Full-Time

Senior Accountant

Consolidations & Reporting

Confirmed live in the last 24 hours

Instacart

Instacart

10,001+ employees

Online grocery delivery service with personal shoppers

Food & Agriculture
Consumer Goods

Compensation Overview

$95k - $127kAnnually

+ Equity Grant + Annual Refresh Grants

Senior

Remote in USA

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Financial analysis
Oracle
Requirements
  • BA/BS degree in Accounting, Finance or related field
  • 3+ years of progressive accounting experience, with a strong focus on consolidations, intercompany accounting, internal financial reporting, foreign currency and chart of accounts management
  • In-depth knowledge of US GAAP and specific experience in consolidation accounting, intercompany eliminations, financial statement preparation and internal reporting
  • Experience with multinational organizations, including managing global consolidation processes and reporting across diverse business units and regions
  • Strong technical skills in accounting, financial analysis and internal reporting processes
  • Experience with chart of accounts management, including maintaining consistency and integrity across the organization’s reporting structure
  • Proven ability to manage multiple priorities and meet tight deadlines in a fast-paced, dynamic environment
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and senior leadership
  • Experience with financial statement audits and coordination with external auditors
  • CPA (or equivalent)
  • Proficiency with Oracle ERP systems and other financial systems (Floqast, Blackline, Splash BI and Adaptive)
Responsibilities
  • Oversee the timely and accurate preparation of consolidated financial statements for the organization, ensuring compliance with US GAAP
  • Supervise the reconciliation of intercompany balances, eliminations and adjustments as part of the consolidation process
  • Prepare, review and distribute internal financial reports, including management reports and detailed analysis of consolidated financial results to support decision-making by senior leadership
  • Maintain and manage the company’s chart of accounts structure to ensure alignment with business needs and accounting standards, facilitating accurate and efficient consolidation and reporting processes
  • Review and record monthly consolidation entries, including the elimination of intercompany transactions, ensuring proper treatment of acquisitions, mergers and joint ventures
  • Assist in the preparation of quarterly and annual consolidated financial statements, including supporting schedules, disclosures and management reports
  • Continuously identify opportunities to streamline and improve the efficiency of the consolidation process, ensuring timely and accurate reporting
  • Assist in the preparation of audit schedules and support external auditors during quarterly reviews and year-end audits, ensuring proper accounting for consolidation and reporting
  • Partner with tax, treasury, strategic finance and other departments to ensure accurate data flow and proper alignment of financial information in internal reports and the consolidation process
  • Contribute to the development and updates of accounting policies and procedures related to consolidations, chart of accounts management and internal reporting to ensure compliance with evolving accounting standards and business practices
  • Oversee the accounting for foreign currency transactions and translations, including the application of proper exchange rates and ensure accurate reporting of foreign subsidiaries and financial results in accordance with US GAAP

Instacart operates in the online grocery delivery market, allowing customers in North America to order groceries from local stores and chain retailers through its website or app. Customers place orders, and personal shoppers in their area pick, pack, and deliver the items, offering options for home delivery or store pickup. Instacart generates revenue through delivery fees, a subscription service called Instacart Express for unlimited free deliveries, service fees on orders, and in-app advertising from retailers and brands. The company stands out by providing same-day delivery and a 100% quality guarantee on every order, with access to a vast catalog of 1 billion products from over 500 retailers and local grocers. Instacart's goal is to be a reliable and convenient grocery delivery service, having successfully delivered millions of orders across the U.S. and Canada.

Company Stage

IPO

Total Funding

$2.8B

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

8%

2 year growth

21%
Simplify Jobs

Simplify's Take

What believers are saying

  • Instacart's collaboration with major brands and health systems can lead to diversified revenue streams and enhanced service offerings.
  • The company's leadership in the North American market and extensive retailer network provide a strong foundation for continued growth and market dominance.
  • Innovative advertising solutions, such as shoppable ads on YouTube, can significantly boost Instacart's ad revenue and attract more brand partnerships.

What critics are saying

  • Negative customer experiences, such as overcharging issues, can damage Instacart's reputation and customer trust.
  • Legal issues, like the lawsuit involving actress Angie Harmon, can lead to financial and reputational damage.

What makes Instacart unique

  • Instacart's extensive network of over 500 retailers and local grocers provides unparalleled product variety and availability compared to competitors.
  • The company's partnerships with major brands and health systems, such as Northwell Health and Welldoc, extend its service offerings beyond traditional grocery delivery.
  • Instacart's integration with platforms like YouTube for shoppable ads showcases its innovative approach to retail media and advertising.

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Benefits

Go far together

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Roll up your sleeves

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