Junior Accountant
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About the job
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Education level: Bachelor's degree / degree apprenticeship / Level 6 NVQ | Must Have |
- About Marshmallow
We started Marshmallow when we found out how unfair insurance prices are for people who move to the UK. All because the industry hasn’t given this huge cohort of people a second’s thought, and isn’t set up to price them properly.
We saw an opportunity to do things differently, so we made it our mission to back the ones who step outside the norm. Since we started, we’ve helped 100,000s of people get a fairer deal on their car insurance. Using technology, we serve people that are often overlooked by financial services companies, solving important problems for people who need it most.
We know there are millions of marginalised customers out there. And we know that they face unique problems that most companies aren’t even aware of. We believe that our future is helping these people by learning about their experiences, and building our company around their needs. And there are strong signs that there’s a need for a company like us. Earlier this year we hit profitability, which is a huge milestone, but the most exciting thing is that we’re only just getting started.
How we work
We’re really proud of the culture we’ve created. We push for progress every day, because we know that we’ll only hit big milestones by taking lots of smaller steps. We’re always open to helping our team mates, sharing our ideas, experience and knowledge to solve problems together. We take risks, think creatively and experiment relentlessly to meet our customer’s needs, and never pass blame when things go wrong. We encourage people at all levels to take ownership of their work, and to be bold in challenging how we do things. Everyone has a voice and the opportunity to make an impact.
And autonomy and ownership are only possible with clear direction. That’s why we collaborate to do in-depth planning twice a year, and make sure we leave with clear goals and objectives that flow from top to bottom. To make sure we’re as aligned as possible across functions, most of our work rolls up into four tribes; Acquisition, Retention, Claims and Pricing, Underwriting & Fraud. Each tribe has multiple teams embedded in it, working cross-functionally to do great work.
We’re so excited for all of the challenges up ahead, and we need more people to help us tackle them! If life at Marshmallow sounds like it could be for you, explore our culture handbook or read our blog to find out more.
The Finance Team:
We’re here to make sure Marshmallow can achieve its growth ambitions. To do that, we’re building the finance team of the future by arming ourselves with the best processes and data-powered tools in the industry! This role presents an exciting opportunity to build your career in the finance space within a rapidly growing organisation.
We are looking for a Junior Accountant with 2 years of post-qualification experience to join our finance team and contribute to the ongoing success of the business. You will be based in our vibrant new Budapest office, collaborating with stakeholders both in Budapest and London. This is a diverse and collaborative working environment, where your contributions will directly impact the company’s success and growth.
What You’ll Be Doing:
As a Junior Accountant, you’ll be part of a hard-working, supportive, and collaborative finance team, working closely with various departments and teams across the organisation. You will have the chance to gain exposure to multiple aspects of financial accounting, from general ledger to month-end closing, and beyond.
- Invoice Processing & Reconciliation: Record and reconcile supplier and customer invoices, ensuring data accuracy. Maintain master data to keep all records up-to-date.
- Fixed Asset Management : Record and manage fixed assets in accordance with company policies and ensure accurate accounting for all asset movements.
- Month-End Closing Support : Actively participate in month-end closing activities, including the preparation of journal entries, accruals, and reclassifications. Ensure all transactions are recorded accurately in ERP systems.
- Bank Reconciliation : manage bank reconciliations, and perform general bookkeeping tasks to maintain accurate financial records.
- Support audit: Help with external audits by preparing documents and financial records. Assist auditors by answering questions and ensuring everything is accurate and ready for review.
- Administrative & Ad-Hoc Finance Projects: Provide support for various administrative tasks and assist with ad-hoc finance projects as required by the team such as ERP migration.
- Accounts Payable & Employee Expenses: Handle accounts payable invoices and employee expenses for both the Hungary and UK entities, ensuring timely and accurate processing.
- Payment Setup : Set up payments in our banks for various transactions such as payroll, tax, supplier invoices, and other company expenses.
- Third-Party Communication : Contact third parties regarding incorrectly issued invoices, request invoice copies, and resolve discrepancies to ensure smooth payment processing.
- Collaboration & Support: Work closely with the Senior Financial Accountant and the wider finance team to ensure smooth financial operations, support reporting deadlines, and assist in preparing financial data for audits and internal reviews.
Who you are:
- Able to to work both independently and collaboratively as part of a team.
- Proactive, enthusiastic, and willing to learn.
- You enjoy taking on challenging tasks and solving problems.
- Comfortable interacting with different teams and stakeholders, ensuring smooth communication and issue resolution.
- High attention to detail and accuracy in financial data handling.
- Strong organisational skills with the ability to manage multiple tasks and meet deadlines in a fast-paced environment.
What we’re looking for:
- Bachelor’s degree in Accounting, Finance, or related field.
- Good knowledge of accounting principles.
- At least 2 years of relevant work experience in an accounting or finance role. SSC experience is a plus but not required.
- Strong English skills, both written and spoken.
- Good at Microsoft Office tools, especially Excel.
- Knowledge of Hungarian accounting and tax regulations is a plus.
Perks of the job
- Flexi-office working – Spend at least 2 days a week with your team in our Budapest office. The rest is up to you! Plus you have 4 weeks of Work From Anywhere to use, with no need to come to the office
- Competitive bonus scheme - designed to reward and recognise high performance
- 4-week fully paid sabbatical after being with us for 4 years
- Learning and development – Personal budgets for books and training courses to help you grow in your role. Plus 2 days a year - on us! - to further your skillset
- Mental wellbeing support – Access therapy and mental health sessions through Oliva
- SZÉP card - Budget to spend on meals, leisure and accommodation
- Medicover Blue Package - An exclusive pass to top-notch healthcare services
- All You Can Move membership OR Monthly BKK pass - Unleashing your inner fitness guru or having a hassle-free commute - we’ve got you covered!
- Company-wide Marshmallow Engineering Hackathon twice a year
Plus a monthly team social budget, bi-weekly office lunches and Office tea, coffee and snacks!
Our process
We break it up into a few stages:
- Initial call with Charlene Cox, Talent Partner (30 mins).
- A short online exercise to test your accounting knowledge in line with the requirements in this role.
- A skill-based and culture based interview where you will discuss your previous experience and ask questions to check that your work style fits our processes and values (1 hour).
We’ll let you know if you’re invited to an interview or not. But, as a small team with a lot of applications to consider, we can’t give personal feedback on each application.
Everyone belongs at Marshmallow
Marshmallow
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