Senior Director of Global Tax

Job description

🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as  personal and business bank accounts, we offer joint accounts , accounts for 16-17 year olds , a free kids account and credit cards in the UK, with more exciting things to come beyond. Our UK customers can also save , invest and  combine their pensions with us. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products - we want to solve problems and change lives through Monzo ❤️ 📍London, Cardiff or Distributed | 💰 Dependant on experience + Incentive Awards tied to your performance + Benefits | Hear from the team ⭐Our Tax team We're looking for an experienced, hands-on and enthusiastic Senior Director of Global Tax to lead the Global Tax team at Monzo, and our wider finance team. You’ll be leading our growing Tax team of 10+ individuals, and will be reporting into the Group Financial Controller (with a close partnership with the MBL Chief Financial Officer and wider Executive team). A large part of the role involves advising on the tax implications of all new business developments, ensuring we’re both set up for compliance and optimised wherever possible and appropriate. Given the stage Monzo is currently at in its growth journey, these will be many and wide ranging, from customer products to treasury strategies, group reorgs to mobility proposals, systems implementations to international expansion. 🔑 Key responsibilities of the role... • Global tax strategy: Defining how Monzo approaches tax across the UK, Europe, and future markets. You will set our tax risk appetite and prepare reporting for our Audit and Risk Committee. • International expansion: Structuring cross-border expansion across Europe and future regions, advising on market-entry structures, permanent establishment risks, and local compliance. • Transfer pricing: Establishing, documenting, and defending our global transfer pricing strategy and intragroup financing arrangements. • Total tax ownership: Overseeing group Direct Tax, Indirect Tax (VAT), Employment Tax, Transfer Pricing, and Operational Customer Taxes across all locations. • Tax authority relationships: Acting as the primary liaison with HMRC and international tax authorities, proactively managing tax audits, and overseeing statutory regimes including Senior Accounting Officer compliance. • Product and commercial advisory: Working directly with product managers, engineers, and treasury to understand what they want to build (from savings pots to complex lending products) and ensuring the tax treatment is clear from day one. • Leading the team: Mentoring and leading our tax team, fostering a culture of technical excellence, autonomy, and commercial focus. • AI and automation: Designing a tech-enabled tax operating model that embeds AI, workflow tools, and automation across our compliance, reconciliations, and contract reviews; scaling our output as volumes grow while keeping the team focused on high-judgement strategic work. </ul