PayPal Giving Fund Staff Accountant - US in Washington DC, District of Columbia, United States of America at PayPal

Job Description

Job Description

At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.
Reporting to the CFO, the Staff Accountant will be responsible for ensuring that review of and payment to unenrolled charities are done efficiently and comprehensively. This role will touch on full cycle accounting functions including check processing, journal entry posting, reconciliations, resolving discrepancies and assisting with the month end close. Additionally, the Staff Accountant will manage corporate cross-border transactions and provide support to PayPal Giving Fund’s global accounting team as needed.

Role Description

Reporting to the CFO, the Staff Accountant will be responsible for ensuring that review of and payment to unenrolled charities are done efficiently and comprehensively. This role will touch on full cycle accounting functions including check processing, journal entry posting, reconciliations, resolving discrepancies and assisting with the month end close. Additionally, the Staff Accountant will manage corporate cross-border transactions and provide support to PayPal Giving Fund’s global accounting team as needed.

Overview of Responsibilities

Check Processing

• Perform monthly reviews of all charities that clear AML compliance and update PPGF charity records in PayPal Cause Admin and SAP accordingly

• Manage the check payment process in Australia, reviewing key SLAs and coordinating all necessary approvals
• Align with Australia’s Operations Lead on address cleansing before check batch posting to ensure payments are remitted to the intended recipients
• Void checks in SAP and place stop payments with the bank for newly enrolled charities, expired checks, or specific customer requests
• Analyze aging reports with Accounting Manager to ensure compliance of check policies
• Perform weekly check reconciliation in SAP

• Liaise with Australia customer service team to resolve check discrepancies and escalations

Accounting

• Assist with month end close activities, including processing PPGF Australia payroll, benefits administration, and accounts payable activities

• Manage cross border/corporate ‘give and hold’ accounts
• Responsible for the reconciliation of cash accounts
• Assist the Senior Accountant on “Reassignment of Funds” process due to failed payouts
• Review “Holds” list to determine removal, payment, or reassignment of funds per PayPal Giving Fund’s payment and reassignment policies
• Review and process assigned escalations and JIRA tickets

Process Improvement

• Track performance across countries on accounting ticket SLAs and fix any issues that arise
• Suggest, plan, and help to implement process improvements and automations to reduce manual processes and risk of manual errors

The Staff Accountant will also be expected to perform other duties deemed necessary to support the effective operations of the organization.

Qualifications

The Staff Accountant will be an efficient and fastidious worker. S/he must have experience in prompt and accurate data logging, as well as familiarity with the basic rules and operations of non-profit accounting.

The Staff Accountant will have the following experience and attributes:

• A minimum of a BS in Accounting or related field, or equivalent work experience (CPA preferred).
• Excel power user, including familiarity with formulas, pivot tables, and vlookups.
• Experience working in accounting software is required; SAP and SAP S4Hana preferred

• Experience with cross border funds flows and inter-company transactions
• Experience with a help desk ticketing system; JIRA preferred.
• Familiarity with rules governing charitable solicitation, compliance, and PayPal products.
• Must be willing to work flexible hours in order to meet with Australian team members and business partners.
• Experience working in an hybrid environment

Personal style

• Mature and proactive, with evidence of having owned and delivered in business process tasks
• Strong data analysis skills.

• A collaborative and flexible style, able to handle ambiguity and dependencies on external organizations, with a strong service mentality
• A team-player with integrity
• An effective communicator, with strong oral and written skills
  

The Staff Accountant will also be able to demonstrate a commitment to the values and working behaviors of PayPal Giving Fund.

We are open to change : we are flexible and respond positively and quickly to changes in our environment, communicating and coordinating to stay on top of things

We're transparent and inclusive : we share relevant information and involve people in shaping our ideas.

We're practical and results-focused: we take ownership of our work, solve problems for customers, and prioritize effective and streamlined delivery

We learn : we develop expertise ourselves, and actively search for new sources of expertise to help us grow.

We’re a team : we show togetherness and support each other to improve every day

It is the practice of PayPal Giving Fund to examine job descriptions from time to time and to update them as necessary in consultation with the post-holder.

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.

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

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 [email protected].

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.

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