---
title: 'Accounts Assistant at Smarkets'
canonical: 'https://feeny.ai/job/accounts-assistant-smarkets-london-9rdgmswby2zb'
type: 'job'
last_seen: '2026-09-09'
---

# Accounts Assistant at Smarkets

- **Company:** Smarkets
- **Location:** London, United Kingdom
- **Employment:** full-time
- **Work type:** hybrid
- **Posted:** 2026-08-06
- **Last confirmed live:** 2026-09-09
- **Apply:** https://jobs.ashbyhq.com/smarkets/6510a2f6-b740-4b60-9128-4fae30f759d8

## Job description

Who are we? Smarkets: Predicting the Future of Betting Smarkets runs one of the world’s most sophisticated prediction markets, handling over £29 billion in volume since 2010 and engaging 200,000+ traders globally. We’re a technology company that happens to revolutionise betting - from sports to political markets, to delivering the sharpest prices and the fairest odds. At the heart of our success are our people. We create a high-performance environment where exceptional talent can thrive, blending deep business experience with a commercial mindset to drive strategic growth. If you’re ready to help shape the future of prediction markets with cutting-edge technology and a customer-first philosophy, Smarkets is where you belong.

About the Role: We are looking for a dedicated and detail-oriented Accounts Assistant to join our growing Finance team. Reporting directly to the Senior Finance Manager, you will be an integral part of a small team of four. To thrive at Smarkets, you will need to be open-minded, personable, and have a keen eye for detail, with the ability to analyze and communicate insights from data. What you will do:

- Prepare and process AP invoices
- Review and reconcile bank statements on a regular basis to ensure accuracy
- Perform AP balance sheet reconciliations and resolve discrepancies
- Review and manage open Purchase Orders
- Ensure all supplier accounts are reconciled against supplier statements
- Schedule and process payments per company policy
- Manage vendor payment queries
- Process staff expenses and approvals
- Monitor daily cash flows, ensuring sufficient funds are available for operations
- Provide weekly and monthly reports to regulated gaming authorities, ensuring compliance with regulations
- Support monthly Management Accounts and journal entries
- Assist with financial audits

Role Requirements:

- Proficiency in Excel
- Excellent attention to detail
- Excellent organisational skills
- A strong ability to multitask and meet deadlines in a fast paced environment
- A methodical and focused approach to working in a fluid and flexible work environment
- Good communication skills
- 1+ years of public practice experience
- Experience with Light Inc. accounting software is desirable
- Experience with working with auditors - desirable but not essential
- Part-qualified Accountant (ACA/ACCA/CIMA) - desirable but not essential
- Degree in Accounting or related business field - desirable but not essential
- Have worked or are curious to work in an agile, start-up like environment
- Have experience or are keen to work in a multi-disciplinary team/across different teams

## Our Values

Our values are at the heart of everything we do - guiding how we work, collaborate, and innovate. They reflect what we expect of ourselves and each other to deliver the best results, while fostering a positive, high-performing environment:

- Push to Win: We set ambitious goals and relentlessly pursue them, always striving for excellence.
- Make Others Better: We lift each other up, share knowledge, and celebrate team success over individual achievement.
- Give a Shit: We care deeply about our work, our users, and the impact we make.
- Be a Pro: We take ownership, act with integrity, and consistently deliver to a high standard.
- Bring the Energy: We bring positivity, curiosity, and enthusiasm to everything we do, inspiring those around us.

Culture Fit: These values define how we succeed as a team. If this isn’t you, this may not be the right place. We hire people who thrive in a fast-paced, collaborative, and ambitious environment.

What happens next​ We aim to have a simple and speedy hiring process and we want to make sure that we are right for you as much as the other way around.

- CV application review - We will review it as quickly as possible
- Let’s chat - Quick chat with our team about your experience and the role
- Competency Interviews - Virtual with Hiring Manager and team mates
- In-Office Interview - Lunch with other colleagues in the team + COO Chat

## Perks & Benefits

We offer a competitive salary and benefits package, alongside a dynamic, collaborative environment where your work truly makes an impact and your voice is heard. Our team is diverse, driven, and ambitious - united by a strong work ethic and a hunger to innovate and win. Our benefits are designed around Health, Wealth,and Development, supporting you both professionally and personally. These include:

- Stock Options: Vest over 4 years - your success is our success.
- Pension Scheme: Competitive plan via Aviva, with up to 6% matched contributions if you opt in.
- Health Insurance: Comprehensive coverage to keep you and your family healthy.
- Enhanced Parental Leave: Enhanced maternity and paternity leave to support you through life’s most important moments.
- Stay Fuelled: Enjoy fresh, chef-made breakfast and lunch every day, plus a constant supply of fruit, snacks, tea, coffee and soft drinks — because great work starts with great food.
- Cycle-to-Work Scheme: Support for sustainable commuting and staying active.
- Learning & Development: £1,000 annual education budget for courses, conferences, books, or training.
- Holiday: 25 days paid leave + bank holidays, with the option to carry over 5 days.
- Flexible Working: Hybrid model with 3 days in the office and 2 days from home to fit your lifestyle.
- Team Energy: Regular socials, hackathons, and events — because collaboration and fun go hand-in-hand.

