The posting
As Senior Accountant, you will be accountable for the ongoing delivery and execution of four core process areas, transitioned from Marqeta’s subsidiary, TransactPay. These areas comprise banking journal entries, account reconciliations, SOX control execution, and customer invoicing/billing. You’ll have a dual mandate
In Phase 1 you will provide maternity cover for a member of the TransactPay team where you will be trained to carry out some of the existing manual core processes, in parallel with the automation transition plan. During this phase, as well as executing the assigned processes, you will take your learnings and understanding of the manual processes to assist the Finance Manager as they deliver the transition stage through building scalable and structured automated solutions that allow the processes to be absorbed and stabilized.
In Phase 2 you’ll run the steady state for the newly automated processes. You will be accountable for the accurate, timely, and controlled execution of each newly automated process area within agreed service levels. You will operate a reliable, audit-ready control environment with a bias toward standardization and continuous improvement.
As an integral part of the TransactPay Finance team, you’ll work very closely with colleagues in Gibraltar and Malta to maintain accurate financial records in our regulated businesses, in accordance with IFRS and other local accounting standards, and also with the Marqeta US Controller to ensure alignment with the group consolidation and close cycle, and adherence to the ICFR/SOX framework.
This role can be performed in a hybrid work model (Tuesday, Wednesday, Thursday onsite) from our Warsaw office. We’d love for you to join us!
THE IMPACT YOU’LL HAVE
Phase 1: Transition
- Complete the effective handover and assume responsibility for the timely execution of the following month-end close processes in their current manual format:
- Accountable for the accurate posting of several banks’ Financial Operations movements into the NetSuite general ledger.
- Assist in the monthly revenue invoice cycle, including the roll forward of the invoice template, updating the project log and preparing the ‘non-scheme’ invoices.
- Compiling monthly FX using Netsuite rates.
- Assume responsibility for various balance sheet reconciliations, ensuring that they are prepared, reviewed and then certified by the appropriate TransactPay individual on schedule. Assigned categories to include:
- Several bank accounts including multiple currencies
- Program Manager Prefund reconciliations
- Program Manager Prefund Revenue reconciliations
- Program Manager Prefund Interchange reconciliations
- Network Liabilities reconciliations
Transition and stabilization
- Assist the Finance Manager with the knowledge transfer and migration of the above four core processes from TransactPay.
- Identify standardization and automation opportunities and assist the Finance Manager in making continuous improvement once processes stabilize.
Phase 2: Automated process execution
Banking journal entries
- Accountable for the accurate daily posting of bank and cash activity relating to Financial Operations movements into the NetSuite general ledger, via the newly automated process.
- Maintain the integrity of multi-currency bank ledger and support month-end FX translation and revaluation entries.
- Investigate and resolve unposted, unidentified, or timing-related cash items.
Account reconciliations
- Carry out the balance sheet reconciliation process for the transitioned entities in respect of agreed categories of accounts including bank, prefund liabilities, settlement liabilities and other GL accounts (subject to expansion of scope).
- Ensure the reconciliations in scope are prepared and reviewed, then certified by the appropriate TransactPay individual on schedule (e.g. in the reconciliation tool) with reconciling items appropriately aged, substantiated, and cleared.
- Highlight any aged or high-risk reconciling items to the Finance Manager and support with driving them to resolution with the relevant process and entity owners.
- Maintain reconciliation standards, thresholds, and review evidence to withstand internal and external audit.
Customer invoicing/billing
- Execute the customer invoicing and billing for TransactPay, delivering accurate and timely billing runs utilizing newly automated processes, including invoice issuance and supporting documentation.
- Reconcile billed amounts to underlying data and agreements, and coordinate with commercial/operations teams on billing inputs, adjustments and credits.
- Own resolution of billing queries and disputes, and support accounts-receivable follow-up and revenue-related close activities.
- Ensure billing outputs comply with local tax/VAT and invoicing requirements for the relevant European jurisdictions.
