At a Glance
- Tasks: Lead payroll processes across multiple EU countries and ensure accuracy.
- Company: Join Monzo, a forward-thinking bank with a vibrant culture.
- Benefits: Competitive salary, share options, flexible hours, and a £1,000 learning budget.
- Other info: Enjoy a supportive environment with opportunities for growth and development.
- Why this job: Be part of an exciting expansion and make a real impact in payroll.
- Qualifications: End-to-end payroll experience in Spain or Italy and knowledge of EU legislation.
The predicted salary is between 44000 - 50000 £ per year.
EU Payroll Associate – Monzo Bank
Location: London or Remote UK | Salary: £44,000 – £50,000 + share options
About the role
Monzo is expanding into the EU and we need a payroll associate with EU payroll experience to lead our payroll processes across Ireland, Spain, France, Italy, Netherlands, Germany, Portugal and new EU countries.
Key responsibilities
- Work with Tax, Legal and People teams to launch new EU payrolls.
- Compile and reconcile monthly EU payrolls.
- Answer general payroll queries for EU‑based Monzonauts.
- Monitor payroll processes to minimise errors and provide technical expertise.
- Act as first point of contact with EU payroll providers.
- Work closely with POps and People Collective teams to deliver accurate and timely data submissions.
Required skills and experience
- End‑to‑end payroll experience in Spain or Italy at a minimum.
- Knowledge of EU payroll legislation and best practice.
- High accuracy, autonomy and strong attention to detail.
- Highly organised with ability to meet tight deadlines.
- Experience setting up new payrolls and benefits.
Desired attributes
- Empathetic and passionate about delivering a great Monzonaut experience.
- Open, adaptable and comfortable with change.
- Excellent communication skills.
- Detail‑orientated, able to spot and correct mistakes.
- Willing to provide help and support to the People Collective.
- Knowledgeable about payroll process and procedure.
- Works well with ambiguity.
Benefits
- £44,000 – £50,000 + share options.
- Flexible working hours and trust to work from home.
- £1,000 learning budget yearly.
- MacBook and home‑office support for remote workers.
- Full benefits list available.
Application journey
- Short phone call with hiring team.
- Take‑home task.
- Final stage: role‑specific and behavioural interview.
Equal opportunities
Monzo is an equal opportunity employer. All applicants will be considered without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, veteran, neurodiversity or disability status. Preferred name may be used at application stage.
EU Payroll Associate in City of London employer: Monzo Bank
Monzo Bank is an exceptional employer that prioritises employee well-being and growth, offering a competitive salary alongside share options. With a flexible working culture that supports remote work and a generous learning budget, Monzo fosters an environment where employees can thrive and develop their skills while contributing to the exciting expansion into the EU. Join a team that values empathy, adaptability, and collaboration, making it a rewarding place for those seeking meaningful employment.
StudySmarter Expert Advice🤫
We think this is how you could land EU Payroll Associate in City of London
✨Tap into Campus Networks
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We think you need these skills to ace EU Payroll Associate in City of London
Some tips for your application 🫡
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Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Monzo Bank.
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How to prepare for a job interview at Monzo Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Monzo Bank.
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Before your interview, reach out to current or former Monzo Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
