Senior Finance Analyst

We're on a mission to make money work for everyone.

As a Senior Finance Analyst at Monzo, you'll 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.

Responsibilities:

• Independently own 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.
• Lead 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.
• Drive 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.
• Provide 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 identify and deliver cost efficiency opportunities, partnering with Procurement and business owners to challenge existing expenditure, quantify achievable savings and track delivery against agreed financial baselines.
• Maintain 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.
• Raise 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.
• Lead 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.

Requirements:

• Strong hands-on experience in FP&A, commercial finance or management accounting, including independent ownership of financial forecasts, management reporting and financial performance analysis.
• 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.
• Experience challenging forecasts and identifying the underlying business drivers of financial performance, rather than relying solely on historical variance analysis.
• Independently prepared and presented financial analysis to senior business stakeholders, explaining complex financial matters, challenging assumptions and influencing decisions.
• Experience evaluating business cases, supplier commitments or cost initiatives, including quantifying financial impacts, assessing assumptions and tracking expected benefits.
• Demonstrated improvements to financial processes, forecasting models or reporting, with measurable benefits such as improved accuracy, reduced manual effort or stronger controls.
• Helped develop the technical capability of colleagues, through coaching, peer review, sharing modelling techniques or improving the quality of financial analysis across a team.

Benefits:

• £56,100 - £70,000 + Incentive Awards tied to your performance
• Flexible working hours and trust to work enough hours to do your job well
• £1,000 learning budget each year to use on books, training courses and conferences
• Hybrid working environment with flexible working from home arrangements and some in-person attendance
• Macbooks provided for remote workers
• Extra support for work-from-home setup

Application Process:

• 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)