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Benefits Financial Analyst

PayPal

PayPal

IT, Accounting & Finance
Kentucky, USA
Posted on Monday, November 13, 2023
At PayPal (NASDAQ: PYPL), we believe that every person has the right to participate fully in the global economy. Our mission is to democratize financial services to ensure that everyone, regardless of background or economic standing, has access to affordable, convenient, and secure products and services to take control of their financial lives.

Job Description Summary:
What you need to know about the role: We're expanding our global benefits team and this new role will be an important addition to help with overall benefits financial management and to influence the future of our strategic benefit spend. Meet Our Team: For this role, the Global Benefits team is looking for a Benefits Financial Analyst that has strong program management skills, financial acumen, can be flexible and navigate multiple priorities, is well organized, and can manage spend in a complex organization. The Benefits Financial Analyst will be responsible for the financial administration and processes for managing the global benefits spend, tracking and optimization across applicable benefits in all countries. This role will be a key liaison with the Finance and Procurement teams who are integral to our vendor payments, financial controls and program delivery and will also be responsible for bringing key insights and updates for review to senior leadership.

Job Description:
Your Way to Impact

The Benefits Financial Analyst will be responsible for the financial administration and processes for managing the global benefits spend, tracking and optimization across applicable benefits in all countries. This role will be a key liaison with the Finance and Procurement teams who are integral to our vendor payments, financial controls and program delivery and will also be responsible for bringing key insights and updates for review to senior leadership.

Your Day to Day

  • Serve as the subject matter expert for the global benefits financial management function: optimize the benefits financial management process, identify potential opportunities and gaps and ability to streamline, leverage external best practices, and expand and improve internal controls that are aligned across our key partners and stakeholders that partner on financial management and oversight.
  • Create an improved global benefit team approach to manage and support our Purchase Orders and invoice tracking. Purchase Order and invoice issue resolution (with the Procurement and Accounts Payable and Vendor Management teams)
  • Create Purchase Orders (PO), monitor approval status and maintain PO balance reports in partnership with the members of the global benefits team.
  • Assist with payment and funding options for new or renewed programs and benefits.
  • Collaborate with benefits team members and Procurement on the process to manage and plan for benefit contract implementation, renewals and financial system set ups.
  • Support Merger and Acquisition due diligence and company integrations (from a benefits spend perspective)
  • Support plan audits and plan reconciliations with financial insights and data
  • Lead optimization in how we manage, track, and report our benefits spend in each country (including creating a global benefits spend dashboard)
  • Build and maintain relationships with key internal contacts such as Payroll, Finance, and all other HR and extended teams, globally and in country, to facilitate collaboration across teams on financial matters.
  • Develop a global benefits spend dashboard, that is updated timely and shared with stakeholders
  • Demonstrate an ability to solve complex problems; lead cross-organizational efforts; build relationships across organization boundaries; commitment to quality and continuous improvement; detail oriented
  • Research and resolve issues with vendor payments for benefit programs/services invoices.
  • Partner with region and country benefit and finance teams on payment options and status.
  • Identify ad hoc and standard reporting needs and analyze benefit focused procurement data. Provide insights and recommendations.
  • Act as the primary point of contact for all benefits payment questions
  • Execution of various recurring benefits business processes, surveys, audits, third party risk management activities and testing, making recommendations for improvements and identifying inefficiencies.
  • Lead global vendor purchase order and overall spend tracking and alignment with set rates and budgets.
  • Support strategic benefit proposals with financial data and insights gained from managing the end-to-end benefits financial infrastructure


What Do You Need To Bring
  • 5-7+ years of Benefits, HR, or Finance experience ideally in a high-growth, scaling, technology environment.
  • Experience managing benefit programs, including international benefits preferable.
  • Experience with global/multi-national and matrixed organizations
  • Project leadership and process improvement background
  • Demonstrated ability to use sound business judgement when collaborating with stakeholders.
  • Proven analytical skills and a keen eye for detail
  • Proven ability to execute processes accurately and on time
  • Possess an innovative approach to problem solving
  • Independently manage and provide direction to external partners
  • A deep commitment to excellent customer service, empathy, and discretion.
  • The ability to communicate across diverse groups with clear, approachable, and friendly style
  • Flexibility, resiliency, speed, and grace under pressure.
  • Position requires understanding of PayPal’s global Standards of Business Conduct and compliance with these standards at all times. This includes demonstrating the highest level of ethical conduct reflecting PayPal’s core values.
  • We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don't hesitate to apply.


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:

To learn more about our culture and community visit https://about.pypl.com/who-we-are/default.aspx

PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering more than 400 million consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit paypal.com.

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.

As part of PayPal’s commitment to employees’ health and safety, we have established in-office Covid-19 protocols and requirements, based on expert guidance. Depending on location, this might include a Covid-19 vaccination requirement for any employee whose role requires them to work onsite. Employees may request reasonable accommodation based on a medical condition or religious belief that prevents them from being vaccinated.

REQ ID R0105979