PayPal Accounts Payable Supervisor in Singapore, Singapore

Accounts Payable Supervisorin Singaporeat PayPal

Date Posted: 7/6/2018

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Job Snapshot

  • Employee Type: Full-Time

  • Location:

  • Job Type:

  • Experience: Not Specified

  • Date Posted: 7/6/2018

  • Job ID: R0033707

About Us

HELP US REIMAGINE MONEY.

At PayPal, we believe that now is the time to democratize financial services so that moving and managing money is a right for all citizens, not just the affluent. We are driven by this purpose, and we uphold our cultural values of collaboration, innovation, wellness and inclusion as our guide for making decisions and conducting business every day. It is our duty and privilege to be customer champions and put those we serve at the center of everything we do.

We are one team that respects and values diversity of thought for everyone, everywhere, and we actively seek to create an energizing workplace that brings out the best in all of us. If you’re ready to shape the future of money, join the team at PayPal. We're proud to work here. You will be too.

Job Description

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 237 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo and Xoom enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies.

Within the Finance Operations team, this role is responsible for the supervision of Accounts Payable (AP) activities for the APAC region.

  • Responsible for the supervision of Accounts Payable (AP) operations for the APAC region, including the full cycle of AP activities: invoice receipt, invoice posting including correct GST/VAT capture, invoice payment and subsequent vendor query management, performance and reporting and month-end account reconciliation reviews.

  • Monitors the performance of the outsourcing team under a third party Business process outsourcing arrangement and acts as point of contact for escalations and a liaison with internal departments to improve customer service and resolve issues and concerns.

  • Provides interpretation and explanation to the outsourcing team on PayPal’s internal financial controls, ensuring that they are timely informed about and trained on policies and procedures, tax regulations, and related information.

  • Ensures that controls are in place and consistently applied in line with recommended internal SOX practices. Oversees the disbursements forecast process, audits and approves payments to vendors, employees and tax authorities in compliance with country laws and regulations in a timely and accurate manner.

  • Designs and presents statistical reports for management and stakeholders in the business units, comparing performance to agreed KPIs, quantifying potential risks, highlighting exceptions and analysing their root cause.

  • Assists the global process owner to revise, develop, and implement accounts payable policies and procedures by informing about APAC-specific regulatory and fiscal requirements.

  • Organises and holds trainings on AP-related matters to the wider stakeholder group (business units, controllership team, FP&A team, etc.).

  • Promotes continuous improvement of AP processes, manages regional priorities and projects to implement global strategies regarding automation, application of RPI and AI. Contributes to setting short and long range goals for the wider AP team and sets priorities for the APAC region.

  • Supports the outsourcing operations manager with staff direction and support, counseling and training, and provides feedback about performance for staff management and evaluation.

  • Performs other related duties as assigned or requested in support of the mission of the global AP team.

Required Qualifications:

  • Minimum of 5 years relevant accounts payable experience

  • Comprehensive knowledge of accounting principles applicable to accounts payable

  • Understanding of the internal control requirements associated with accounts payable

  • Demonstration of strong communication and customer service skills

  • Ability to work collaboratively, and function independently

  • Ability to build rapport with a team of internal stakeholders as well as virtual outsourcing staff

  • Ability to supervise a complex AP process for 10+ legal entities and assess performance for a group of 10+ outsourcing company employees

  • Proficiency with SAP AP module, MS Excel and PowerPoint

  • Project management and problem solving skills, ability to support implementation of new projects.

Preferred Qualifications:

  • Bachelor’s Degree in Accounting, Finance or Business Management & Administration from an accredited college or university

We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.

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.

R0033707

Individuals seeking employment at PayPal are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, or sexual orientation. You have the opportunity to provide the following information in order to help us comply with federal and state Equal Employment Opportunity/Affirmative Action record keeping, reporting, and other legal requirements.