Internal Control Specialist - Focus on Business and Accounting Processes, Risks and Controls

About CloudWalk:

We are not just another fintech unicorn. We are a pack of dreamers, makers, and tech enthusiasts building the future of payments. With millions of customers and a hunger for innovation, we're now expanding our neural network - literally and metaphorically.

At CloudWalk, Compliance is a strategic partner - not a blocker. We blend regulatory expertise, business knowledge, technology, and risk intelligence to enable disruptive innovation with integrity, safety, and resilience. We work across Product, Finance, Operations, Legal, Engineering, and other teams to ensure CloudWalk grows sustainably and responsibly.

About the Internal Control Area:

The Internal Control Area is responsible for strengthening CloudWalk's governance, maintaining consistent and reliable processes, and ensuring the company operates in alignment with regulatory expectations and best practices.

We support the business in identifying risks, designing effective controls, testing process reliability, and promoting a control-aware culture that scales with our rapid growth. This role focuses on business and accounting processes, ensuring financial accuracy, operational consistency, and strong end-to-end process governance.

What You'll Do

As an Internal Control Specialist focused on Business and Accounting Processes, you will play a hands-on role in assessing, testing, documenting, and enhancing CloudWalk's internal control environment across Finance, Operations, Payments, Billing, Treasury, and other business-critical areas.

1. Execution of Business & Accounting Control Testing

• Perform design and operating effectiveness testing for controls across: Procure-to-Pay (P2P), Order-to-Cash (O2C) / Payments lifecycle, Record-to-Report (R2R), Financial Close and Accounting processes, Treasury and cash management, Reconciliations and financial data integrity, Revenue recognition and billing
• Evaluate evidence, validate process documentation, and ensure controls operate as intended
• Identify deficiencies, document results, and track remediation plans

2. Risk & Control Assessments (Business and Finance Focus)

• Support the execution of risk and control assessments for business and accounting processes
• Map end-to-end processes, identify key risks, and evaluate the adequacy of controls
• Assist in ensuring processes reflect regulatory expectations and best practices for S3/S4 institutions
• Contribute to identifying risks related to: Payment flows and settlements, Merchant operations, Financial reporting, Fraud prevention, Data accuracy and completeness, Third-party dependencies

3. Process & Control Documentation

• Develop and maintain process narratives, flowcharts, control matrices, and standard operating procedures
• Ensure documentation remains aligned with evolving products, regulations, and organizational changes
• Work with Accounting, Finance, Operations, and Product teams to ensure accuracy

4. Incident & Deficiency Follow-Up (Business Control Perspective)

• Support analysis of control failures related to financial or business processes
• Conduct or assist with root cause analysis (RCA) to identify underlying issues
• Track corrective action plans and validate remediation effectiveness

5. Collaboration with Finance, Operations & Product Teams

• Work cross-functionally to embed control requirements into business processes
• Partner with Accounting and FP&A to support financial reporting accuracy
• Collaborate with Payments and Operations teams to ensure safe and scalable operational flows
• Promote awareness and understanding of internal controls across the organization

6. Governance, Reporting & Continuous Improvement

• Assist in preparing dashboards and management reports on control performance
• Track key themes, systemic issues, and emerging risks in business and accounting processes
• Identify opportunities for process optimization, automation, and enhanced control design

What You Need to Succeed

Education and Experience

• Bachelor's degree in Accounting, Business Administration, Economics, Engineering, Finance, or related areas
• Experience in Internal Controls, Audit (internal or external), Operational Risk, Compliance, or Accounting within financial institutions, fintechs, or SOX-regulated companies
• Experience with SOX (Sarbanes-Oxley) controls, documentation standards, walkthroughs, testing methodologies, and deficiency remediation is a strong advantage
• Familiarity with internal control and governance frameworks (COSO, COBIT, ISO, etc.) is a plus

Technical Skills

• Strong understanding of accounting principles, financial cycles, and business process controls
• Ability to evaluate reconciliations, journal entries, accounting estimates, and financial documentation
• Experience analyzing process evidence and identifying control weaknesses
• Strong documentation and analytical skills; ability to translate complex processes into clear narratives or flowcharts
• Previous exposure to ERP systems, financial tools, BI dashboards, or reconciliation platforms is beneficial

Soft Skills

• Analytical, detail-oriented, and curious mindset
• Strong communication skills with finance and non-finance stakeholders
• Proactive, organized, and capable of managing multiple priorities
• Hands-on mindset with high ownership

The Future We See:

At CloudWalk, we envision a future where AI empowers every field to reach new heights:

• People teams leveraging AI to transform talent acquisition and employee development.
• Marketing professionals creating data-driven, AI-powered campaign strategies.
• Customer Success teams enhancing client experiences with intelligent solutions.
• Risk analysts combining human expertise with AI to navigate complexities.
• Designers collaborating with AI to push creative boundaries.

Join us at CloudWalk, where we're not just engineering solutions; we're building a smarter, AI-driven future for payments-together.

By applying for this position, your data will be processed as per CloudWalk's Privacy Policy that you can read here in Portuguese and here in English.

We use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, assessing responses, and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.

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