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Full-Time

Payroll Accountant

Posted on 6/27/2024

Instabase

Instabase

201-500 employees

AI-powered data analysis and automation platform

Consulting
Government & Public Sector
Enterprise Software
AI & Machine Learning
Financial Services
Defense

Compensation Overview

$119k - $125kAnnually

+ Bonus + Equity

Mid

San Francisco, CA, USA

Category
Payroll Accounting
Accounting
Required Skills
NetSuite
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting or finance or equivalent years of experience
  • 3+ years of experience as a payroll professional
  • Comfort in a fast-paced startup environment and efficient at time-management as well as stellar organizational skills
  • Experience with payroll, reconciliations, compliance and intercompany transactions
  • Strong payroll background with a thorough knowledge of Microsoft Excel
  • Experience working in Netsuite ERP or similar ERP
  • A plus, but not required: CPP Certificate
Responsibilities
  • Lead global payroll processing and accounting
  • Maintain confidentiality and accuracy in payroll processing
  • Calculate net salaries, deductions, leaves, withholdings, and process overtime earnings or holiday deductions
  • Ensure accuracy of payroll and tax documents
  • Update general ledger and payroll files
  • Resolve payroll problems and answer employee questions
  • Ensure compliance with governmental laws on payroll accounting and taxes
  • Help shape workflows for month-end close
  • Provide actionable insights and data for optimal business decisions
  • Lead payroll compliance and audits
  • Contribute to financial statement audits and special projects

Instabase provides a leading AI Hub platform that enhances data analysis, content summarization, and workflow automation using generative AI technologies. It integrates cutting-edge AI with industry know-how, providing transformative solutions for diverse sectors. This creates an environment where professional growth is supported by continuous technological advancement and innovation, fostering an atmosphere of learning and development, which makes it a distinguished place to work.

Company Stage

Series C

Total Funding

$177M

Headquarters

Bengaluru, India

Founded

2015

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-9%

2 year growth

-23%
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Simplify's Take

What believers are saying

  • Instabase's AI solutions are already being utilized by four of the top five banks, indicating strong market penetration and trust.
  • The company's expansion into India under the leadership of Deepak Sharma suggests significant growth potential in emerging markets.
  • Instabase's groundbreaking Conversational AI for cross-document reasoning and its own version of LLM based on LLaMa2 model highlight its commitment to continuous innovation.

What critics are saying

  • The competitive landscape in AI and unstructured data processing is intense, requiring Instabase to continuously innovate to maintain its edge.
  • Rapid expansion, such as the move into India, could strain resources and operational capabilities if not managed effectively.

What makes Instabase unique

  • Instabase's AI Hub uniquely focuses on unlocking unstructured data across various formats, setting it apart from competitors who may not offer such comprehensive data processing capabilities.
  • The company's partnerships with industry leaders like Resistant AI and Burnie Group enhance its AI capabilities, providing a competitive edge in document fraud detection and workflow automation.
  • Instabase's recognition by prestigious organizations like Goldman Sachs and Forbes underscores its innovative approach and market leadership.

Benefits

Healthcare and Wellness - We marry the benefits of moving fast at a scaling startup with the stability of larger corporations. Instabase pays 100% of top tier employee medical, dental, vision plans and takes care of dependents. Instabase also offers an FSA company match.

Financial Planning - Instabase believes in investing in you and your future by providing a company 401(k) match and financial planning resources.

Family Planning - Every Instabaser is eligible for paid time off to care for their newborn or adopted child. We’ve also teamed up with Carrot Fertility to help support every Instabaser on their family forming journey.

Paid Time Off - At Instabase, we believe in providing employees the ability to rest, reflect, and recharge through unlimited paid time off and holidays.

INACTIVE