Operational Tax, Senior Manager
About the role
Senior manager role leading operational tax for Monzo, owning tax reporting and compliance across UK and Europe, partnering with Product and market teams to embed tax into product design and ensure scalable processes.
Responsibilities
- Owning operational tax: Be Monzo’s subject matter expert on operational tax, advising the business and ensuring obligations are met as we grow and enter new markets.
- Leading compliance & controls: Own operational tax processes and controls across jurisdictions (BBSI, ISA reporting, FATCA and CRS, Corporate Criminal Offence, CT61s, and overseas equivalents); build new processes as products and markets evolve.
- Shaping new products: Partner with Product and local market teams from the outset to embed tax into product design, reporting and controls, and edge-case testing.
- Staying ahead of change: Monitor tax laws, regulations and case law across the UK and EU; translate changes into actionable plans and prepare for new requirements.
- Partnering across Monzo: Collaborate with Product, Financial Crime, Engineering, Legal, EU Next Markets and Finance to address operational tax issues and support business initiatives
Qualifications
- Qualified accountant and/or qualified tax advisor, or equivalent significant experience.
- Significant in-house experience in Operational Tax.
Skills
Benefits
- £94,700 - £111,400 + incentive awards tied to performance
- Distributed UK working with occasional London office presence
- Flexible working hours
- £1,000 learning budget per year
- Macbooks and home-office support for remote workers
About Monzo Bank
A bank as smart as your phone.
YC has written a good overview of our business on their blog: https://blog.ycombinator.com/monzo-makes-money-work-for-everyone/ Our mission is to make money work for everyone. We are the UK's leading digital bank for individuals and businesses, reinventing the traditional banking industry one customer at a time. We're relentlessly mission driven and always put our customers first - from what products we chose to launch next to our transparency and use of simple language. With a Net Promoter Score of 70+, it shows. From our founding in 2015, we now have over 7 million customers in the UK (13% of UK adults) and are building out our team in the US. We've seen incredible organic growth, acquiring 150,000 customers / month in 2022, with 80% of this coming from word of mouth. Our weekly active user rate is ~60% and ~40% of our active users use us as their Main Bank account, showing that we are a product that is embedded in our users' daily lives. We've grown to ~2,450 staff (~400 of which make up the product/tech team), and are backed by YC, Stripe, Tencent, Mike Moritz, and others. Internally, we encourage an open, collaborative, and inclusive working environment - we were voted the #1 startup where people in the UK want to work for the second year running in 2022. We contribute to open source software, and we continually engage with our wonderful community. We're hiring talented, creative problem-solvers to help us build the bank of the future. Join us!
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