Manager, Financial Planning & Analysis

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 Summary:

Job Description:

PayPal, Inc. seeks Manager, Financial Planning & Analysis in Chicago, IL

Job Duties: This role involves preparing reports, analyzing financial data, and collaborating with various departments to provide insights to senior leadership team that drive strategic decision-making. Support the annual budgeting and long-range strategic planning process, gathering and validating accuracy of inputs and prepare summary views to extract useful insights for management. Support the preparation of regular financial forecasts to update leadership on expected performance against budget & other commitments. Analyze financial plans, forecasts and results and key performance indicators (KPIs), identifying trends, variances and insights to support decision-making. Work with segment FP&A teams to understand plan composition, risks and opportunities (R&Os) and perform scenario analysis as needed. Produce regular reports for senior management and the Board, summarizing financial performance, forecasts, and variances to plan. Investigate significant variances to provide financial insights. Perform analysis for specific projects or initiatives as needed on an ad-hoc basis. Work closely with other stakeholders and counterparts across the company to ensure appropriate flow of information, expectations and timelines. Communicate clearly the results of analysis to the management team where relevant. Ensure compliance with financial regulations and internal controls, working with auditors as needed. Create and maintain documentation of FP&A processes specific to own areas. Partial telecommuting permitted from within a commutable distance.

Minimum Requirements: Bachelor’s degree, or foreign equivalent, in Accounting, Economics, Finance, or a closely related field plus eight years of experience in the job offered or a related occupation.. Employer will accept a Master’s degree, or foreign equivalent, in Accounting, Economics, Finance, or a closely related field plus five years of relevant finance or banking or accounting experience.

Special Skill Requirements:

1. Experience in navigating through complex financial models (5 years).

2. Excel and PowerPoint (5 years)

3. Experience with financial planning and consolidation systems e.g. Cognos TM1 (3 years)

4. Experience with Corporate Tax (1 year)

Additional Responsibilities & Preferred Qualifications:

EOE, including disability/vets.

The base pay for this role will depend on where you work and the relevant experienc