Head of Commercial Finance

📍London |  Benefits

About us: 

We’re here to make money work for everyone and we're doing things differently. For too long, banking has been obtuse, complex and opaque.

We want to change that and build a bank with everyone, for everyone. Our amazing community suggests features, tests the app and gives us constant feedback so we can build something everyone loves.

We're focused on solving problems, rather than selling financial products. We want to make the world a better place and change people's lives through Monzo.

About the role:

This role will report directly into the Group CFO. In this role you will be leading many aspects of strategic finance within the wider Monzo Group. You will work closely with the senior leadership team and the CFO to help finalise our equity story, develop deep short and long term plans and prepare our business for a potential IPO. Acting as a key advisor and leader within the team and the company, you will also have the opportunity to deputise for the CFO in all commercial areas when necessary. We are looking for a strategic thinker with a strong commercial acumen, and a track record of driving business growth.

A key responsibility of this role will be to help develop the plan along with a world-class financial planning and strategy function. You will take ownership of all forecasting activities, from systems implementation to making sure we have solid commercial grounding for our ambitious goals.

Building and maintaining strong relationships will be a critical aspect of this role. You will engage with the board, audit committee, banks, auditors, regulators, advisors, and other key stakeholders. 

You will work closely with revenue-generating areas across Monzo to manage the growth of our cost base and give advice and analysis on international expansion and growth strategy.

Your day-to-day   

• Helping to develop and execute a world-class financial plan and strategy; owning everything from forecasting to implementing systems that help ground our ambitions in solid commercials
• Partnering closely with senior stakeholders to make sure Monzo hits our strategic milestones
• Being a strong Commercial Business Partner to Monzo’s revenue generating departments and managing the growth of our cost base
• Translating financial data into actionable insights and operating plans to support key stakeholders in driving the business forward
• Building and coaching a team to develop accurate and insightful analyses, fostering a culture of integrity and supportive challenge
• Offering advice and analysis on international expansion and growth strategy
• Collaborating with teams across Monzo on major company initiatives including business model evaluation, cost-saving opportunities, vendor selection & negotiation, and operational efficiency
• Working alongside the senior leadership team to help prepare the business for potential IPO 
• Building and maintaining strong relationships with the board and audit committee as well as banks, auditors, regulators, advisors, and other key stakeholders
• Promoting a culture of continuous improvement throughout the Finance team, including designing the team to scale effectively

You should apply if you have:

• Significant experience at FP&A/Commercial Director level or equivalent ideally in a regulated industry (experience working in banking and/or a fast growing tech company would be a huge plus!) 
• Experience of managing business performance across multiple geographies and supporting international expansion
• Excellent stakeholder management skills across a range of functions 
• The ability to identify opportunities for growth and improvement and anticipate challenges early 
• A forward-looking approach where your strategic insights and guidance go beyond traditional FP&A 
• A demonstrated ability to create value and lead decision making in ambitious, entrepreneurial, and high-pace environments
• The ability to work with big data sets and rapidly translate results into meaningful analysis incorporated into forecasts
• The ability to achieve results by taking the initiative, setting lofty but realistic goals and holding Monzo accountable to execution
• The ability to work with a high level of accuracy and meet strict deadlines in a fast paced, high pressure environment
• Strong coaching skills with the ability to provide empathy and guidance to the other members of the finance team

The interview process:

Our interview process involves 3 main stages: 

• Recruiter call
• Initial call with our CFO
• 3-4 calls/in person meetings with senior stakeholders across the business

Our average process takes around 2-3 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on *hiring email*

What’s in it for you:

✈️ We can help you relocate to the UK 

✅ We can sponsor visas 

📍This role can be based in our London office, but we're 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, at times that suit you and your team.

📚 Learning budget of £1,000 a year for books, training courses and conferences

➕ And much more, see our full list of benefits here

If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great work-life balance.

Equal Opportunity Statement

We are actively creating an equitable environment for every Monzonaut to thrive.

Diversity and inclusion are a priority for us and we are making sure we have lots of support for all of our people to grow at Monzo. At Monzo, embracing diversity in all of its forms and 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 ourblog, 2022 Diversity and Inclusion Report and 2022Gender Pay Gap Report.

We’re 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.