Transaction Loss FP&A Manager

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 Description Summary:
The FP&A Manager will contribute to the Transaction Loss FP&A activities such as building budgets and forecasts while providing transparency on transaction losses trends at product/segment/region level through close engagement with our business partners. This is a broad role in scope that requires strong partnership with both the BUs and the Risk organization to ensure risk assets and capabilities are leveraged to drive growth, improve efficiency, and increase PP Inc. profitability while at the same time effectively delivering on the day-to-day FP&A activities related to transaction losses. The FP&A Manager will be a key member of the Transaction Loss Financial Planning & Analysis team and will report into the TL FP&A Lead. The role is based in San Jose but with colleagues and stakeholders across multiple time zones.

Job Description:
Key responsibilities of this role are:

• Contribute to the planning and forecasting for PayPal Transaction Loss and work with Risk & BI teams to produce weekly, monthly and quarterly reports, review quarterly forecasts and annual budgets across products/segments/regions. Be a strategic partner, providing clear and thoughtful analysis + communication.
• Help maintain the Forecast Reserve Adequacy Model (FRAMe) for PayPal and its main cross-properties, ensuring appropriate reserve levels and adherence to audit/controllership principles.
• Build a strong partnership with Risk BI/GOAL team to transform our forecasting and reporting capabilities towards a customer-based view and while providing proactive and action-oriented BU-level Transaction Loss insights to BU Leadership & BU FP&A partners.
• Partner with cross-functional teams on strategic initiatives to generate growth and profitability, which entails building business cases, providing financial guidance and tracking initiatives execution.
• Drive optimal decision making through insightful models and analysis, including consolidating information across Transaction Expenses and Losses to provide Transaction Margin insights.
• Successfully collaborate with Transaction Loss FP&A colleagues, and the broader FP&A community including BU & Global Markets FP&A.
  
  
  

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or advanced degree preferred.
• Proven experience in FP&A, strategic finance, investment banking, or management consulting; prior publicly traded company experience strongly preferred.
• Strong proficiency in financial modeling, forecasting, and analysis. Strong Excel and Power Point skills. Experience with database products (i.e. Essbase, SQL, Python).
• Demonstrated ability to translate complex financial concepts into actionable insights and strategic recommendations.
• Experience in fast-paced, agile and growth environments.
• Exceptional analytical skills, attention to detail, and problem-solving abilities.
• Excellent communication and presentation skills, with the ability to collaborate with variable levels of professionals.
• Strategic mindset with the ability to think creatively, anticipate future challenges, and drive innovative recommendations.
• Collaboration skills and a team-oriented mindset.
  
  
  

PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.

The U.S. national annual pay range for this role is $64000 to $156750

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:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

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.

Any general requests for consideration of your skills, please Join our Talent Community.

We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.

REQ ID R0112329