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Accounting Manager II - Corporate Accounting

Instacart

Instacart

Accounting & Finance
United States · Remote
Posted on Nov 19, 2024

We're transforming the grocery industry

At Instacart, we invite the world to share love through food because we believe everyone should have access to the food they love and more time to enjoy it together. Where others see a simple need for grocery delivery, we see exciting complexity and endless opportunity to serve the varied needs of our community. We work to deliver an essential service that customers rely on to get their groceries and household goods, while also offering safe and flexible earnings opportunities to Instacart Personal Shoppers.

Instacart has become a lifeline for millions of people, and we’re building the team to help push our shopping cart forward. If you’re ready to do the best work of your life, come join our table.

Instacart is a Flex First team

There’s no one-size fits all approach to how we do our best work. Our employees have the flexibility to choose where they do their best work—whether it’s from home, an office, or your favorite coffee shop—while staying connected and building community through regular in-person events. Learn more about our flexible approach to where we work.

About the Team


This role reports to the Senior Manager of General Accounting within the CAO organization, who is responsible for the organization's general accounting functions. This manager will oversee all accounting related to internally developed software, fixed assets, inventory, and accrued expenses. We're seeking someone who is eager for a challenge and willing to roll up their sleeves to help drive change.

About the Job

  • Oversee accounting for capitalized website development projects, ensuring accurate capitalization and compliance with relevant accounting standards
  • Manage fixed asset accounting, including acquisition, depreciation, and disposal processes, ensuring compliance with GAAP
  • Supervise inventory accounting, including valuation, costing, and reconciliations to support effective inventory management
  • Oversee accounting functions for insurance, including policy tracking, premium allocation, and claims processing
  • Prepare and review detailed schedules and reports to support financial statements and disclosures related to capitalized projects, fixed assets, inventory, and accruals
  • Collaborate with cross-functional teams (e.g., Product Development, Procurement, and Operations) to ensure seamless data integration and accurate reporting
  • Serve as a key contact for inquiries related to capitalized website development, fixed assets, inventory, and insurance accounting
  • Utilize and maintain accounting software and systems relevant to capitalized projects and asset management
  • Ensure timely period-end closing and operational activities in accordance with US GAAP standards
  • Review monthly journal entries related to fixed assets, inventory, and insurance, along with related balance sheet reconciliations
  • Monitor and update accounting policies to ensure consistency with GAAP and address changes in business practices
  • Track the completion of internal controls and manage escalation processes with relevant business partners
  • Prepare and review monthly management reports, analyses, and ad hoc reporting as needed
  • Assist with compliance and audits as required
  • Provide consultation to business partners on accounting issues related to capitalized projects and asset management

About You

Minimum Qualifications

  • BA/BS degree in Accounting or Finance
  • 7+ years of progressive accounting experience, focusing on capitalized costs, fixed assets, inventory, and accrued expenses
  • Strong knowledge of GAAP and relevant accounting standards
  • Experience in a fast-paced, growth-oriented organization
  • Excellent analytical skills and attention to detail
  • Strong communication and interpersonal skills, with the ability to collaborate effectively across teams

Preferred Qualifications

  • CPA (or equivalent)
  • Prior exposure to high-growth, fast-paced startup environments

Instacart provides highly market-competitive compensation and benefits in each location where our employees work. This role is remote and the base pay range for a successful candidate is dependent on their permanent work location. Please review our Flex First remote work policy here.

Offers may vary based on many factors, such as candidate experience and skills required for the role. Additionally, this role is eligible for a new hire equity grant as well as annual refresh grants. Please read more about our benefits offerings here.

For US based candidates, the base pay ranges for a successful candidate are listed below.

CA, NY, CT, NJ
$149,000$165,000 USD
WA
$142,000$158,000 USD
OR, DE, ME, MA, MD, NH, RI, VT, DC, PA, VA, CO, TX, IL, HI
$137,000$152,000 USD
All other states
$123,000$137,000 USD