About the role
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.
Overview
We are seeking a strategic and detail-oriented leader with deep expertise in technical revenue accounting principles to join our team. The ideal candidate will bring a strong technical accounting background paired with the ability to partner and communicate effectively with external stakeholders to drive desired business outcomes. This role is critical in ensuring new and existing revenue arrangements and policies are assessed and are in compliance with US GAAP while driving continuous process improvements and delivering valuable insights to senior management.
This role reports to the Senior Manager of Technical Revenue Accounting within the Chief Accounting Officer (CAO) organization. The Technical Revenue team works closely with Finance, Legal, BD, and other business units to ensure compliance with accounting standards, SEC regulations, and internal policies. The team also plays a pivotal role in delivering accurate and strategic communications to external stakeholders.
About the Job
- Research and provide detailed insights and guidance regarding the accounting treatment of various proposed contracts and product offerings in accordance with ASC 606
- Analyze customer contracts to identify key terms and ensure appropriate accounting treatment in accordance with ASC 606
- Draft, and maintain technical accounting memos and policies to support revenue accounting conclusions for new and existing product lines
- Collaborate with external auditors to provide documentation for policy positions in support of quarterly reviews and annual audits
- Collaborate cross functionally with Finance, Deal Desk, Legal, Sales, Product, and Engineering teams to advise on new contracts and products
- Own review of quarterly SOX contract controls
About You
Minimum Requirements:
- Bachelor’s degree in Accounting or Finance; CPA certification required
- 7+ years of progressive accounting experience in both public accounting and industry with a focus on revenue recognition
- Strong knowledge of US GAAP with a focus on ASC 606 and ASC 340
- Exceptional written and verbal communication skills with the ability to influence collaborate effectively with stakeholders across all levels
- High attention to detail and commitment to completeness, accuracy, and integrity in financial reporting
Preferred Requirements:
- Direct experience with public marketplace and/or SaaS companies
- Ability to adapt quickly and simultaneously manage multiple projects to a fast-paced and dynamic environment
#LI-Remote
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.
Aplyr's read
Instacart revolutionizes grocery shopping with its online delivery service, attracting innovative tech and operations professionals who thrive in a fast-paced environment.
What's promising
- •Instacart offers a dynamic work environment with roles in cutting-edge AI and data engineering.
- •The company partners with a wide range of retailers, enhancing market reach and customer choice.
- •Instacart's focus on same-day delivery meets the growing consumer demand for convenience.
What to watch
- •Instacart faces intense competition from other grocery delivery services and retail giants.
- •The company's reliance on gig workers raises concerns about labor practices and worker satisfaction.
- •Profitability remains a challenge in the low-margin grocery delivery industry.
Why Instacart
- •Instacart's integration with local retailers provides a personalized shopping experience.
- •The company is at the forefront of AI-driven grocery solutions, enhancing operational efficiency.
- •Instacart's Caper acquisition highlights its commitment to innovative in-store technology.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Instacart
Instacart is an American grocery delivery and pick-up service that partners with various retailers to provide customers with a convenient way to shop for groceries online. By offering same-day delivery and pick-up options, Instacart has transformed the grocery shopping experience, making it easier for consumers to access their favorite products from local stores.
