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 happy 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 regulatoryexpertise, business knowledge, technology, and risk intelligence to enable disruptive innovationwith integrity, safety, and resilience. We work across Product, Finance, Operations, Legal,Engineering, and other teams to ensure CloudWalk grows sustainably and responsibly.The Internal Control Areais responsible for strengthening CloudWalk’s governance,maintaining consistent and reliable processes, and ensuring the company operates in alignmentwith regulatory expectations and best practices. We support the business in identifying risks, designing effective controls, testing processreliability, and promoting a control-aware culture that scales with our rapid growth. This role focuses onbusiness and accounting processes, ensuring financial accuracy,operational consistency, and strong end-to-end process governance.What You Will Be Doing• 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 dependencies3.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• 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. The future we will see• As CloudWalk grows, Internal Controls will increasingly leveragedata analytics, automation, and enhance process reliability and financial accuracy. You will contribute to initiatives such as:• Automated reconciliations• Data-driven anomaly detection• Continuous monitoring of key financial metrics• Improved governance over financial reporting and operational flows• Control-by-design embedded into business processes and systems• This role is ideal for professionals passionate about combining financial expertise, process improvement, and risk-conscious decision-making to support the future of a fast-scaling fintechJoin 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. Apply tot his job