Senior Business Analyst

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 Senior Business Analyst is responsible for the preparation and analysis of general ledger account reconciliations for multiple PayPal and Venmo products. Utilizing the PayPal Financial systems (PFIT), the Business Analyst will assist in analyzing reconciling differences, root cause analysis and understanding the impact on the financial statements. The Business Analyst will also be involved in the testing and implementation of new products and processes.

Job Description:

Job Description:

• Timely and effective reconciliation of all assigned Receivable, Payable and Suspense General Ledger accounts, including timely and accurate clearing of reconciling items in accordance with Company Policy.  Ensure accurate posting of general ledger entries in SAP and customer accounts.
• Works independently to research, track and timely resolve outstanding reconciling items and related issues.  Able to apply advanced research techniques to accurately identify the source of the reconciling items.  Communicate with internal resources and/or processors to escalate and resolve these differences. 
• Work directly with Global Finance Product (GFP) team on the resolution of product design or process flaws, system bugs or other operational issues adversely impacting accounting processes.  Assist with new product launches and market expansions that impact accounting processes, including participation in UAT (User Acceptance Testing). 
• Works with a high degree of initiative to identify and recommend process improvement opportunities in the areas of reporting, reconciliation and analysis.
• Perform reconciliation of customer liability accounts for PayPal and Venmo.

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Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

Bachelors Degree or Equivalent: Business Education

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 financ