Accountant, Europe

Magma Math; Stockholms kommun; On-site; SEK 432,572 - 648,859; Full time

Benefits offered by this job

Competitive remuneration & benefit package

Annual company trip

Great opportunities to learn

Job summary

Magma Math, located in Stockholm, is seeking an Accountant to manage day-to-day bookkeeping and financial reporting across European entities. The position involves owning accounting cycles, supporting audits, and utilizing modern finance tools. The ideal candidate holds a degree in Accounting or Finance and has 1-2 years of relevant experience. This role offers a competitive remuneration package and the chance to contribute to meaningful educational change.

Qualifications

• 1-2 years of experience in accounting, especially in transaction processing.
• Conceptual understanding of accounting principles affecting the general ledger.
• Exposure to accounting process improvements, including automation.

Responsibilities

• Own the accounting cycle for Sweden, Poland, Germany, and the UK.
• Prepare workpapers for external audits.
• Use modern finance tools to improve efficiency.

Skills

Accounting principles (IFRS/K3/US GAAP)

Transaction processing

Journal entry booking

Financial reporting

Process improvements

Familiarity with multi-entity environments

Education

Degree in Accounting or Finance

Job description

About Magma Math

Magma is one of the world’s fastest-growing and most celebrated edtech companies, transforming math education through the power of AI. Our platform turns handwritten solutions into digital insights, empowering teachers to focus on creativity and deeper learning — while giving them real-time visibility into student progress.

The result? More inclusive, engaging, and effective math classrooms for all learners.

But we’re not just building better tools. We’re tackling one of the biggest challenges in global education: math underperformance. With 1 in 5 students globally struggling in math — a subject that forms the backbone of so many career paths — we believe the opportunity to improve outcomes at scale is massive.

We’re already the go-to solution in thousands of schools — and we’re just getting started. As we expand rapidly across the U.S. and Europe, we’re building a team as ambitious as our mission: to help millions of students unlock their full potential in math.

The Role

We’re looking for an Accountant to own the day-to-day bookkeeping and accounting operations across our European entities - Sweden, Poland, Germany, and the UK. You’ll be a foundational hire on the finance team, reporting to the Group Controller and working closely with local teams and external providers to deliver timely, accurate, and compliant financial reporting across all four markets.

In this role, you’ll own daily accounting operations - partnering closely with HR, RevOps, Sales, and Customer Success to maintain clean books and ensure reliable data across the group. This is an ideal opportunity for someone with a strong understanding of accounting principles who thrives in a high-ownership and fast-moving environment.

Key Responsibilities

• Own the Swedish, Polish, German, and U.K. accounting cycle – processing and recording individual transactions and processing period-end closing entries and analysis
• Support external audit processes by preparing workpapers for auditors
• Use modern finance tools, data platforms, and AI-enabled workflows where appropriate to improve efficiency, accuracy, and insight
• Maintain and improve accounting processes and internal controls across the finance and accounting function
• Manage Order to Cash and Purchase to Payment cycles, ensuring accurate, timely processing, and working capital management
• Assist with compliance monitoring across our European entities

Who you are

• Degree in Accounting or Finance
• 1-2 years experience in accounting, with exposure to transaction processing, journal entry booking, month-end close, and financial reporting
• Conceptual understanding of accounting principles (IFRS/K3/US GAAP) and how that impacts the general ledger
• Exposure to accounting process improvements, including automation, workflow refinement, or system changes is a plus
• SaaS, subscription, or tech accounting experience is a strong plus
• Familiarity with multi-entity, multi-currency accounting environments is a plus

What we offer

• Play a key role in an exciting journey. We are a young company with ambitious targets and meaningful goals
• Fantastic colleagues in a fun environment with great opportunities to learn
• Competitive remuneration & benefit package
• Annual company trip
• An opportunity to work on a meaningful mission and have an exceptional impact on education, society and how children learn math across the world

Start: As soon as possible

Office location: Gamla Stan, Stockholm

Note: We practice a 5-day in office policy, and we look forward to working together closely with you

Our recruitment process (all in office):

1st interview with Hiring Manager and Head of People

2nd interview with VP Finance and Financial Controller

3rd interview with Hiring Manager and Co-Founder