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
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)
Additional Location(s) | Pay Range:No other locations are assigned to this requisition currently.
Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.
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.
