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 comprehensive benefits package.
- 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 within 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.
Our Financial Control team 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 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, providing 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 ambitious individuals 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
✨Tip Number 1
Network like a pro! Reach out to folks 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 those interviews! Research Monzo, understand their mission, and think about how your skills align with their goals. We want to see your passion for making money work for everyone shine through!
✨Tip Number 3
Showcase your expertise! Be ready to discuss complex accounting issues and how you've tackled them in the past. We love candidates who can translate technical jargon into clear, actionable advice.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals who are excited about joining our mission.
We think you need these skills to ace Technical Accounting & Advisory Senior Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Technical Accounting & Advisory Senior Manager role. Highlight your relevant experience in accounting policy and technical accounting, especially in the banking sector. We want to see how your skills align with our mission to make money work for everyone!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about joining Monzo and how you can contribute to our goals. Be sure to mention specific projects or experiences that demonstrate your expertise in complex accounting issues.
Showcase Your Problem-Solving Skills:In your application, don’t just list your qualifications—show us how you've solved real problems in previous roles. We love candidates who can think critically and provide actionable solutions, so share examples of how you've tackled challenges in technical accounting.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at EngineersOfAI
✨Know Your Accounting Standards
Brush up on IFRS and any relevant accounting standards before your interview. Be prepared to discuss how these standards apply to the banking sector, especially in relation to revenue recognition and financial instruments. This will show that you’re not just familiar with the theory but can also apply it practically.
✨Showcase Your Problem-Solving Skills
Since Monzo is all about solving problems, think of examples from your past experience where you tackled complex accounting issues. Prepare to explain your thought process and how you arrived at your conclusions, especially in high-pressure situations. This will demonstrate your hands-on, delivery-focused mindset.
✨Understand Monzo's Mission
Familiarise yourself with Monzo’s mission to make money work for everyone. Think about how your role as a Technical Accounting & Advisory Senior Manager can contribute to this mission. Being able to align your personal values with the company’s goals will resonate well with the interviewers.
✨Prepare for Technical Discussions
Expect to engage in technical dialogues during the interview. Prepare to discuss how you would lead projects for adopting new accounting standards and manage technical queries. Practising how to translate complex technical standards into actionable business advice will help you stand out as a candidate who can bridge the gap between finance and commercial growth.
