Head of Accounting Policy

Job Overview

Monzo is looking for an experienced and ambitious professional for a newly created, high impact Head of Accounting Policy role. This role is designed to establish and lead our technical accounting policy function for our Group, UK and EU regulated entities. Rooted in the banking sector, the successful candidate will sit at the intersection of finance and commercial growth. You will act as the primary technical interface for the business, assessing new commercial proposals, leading technical accounting fora, and strategically triaging work across the wider finance team to utilise the existing technical capability of the team as well as lead in developing those skills further.

This is a key role with real impact, working closely with the Group Financial Controller, UK and EU CFOs to deliver high quality external reporting, technical accounting and advisory in support of our fast growing, tech driven bank.

We’re looking for someone with significant experience in an accounting policy, technical accounting role, ideally from a banking background. You’ll thrive in a fast paced, ever evolving environment and have a hands on, delivery focused mindset, supporting Monzo’s mission to make money work for everyone.

• Providing expert advice on complex accounting issues such as revenue recognition, leasing and financial instruments, and documenting conclusions in technical memos.
• Developing and maintaining global accounting policies, ensuring consistency across the organisation and compliance with updated standards (IFRS).
• Leading projects for the adoption of new accounting standards.
• Partnering with commercial and product teams to evaluate the accounting implications of new products, lending propositions and complex transactions prior to launch.
• Managing the intake of technical queries, strategically triaging and delegating project components to utilise existing and develop the technical skills within the wider finance team.
• Establishing, coordinating, and chairing an internal technical accounting forum to debate, align, and secure sign-off on areas of accounting estimates and judgments, as well as new policy and standards.
• Acting as the dedicated technical accounting partner to the business, translating complex technical standards into actionable business advice.
• Leading the technical dialogue with external auditors, authoring robust accounting papers to justify and defend the Monzo’s reported positions.
• Building and maintaining effective working relationships with internal stakeholders, external auditors and advisors.

• Experience – Fully qualified accountant (ACA, ACCA or CPA) with 5+ years of experience in accounting policy, technical accounting or Big 4 accounting advisory.
• Technical Skills – Strong, hands on knowledge of IFRS particularly in specialised areas such as IFRS 9.
• Banking Background (preferred) – Proven track record within a banking institution or a Big 4 banking or financial services advisory practice.
• Collaborative Leadership – Demonstrated experience in managing workloads across a team, utilising external skill sets rather than working in a silo.
• Stakeholder Management – Ability to facilitate technical debate and drive alignment among senior leaders and cross‑functional teams.
• Communication – Strong capability to communicate technical standards into clear, professional and practical guidance for non finance stakeholders.
• Resource Optimisation – Sharp prioritisation and organisational skills to effectively triage proposals and maximise the existing capabilities of the wider team, while also developing those skills further.
• Adaptability and resilience – Demonstrable ability to be resilient and flexible in a fast paced, tech led and agile environment.

• Salary £106,300 – £125,000 plus incentive awards tied to your performance.
• Location – This role can be based in our London office or distributed working within the UK with ad hoc meetings in London.
• Flexible working hours – Work enough hours to do your job well, and at times that suit you and your team.
• Learning budget £1,000 each year to use on books, training courses and…