Senior Financial Control Analyst

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 ❤️ Senior Financial Control Analyst London/Cardiff | £60,000 - £65,000 + Incentive Awards tied to your performance + Benefits ⭐ Our Financial Control Team: Monzo is growing fast - new products, new markets and new locations. As we expand we need to make sure we can support our businesses and control our processes, so we are growing our team to meet these exciting new challenges! Our team sits within Monzo’s Finance collective and our job is getting the numbers right. We’re currently a team of seven qualified accountants, split between our Cardiff and London offices, and we ensure the ledger’s correct at every month-end. We work closely with all areas of Finance and the product teams to make that happen. You’ll play a key role by… We're looking for a proactive, enthusiastic and commercially-minded accountant to work on our financial accounting, and help us build a world-class finance function. This role would be well suited to a qualified accountant with 2+ years of post-qualification experience.

We have some really exciting challenges under way like making sure we maximise our new SAP S4/HANA general ledger, expanding into the European Union, pushing forward with our automation plans, continuing to grow our customer base, growing our lending business and adding to our marketplace. You’ll work on scaling Monzo in a controlled way, while helping us optimise our financial control processes with the help of technology. You’ll report to our Financial Control Manager. Your day-to-day: - Help embed our software capitalisation process working closely with our engineering and business teams to create an automated and scalable solution. - Take on the role of product owner for the financial reporting processes of software capitalisation, operating key controls across month end close and performing impairment assessments. - Use your strong technical knowledge of relevant IFRS standards for capitalisation and impairment to support and challenge the business on areas of judgement and documentary evidence. - Manage a tight process with the rest of our internal Finance team to ensure a swift month-end close process and group consolidation. - Understand the business and our products to write insightful management commentary. - Understand our accounting systems and make sure we are taking advantage of all features we can to minimise manual elements of reporting. - Learn SQL skills to run reports and propose solutions that make our processes efficient and scalable. - Support our year end process working with external auditors and our Financial Reporting squad. - Help review new products, assessing the accounting and implementing them in our banking platform and accounting system - Work with the business to assess the impact of changes in accounting standards and make proposals on accounting policy matters for new products launched - Help maintain the integrity of our chart of accounts and financial static data - Resolve miscellaneous inquiries and support the overall finance team wherever needed - from forecasting and valuations, to bank transfers, transfer pricing and tax policy research!