Senior Finance Analyst in London

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 Costs Team is looking for a Senior Finance Analyst to take a leading role in managing operating expenses across Monzo's Collectives and Disciplines, helping business leaders understand financial performance, anticipate emerging risks and make better-informed spending decisions. This role takes independent ownership of an allocated cost portfolio, combining financial planning, forecasting, performance management and commercial analysis. You’ll go beyond maintaining accurate financial models and reporting to challenge assumptions, investigate complex cost drivers and recommend actions that improve financial performance. You’ll work directly with senior business stakeholders, Finance Business Partners, Procurement and the wider Cost Efficiency team. You’ll also help raise the standard of financial analysis across the team, supporting less experienced analysts and improving how we forecast, report and manage costs.

You’ll play a key role by:

• Independently owning operating expense planning and forecasting for your allocated Collectives and Disciplines, building and maintaining robust financial models, challenging business assumptions and explaining material movements in the expected full-year position.
• Leading financial performance analysis for your portfolio, investigating complex variances across cost lines, suppliers and business activities, identifying underlying drivers and translating findings into quantified risks, opportunities and management recommendations.
• Driving monthly business performance discussions, producing and presenting decision-ready financial insight to senior stakeholders, confidently challenging expenditure, explaining forecast implications and securing agreement on actions.
• Providing financial analysis for material business decisions, evaluating new investments, supplier commitments, organisational changes and cost initiatives, including their affordability, in-year impact, annualised run-rate and expected financial benefits.
• Proactively identifying and delivering cost efficiency opportunities, partnering with Procurement and business owners to challenge existing expenditure, quantify achievable savings and track delivery against agreed financial baselines.
• Maintaining strong financial control and forecasting discipline, overseeing the quality of month-end actuals, accruals, forecast assumptions and financial commentary within your portfolio, resolving complex issues and escalating material risks early.
• Raising the capability of the wider analyst team, providing technical guidance, reviewing complex analysis, sharing financial modelling and reporting best practices, and helping less experienced colleagues develop their financial judgement.
• Leading targeted improvements to financial processes and reporting, identifying recurring weaknesses in forecasting, data quality or controls, and working with Finance Data and colleagues to implement measurable improvements in accuracy, efficiency and scalability.

We’d love to hear from you if:

• You have strong hands-on experience in FP&A, commercial finance or management accounting, including independent ownership of financial forecasts, management reporting and financial performance analysis.
• You’re highly proficient in Excel or Google Sheets, with experience building and maintaining driver-based financial models, scenario analysis and reconciliations that other Finance colleagues can confidently review and use.
• You can demonstrate experience challenging forecasts and identifying the underlying business drivers of financial performance, rather than relying solely on historical variance analysis.
• You’ve independently prepared and presented financial analysis to senior business stakeholders, explaining complex financial matters, challenging assumptions and influencing decisions.
• You have experience evaluating business cases, supplier commitments or cost initiatives, including quantifying financial impacts, assessing assumptions and tracking expected benefits.
• You can demonstrate improvements you’ve made to financial processes, forecasting models or reporting, with measurable benefits such as improved accuracy, reduced manual effort or stronger controls.
• You’ve helped develop the technical capability of colleagues, through coaching, peer review, sharing modelling techniques or improving the quality of financial analysis across a team.

What’s in it for you:

• 56,000 - 75,000 + Incentive Awards tied to performance.
• This role is based in our London office, with a hybrid working environment with flexible working from home arrangements and some in-person attendance. We’re open to distributed working within the UK (with the expectation of occasional work from our London office for key meetings).
• 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.
• 1,000 learning budget each year to use on books, training courses and conferences.
• 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 these 3 key steps:

• Phone call with recruiter (30 minutes)
• Role Specific with Hiring Manager & Finance Business Partner (45 Minutes)
• Behavioural Interview with Head of Department & Senior Finance Manager (45 Minutes)

Our average process takes around 3-4 weeks but we will always work around your availability. Please submit your application as soon as possible to make sure you don’t miss out.

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. 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.