Director, Bank Controller

Location: Utah, United States of America (Virtual)

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

The Director, Bank Controller is a Utah-based leader responsible for establishing and leading PayPal Bank’s controllership function. Reporting to the Bank CFO, the Director owns legal-entity books and records, accounting policy, close and balance-sheet controls, GAAP and regulatory reporting, ACL accounting, internal controls, and external audit coordination.

The Director is accountable for accurate, complete, timely, and auditable financial information and an accounting framework appropriate for an FDIC- and state-supervised industrial bank. The role retains authority over ledger integrity, accounting decisions, key journal entries, reporting certifications, and submissions, while overseeing affiliate and third-party services. The Director partners with Finance, Treasury, Risk, Legal, Tax, Operations, Technology, and Internal Audit and serves as the Bank’s accounting subject-matter expert for regulators and external auditors.

Job Description

Essential Responsibilities

• Manage a team of financial controllers and ensure their effective performance
• Perform risk assessments and identify improvements in the control and risk management framework
• Develop and maintain accounting and reporting processes in compliance with laws and regulations
• Monitor Key Performance Indicators and Key Risk Indicators to drive operational performance
• Ensure regulatory compliance of outsourced activities
• Manage the month close process and present reports to senior leadership
• As a finance leader, you will help shape the strategy for CAO and finance, and influence decision making of stakeholders across the enterprise.

Minimum Qualifications

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

Additional Responsibilities & Preferred Qualifications

Required Qualifications

Bachelor’s degree in Accounting, Finance, Business, or a related discipline (or equivalent combination of education and experience); active CPA license required.

10+ years of progressive accounting and controllership experience, including meaningful experience within an insured depository institution or comparable regulated banking environment.

5+ years in a senior management or Director-level role with responsibility for accounting teams, financial reporting, regulatory reporting, and first-line controls.

Deep knowledge of bank GAAP and regulatory accounting, including Call Report preparation, standalone bank financial statements, CECL/ASC 326, investment securities, loan, deposit and payments accounting, regulatory capital, and intercompany accounting.

Demonstrated experience with close and reconciliation governance, accounting policy, ICFR, external audit, control-deficiency evaluation, and Part 363 or SOX environments.

Experience with bank accounting systems, general ledgers and subledgers, data lineage, interface controls, and oversight of activities delivered through affiliate or third-party service arrangements.

Direct experience supporting banking regulators and communicating complex accounting, data, control, and service-provider matters to auditors, executives, technologists, and Board-level stakeholders.

Preferred Qualifications

• Experience with a de novo bank charter, industrial bank buildout, bank conversion, acquisition, or comparable financial-institution transformation.
• Big Four or other major public-accounting experience serving banks or financial institutions.
• Experience with affiliate-supported or outsourced operating models, including service governance, performance monitoring, Regulation W, TPRM, SOC reports, and contingency planning.
• Experience with merchant and/or consumer lending, digital deposits, acquiring and settlement accounting, bank regulatory-reporting platforms, and CECL production.

Subsidiary

PayPal

Travel Percent

10

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The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:

Primary Location | Pay Range

Utah - (Virtual): ($152,500.00 - $226,600.00 Annually)