Manager – Transaction Expense & Loss – PayPal – San Jose, CA

Posted on August 12, 2010. Filed under: Accounting, California Jobs, Finance, Jobs, PayPal, Risk |

To apply please visit:

Requisition 41830BR

Primary Job Responsibilities

Build, lead and manage an exceptionally high performing team. Design world class processes to:

  1. Proactively detect, monitor and interpret changes in the business that will impact transaction expense and loss;
  2. Ensure all transaction expense and loss related entries are accurately and efficiently recorded in the General Ledger (G/L) timely;
  3. Analyze, compile and read out monthly actual results in an a manner which provides assurance of integrity and meaningful  insights into the underlying drivers, and provides all necessary schedules and support for the preparation of the consolidated PayPal financial results package.
  • Work with the Risk Forecasting, Global Core Payments (GCP) and FP&A teams to ensure effective coordination and communication around forecasting and actual book results.
  • Serve as an independent, secondary check to the Risk Forecasting model selections; data, logic or process changes, “on top” adjustments and overall monthly results that serve as the basis for the transaction loss results. Ensure controls over the loss forecasting models and their respective processes are sound and consistently applied. Ensure change management and exception documentation policies and practices are effective and adhered to.
  • Work with GCP, BU’s and geographies to ensure new or changes to existing processors and/or services, fines, penalties, and other related activities get detected, vetted and concluded upon in a complete, timely and effective manner prior to needing to be recorded to the G/L.
  • Maintain quality, best practice reconciliations for all assigned accounts.
  • Manage the preparation of client audit schedules and work with the external auditors
  • Collaborate with the Global Financial Product (GFP), PD and BU teams on new product, processor, contract changes, currency launches and general market expansions that impact transaction expense and loss processes.


BA or higher degree in Accounting or Finance. CPA a plus


  • 10 or more years relevant work experience in accounting required, including experience in high volume, complex accounting processes. Transaction loss, credit card processing, or bank transfer processing experience (e.g. ACH) a strong plus.
  • 5 or more years of leadership and management experience with proven results for building and leading highly effective teams.
  • Experience with actuarial models and methods a strong plus
  • Experience with a large, global company. Public accounting experience a strong plus
  • Financial institution or payments industry experience a strong plus
  • Experience working with complex, multi-system environments including data extraction, interfaces, complex data marts and database reporting tools. Essbase, BW, MicroStrategy, a plus
  • Experience with top tier ERP systems required. Previous SAP experience a plus
  • System and process architecture, troubleshooting, reengineering and mapping
  • Project team level participation in new systems implementations a strong plus
  • Proficient in Microsoft Office products
  • Interacting with external parties including auditors and other service providers

To apply please visit:

Requisition 41830BR

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