Senior Manager/Associate Director - Finance

at Instawork — A flexible work app that connects businesses with hourly workers.

Bengaluru, KA, IN / Bengaluru, Karnataka, INFull-time6+ yearsYC-S15

What the role involves

Instawork is on a mission to create meaningful economic opportunities for skilled hourly professionals in communities around the globe. Our AI-powered labor marketplace helps local businesses scale, and enables global technology companies to push the frontiers of robotics and AI. Backed by world-class investors like Benchmark, Spark Capital, Craft Ventures, Greylock, Y Combinator, and others, we’re looking for exceptional talent to reimagine the way the world works.

As Senior Manager/Associate Director of Finance at Instawork India, you will own and oversee the finance/accounting team for Instawork India, which is a wholly owned subsidiary of Instawork (U.S. company - www.instawork.com).  Additionally, you will own the Accounts Receivable for the U.S. company, including managing AR collections analysts.  You will report directly to the U.S. Controller, but also work closely with the Country Head of Instawork India.

You would be responsible for end-to-end financial management domestically, including payroll, accounts payable, all corporate accounting, including the month-end close, regulatory/compliance and financial reporting, budget, and forecasts preparation for Instawork’s Indian Entity.

You will partner with the Country Head and help design and implement various internal policies for finance, expenses, and budgeting.  You will also ensure that the Indian Entity is compliant with all the prevailing laws and regulations of the country and proactively advise the management of any changes in regulations.

Additionally, you would be working with the global finance team to help achieve other business goals as determined by the U.S. CFO and U.S. Controller from time to time.

Accounting

Lead and Own U.S. Accounts Receivable for the Company

Initiate best-in-class global support of the month-end close, year-end close, and audit support

Financial management, including corporate accounting, regulatory and financial reporting, budget, and forecasts preparation

Own end-to-end accounting, payroll, and bookkeeping for the Indian entity, along with expense management and vendor payments

Calculation and remittance of monthly statutory payments and Taxes eg, TDS PF, ESI, PT etc

Preparation of financial statements and the company’s monthly MIS reports

Coordination with Statutory auditors, external consultants, banks and other government agencies

Preparation and filing of the company’s GST and Income tax returns

Preparation & submission of quarterly and annual returns

Help design and implement various internal policies for finance, expenses, and budgeting

Assist with Global accounting and reporting in conjunction with the U.S. CFO and U.S Controller

Supervise, mentor, and guide the India finance team (2 personnel) and the AR collections analysts (3 personnel)

Compliance

Own end to end compliance for the Indian entity including Financial Audit, RBI, STPI, MCA and other regulatory filings including:

Periodic Tax and Statutory payments like EPF, ESI, state taxes etc.

Periodic Regulatory Filings with RBI and MCA

STPI and export related compliances

Annual Audit and Tax Filings

Facilitate Board Meetings

Assistance with Global compliance and regulatory filings

Who you are

CA with 7-10 years of experience with strong knowledge of Indian Accounting

Knowledge of US GAAP

Experience working with a Big 4 firm is a plus

Have handled Global Financial Operations, particularly Accounts Receivable a plus

Ownership of financial operations workflows to support Corporate/ Global team

NetSuite experience is desirable

Proficient in Microsoft Excel or Google Sheets required. Conversant with MS Office

Excellent written and communication skills

Ability to work some U.S. pacific time zone hours

Proven experience with process improvements, automation and the ability to incorporate AI to improve processes

Excellent people management skills

Our Values

**Empathy, Trust & Candor

**We put ourselves in the shoes of our colleagues and customers and don’t shy away from

About Instawork

Instawork is the on-demand staffing app for hourly workers and hospitality businesses. Our vision is to create economic opportunity for local businesses and professionals, globally. Workers need a better way to find great local jobs and businesses need a better way to find quality workers fast.

Full Instawork profile

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