Overview

We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK, including personal and business bank accounts, joint accounts, accounts for 16-17 year olds, a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save, invest and combine their pensions with us. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers. We’re not about selling products - we want to solve problems and change lives through Monzo. Hear from our UK team about what it's like working at Monzo.

London | £56,000 - £66,000 share options | Benefits.

Finance team – role

We’re looking for a highly proactive, enthusiastic and commercially-minded Financial Reporting Senior Analyst to join our Financial Reporting team, and help us build a world-class finance function. This role would be well suited to a fully qualified Chartered Accountant with an audit background. We have exciting challenges coming up such as system implementations, expanding into the European Union, climate change reporting, continuing to grow our customer base, growing our lending business and adding to our marketplace. You’ll work on scaling Monzo in a controlled way, while helping us optimise our financial reporting processes with the help of technology. You’ll join the Finance team and report to our Senior Financial Reporting Manager.

You’ll play a key role by

• Understanding the business and our products to write insightful management commentary.
• Working with our engineers and data teams to automate the production elements of this role, allowing you to focus on the parts of the role where your knowledge and skills provide the most value.
• Understanding our accounting system and ensuring we take advantage of its features to minimise manual elements of reporting.
• Maintaining up-to-date reporting policies, procedures and controls that are scalable and useful for Monzo.
• Supporting the full year end process, from drafting the annual report to working with external auditors until final sign-off.
• Reviewing new products, assessing the accounting and implementing them in our banking platform and accounting system.
• Working with the business to assess the impact of changes in accounting standards and proposing accounting policy matters for new products launched.
• Maintaining and developing controls that protect financial data and the balance sheet substantiation process.
• Supporting the implementation of our new accounting system to minimise manual elements of reporting.
• Supporting the production of ESG sustainability reporting and disclosures.
• Preparing monthly management and ad hoc reports, offering meaningful analysis of movements.
• Reviewing and assessing the accounting impact of new contracts, in collaboration with the business and legal teams to establish the correct accounting treatment.
• Supporting tight processes with the internal finance team to ensure a swift month-end close.
• Resolving miscellaneous inquiries and supporting the overall finance team where needed, including forecasting and valuations, bank transfers and tax policy research.

We’d love to hear from you if…

• You’re a qualified chartered accountant (ACA or CA) with an audit background, and ideally have some experience in financial reporting and control outside of practice.
• You have a great eye for detail.
• You’re fascinated by the banking and regulatory landscape, and understand key financial controls.
• You’re a self-starter and enjoy tackling what needs doing, whether it’s making a bank transfer or pulling together reports for investors.
• You’re comfortable translating complex information into simple words for people with diverse backgrounds.
• You’re interested in using data (SQL skills would be a bonus).
• You thrive in a dynamic and evolving environment.

Nice to have

• Experience in a listed company or financial services regulated environment.
• US reporting/SOX compliance.
• Strong business partnering/commercial financial acumen.
• ESG reporting/audit of sustainability information (carbon footprint, CFD/CSRD).

What’s in it for you

• £56,000 - £66,000, share options.
• This role is based in London; team come in twice a week (usually Tuesdays and Wednesdays). Flexible working within the UK and occasional in-person meetings in London.
• Flexible working hours and trust to work enough hours to do your job well, with scheduling that suits you and your team.
• £1,000 learning budget each year for books, training courses and conferences.
• Support for home working: Macbooks provided; for fully remote workers, additional setup support.
• Plus lots more. Read our full list of benefits.

The application journey

• Phone call with the Recruiter
• Initial video call with hiring manager (30 mins)
• Technical video call/meeting with hiring manager and stakeholder (45 mins)
• Behavioural interview (45 mins)

This process should take around 2-3 weeks. We’ll be as flexible as possible to fit your schedule.

We have guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. You can read them here.

You’ll hear from us throughout the application process. If you have questions, reach out to business-hiring@monzo.com. You can also let us know if there’s anything we can do to accommodate disability, neurodiversity, or other needs.

For more insight into the hiring experience at Monzo, check out our blog post.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to avoid missing out.

Equal opportunities for everyone

Diversity and inclusion are a priority for us. We’re fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. Read more in our blog, and the Diversity and Inclusion and Gender Pay Gap reports.

We’re an equal opportunity employer. All applicants will be considered without regard to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran status, neurodiversity or disability status.

If you have a preferred name, please use it when applying. We don’t need full or birth names at application stage.