Financial Analyst - Consumer Finance

Posted:
10/13/2024, 5:00:00 PM

Location(s):
California, United States ⋅ San Jose, California, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

Workplace Type:
Hybrid

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:

We’re seeking a Finance Analyst to join the Consumer Finance team at PayPal. In this role, you will support financial planning and reporting processes across the Consumer BU consolidating information across the different products. This is a varied role in scope, entailing weekly/monthly financial reporting for full P&L covering revenue and transaction margin, as well as working closely with the finance POCs supporting Consumer BU products to understand overall business drivers.

Job Description:

In this role, you can expect to:

  • Own weekly, monthly, quarterly and annual financial reporting and tracking of overall Consumer BU outlook vs targets by bringing summary of variances and key drivers.
  • Assist with key FP&A processes, including budgeting, forecasting, R&Os, monthly close, performance reporting, and others.
  • Regularly perform variance and sensitivity analyses on (weekly/monthly) revenue/margin and provide real time insight into performance for Consumer BU.
  • Identifying key business levers, establish cause & effect, perform analyses, and communicate key findings to various stakeholders up-and-down the organization to facilitate data-driven decision-making.
  • Build strong working relationships with cross-functional partners, namely the finance POCs supporting the various Consumer BU products across P2P, Venmo, Shopping/Rewards as well as intersections with SMB and Enterprise segments to strategically advise on financial impact.
  • Develop, automate, optimize, and standardize FP&A processes and share best practices.
  • Use business intelligence dashboards and reporting to advise and inform the Finance team and executive leadership on business unit and product performance.

To thrive in this role, you have:

  • 3 – 5+ years of experience in finance / FP&A roles or related fields/functions and comfortable with topline financial management; prior experience at high-growth technology or financial technology startups a plus.
  • Bachelor’s degree or equivalent required.
  • Advanced Proficiency with MS Office specifically with Excel and PowerPoint
  • Demonstrated proficiency in large database manipulation through standard access tools, such as SQL and reporting tools (Essbase).
  • Experience & demonstrated interest in building and challenging financial models.
  • Detail-oriented, highly analytical individual who strives for excellence and wants to be part of a great team.
  • Demonstrated experience in reporting and budget processes in matrixed environments.
  • World-class analytical skills to help glean and communicate simple to understand insights from complex data sets
  • High energy and a true desire to understand the drivers of the business.
  • Excellent English proficiency.
  • A team-oriented mentality and a positive attitude.

Additional Job Description:

Subsidiary:

PayPal

Travel Percent:

0

-

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

$43400 to $111980

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:

Click Here to learn more about our culture and community.

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 [email protected].

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.

PayPal

Website: https://www.paypal.com/

Headquarter Location: San Jose, California, United States

Employee Count: 10001+

Year Founded: 1998

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: E-Commerce Platforms ⋅ FinTech ⋅ Mobile Payments ⋅ Transaction Processing