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.
Job Description Summary:
What you need to know about the role- You will be responsible for managing day to day activities for PayPal’s global AP payment processes. In this role you will oversee day to day AP activities in our global purchase to pay tools including managing approvals for payment runs, payment run audits, SOX compliance, and partner with Treasury for cash forecast/approvals, expedited payment requests, research items as needed such as payment posting issues, void/reissue, escheatment, vendor inquiries, etc. Partner with other teams for the reconciliation of the AP aging, GRIR, 1042 and 10++ reporting.
Job Description:
Your way to impact -
• You will add value by being a detail focused problem-solver who improves AP payment processes and able to develop effective solutions.
• You will add value by managing Key Performance Indicators (KPI) and monitoring relevant productivity and operational metrics.
• You will also add value by supporting change management to help employees, or suppliers adapt to new processes, and identify, create, and deliver training as needed.
Your day to day -
• Provide cash forecast to PayPal treasury department. Prepare and submit request for approval by PayPal treasury department. Manage foreign currency payments.
• Create and perform audit on each payment run per SOX requirements and maintain/archive supporting documents for audit purposes.
• Review the BOT Audit file to avoid duplicate payments.
• Ensure that all manual wires are recorded in SAP and in Ariba.
• Support AP Aging reconciliation activities
• Work with other teams to ensure escheatment process is completed timely.
• Support resolution of invoice posting issues due to PO set up by working with the Buyer team.
• Assist in the management of the Service Now Help Desk queue to support timely resolution of payment inquiries.
• Participate and support the Tax reporting process for Withholding, VAT, 10++ and 1042.
• Responsible for all reporting requirements and obligations required for the Accounts Payable process including month-end, quarter-end, and year-end requirements.
What Do You Need To Bring -
• Proficiency with SAP ECC and Ariba P2P Modules a plus
• Sound judgment and the ability to make decisions related to corporate policies
• Excellent analytical, problem solving and decision-making skills
• Ability to work independently and as part of an international virtual team
• Good organization and multi-tasking skills to balance and prioritize work
• Flexible and able to adapt to shifting priorities and responsibilities in a dynamic and changing environment
• Strong interpersonal, customer service and communication skills
• Effective verbal, listening and written communication skills
• High school diploma or equivalent; Bachelor’s degree is preferred.
• SAP FI experience required, and Ariba toolset preferred.
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:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx
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, ****** 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-1+ protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-1+ 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.
REQ ID R0100+04
Job Description Summary:
What you need to know about the role- You will be responsible for managing day to day activities for PayPal’s global AP payment processes. In this role you will oversee day to day AP activities in our global purchase to pay tools including managing approvals for payment runs, payment run audits, SOX compliance, and partner with Treasury for cash forecast/approvals, expedited payment requests, research items as needed such as payment posting issues, void/reissue, escheatment, vendor inquiries, etc. Partner with other teams for the reconciliation of the AP aging, GRIR, 1042 and 10++ reporting.
Job Description:
Your way to impact -
• You will add value by being a detail focused problem-solver who improves AP payment processes and able to develop effective solutions.
• You will add value by managing Key Performance Indicators (KPI) and monitoring relevant productivity and operational metrics.
• You will also add value by supporting change management to help employees, or suppliers adapt to new processes, and identify, create, and deliver training as needed.
Your day to day -
• Provide cash forecast to PayPal treasury department. Prepare and submit request for approval by PayPal treasury department. Manage foreign currency payments.
• Create and perform audit on each payment run per SOX requirements and maintain/archive supporting documents for audit purposes.
• Review the BOT Audit file to avoid duplicate payments.
• Ensure that all manual wires are recorded in SAP and in Ariba.
• Support AP Aging reconciliation activities
• Work with other teams to ensure escheatment process is completed timely.
• Support resolution of invoice posting issues due to PO set up by working with the Buyer team.
• Assist in the management of the Service Now Help Desk queue to support timely resolution of payment inquiries.
• Participate and support the Tax reporting process for Withholding, VAT, 10++ and 1042.
• Responsible for all reporting requirements and obligations required for the Accounts Payable process including month-end, quarter-end, and year-end requirements.
What Do You Need To Bring -
• Proficiency with SAP ECC and Ariba P2P Modules a plus
• Sound judgment and the ability to make decisions related to corporate policies
• Excellent analytical, problem solving and decision-making skills
• Ability to work independently and as part of an international virtual team
• Good organization and multi-tasking skills to balance and prioritize work
• Flexible and able to adapt to shifting priorities and responsibilities in a dynamic and changing environment
• Strong interpersonal, customer service and communication skills
• Effective verbal, listening and written communication skills
• High school diploma or equivalent; Bachelor’s degree is preferred.
• SAP FI experience required, and Ariba toolset preferred.
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:
To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx
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, ****** 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-1+ protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-1+ 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.
REQ ID R0100+04
💡 Quick Summary
Seeking a career-building opportunity? The Accountant position is now open for candidates interested in the Accountant Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
