Director of Tax Provision & Compliance, Instacart
$187-250k
Salary dependent on candidates location + Equity
Online grocery marketplace and grocery tech platform
Open for applications
Online grocery marketplace and grocery tech platform
1001+ employees
Open for applications
$187-250k
Salary dependent on candidates location + Equity
1001+ employees
Company mission
To create a world where everyone has access to the food they love and have more time to enjoy it together.
Role
Who you are
- 15+ years of progressive tax experience, with expertise in ASC 740, SBC, Section 174, R&D tax credits and tax compliance
- Background in public accounting (Big 4 preferred) and/or corporate tax in a multinational public company
- Strong understanding of global tax compliance and reporting issues
- Bachelor's degree in Accounting, Finance, or related field required; CPA and/or MST (Master’s in Taxation) strongly preferred
- Demonstrated ability to lead high-performing teams and manage a large-scale tax provision and compliance function
- Expert-level knowledge of U.S. GAAP, international tax principles, and related reporting requirements
- Proven track record of process improvement, including the use of tax technology to drive efficiencies
- Ability to work under tight deadlines in a fast-paced, ever-changing environment
- Excellent analytical thinking, communication, and relationship-building skills
- Demonstrated ability of cultivating talent, fostering both technical excellence and interpersonal growth
- Positive attitude and enthusiasm for Instacart
What the job involves
- We are seeking a Director to lead our tax provision and compliance team.
- This pivotal role involves leading the daily execution and ongoing development of both U.S. and foreign income tax provision and compliance processes.
- You will collaborate closely with key internal partners from Controllership, Finance, Strategy, Legal, Internal Audit, Investor Relations, and Treasury, to optimize tax structures, manage effective tax rates, optimize cash tax flows, and minimize risks and tax exposures.
- This role reports directly to the Head of Tax and includes three direct reports
- Own the preparation and review of the quarterly and annual tax provision in compliance with ASC 740, FIN 18, and other related standards
- Manage all aspects of global income tax reporting, including deferred tax assets/liabilities, valuation allowances, uncertain tax positions, and effective tax rate calculations
- Support documentation and tax research for income tax strategies, policies and positions
- Oversee forecast modeling with respect to future effective tax rates and cash taxes in collaboration with FP&A
- Oversee the preparation and filing of federal and state tax income tax returns
- Ensure timely and accurate return-to-provision reconciliation adjustments
- Partner with key teams to prepare tax disclosures for SEC filings (e.g., 10-K, 10-Q) and other financial statements
- Monitor and analyze legislative and regulatory changes, assessing their impact on the organization's tax positions and financial statements
- Lead process optimization initiatives, including evaluating and implementing tax technology tools for greater efficiency and accuracy
- Establish and maintain SOX-compliant internal controls related to tax reporting and compliance
- Provide technical leadership and mentorship to tax staff, managing performance and fostering professional development
- Represent the tax team in discussions with external auditors, advisors, and relevant authorities as needed
- Manage, mentor, and develop a team of tax professionals to maximize their performance and career growth, fostering a culture of continuous learning and collaboration
- Support the business on ad-hoc tax inquiries and various non-income tax analyses and filings on an as-needed basis
- Manage and oversee income tax audits and inquiries, working closely with external advisors and internal stakeholders to address and resolve issues
- Drive R&D tax credit studies, ensure compliance with applicable regulations, and collaborate with relevant teams to optimize credit opportunities
Our take
Instacart is an online grocery marketplace that operates a pick-up and delivery system in the US and Canada. Unlike standard grocery shopping, Instacart sends a “personal shopper” to your local store to buy your products, who then delivers them straight to your door on the same day via their own car. The company also supplies the Instacart Platform, with services for stores encompassing eCommerce, fulfilment, in-store, ads, and insights.
The increased modernization of society has meant more than ever that consumers are looking to buy their groceries online, making space for apps like Instacart to become daily life staples for years to come. Although the company must compete with other grocery store delivery services, such as Walmart’s own, it has expanded to cover large percentages of US and Canadian households, and is now aligned with over 1,500 retail banners across more than 85,000 locations.
With an expanding partnership with Kroger, Instacart continues to demonstrate why it's a leader in the gorcery delivery space. By powering fast, reliable delivery from neary 2,700 stores and introducing tools like the AI-powered Cart Assistant, Instacart isn't just enhanceing the way millions of families shop but also shaping the future of personalized, convenient grodery expericnes. This deepening collaboration underscores Instacart's ability to drive growth and deliver value to both customers and partners.
Steph
Company Specialist at Welcome to the Jungle
Insights
7% employee growth in 12 months
Company
Funding (last 2 of 15 rounds)
Nov 2021
$232m
LATE VC
Mar 2021
$265m
LATE VC
Total funding: $2.9bn
Company benefits
- Wellness Tailored to You: Medical, dental, vision, retirement, life & disability coverage right alongside physical & mental wellness programs, memberships and stipends to keep you and your family feeling your best.
- Family Building Benefits: No matter where you are in your family journey, we support you. Our plans cover modern family planning for all. We offer leave for all parents, flexible working schedules and an active Parents@ community.
- Work From Home Stipend: We help outfit your WFH setup and offer reimbursements so you can be your most productive while at home.
- Flexible Time Off: We all recharge differently. Take the time you need with our flexible time off policy and company-wide Self-Checkouts where we encourage everyone to sign off.
- Learning & Development: Whether you're just starting your career or leading teams, we provide customized L&D programs to help you grow and an annual allowance to pursue your development.
- Future Planning: We have you covered as you plan for your future. 401(k) matching in the US and RRSP in Canada, student loan assistance through Peanut Butter, free Rocket Lawyer membership, SoFi & First Republic financial planning and more.
- Four Year Fill-Up: We encourage our tenured employees to take longer breaks and truly unplug by doing something they love – typically four consecutive weeks around the four year mark.
- Community Connection: Support the communities you care about with volunteer weeks and get involved with our social impact program, Instacart Serves.
- Instacart Express Membership: We help keep your fridge stocked. Unlock grocery discounts with our Instacart Beta app while testing our latest features.
Company HQ
The East Cut, San Francisco, CA
Leadership
Apoorva Mehta
(Co-Founder & Chairman)Studied Electrical Engineering at University of Waterloo. Worked in Fulfillment Optimisation SDE at Amazon.com before going on to co-found Instacart.
Brandon Leonardo
(Co-Founder)Interned at Cisco Systems as an IT Engineer. Later became a Senior Web Developer at Webs and then a Venture Hacker at Angel List.
Share this job
View 93 more jobs at Instacart