Finance Internship, Flink
Grocery delivery service
Job no longer available
Grocery delivery service
1001+ employees
Job no longer available
1001+ employees
Company mission
To deliver organic fresh fruit, vegetables, and other groceries directly to the homes of customers, within 10 minutes, at supermarket prices.
Role
Who you are
- Currently pursuing a Masters or Bachelors in business, economics, finance, accounting, business or a related field
- A detailed oriented and focused mindset
- You are structured and accurate and drive for the best results
- A hands-on ability, make sure the execution of your plans meets expectations in practice
- The ability to be a team player and communicate in a clear and structured manner
What the job involves
- You will support the Finance team on the day to day business with exposure to both Accounts Payable and Accounting processes. Gaining a good understanding of the day to day work in finance. As part of this role you will work on the balance sheet (payables, other assets and liabilities), profit- and loss statement, reconciling bank statements, prepaid expenses etc
- Support the global Accounts Payable team in the timely processing and posting of incoming invoices (purchase-to-pay process), employee expense reports, and credit card statements
- Support the General Ledger and Accounting team on the month-end closing activity
- Prepare ad-hoc reports and analysis related to accounts payable, accounts receivable, and other balance sheet topics
- Participate in quarterly VAT reporting and analysis
Our take
Online grocery delivery services in Europe range from early supermarket-specific services to the more recent success of mobile food-ordering applications. However despite thier proliferation grocery delivery services still face long waiting lists and logistic bottlenecks, with faster solutions coming with a compromise on the range and quality of products.
Flink provides an online website and mobile application for the delivery of fresh fruit, vegetables, and other organic-quality groceries to European homes. The company provides its services to 100 different European cities across Germany, the Netherlands and France, and claims that its grocery deliveries are provided at supermarket prices within 10 minutes of ordering.
Flink is one of the few remaining independent grocery delivery startups in Europe, with most of the others either having been acquired or shut down. German rival Gorillas for instance ate through its initial investments and was taken over in 2022. Flink has been playing a more conservative strategy, aiming for more steady growth, but had to receive a fresh investment round of 100 million euros in 2024 to help it outlast competitors. Rumors of a potential merger with competitor companies indicate the lengths that Flink is going to maintain its dominance in a market that, at present, is suffering from lower demand and higher costs.
Kirsty
Company Specialist
Insights
Some candidates hear
back within 2 weeks
346% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2024
$111m
LATE VC
May 2023
$166.4m
LATE VC
Total funding: $1.3bn
Company benefits
- A good salary and fringe benefits
- A start-up environment with growth opportunities
- An environment where you have a lot of impact, and where your ideas immediately become reality
- A young and dynamic team
- A flexible employer
- 20% discount on your own Flink groceries
Company HQ
Kreuzberg, Berlin, Germany
Articles
Founders
Oliver Merkel
(MD)Partner at Bain & Company. Co-founded Flink in December 2020.
Julian Dames
(MD)Consultant at Bain & Company before founding foodora, where they served as MD and Global CMO. Also served as CMO at Rappi.
Christoph Cordes
(MD)Began career at Adidas before becoming Manager Director at fashion4home GmbH.
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