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
About the Role
We are looking to hire a subject matter expert in treasury to manage Instacart’s corporate treasury operations. This role is responsible for building upon our treasury operations function and partnering with our Accounting, Corporate Finance, Legal, and Tax teams and more. The successful candidate should be knowledgeable in daily cash management, cash forecasting, investments, and foreign exchange risk management. This position will report to the VP of Investor Relations, Capital Markets and Treasury at Instacart.
About the Team
Instacart's Treasury team embodies collaboration and innovation, expertly managing liquidity, investments, and risk in a vibrant, engaging environment. This dynamic group excels in financial strategies and market navigation, fostering both professional growth and fun.
About the Job
- Oversee and manage the company’s daily cash position and cash flow forecast, monitoring and building on a consolidated basis as well as an entity basis.
- Partner with senior Treasury leadership to define Treasury operations strategy and identify opportunities to optimize global cash visibility, automate treasury functions and increase internal controls.
- Build financial models to optimize our working capital metrics and improve forecasting accuracy.
- Manage excess cash and maximize return on investments in compliance with investment policy.
- Partner with Accounting, Legal, and Tax teams to execute capitalizations, intercompany loans, intercompany settlements, and other treasury operations projects.
- Maintaining appropriate capital levels for operating needs to support Treasury’s cash liquidity strategies, and ensuring FX exposure is managed appropriately.
- If required, lead treasury M&A integration efforts in partnership with corporate development, technical accounting, systems, and finance stakeholders.
- Develop and maintain Global Treasury Operations Policies. Ensure process controls and discipline are in place and are within the bounds of regulatory compliance mandates.
- Manage bank fees and optimize current processes to analyze and validate billing while providing management with actionable reporting.
About You
Minimum Requirements
- Bachelor’s degree in Accounting, Finance or related degree preferred
- 8+ years of work experience in corporate treasury or Treasury consulting
- Experience with the implementation of in-house bank, cash pooling, multilateral netting
- Able to prioritize and manage multiple projects and deliverables and drive to completion
- Continuous improvement mindset, excellent communication, and effective collaboration skills across all levels
- Proficient at creating managerial level presentations and analysis
Preferred Requirements
- MBA, CTP or other professional designation is a plus
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.
CA, NY, CT, NJ
$203,000—$225,000 USD
WA
$194,000—$216,000 USD
OR, DE, ME, MA, MD, NH, RI, VT, DC, PA, VA, CO, TX, IL, HI
$186,000—$207,000 USD
All other states
$168,000—$187,000 USD
