Internal Control Specialist – Focus on Business and Accounting Processes, Risks and Controls
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.
What You'll Do
Execute 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.
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.
Contribute to identifying risks related to: Payment flows and settlements, Merchant operations, Financial reporting, Fraud prevention, Data accuracy and completeness, Third-party dependencies.
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.
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.
Collaborate with Finance, Operations & Product Teams.
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.
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.