Revenue Accounting Manager - Retailer
Job Description
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
This Revenue Accounting Manager position provides an opportunity to manage a great team. You will be part of a highly collaborative team which partners with Legal, Sales, Product, Data, and Accounting Operations to ensure the monthly, quarterly, and yearly revenue numbers are complete and accurate. You will join an environment that favors agility, initiative, and creative thinking. As a manager you will be responsible for the effective execution of the steps required to recognize revenue in accordance with ASC 606 for B2B retail customers, and for maintaining an energized and positive work environment. Within the retailer revenue accounting team, there are 3 pillars (US & Consolidation, International & New Business, Technical Accounting). You will lead the team in the International & New Business pillarÂ
The perfect candidate that will thrive in this role will have in-depth technical revenue accounting knowledge of ASC 606, excellent business acumen and operational knowledge and a passion for working with cross functional teams to build out accounting processes.Â
ABOUT THE JOB
- Manage month end and quarter end revenue close activities including preparing/reviewing journal entries, reconciliations, analytics, and financial reporting for internal and external reporting in accordance with U.S. GAAP for assigned areasÂ
- Partner with the Financial Systems team to manage the end-to-end process of identifying and resolving system/data related revenue recognition issues, including testing proposed solutions and validating the expected outcomes.Â
- Design and implement accounting processes for month end close relating to new business initiatives while promoting a strong control environment with cross functional stakeholders
- Establish and maintain formal accounting policies, practices, procedures, and process improvements in accordance with ASC606 and SOX
- Perform contract analysis reviews and document reviews following ASC 606 Accounting Standards
- Work diligently on finding solutions to critical issues, lead special projects as needed, and drive issues/projects to successful completion
- Clearly understand the “why” and “how” and guide the team to solve problems
- Understand Revenue and Order to Cash business processes to drive process improvements
- Work to continuously improve the automation of the revenue recognition processes and system efficiencies.
- Participate in revenue accounting audit and providing PBC support
ABOUT YOU
We rely on our values to guide our decisions: Go Far Together, Roll Up Your Sleeves, Grow the Pie, Put it all on the Table, Serve Generously. What does this mean for your role? We are looking for someone who has:
- Bachelor's degree in Finance, Accounting, Economics, or related fields with 5+ years of relevant experience in Accounting or Finance
- 2+ years of management experience managing a team of 3+
- In-depth knowledge of ASC 606 Revenue from Contracts with CustomersÂ
- 2+ years of experience performing revenue accounting at a multi-country, multi-currency enterprise
- Experience in both a high growth, fastÂ-paced startÂup environment and established public company setting is highly preferred with expert ability to switch between competing initiatives as needed and build out processes
- Strong written, oral communication, analytical and interpersonal skills
- Intermediate to advanced experience with MS Word / Excel
- CPA and public accounting experience is a plus
- IFRS accounting experience is a plus
- Experience with Oracle Cloud is a plus
Bonus if you have....
- Experience with Oracle Cloud Financials, SAP or other major ERP system
- Experience with Zendesk or Jira, Salesforce, SpringCM
Accommodations & Accessibility
At Instacart, we strive to create an accessible and inclusive experience for all candidates. If you need assistance submitting an application through our career site due to a disability, please submit an Accommodations Request Form and someone from our team will reach out soon to see how we may be able to assist.
Date Posted
09/16/2022
Views
8
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