At a Glance
- Tasks: Lead technical accounting policy and provide expert advice on complex accounting issues.
- Company: Join a fast-growing, tech-driven bank on a mission to simplify finance for everyone.
- Benefits: Competitive salary, performance incentives, and flexible remote work options.
- Other info: Collaborative culture with opportunities for professional growth and development.
- Why this job: Make a real impact in a dynamic environment while shaping the future of banking.
- Qualifications: Significant experience in technical accounting, preferably in the banking sector.
The predicted salary is between 106300 - 143800 £ per year.
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/Cardiff/UK Remote | £106,300 - 143,800 + Incentive Awards tied to your performance + Benefits
Our Financial Control team Monzo is looking for an experienced and ambitious professional for a newly created, high impact Senior Manager - Technical Accounting Policy role. This role is designed to establish and lead our technical accounting policy function for our Group, UK and EU regulated entities. Rooted in the banking sector, the successful candidate will sit at the intersection of finance and commercial growth. You will act as the primary technical interface for the business, assessing new commercial proposals, leading technical accounting fora, and strategically triaging work across the wider finance team to utilise the existing technical capability of the team as well as lead in developing those skills further.
This is a key role with real impact, working closely with the Group Financial Controller, UK and EU CFOs to deliver high‐quality external reporting, and technical accounting and advisory in support of our fast‐growing, tech‐driven bank.
We're looking for someone with significant experience in an accounting policy, technical accounting role, ideally from a banking background. You'll thrive in a fast‐paced, ever‐evolving environment and have a hands on, delivery focused mindset, supporting Monzo's mission to make money work for everyone.
You'll play a key role by...
- Providing expert advice on complex accounting issues (e.g., revenue recognition, leasing, financial instruments) and document conclusions in technical memos.
- Developing and maintaining global accounting policies, ensuring consistency across the organisation and compliance with updated standards (IFRS).
- Leading projects for the adoption of new accounting standards.
- Partnering with commercial and product teams to evaluate the accounting implications of new products, lending propositions, and complex transactions prior to launch.
- Managing the intake of technical queries, strategically triaging and delegating project components to utilise existing and develop the technical skills within the wider finance team.
- Establishing, coordinating, and chairing an internal technical accounting forum to debate, align, and secure sign‐off on areas of accounting estimates and judgments, as well as new policy/standards.
- Acting as the dedicated technical accounting partner to the business, translating complex technical standards into actionable business advice.
- Leading the technical dialogue with external auditors, authoring robust accounting papers to justify and defend Monzo's reported positions.
- Building and maintaining effective working relationships with internal stakeholders, external auditors and advisors.
We'd love to hear from you if...
Technical Accounting & Advisory Senior Manager in London employer: EngineersOfAI
At Monzo, we pride ourselves on being an innovative and inclusive employer, dedicated to making money work for everyone. Our vibrant work culture fosters collaboration and creativity, offering employees ample opportunities for professional growth and development in a fast-paced environment. With competitive salaries, performance-based incentives, and a commitment to employee well-being, Monzo is the perfect place for those looking to make a meaningful impact in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Technical Accounting & Advisory Senior Manager in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We want you to show how your skills align with their mission. Practice common interview questions and think about how you can demonstrate your experience in technical accounting.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. We love seeing candidates who are proactive!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we’re always looking for passionate individuals who want to make money work for everyone, just like us!
We think you need these skills to ace Technical Accounting & Advisory Senior Manager in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Technical Accounting & Advisory Senior Manager role. Highlight your banking background and any relevant technical accounting experience to show us you’re the right fit!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you're passionate about making money work for everyone and how your expertise can help Monzo grow. Be genuine and let your personality come through!
Showcase Your Problem-Solving Skills:In your application, give examples of how you've tackled complex accounting issues in the past. We want to see your hands-on approach and how you’ve made a real impact in previous roles.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at EngineersOfAI
✨Know Your Technical Stuff
Make sure you brush up on the latest accounting standards, especially IFRS. Be ready to discuss complex topics like revenue recognition and financial instruments, as these will likely come up in your interview.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex accounting issues in the past. Think about specific scenarios where you provided expert advice or led projects for new accounting standards, and be ready to share those stories.
✨Understand Monzo's Mission
Familiarise yourself with Monzo's mission to make money work for everyone. Be prepared to discuss how your role can contribute to this goal, especially in terms of providing actionable business advice and supporting product launches.
✨Build Relationships
Highlight your experience in collaborating with various teams, such as commercial and product teams. Discuss how you've built effective working relationships with stakeholders and external auditors, as this is crucial for the role.
