Senior Financial Reporting Analyst

🚀 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. As well as personal 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!

We’re not about selling products - we want to solve problems and change lives through Monzo ❤️

📍London | 💰£60,000 - £70,000 ➕ Incentive Awards tied to your performance | Benefits | Hear from the team ✨

⭐ Our Finance team

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 some really exciting challenges coming up like expanding into the European Union, the introduction of Monzo Mobile and Habito to our group, 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 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 making sure we are taking advantage of all its features to minimise manual elements of reporting.

Being responsible for ensuring our financial reporting policies, procedures and controls are up to date, relevant and useful for Monzo and importantly are scalable.

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 make proposals on accounting policy matters for new products launched.

Maintaining existing and develop new controls that protect our financial data and our balance sheet substantiation process

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

Supporting on the production of ESG sustainability reporting and disclosures

Preparing monthly management and adhoc reports, offering meaningful analysis of movements.

Reviewing and assessing the accounting impact of new contracts, working closely with the business and legal team before contracts are signed to establish the correct accounting treatment.

Supporting tight processes with our internal finance team to ensure a swift month-end close process.

Resolving miscellaneous inquiries and supporting the overall finance team wherever needed - from forecasting and valuations, to bank transfers and tax policy research!

🤩 We’d love to hear from you if…

You’re a qualified chartered accountant (ACA or CA) and ideally have audit experience combined with financial reporting and control experience outside of practice.

You have a great eye for detail

You’re fascinated by the banking and regulatory landscape, and have a good understan