Senior Manager/Associate Director - Finance
Instawork
Bengaluru, Karnataka, IndiaPosted 2 months ago
Skill Required
FinancebuildingwrittendesignSparkAI
Key highlights
- Experience level: 7-10 years
- Requirement: Chartered Accountant (CA)
- Work model: In-person 5 days a week
- Reporting: Reports directly to U.S. Controller
- Team leadership: Manages 5 personnel (India finance & AR analysts)
- Location: Bangalore Hub
Role overview
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. 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). 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.
Responsibilities
- Own and oversee the finance/accounting team for Instawork India.
- Own the Accounts Receivable for the U.S. company, including managing AR collections analysts.
- Handle 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.
- Partner with the Country Head and help design and implement various internal policies for finance, expenses, and budgeting.
- 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.
- Work 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.
- 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).
- Own end to end compliance for the Indian entity including Financial Audit, RBI, STPI, MCA and other regulatory filings.
- Manage Periodic Tax and Statutory payments like EPF, ESI, state taxes etc.
- Manage Periodic Regulatory Filings with RBI and MCA.
- Manage STPI and export related compliances.
- Manage Annual Audit and Tax Filings.
- Facilitate Board Meetings.
- Assistance with Global compliance and regulatory filings.
Requirements
- CA with 7-10 years of experience with strong knowledge of Indian Accounting
- Knowledge of US GAAP
- Ownership of financial operations workflows to support Corporate/ Global team
- 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
Nice to have
- Experience working with a Big 4 firm is a plus
- Have handled Global Financial Operations, particularly Accounts Receivable a plus
- NetSuite experience is desirable
Additional details
- Instawork India is a wholly owned subsidiary of Instawork (U.S. company - www.instawork.com).
- Reporting Line: Directly to the U.S. Controller, but also work closely with the Country Head of Instawork India.
- Backed by world-class investors like Benchmark, Spark Capital, Craft Ventures, Greylock, Y Combinator, and others.
- Values: Empathy, Trust & Candor - We put ourselves in the shoes of our colleagues and customers and don’t shy away from uncomfortable conversations, instead building trust through honest and direct feedback.
- Values: Bias for Action - We practice high-velocity decision-making, clear-eyed that we often operate with incomplete information. Growing quickly means it’s OK to be wrong, so long as we learn from our mistakes and course correct!
- Values: Always Be Learning - We’re a curious bunch, and with AI transforming our workplace we encourage everyone to learn from each other, compounding our knowledge and experience to help us change an entire industry.
- Values: Act Like an Owner - We work long, hard, and smart, building products that delight our users and drive growth. Your ability to impact Instawork is limited only by your courage and conviction, not your job description.
- Founded in 2015, Instawork is the nation’s leading online labor marketplace for food services, hospitality, light industry, and logistics, connecting more than 7M skilled workers with local restaurants, hotels, warehouses, stadiums, and more.
- The AI-powered platform serves thousands of businesses across more than 50 major markets in the United States and Canada.
- Instawork has been featured by CBS News, The Wall Street Journal, The Washington Post, and the Associated Press.
- Forbes included Instawork on their Next Billion Dollar Startups list; RetailTech Breakthrough named them Workforce Hiring Solution of the Year for 2025; and Inc. 5000 recognized them as one of the country's top 10% fastest-growing companies two years in a row.
- Instawork has hubs in San Francisco, Bangalore, and Chicago, and city offices in New York, Phoenix, and Singapore.
- Work Policy: Back to working together in-person five days a week because we believe the best ideas happen when great people collaborate face-to-face.
- Instawork values diverse perspectives and encourages applications from candidates of all backgrounds.
- Personnel Privacy Policy