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Finance and Strategy Manager

Monzo Bank

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Posted over 30 days ago...

Join Monzo's Mission to Transform Banking in San Francisco with Your Financial Expertise and Strategic Insight

Overview

icon Salary

£140000 - £168000

icon Location

San Francisco

icon Expires

Expires at anytime

Monzo is revolutionizing the banking industry with its user-friendly app, exceptional customer support, and innovative financial solutions. With over 9 million customers in the UK and a valuation of $5 billion, Monzo is now expanding its success to the US, creating an exciting opportunity for growth and innovation in a dynamic team environment.

  • Work closely with the US CEO to drive strategy and commercial outcomes.
  • Oversee US business financials, manage P&L, and cash flow.
  • Contribute to strategic investment decisions and commercial negotiations.
  • Prepare and present management information and insights.
  • Engage in ad-hoc strategic projects like M&A and product research.
  • Develop relationships across the business to enhance understanding of US financials.
  • Manage annual budget, forecasts, and multi-year financial planning.
  • Coordinate with the UK team on monthly financial accuracy and reporting.
  • Handle capital calculations and return on equity assessments.
  • Previous experience as a Finance Manager in a startup or a fast-growing business unit within a larger company.
  • Fintech background and accountancy qualifications are advantageous.
  • Excellent analytical, problem-solving, and financial modeling skills.
  • Proficient in Excel or Google Sheets, SQL/Looker expertise a plus.
  • Ability to build strong, trusted relationships and influence stakeholders.
  • Strong attention to detail and organizational skills, with a knack for process improvement.

The application process consists of a 30-minute recruiter call, followed by three interviews via Google Meet with the US and UK teams. Monzo values your time and aims to be flexible throughout the process. For assistance or accommodation requests, contact [email removed - click apply for more details]. Embrace Monzo's inclusive culture and enjoy benefits such as a competitive salary, equity, a $1,500 learning budget, and a 4% 401k employer match.

🚀 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 ❤️

Hear from our team about what it's like working at Monzo


📍San Francisco | 💰 $140,000 - $168,000 (dependent on experience) + Equity | Benefits |

About us:

Monzo Group is a leading financial technology company, with over 9 million customers in the UK, committed to providing modern banking solutions. In the last few years, we’ve built a banking app that our customers love – with extremely high daily engagement, an industry leading net promoter score, and award-winning customer support. We’ve raised over $1 billion from Capital G, Google’s growth fund, Ribbit Capital, TenCent, YCombinator, Stripe, Coatue, Eric Schmidt, Mike Moritz, and others - most recently at a $5 billion valuation.

We’re just getting started in the US. We’re an agile full stack team operating like an early stage startup but with the financial, operational, and engineering platform muscle of a larger company. We’re focused on building an amazing US product, shipping and iterating quickly, and deepening our product market fit. We’re looking for highly driven, enterprising people to help us achieve our mission to make money work for everyone.

The role:

We’re looking for an experienced Finance & Strategy Manager to join our growing US team. This key role will help us grow the business, working closely with the US CEO to build and drive our Strategy with commercial outcomes in mind. The Finance & Strategy Manager will report to the US CEO, and collaborate daily with senior leadership in both the US and in the UK. 

🔑 You’ll play a key role working on: 

  • Taking overall responsibility for the financials of the US business including P&L and cash management 
  • Supporting with strategic investment decisions and commercial negotiations
  • Preparing management information, insights & reporting to US CEO, highlighting emerging issues & potential future challenges
  • Supporting the US CEO with ad-hoc strategy projects such as M&A, peer benchmarking, researching potential product opportunities
  • Working independently and taking the initiative to develop relationships and work across the business to help drive understanding of US financials 
  • Making sure financials are managed in line with business plans for both short and long term
  • Taking full ownership of annual budget, forecasts and multi year plan including modelling using business drivers
  • Working alongside the UK team to ensure accurate financials are recorded at each month end including the accounting for new products or contracts 
  • Managing capital calculations and return on equity

🤩 We’d love to hear from you if you…

  • Have experience working as a Finance Manager in a startup, a smaller fast-growing business unit within a larger company, or building a local hub for an overseas company. FinTech experience is a bonus!
  • Banking / Finance experience, an accountancy qualification is a nice to have
  • Great analytical & problem solving skills; the ability to identify trends, issues and recommend actions by presenting data in a meaningful way
  • Strong financial modelling experience and be an advanced user of Excel or Google sheets. A big plus if you're competent at SQL/Looker too.
  • Experience building strong, trusted relationships with stakeholders at all levels using strong interpersonal & influencing skills to engage across various internal functions to develop, get buy-in and deliver outcomes 
  • Strong attention to detail and organisational skills, able to support with developing new processes and streamlining existing processes to create efficiencies

🌈 The application journey involves 4 main stages:

  • Recruiter Call (30mins)
  • Interview Loop: 3 x Interviews (currently being conducted via Google Meet) with members of our US and UK teams. We promise not to ask you any brain teasers or trick questions. 

⏳ 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. 

This process should take around 2-3 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.

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.

🙌 What’s in it for you

We offer a competitive salary and a pretty great benefits package (if we do say so ourselves!)

💰 $140,000 - $168,000 + Equity
📍 This role is based out of our San Francisco office
📚 Learning budget of $1,500 a year for books, training courses and conferences
💰 Generous 401k with 4% employer match

#LI-OS1


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, 2023 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.

If you have a preferred name, please use it to apply. We don't need full or birth names at application stage 😊

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