What happens next​ We aim to have a simple and speedy hiring process and we want to make sure that we are right for you as much as the other way around.

- CV application review - We will review it as quickly as possible
- Let’s chat - Quick chat with our team about your experience and the role
- Competency Interviews - Virtual with Hiring Manager and team mates
- In-Office Interview - Lunch with other colleagues in the team + COO Chat

Diversity & Inclusion We’re an equal opportunities employer and celebrate diversity in all its forms. If you need any adjustments during the recruitment process, please let us know — we’re happy to accommodate your needs.

## About Smarkets

## Company Overview
- **One-liner**: Smarkets operates a peer-to-peer betting exchange and prediction market platform that allows users to back and lay outcomes on sports, politics, and current events with low commission and sharp pricing.
- **Entity Type**: Private (multiple funding rounds including Series B)
- **Headquarters**: London, United Kingdom
- **Founded**: 2008
- **Founders**: Jason Trost (CEO), Hunter Morris, Donald Trost

## Core Business
- Primary industries: Financial Services, Betting & Prediction Markets, Exchange Technology
- Target customers: B2C (retail traders and bettors) and B2B (institutional market makers, algorithmic traders via API)
- Mission or purpose: "To revolutionise the betting industry by building a more fair, customer-focused betting experience" and "to build the infrastructure for how the world prices uncertain events."

## Products & Services
- **Smarkets Exchange**: A peer-to-peer betting exchange where users bet against each other rather than a bookmaker. Charges a default 2% commission on net winnings only (no commission on losses). Covers sports, politics, current affairs, and entertainment. Offers a full REST/Streaming API for algorithmic traders.
- **SBK Sportsbook App**: A sportsbook product launched in 2022 that provides a traditional fixed-odds betting experience alongside the exchange model.
- **Prediction Market Infrastructure**: The underlying platform processes billions in annual volume and is built on a modern tech stack (Linux, Kafka, Postgres, Kubernetes) with performance-critical systems in Rust and C++.

## Market Standing
- **Valuation**: Not publicly disclosed
- **Key Metrics**: 
  - Annual Revenue: GBP 11.9 million (source: LeadIQ)
  - Total Funding: Conflicting reports – LeadIQ states USD 3.7 million (over 5 rounds), while Wellfound states USD 33.7 million (Series B led by Susquehanna Growth Equity in 2021). 
  - Lifetime matched volume: Over £20 billion (source: pm.wiki)
- **Notable Investors/Partners**: Passion Capital (seed), Susquehanna Growth Equity (Series B), SailGP (three-year sports trading partnership)
- **Growth Signals**: 
  - Headcount grew 20.2% YoY (76 employees per LeadIQ, but firm claims 100+ team)
  - Actively pursuing a US CFTC Designated Contract Markets license to enter American prediction markets (announced March 2026)
  - Operates in 6 countries (UK, Malta, US, Costa Rica, Brazil, Portugal)
  - 1M+ customers worldwide

## Competitive Advantages
- **Low commission model**: 2% on net winnings only – significantly lower than rivals like Betfair (5–7%).
- **Proprietary market-making technology**: Consistently delivers sharper prices through deep liquidity and proprietary algorithms.
- **Modern tech stack**: Built on Linux, Kafka, Postgres, Kubernetes, with performance-critical components in Rust and C++20, and product surfaces in Python and React.
- **Longevity and resilience**: Founded in 2008, has survived multiple market cycles and competitors.

## Strategic Focus
- **US expansion**: Filing for CFTC license to enter the regulated US prediction market space.
- **Infrastructure for truth discovery**: Positioning itself as the infrastructure for pricing uncertain events across sports, politics, and emerging markets.
- **Continuous platform improvement**: Enhancing scalability, performance, and usability for both retail and algorithmic traders.

## Why Work Here
- **Culture highlights**: "Intelligent, diverse individuals committed to making things better" – strong engineering culture with high autonomy for teams.
- **Remote/Hybrid policy**: Hybrid with a London HQ and Malta office; some roles listed as remote on Wellfound.
- **Notable perks**:
  - In-house chefs providing fresh, sustainable meals daily (rooftop kitchen, "lunch al fresco" encouraged)
  - Annual training budget of £1,000 per employee
  - Private health insurance (comprehensive)
  - Up to 6% pension match
  - Stock options
  - Enhanced parental leave
  - Cycle-to-work scheme
- **Engineering culture**: "High-performing teams that have control over the features they ship and the code they write" – modern tech stack and active hiring for senior engineers.

## Sources
1. [smarkets.com/careers](https://smarkets.com/careers/)
2. [linkedin.com/company/smarkets](https://uk.linkedin.com/company/smarkets)
3. [wellfound.com/company/smarkets](https://wellfound.com/company/smarkets)
4. [leadiq.com/c/smarkets](https://leadiq.com/c/smarkets/5a1d9348540000540077bdc2)
5. [pm.wiki/projects/smarkets](https://pm.wiki/projects/smarkets)

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