Senior Director, Financial Controls

$143,400 - $285,450/Yr

PayPal - San Jose, CA

Full-time - Senior

Hybrid - San Jose, CA

Credit Intermediation and Related Activities

About the position

The Senior Director of Financial Controls at PayPal Inc. is responsible for overseeing the internal control design and process documentation within the organization. This role involves collaboration with various teams, including finance, product, IT, and internal audit, to ensure an effective control environment. The position reports directly to the Chief Accounting Officer and includes building and leading a team to support process documentation and control management. The Senior Director will also identify process improvement opportunities and ensure compliance with financial reporting standards.

Responsibilities

• Set the standard for financial process documentation and optimize the internal control environment.
• Work closely with key stakeholders to address control gaps and deficiencies while driving process documentation and control ownership.
• Develop recommendations for process improvements or efficiency enhancements to company processes.
• Oversee and write narratives and prepare flowcharts documenting financial processes and current internal control procedures.
• Collaborate with process owners and managers to ensure ownership of all significant processes and controls.
• Apply and assess financial reporting impact based on knowledge of Accounting Principles (e.g., US GAAP, IFRS).
• Identify potential control weaknesses and create relevant solutions that align with business requirements without sacrificing efficiency.
• Examine internal control gaps and recommend best practices.
• Identify and review key controls in preparation for testing.
• Assist with SOX walkthroughs in partnership with the Internal Audit SOX team and the Company's external auditors.
• Evaluate the operating effectiveness of internal controls over financial reporting.
• Work with finance, IT, and operations teams to ensure timely resolution of audit findings and control deficiencies.
• Stay updated on new SOX compliance guidelines and PCAOB requirements.
• Lead a team of 3-5 individual contributors to support the controls program.

Requirements

• Minimum 12 years of accounting experience, primarily in an audit or internal controls function.
• Previous experience leading high-performing teams.
• Experience driving results in a global organization.
• Active or inactive CPA required.
• Internal audit and/or experience managing a Sarbanes-Oxley program is a plus.
• Experience analyzing business processes and identifying areas for improvement and internal control optimization.
• Flexibility to manage multiple high-priority projects and re-prioritize critical issues as necessary.
• BS/BA in Business, Accounting, or similar.

Benefits

• Flexible work environment
• Employee share options
• Health insurance
• Life insurance
• Dental insurance
• Vision insurance
• Annual performance bonus
• Equity compensation