Financial Analyst

Financial Analyst | Madrid

Monex is a leading global financial solutions provider, offering a complete set of tools to support business growth and strategic financial operations.

We specialise in FX risk management and international payments, helping corporate and institutional clients design tailored FX solutions to navigate currency volatility with confidence. Our team of FX specialists implement well-considered currency strategies, offering dedicated support to help clients manage their payment needs – whether for goods, services, or direct investments.

In 2023, Monex facilitated $309 billion in FX turnover, managed $10.7 billion in assets, and processed 8.5 million transactions. With offices across North America (Canada, the US, and Mexico), Asia (Singapore), and Europe (the UK, Spain, and the Netherlands), we serve over 66,000 clients worldwide.

By combining global reach with deep local market expertise, Monex enhances businesses with a suite of financial solutions and FX market analysis to help optimise efficiency, mitigate currency risk, and protect margins in an increasingly complex financial landscape.  Our corporate client experience is further enhanced by our dedicated sector expertise across a range of industries.

Department Overview

The Finance Department is responsible for strategic planning, financial planning & analysis (FP&A), budgeting and forecasting, financial reporting and control, tax and compliance, as well as accounts payables/receivables groups. The department is occupied with generating information to support decision making across activities, including creating strategic and financial plans, developing estimations of revenue and expenses, creating financial statements, or completing government forms and filings.

Job Overview

The Financial Analyst is tasked with assisting in the preparation of budgets and forecasting, the coordination of the annual capital expenditure plan process, and the preparation of diverse financial reports. They give support to the Senior Financial Analyst, the Head of Business Enablement, the Finance team and other business areas in reporting, budgeting, and documentation activities.

Key Responsibilities & Accountabilities

• Perform data analysis using in-house databases to provide all relevant departments with accurate metrics and help management decision-making with automated daily and monthly reports
• Support the Senior Financial Analyst with the preparation of budgets and forecasting
• Work closely with the Senior Financial Analyst and Head of Business Enablement to develop the annual operating budget and models to be used to forecast operating expenditures
• Analyse financial reports, completing the monthly balance sheets, the income statement, and reporting on changes in financial position and budget variance
• Generate, prepare and summarise reporting packages, monthly and quarterly
• Assist project work
• Assist with the optimisation of reports and the adaptation of processes to new systems

Business Knowledge / Technical Skills

• Previous experience working with and managing large databases, ideally within a regulated investment firm
• Strong accounting, finance and book-keeping background
• Ability to learn new tasks and procedures quickly
• Some awareness of financial regulations, compliance and risk management within assigned country and/or region
• Some knowledge of the regulatory environment in which an FX firm operates
• Able to demonstrate a clear understanding of the purpose of risk management and compliance within a regulated environment
• Knowledge of treasury is an advantage
• Ability to analyse complicated data with agility
• Ability to collate information

Systems / Knowledge Skills

• MS Office; Outlook, Word, advanced Excel including V-Lookups, pivot tables, etc
• SQL Programming and Power query
• HR Systems - Workday

Languages

• High standard of oral & written Spanish and English is mandatory
• Fluency in other European languages (e.g. Dutch, French, Luxembourgish etc.) is desirable.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us