Sr Manager, Accounting

Job Summary:

This job oversees financial reporting, compliance, and internal controls. You will ensure accurate financial information, manage audits, and implement accounting policies in line with GAAP/IFRS and SEC regulations. This role collaborates with cross-functional teams, supports strategic decision-making, and drives process improvements. Strong leadership, technical expertise, and attention to detail are essential.

Job Description:

Essential Responsibilities:

• Partner with business leaders and wider finance organization on accounting and reporting matters
• Drive accounting support within finance transformation work programs and other process enhancements
• Provide accounting expertise and leadership to finance and business organizations
• Consult with business partners regularly to ensure awareness of significant transactions and potential accounting impact

Expected Qualifications:

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

High Level Job Summary:

This role will report directly to the Credit Controller and will be responsible for leading daily and monthly accounting operations, monthly and quarterly reporting (including 10Q/10K) and also, working on complex accounting areas related to rapidly expanding Global Consumer and Merchant loan portfolios. Key responsibilities will include: quarterly SEC reporting and CECL allowance process, ongoing loan portfolio externalizations (ie. loan sales and securitizations), and other special projects, such as product launches, system migrations, changes in accounting policy and broader finance automation initiatives. It is a fast-paced environment that requires juggling of multiple projects with competing deadlines. Highly automated Accounting environment with multiple loan servicing systems, as well as other supporting systems, which adds unique operational complexities and requires a focus on streamlining and automation solutions to ensure scalability. Role will oversee the 3 accounting managers on the team.

This role will ensure accurate financial information in line with US GAAP and IFRS (as applicable), review all Credit related SEC reporting, manage audits, and partner with cross functional business leaders, serving as a key point of contact. Strong leadership, technical expertise, and attention to detail are essential.

• Cross functional teams, include: FP&A, Capital Markets, Credit Risk, Data Analytics, System Platform, Corporate Accounting, Treasury, Accounting Policy, SEC Reporting, SOX, etc.
• Partnership with Capital Markets team (and greater Credit FP&A team) which are based in NYC is a critical function of this role. Note: Credit business partners/leaders are primarily based on the East Coast, across the Tri-State area.
• Oversee quarterly CECL Allowance process. This is a key focus area with a high level of scrutiny due to subjectivity and materiality of the estimate. Quarterly process includes heavy partnership with Credit Risk and Credit Finance to align on reserve estimates and ultimately present a detailed deck to leadership.
• Review complex journal entries and ensure the accuracy of information through well-documented workpapers. Proactively identify, communicate, and resolve any issues or reconciling items.
• Work with a high degree of initiative to identify and recommend process improvement opportunities through automation to ensure all processes are scalable for Credit business’ rapid expansion.
• Develop and improve internal process documentation. Ability to analyze and walkthrough new or existing accounting processes from beginning to end and outline journal entries.
• Collaborate with the other managers on the team for specific projects and oversight of day-to-day team operations.
• Partner with business leaders and wider finance organization on accounting and reporting matters
• Drive accounting support within finance transformation work programs and other process enhancements
• Provide accounting expertise and leadership to finance and business organizations
• Consult with business partners regularly to ensure awareness of significant transactions and potential accounting impact

Required Skills:

• Excellent written and verbal communication skills to articulate ideas and plans clearly and effectively with internal and external audiences at a leadership level.
• Ability to influence where you do not have direct authority through strong interpersonal skills
• Quick learner with a high degree of attention to detail and understanding of business/accounting processes.
• Ability to manage multiple projects simultaneously across cross functional teams.
• High degree of personal integrity and professional skepticism.
• Open to change and committed to continuous process improvement.
• Have a reputation for getting things done.

Required Qualification:

• 12+ years of Audit/Accounting experience: Minimum 5 years required at a Big Four public accounting firm.
• Experience in Credit or Banking industry is required.
• CPA required

Our Benefits:

At , 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.