Finance Control Analyst
Finance Control Analyst
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Job Description
Were on a mission to make money work for everyone.
Were 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. As well aspersonal and business bank accounts we offer 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!
Were not about selling products - we want to solve problems and change lives through Monzo
London 45000 - 57500 share options Benefits Hear from the team
Our Finance team:
Were looking for a proactive enthusiastic and commercially-minded accountant to work on our financial accounting and help us build a world-class finance function. This role would be well suited to a qualified or soon to qualify accountant with an audit background.
We have some really exciting challenges coming up like systems implementation expanding into the European Union continuing to grow our customer base keep growing our lending business and adding to our marketplace. Youll work on scaling Monzo in a controlled way while helping us optimise our financial accounting processes with the help of technology. Youll join the Finance team and report to our Financial Control Manager.
Youll play a key role by...
- Managing a tight process with our internal Finance team to ensure a swift month-end close process (e.g. managing accruals schedules calculating effective interest rate adjustments liaising with our Tax team to post their numbers etc) and group consolidation
- 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
- Assisting with the implementation of our new accounting system to make sure we are taking advantage of all its features to minimise manual elements of reporting
- Learning SQL skills to run reports and propose solutions that make our processes efficient and scalable
- Maintaining existing and develop new controls that protect our financial data and our balance sheet substantiation process
- Supporting our year end process working with external auditors and our Financial Reporting squad
- 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 make proposals on accounting policy matters for new products launched
- Helping maintain the integrity of our chart of accounts and financial static data
- Resolving miscellaneous inquiries and support the overall finance team wherever needed - from forecasting and valuations to bank transfers transfer pricing and tax policy research!
Wed love to hear from you if
- Youre a qualified accountant with an audit background and ideally have had some experience in financial accounting and control outside of practice. Knowledge of banking would be an asset
- You have a great eye for detail
- Youre fascinated by the banking and regulatory landscape and have a good understanding of key financial controls
- Youre a self-starter and enjoy tackling what needs doing whether its making a bank transfer or pulling together reports for investors
- Youre comfortable translating complex information into simple words for people with diverse backgrounds
- Youre interested in using data (SQL skills would be a bonus)
- You thrive in a dynamic and constantly evolving environment
- What were doing at Monzo excites you!
Not ticking every box Thats totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo were dedicated to creating a diverse and welcoming team. If youre passionate about this role and keen to learn and grow with us we encourage you to apply even if you dont have everything thats listed just yet. Drop us your application wed love to hear from you!
Whats in it for you
45000 - 57500 share options.
This role can be based in our London office but were open to distributed working within the UK (with ad hoc meetings in London)
We offer flexible working hours and trust you to work enough hours to do your job well and at times that suit you and your team.
1000 learning budget each year to use on books training courses and conferences.
We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
Plus lots more! Read our full list of benefits.
The application journey has 3 key steps
- Initial Interview with the Hiring Manager
- Behavioural Interview
- Role Specific Interview
This process should take around 2-4 weeks - your schedule is really important to us so we promise to be as flexible as possible!
We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo.You can read them here.
Youll hear from us throughout the application process but if youve got any questions please reach out to You can also use this email address to let us know if theres anything we can do to make the process easier for you because of disability neurodiversity or anything else.
#LI-TP2
Equal opportunities for everyone
Diversity and inclusion are a priority for us and were making sure we have lots of support for all of our people to grow at Monzo. At Monzo were embracing diversity by 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. You can read more in our blog 2024 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.
Were an equal opportunity employer. All applicants will be considered for employment without attention to age ethnicity religion sex sexual orientation gender identity family or parental status national origin or veteran neurodiversity or disability status.
If you have a preferred name please use it to apply. We dont need full or birth names at application stage
Required Experience:
IC
Employment Type
Full Time
