Finance Analyst, Technology FP&A


September 15, 2021

Who we are: 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. We’re a purpose-driven company, and our beliefs are the foundation of how we conduct business every day. We’re guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Collectively, these values inspire us to work together as One Team with our customers at the center of everything we do, and to take care of ourselves, each other, and the communities in which we live and work. We challenge the status quo, ask questions, and find solutions. Join us as we enable the hopes, dreams, and ambitions of millions of people around the world.
Job Description Summary: As a member of PayPal’s Technology Platform and Experience (TPX) Financial Planning and Analysis team based in Bangalore, this position will play a key role in providing financial analysis in support of the TPX group. In this role, the individual will be involved in budgeting, forecasting, month end close, variance analysis and reporting related to operating expenses, capital expenditure and headcount, as well as managing the day-to-day process and guide the business through various finance-related tasks. This role will work closely with cross-functional teams to provide business insight and guide them towards sound financial decisions.
Job Description:
Specific responsibilities include:
  • Work closely with the business as well as other finance team members for forecasting, month end close activities including accrual JE, reporting and budget process.
  • Assist in Monthly reporting, variance analysis (Actual Vs. Forecast Vs. Budget) and adhoc deep dive analysis relating to expenses, CAPEX and headcount.
  • Work with business, budget owners and other financial analysts to build business cases and set up processes to manage project funds.
  • Assist in process improvements using reporting and planning tools.
  • Develop an understanding of the business strategic priorities, resource and headcount needs; collaborate with them to execute and improve financial planning and budgeting.
  • Identify trends, anticipate needs, and gather business requirements to support an evolving planning and management reporting function that meets the needs of the users.
  • Process cost center creation and changes, movement of cost center hierarchies.
  • Review prepaid schedule and ensure appropriate and timely amortization.
  • Assist with month-end close and reporting activities. Book accrual and cross charge JE’s accurately and on time.
  • Run reports and assist with monthly actuals-to-forecast variance analysis. Distribute details to Business and Finance partners.
  • Monitor expense and headcount plan vs actual, and provide analysis/recommendation for business partners and Finance team.
  • Ensure strict adherence to corporate policies and GAAP regulations
  • Ad-hoc analysis & projects as needed to support business needs
  • Work autonomously but in collaboration with teammates and business partners.

Job Requirements:
3-5 years Financial Planning & Analysis experience in a medium/large company environment.
Education: Chartered Accountant or MBA from a reputable institute
  • Superb attention to detail and ability to produce work with high degree of accuracy
  • Excellent oral and written communication skills with the ability to interact effectively with cross-functional teams and with management
  • Solid understanding of forecasting/budget and accrual concepts.
  • Ability to thrive in a rapidly changing environment while juggling multiple responsibilities. Must feel comfortable working in and driving decisions in uncertain/ambiguous situations.
  • Ability to meet strict deadlines and work under pressure
  • Strong analytical and problem solving skills
  • Process-focused – ability to identify and execute process improvements
  • Experience in a fast growing technology industry
  • Proficient in Microsoft Office (MS Excel and Powerpoint) applications with working experience of ERP (SAP/ Oracle)
  • Knowledge of budget and reporting applications like BPC, BW and SAP preferable
  • Familiarity with CAPEX accounting, Hardware and Software Maintenance, and Cloud preferable
  • Other tasks as assigned by the manager

Preferred Skills:
  • Highly organized
  • Excellent Communication skills
  • Knowledge of SAP, BW
  • Ability to manage the details as well as the big picture
  • Ability to work well within a team structure
  • Proven ability to collaborate with many constituents and take a directed set of needs into an executable plan of deliverables

For more than 20 years, PayPal has remained at the forefront of the digital payment revolution. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, our open digital payments platform gives PayPal’s 400 million active account holders the confidence to connect and transact in new and powerful ways. 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.
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.