Group Accounting Manager, Monese
More information about location
3 days a week in office (Marylebone, London)
Mobile-only digital banking alternative
Be an early applicant
Mobile-only digital banking alternative
101-200 employees
Be an early applicant
More information about location
3 days a week in office (Marylebone, London)
101-200 employees
Company mission
To make global banking accessible to everyone.
Role
Who you are
- Certification: Fully qualified accountant (ACA, ACCA, CIMA, CPA, or equivalent)
- Minimum of 5 years of UK and international accounting experience, with previous work history in a similar Manager role
- Strong experience of financial reporting, and month-end close processes within a medium-sized and multi-currency organisation
- Strong balance sheet control, reconciliation, and financial governance experience
- Experience supporting external audits and statutory reporting processes
- Excellent advanced Excel skills with a clear ability to handle complex accounts and data sets
- Good understanding of IFRS application
- Strong familiarity with issues relating to accounting, payroll, tax, and compliance reporting within the UK and other EU countries
- Experience with ERP systems such as SAP, Oracle, NetSuite, or similar
- Strong analytical, problem-solving, and financial interpretation skills
- High attention to detail with a commitment to accuracy and quality
- Excellent communication, stakeholder management, and influencing skills
- Comfortable operating in a fast-paced and evolving environment
- Proactive and solutions-focused, with a willingness to take ownership and be hands-on when required
- Able to manage multiple priorities and meet demanding deadlines
Desirable
- Experience within a regulated, financial services, or mid-cap organisation
- Exposure to private equity-backed, high-growth, or fast-paced business environments
- Experience using financial consolidation and reporting tools
- Experience with Power BI or other financial reporting and business intelligence tools
What the job involves
- The Group Accounting Manager oversees the financial accounting and closing processes for the company and its subsidiaries
- This role ensures the accuracy, completeness, and timely delivery of financial reports in compliance with statutory regulations. Reporting directly to the Financial Controller, the position leads a lean team, manages core banking, and drives process automation across the business
- Month-End & Closing: Manage and coordinate with the wider Finance team to ensure month-end is closed strictly within agreed timelines. Lead the consolidation of month-end accounts
- Analytical Review & Reporting: Review management accounts. Prepare and submit comprehensive analytical reviews to the Financial Controller, FP&A team, and CFO
- Treasury & Funding: Conduct weekly funding reviews and present formal payment recommendations to the CFO. Manage corporate payments and serve as the administrator for banking access
- Compliance & External Submissions: Oversee the review of payroll, VAT, and other critical external regulatory submissions across the group companies
- Specialist Accounting: Own the technical accounting and inter-departmental coordination for all intangible assets and R&D tax claims
- Process & Controls: Proactively strengthen finance processes and internal controls within the Finance team to minimize risk and ensure data integrity; Drive enhancements to financial systems, automation, and reporting capabilities to improve efficiency and reduce manual intervention
- Strategic Projects: Maintain significant involvement in high-level corporate projects, including entity restructuring, system integrations
- Team Leadership: Directly manage, support, and mentor 2 direct reports
Salary benchmarks
Our take
Most banks haven't innovated their consumer offering for decades, but in recent years the tide has been turning. Fast-moving disruptors have brought numerous consumer-first banking products to market, with valuable and innovative features - and one of these is Monese.
Monese's differentiator is that it targets customers with a ‘thin’ credit file, which makes it attractive to recent migrants or other customers that don’t have a full financial history. These people can find it cumbersome to apply for accounts with high street banks, but with Monese accounts can be opened in just 2 minutes with minimal documentation.
In 2023, the company launched its XYB banking platform, aiming to improve the way banks make financial services available for UK and European clients. The next year, Monese was acquired by Pockit (another business serving underbanked people). The companies remain in a transitionary period as the combination of their operations is finalised, both continuing to deliver their valuable services.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Sep 2022
$35m
LATE VC
Sep 2021
$90m
SERIES C
Total funding: $206.8m
Company benefits
- 25 days annual leave, plus public holidays, plus an extra day every year worked
- Hybrid working and 30 days work abroad per year
- Sports compensation with Stebby or direct discount from a gym
- 10 paid sick days per year
- Learning & development budget and 10 paid learning days per annum
- VIP Pockit & Monese accounts
- Share options (exact details depending on your role and level)
- Social events throughout the year
- Bupa personal private healthcare
Company HQ
City of London, London, UK
Leadership
Virraj Jatania
(CEO (Pockit))CEO and Co-founder of Monese's parent company, who has been involved with leading the company since its acquisition in 2024. Previously worked for a multinational company in the cosmetics and personal care space.
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