Manager, Tax 3

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Company: PayPal

Location: Omaha, NE 68104

Description:

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 Description Summary:
The Senior Manager in Tax, Customer Information Reporting, will ensure overall compliance with reporting, remediation and change management initiatives related to information reporting and withholding tax rules and processes (including FATCA, CRS and 1099) and function as the subject matter expert on data and data governance matters related to information reporting.

The successful candidate will be able to work with cross functional partners to prepare and review domestic and international information returns submitted to the IRS and foreign revenue authorities.

Job Description:
  • Manage large scale data preparation and processing of information returns for a high-volume third-party settlement organization.
  • Support transformation initiatives related to data unification, system development and remediation activities to ensure regulatory compliance, process improvements and risk mitigation.
  • Integrate new product due diligence and reporting requirements.
  • Maintain highly effective partnerships with impacted business areas and related processes that impact compliance related to information reporting for 1099-K, 1099-C, 1099-B, 1099-INT, 1099-DA, FATCA and CRS.
  • Analyze data to determine the completeness and accuracy of data sets used for information returns and reviews. Ensure timely reporting and proactive mitigation of data to reduce regulatory risk.
  • Manage vendor relationships and work to ensure accuracy of data received and submitted to revenue authorities.
  • Develop data governance model and best practices related to standardization of data dictionaries, systems, and information sourcing.
  • Create and maintain data mapping of source system data to ensure accurate data for business and regulatory usage.
  • Identify and participate in system enhancements and process re- engineering to achieve better controls, increase efficiencies, and improve processes, dashboards, and analytics products.
  • Support ongoing review, implementation and lookback activities related to the implementation of information reporting regimes, new products, and acquisitions.
  • Effectively assess external customer and internally directed complaints and inquiries for potential compliance impacts and work with the appropriate Compliance contacts, customer response teams, and/or line of business associates to identify regulatory issues and help businesses resolve customer concerns.
  • Support internal personnel with responses to Internal Revenue Service notices, assessments, and requests for information.


Qualifications
  • BS/BA from an accredited institution and MST, MBA or JD preferred.
  • 10+ years of financial services compliance experience.
  • 5+ years experience with IRS rules, regulations, and guidance relating to all types of US and global information reporting and/or back-up withholding regimes. AML/KYC experience preferred.
  • 3+ years of financial services compliance and monitoring experience.
  • Detailed knowledge of processes used to fulfill IRS information reporting requirements and electronic filings, corrections, B-notices.
  • Proven experience using data to inform decision making.
  • Strong project management skills.
  • Analytical and verbal and written communications skills.
  • Ability to work and communicate well with various levels of management.
  • Proficiency with Excel, Teradata, SQL.


Additional Job Description:

Subsidiary:
PayPal

Travel Percent:
0

PayPal is committed to fair and equitable compensation practices.

Actual Compensation is based on various factors including but not limited to work location, and relevant skills and experience.

The total compensation for this practice may include an annual performance bonus (or other incentive compensation, as applicable), equity, and medical, dental, vision, and other benefits. For more information, visit https://www.paypalbenefits.com.

The U.S. national annual pay range for this role is
$99300 to $216040

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 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:

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 talentaccommodations@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.

Notice to Applicants and Employees who reside within New York City. Click here to view the notice.

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