SOX control execution
- Execute assigned ICFR/SOX controls over the transitioned processes, retaining complete and timely evidence for each control operation.
- Ensure controls are performed as designed and that any exceptions or breakdowns are logged, escalated and remediated.
- Partner with Internal Audit, external auditors, and the SOX/controls team on walkthroughs, testing and requests, and act as control owner/performer of record where assigned.
- Support control design updates as processes are standardized post-transition, keeping narratives and control matrices current.
WHO YOU ARE
- Bachelor’s degree in accounting, finance, or a related field
- Professional qualification: ACCA, ACA, CIMA or EU equivalent (or in progress).
- 2+ years of accounting experience
- Advanced, hands-on knowledge of IFRS standards
- Controls and accuracy mindset, treats evidence, review, and segregation of duties
- Hands-on experience with complex reconciliations, high-volume journal entries, and month-end close
- Advanced Excel; comfortable working with high transaction volumes and multiple currencies
- Clear, proactive communicator
NICE-TO-HAVES
- Experience in payments, fintech, or other regulated financial services business with knowledge of flow of funds movements and interchange/billing
- Familiarity with both IFRS/local GAAP and U.S. GAAP, and with reporting into a U.S.-listed parent
- Working knowledge of a SOX / internal-controls (ICFR) environment
- ERP experience (NetSuite) and reconciliation tooling (e.g. Floqast)
- Strong aptitude for technology solutions and AI tools
- Knowledge of European VAT/invoicing requirements
TYPICAL PROCESS
- Application Submission
- Recruiter phone call
- Hiring manager video call
- Virtual “Onsite” consisting of 3, 45 min calls
- Offer!
COMPENSATION AND BENEFITS
When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this full-time position, reflected in PLN, is: 97,700-122,100
The bonus target for this position is 10% of the applicable base salary, subject to the plan terms and meeting eligibility requirements.
Along with monetary compensation, Marqeta currently offers:
- Monthly stipend for your home office equipment and connectivity
- Annual development stipend to support your growth and development
- Pension Scheme provided by Allianz
- Employee health insurance through LUX MED with employee cover paid at 100% by Marqeta
- Four floating holidays as additional paid days off to annual leave entitlement
- In-office amenities including: drinks and snacks, wellness room, dedicated barista, community events onsite
- MultiSport Plus membership offerings
About Marqeta
Marqeta is on a mission to change the way money moves. We’re one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time. Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc). You don’t need to be a Payments expert to join the Marqeta Team, let us help you with that. This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.
Marqeta’s Values
– Solve for the Customer: With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success. Earning and keeping their trust guides everything we do.
– Do What's Right: Knowing businesses and livelihoods depend on us, we pursue solutions that disrupt responsibly and deliver high-quality results that our customers count on. We own our work from start to finish.
– Simplify and Innovate: We approach challenges with curiosity and take smart risks. Innovation comes from finding better, simpler ways to achieve extraordinary outcomes.
– Win as a Team: We succeed together by embracing diverse perspectives and pushing each other to raise the bar. We lead with humility and set aside hierarchy to work as a team.
– Make it Count: We drive forward with focus and agility. With a sense of urgency and purpose, we get the job done, and done right.
Equal Employment Opportunity, Accommodations and Privacy
Marqeta is an equal opportunity employer committed to an inclusive workplace that fosters belonging. We do not discriminate based on race, color, religion, sex (including pregnancy, lactation, childbirth, or related medical conditions), veteran status or uniformed service member status, age, national origin or ancestry, citizenship or immigration status, physical or mental disability, gender identity, gender expression, sexual orientation, genetic information (including testing or characteristics) or any other characteristic protected by applicable law. We also consider qualified applicants with criminal histories, consistent with legal requirements.
Marqeta endeavors to make reasonable accommodations for applicants with disabilities. If you are an individual with a disability and require a reasonable accommodation to submit this application, complete any pre-employment testing, or otherwise participate in the employee selection process, please submit this form https://forms.gle/Nx79JaH22WR94nBh7 with your specific accommodation request.
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