Senior Commercial Finance Manager

🚀 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 ❤️

Hear from our UK team about what it's like working at Monzo ✨

📍London | 💰 Competitive + stock options Benefits | Hear from the team 

⭐️ About the role

We’re looking for a Senior Commercial Finance Manager who will be responsible for understanding, reporting and analysing costs at a strategic level, partnering with business and finance teams. The right candidate will enjoy supporting the business with new initiatives as well as building business cases, presenting & debating investment choices and is comfortable with both digging into details and thinking about the big picture. The role is not focussed on cost-cutting, but rather applying an analytical approach to ensuring that we have adequate resources to deliver against the needs of our hypergrowth business, and achieve the best cost/benefit for the services and products that we procure.

🔑You’ll play a key role by...

• Being a strategic business partner to Senior leadership in non-revenue functions (Operations, Technology, People, etc.) 
• Supporting business owners in achieving their budgets, building efficiency plans jointly to reach Group objectives and ensuring these are managed in line with business plans
• Challenging the current cost structure, driving investment decisions toward smart, efficient and scalable solutions
• Preparing management information, insights & reporting to senior leadership team, highlighting emerging issues & potential future challenges
• Developing cost performance reporting and routines, dashboards and scenario-planning tools
• Collaborating with broader FP&A team to understand and explain cost performance and variances to plan as part of overall performance tracking

🤩 We’d love to hear from you if you have...

• High analytical and deep financial experience, including financial modelling capabilities
• Commercial acumen combined with customer-centric and product-centric mindset
• Experience of preparing analytical reports that drive business decisions
• Ability to influence and build relationships with key stakeholders, as well as bringing constructive challenge to stakeholders
• Values-driven leadership
• Knowledge of retail banking products and pricing is a plus
• Knowledge of cloud computing and tech costs is a plus
• Passion for team leadership and experience managing teams is a plus

🙌What’s in it for you

💰Competitive ➕ share options.

📍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! Read our full list of benefits

🌈 The application journey has 5 key steps:

- Phone call with recruiter (30mins)
- Video interview with FP&A Director (45 mins)
- Case study and video interview with senior finance leader (45 mins)
- Video interview with Leadership team from a business area (45 mins)
- Final round with CFO (45 mins)

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on business-hiring@monzo.com

We’ll only close this role once we have enough applications for the next stage. 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. You can read more in our blog, 2023 Diversity and Inclusion Report and 2024 Gender Pay Gap Report.

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 😊