Accounting Manager at Instawork

San Francisco, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Technology, Labor MarketplaceIndustries

Requirements

Minimum of 7+ years of progressive accounting experience, with 2+ years people management experience
Big four public accounting experience plus industry experience preferred
CPA preferred, but not required
Bachelor’s degree in accounting or equivalent
Proficiency in NetSuite, Airbase, Rippling
Intermediate to Advanced proficiency in Excel, Microsoft Office Suite, and G Suite
Thorough knowledge of generally accepted accounting principles (GAAP)
Ability to establish and implement policies and procedures to ensure compliance and process efficiencies
Demonstrates initiative to thoughtfully research and follow up on non-standard situations to ensure compliance with company and finance policies and procedures
Exercises independent judgment in assessing and performing intermediate to advanced accounting tasks
Excellent verbal and written communication abilities across all levels of the Company
Excellent management and supervisory skills
Must be comfortable handling confidential information (inferred from context)

Responsibilities

Manage general ledger accounts and related reconciliations, manage month-end close processes, and prepare financial, managerial, and compliance reporting
Prepare and review journal entries and account reconciliations for all GL accounts
Manage month-end close in NetSuite to ensure accurate and timely reporting
Supervise, manage, coach, and mentor the general ledger team
Prepare financial statements and supporting documentation to ensure compliance with GAAP and Company policies and procedures
Work with management and team members to foster understanding of accounting workflows across all Company's functional areas (sales, operations, etc.)
Ensure proper internal controls, including compliance with Company policies and procedures and all other statutory requirements
Assess current practices, policies, procedures, and make recommendations to improve internal controls and processes, ensuring the accuracy of accounting data
Streamline the month-end close and other accounting processes, reducing manual work and implementing AI to achieve efficiencies
Analyze data on operational costs to support management decision-making processes
Assist with preparing activity reports, variance analyses, financial forecasts, and budgets—support management during the budget and forecasting processes
Collaborate with FP&A on budget preparation and budget vs actual variance analysis
Coordinate with outside auditors and tax professionals to provide needed information including managing the preparation of year-end audit and tax work papers

Skills

NetSuite

General Ledger

Month-End Close

Journal Entries

Account Reconciliations

GAAP

Financial Reporting

Financial Statements

Instawork

Connects businesses with vetted hourly workers

About Instawork

Instawork connects businesses with over 5 million vetted short-term, seasonal, and temp-to-hire workers through its online platform. It primarily serves companies looking for hourly workers, offering a solution that is more efficient than traditional staffing agencies. The platform features an intelligent matching system that pairs businesses with suitable workers from its extensive database, supported by a rigorous vetting process to ensure reliability. This has led to a high demand for Instawork's workers, with 93% of businesses wanting them to return and a low 2% no-show rate. Businesses can view worker profiles and experience before they pick up shifts, and those looking for full-time employees can also search and hire from the database. Instawork generates revenue by charging businesses for connecting them with workers, and its importance grew during the pandemic, solidifying its market position.

San Francisco, CaliforniaHeadquarters

2015Year Founded

$144MTotal Funding

SERIES_DCompany Stage

Consulting, Consumer SoftwareIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Paid Holidays

Home Office Stipend

Phone/Internet Stipend

Commuter Benefits

Paid Sick Leave

Health Savings Account/Flexible Spending Account

401(k) Retirement Plan

Stock Options

Risks

Competition from gig economy platforms like Wonolo and Bluecrew is increasing.

Regulatory scrutiny over worker classification could impact Instawork's business model.

Economic downturns in hospitality may reduce demand for hourly workers.

Differentiation

Instawork offers an automated matching solution for hospitality professionals and businesses.

The platform connects businesses with over 5 million vetted short-term and seasonal workers.

Instawork's intelligent matching system ensures high demand and low no-show rates.

Upsides

Post-pandemic demand for flexible work solutions boosts Instawork's market relevance.

Acquisition of Able Jobs expands Instawork's tools and global market offerings.

Expansion into Phoenix and Savannah captures regional demand for flexible staffing.

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