learn
• Familiarity with SQL, or eagerness to develop technical skills

Perks & Benefits

• Flexible work environment
• Employee shares options
• Health and life insurance
• Benefits to help you thrive in every stage of life
• Valuable benefits and resources for holistic well-being

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:

This job initiates accounting processes to ensure financial statements meet local GAAP and monitor the closing process, posting journal entries for necessary adjustments. You’ll meet statutory requirements for regulatory reports, external audits, and may participate in the preparation of financial statements. Additionally, you’ll support the organization in meeting local and global regulatory obligations, prepare annual reconciliations between local GAAP and IFRS, and drive process control rigor to support quarterly financial certifications.

Job Description:

Essential Responsibilities:

• Initiate accounting processes to ensure financial statements meet local GAAP
• Monitor the accounting closing process and post journal entries for any required adjustments in the local ledger
• Support the organization in meeting local and global regulatory obligations
• Drive process control rigor to support quarterly certification on financials
• Implement monthly financial reports and analytics to support structured risk-based monthly financial reviews
• Implement statutory financial statements and ensure timely completion of statutory audits
• Facilitate month-end, quarter-end, and year-end accounting close activities
• Review and prepare journal entries, account reconciliations, roll-forwards, and month-end reporting packages

Expected Qualifications:

• 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Additional Responsibilities & Preferred Qualifications:

What you need to know about the role

This role reports to the Finance controller, based in Singapore, and works closely with finance stakeholders across Tax, Transfer pricing, Treasury, and Global Controllership.

Meet our team

You will be a key member of the International Controllership team, responsible for maintaining and driving controllership rigor and discipline, while ensuring statutory and regulatory compliance for legal entities across APAC.

Your way to impact

• Oversee the finance and accounting processes of the legal entities in APAC
• Partner with the business, legal and compliance teams, ensuring new regulations and changes are incorporated and operationalized in a timely manner to support growth

Your day to day

• Prepare monthly and ad-hoc financial reports to support structured risk-based financial reviews
• Review and analyze financial fluctuations using data analytics, supported by business insights from cross-functional teams
• Ensure compliance of legal entity financials with IFRS/local financial reporting standards, and internal accounting policies
• Conduct regular reviews of account reconciliations, including the timely follow-up and resolution of open or aged items
• Identify anomalies affecting financials and work with cross-functional teams to address and implement corrective actions
• Prepare annual audited financial statements and ensure timely completion of statutory audits
• Review business processes to strengthen internal controls and monitor remediation of control deficiencies
• Support regulatory submissions and tax filings
• Assess the financial impact of new product launches and regulatory changes
• Contribute to assigned projects, such as system migration or new entity setups
• Identify and implement opportunities to enhance internal processes, leveraging automation and AI tools to increase efficiency

Key Internal and External Contacts

• Global Controllership and Accounting
• Direct tax, Indirect tax and Transfer Pricing
• Business and FP&A
• Consulting firms and External auditors

What do you need to bring

Education and Experience

• Bachelor’s degree in Accounting from an accredited university
• Chartered Accountant (CA) qualification is a prerequisite
• 5 - 8 years of relevant post-qualification experience in Controllership, Accounting or Financial audit/advisory
• Prior working experience in a Big 4 audit firm is preferred

Skills required

• Strong knowledge of IFRS and US GAAP
• Working knowledge in tax and transfer pricing
• Strong interpersonal, written and verbal communication skills
• Critical thinker, with the ability to collaborate across regions and functions in a fast-paced environment
• Attention to detail and demonstrated analytical skills
• Ability to drive process improvements

Highly Desired

• Experience working in a regulated industry
• Interest in payments and e-commerce sectors
• Proficiency in SAP, Essbase, Power BI
• Experience with automation or AI tools, or a strong willingness to learn
• Familiarity with SQL, or an eagerness to develop technical skills

Subsidiary:

PayPal

Travel Percent:

0

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. Any such request is a red flag and likely part of a scam. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.

For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.

Our Benefits:

At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset—you. That’s why we offer benefits to help you thrive in every stage of life. We champion your financial, physical, and mental health by offering valuable benefits and resources to help you care for the whole you.

We have great benefits including a flexible work environment, employee shares options, health and life insurance and more. To learn more about our benefits please visit https://www.paypalbenefits.com.

Who We Are:

Click Here to learn more about our culture and community.

Commitment to Diversity and Inclusion

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.

Belonging at PayPal:

Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.