Financial Reporting Analyst

📍London | 💰  £55,000 - £60,000 + Benefits | Hear from the team ✨ 

🚀We’re on a mission to make money work for everyone.

We’re waving goodbye to the complicated and confusing ways of traditional banking. 

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 ❤️

⭐Our Finance team

We're looking for a highly proactive, enthusiastic and commercially-minded candidate to work on our financial reporting, and help us build a world-class finance function. This role would be well suited to a qualified accountant with an audit background.

We have some really exciting challenges coming up like 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 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 make 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.
• 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. 
• Managing tight processes with our internal finance team to ensure a swift month-end close process (i.e taking ownership of our leases, managing accruals schedules, inventory etc).
• 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 accountant (ACA or CA) with an audit background, and ideally have had 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 have a good understanding of 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 constantly evolving environment

🙌What’s in it for you

💰£55,000 - £60,000 ➕share options.

📍This role is based in our London office

⏰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. 

📚£1,000 learning budget each year to use on books, training courses and conferences.

➕ Plus lots more! Read our full list of benefits.

🌈 The application journey has 4 key steps:

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

This process should take around 2-3 weeks - your schedule is really important to us, so we promise to be as flexible as possible! 

You’ll hear from us throughout the application process, but if you’ve got any questions, please reach out to [email removed - click apply for more details] You can also use this email address to let us know if there’s anything we can do to make the process easier for you because of disability, neurodiversity or anything else.

We’ll only close this role once we have enough applications for the next stage. Please submit your application as soon as possible to make sure you don’t miss out. 

Equal opportunities for everyone

Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re 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, 2022 Diversity and Inclusion Report and 2023 Gender 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.

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