Monzo, a forward-thinking bank operating on a mission to make money work for everyone, is searching for a Technical Accounting & Advisory Senior Manager. This position aims to consolidate Monzo's technical accounting policy function, interfacing with finance and supporting their fast-paced growth. The role presents an opportunity for a seasoned professional to take the lead in a significant area that impacts the entire organization.
Job Responsibilities
The Senior Manager will report to the Director of Financial & Regulatory Reporting and have pivotal responsibilities:
Provide expert advice on complex accounting issues such as revenue recognition, leasing, and financial instruments, documenting these in technical memos.
Develop and maintain global accounting policies to ensure conformity across the organization in line with updated standards (IFRS).
Collaborate with product teams to assess accounting implications of new products and complex transactions before their launch.
Manage technical queries strategically, delegating project components to optimize team capabilities and enhance technical skills.
Lead an internal technical accounting forum for discussing accounting estimates and judgments while seeking approvals on new policies and standards.
Act as a primary technical partner, translating intricate technical standards into actionable advice for business units.
Facilitate discussions with external auditors, preparing comprehensive accounting papers to defend reported positions.
Build effective working relationships with internal teams, external auditors, and advisors.
Required Skills and Experience
Applicants are expected to exhibit the following skills and qualifications:
Fully qualified accountant (ACA, ACCA, or CPA).
Minimum of 5 years experience in accounting policy or technical accounting, preferably gained within a banking institution or at a Big 4 accounting advisory firm.
Key Attributes:
Technical Skills: Strong knowledge of IFRS, especially in specialized areas like IFRS 9.
Collaborative Leadership: Experience in managing diverse workloads across teams and utilizing external capabilities effectively.
Stakeholder Management: Ability to drive alignment and facilitate technical discussions among senior leadership and cross-functional teams.
Communication Skills: Capable of simplifying complex technical standards into clear guidance for non-finance stakeholders.
Resource Optimization: Strong organizational skills to prioritize effectively while fostering skill development within the team.
Adaptability: Resilience and flexibility are essential in a rapidly changing tech environment.
Salary and Benefits
The comprehensive compensation package includes:
A competitive salary ranging from £106,300 to £143,800.
Incentive Awards tied to performance.
A flexible working arrangement allowing for remote work, with expectations of occasional in-person meetings in London.
A £1,000 annual learning budget for professional development through courses and training.
Provision of Macbooks for all employees, with additional support for remote workers.
Additional benefits that contribute to a supportive work environment, including flexible working hours and a commitment to diversity and inclusion.
Application Process
The application journey consists of four key steps:
The entire recruitment process should span 3-4 weeks, emphasizing flexibility to accommodate candidates’ schedules.
Company Values and Culture
Monzo emphasizes diversity and inclusion, striving to create an environment where all employees can thrive and achieve their best work. This is central to Monzo's mission of helping people navigate their financial lives effectively. They are an equal opportunity employer, dedicated to hiring without discrimination based on age, ethnicity, religion, gender, or other identifiers. Monzo encourages applicants to use their preferred names when applying.
Conclusion
This role is ideal for a qualified accountant with a background in technical accounting and a passion for finance in a tech-centric banking environment. It offers a chance to influence the future of an innovative bank that is committed to simplifying transactions for everyone.
This job offer was originally published on jobicy.com
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