Manager: R2R – Cash and Bank, Treasury Accounting

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:

We are seeking a Record‑to‑Report (R2R) Manager with strong expertise in Cash and Bank and Treasury Accounting. The role includes overseeing bank reconciliations, clearing bank open items, posting cash and treasury journal entries, and supporting a timely, controlled month‑end close. It also covers key treasury activities such as global cash management, FX, and investments.
The role drives accuracy, compliance, and efficiency across cash and treasury processes using ERP systems such as SAP ECC or SAP S/4HANA and tools like Blackline, while supporting automation and process improvements.

You will ensure accuracy of cash and treasury balances in the general ledger, improve reconciliations and cash accounting, clear open items, support close activities, implement treasury best practices, manage liquidity, collaborate with treasury leaders and internal teams, and streamline journals, reconciliations, and reporting to enable faster close.

Job Description:

Essential Responsibilities:

• Take ownership of key Treasury processes such as corporate cash management or FX risk management activities.
• Partner with internal constituents to solve corporate cash management issues.
• Leading junior treasury team members for professional growth.
• Institute and socialize BCP/BIA processes and planning.
• Maintain and manage Treasury Workstation usage, optimization, testing, and upgrades.
• Integrate acquisitions and standardize policies across the organization.
• Provide oversight of intercompany loans and other Treasury Policies.
• Identify automation initiatives for daily operations efficiency.
• Collaborate with Risk and Compliance teams for regulatory and licensing compliance.

Minimum Qualifications:

• 5+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.

Your Day-to-Day

• Perform end-to-end R2R activities for cash and bank accounting & Treasury including daily/periodic postings and month-end close deliverables

• Prepare/review, post, journal entries related to cash movements, bank charges/interest, treasury activities & accounting for fx trades, hedging and deposits etc. and process in line with accounting policies

• Execute bank reconciliations clear bank open items, and ensure timely resolution of breaks with strong root-cause analysis

• Operate and maintain account reconciliations in Blackline (end-user), including preparation, substantiation, aging reviews, and certification within defined timelines

• Investigate variances between bank statements, sub-ledgers, and GL; coordinate resolution with Treasury, AP/AR, Payroll, and local finance teams as required

• Support cash-related controls and compliance requirements (including SOX where applicable), ensuring proper documentation, approvals, and audit trails

• Drive/support process improvements and automation in finance operations using advanced Excel (Power Query/pivots), VBA/macros, bots/RPA tools, or workflow enhancements to reduce manual effort and errors

• Maintain and improve standard operating procedures (SOPs), checklists, and close calendars for cash/bank and treasury accounting processes

• Partner with internal/external auditors by providing reconciliations, support schedules, and evidence; address audit queries with strong documentation and responsiveness

• Support ERP enhancements or transitions (SAP ECC to SAP (S/4HANA)), including testing, process mapping, and hyper care support as needed

What You’ll Bring

• 12+ years of relevant experience in R2R accounting with specialization in Cash and bank accounting, treasury and bank reconciliations with overall up to 16 years of experience in record to report

• Bachelor’s/master’s degree in accounting or finance or equivalent qualification. CA or CMA is a plus

• Hands-on experience with SAP ECC and/or SAP (S/4HANA) for GL postings, cash/bank processes, accounting for fx trades, hedging and deposits and month-end activities

• Blackline experience as an end-user (reconciliations/tasks preparation/certification)

• Advanced Excel skills (pivot tables, complex formulas, reconciliation models, large data handling); exposure to Power Query/Power Pivot is a plus

• Demonstrated experience delivering process improvements and/or automation using Excel VBA/macros, Bots/RPA tools, or workflow optimization is a plus

• Strong accounting fundamentals, attention to detail, and ability to manage multiple deadlines during close

• Flexible to cover calls for America time zone during the month end close

• Experience in team handling, performance review and drive the team towards common objective

• Strong analytical skills with ability to interpret bank/GL data, identify exceptions, and drive issues to closure and make preventive measures

• Clear communication and stakeholder management skills across Finance, Treasury, and operational teams

Subsidiary:

PayPal

Travel Percent:

0

PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes.  Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately.  To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us. 

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 comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.

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 paypalglobaltalentacquisition@paypal.com.  

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.