Head of Accounting Policy in Cardiff

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 Head of 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…

• Experience: Fully qualified accountant (ACA, ACCA, or CPA) with 5+ years of experience in accounting policy, technical accounting, or Big 4 accounting advisory.
• Technical Skills: Strong, hands-on knowledge of IFRS particularly in specialised areas like IFRS 9.
• Banking Background (preferred): Proven track record within a banking institution or a Big 4 banking/financial services advisory practice.
• Collaborative Leadership: Demonstrated experience in managing workloads across a team, utilising external skill sets rather than working in a silo.
• Stakeholder Management: Ability to facilitate technical debate and drive alignment among senior leaders and cross-functional teams.
• Communication: Strong capability to communicate technical standards into clear, professional, and practical guidance for non-finance stakeholders.
• Resource Optimisation: Sharp prioritisation and organisational skills to effectively triage proposals and maximise the existing capabilities of the wider team, while also developing those skills further.
• Adaptability and resilience: Demonstrable ability to be resilient and flexible in a fast-paced, tech-led, and agile environment.

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, and at times that suit you and your team.

We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup. Plus lots more!

The application journey has 4 key steps:

• Phone call with the Recruiter (30 mins)
• Initial Video interview with Hiring Manager (30 mins)
• Role specific interview with Financial Control team (60 mins)
• Behavioural interview with wider Finance members (45 mins)

This process should take around 3-4 weeks - your schedule is really important to us, so we promise to be as flexible as possible!

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.

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.