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Senior Accountant, Consolidations & Reporting at Instacart
Finance / Legal | Full time
Job details
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 Director of Financial Accounting within the CAO organization. As part of a dynamic and growing finance organization, the Senior Accountant of Consolidations & Reporting will play a key role in the company’s global consolidation process, internal financial reporting and chart of accounts management. We are looking for a detail-oriented and technically strong accounting professional with expertise in consolidations, intercompany accounting, internal reporting and chart of accounts management to support the accurate and timely preparation of consolidated financial statements and provide critical insights to senior leadership.
About the Job
- 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
About You
Minimum Qualifications
- 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
Preferred Qualifications
- CPA (or equivalent)
- Proficiency with Oracle ERP systems and other financial systems (Floqast, Blackline, Splash BI and Adaptive)
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.
