[Remote] Internal Control Specialist – Focus on Business and Accounting Processes, Risks and Controls

Note: The job is a remote job and is open to candidates in USA. CloudWalk, Inc. is a fintech company focused on reinventing the future of payments with innovative technology and AI-driven solutions. The Internal Control Specialist will assess, test, document, and enhance the internal control environment across various business-critical areas to ensure financial accuracy and operational consistency.ResponsibilitiesExecution of Business & Accounting Control TestingPerform 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 billingEvaluate evidence, validate process documentation, and ensure controls operate as intendedIdentify deficiencies, document results, and track remediation plansRisk & Control Assessments (Business and Finance Focus)Support the execution of risk and control assessments for business and accounting processesMap end-to-end processes, identify key risks, and evaluate the adequacy of controlsAssist in ensuring processes reflect regulatory expectations and best practices for S3/S4 institutionsContribute to identifying risks related to:Payment flows and settlements, Merchant operations, Financial reporting, Fraud prevention, Data accuracy and completeness, Third-party dependenciesProcess & Control DocumentationDevelop and maintain process narratives, flowcharts, control matrices, and standard operating proceduresEnsure documentation remains aligned with evolving products, regulations, and organizational changesWork with Accounting, Finance, Operations, and Product teams to ensure accuracyIncident & Deficiency Follow-Up (Business Control Perspective)Support analysis of control failures related to financial or business processesConduct or assist with root cause analysis (RCA) to identify underlying issuesTrack corrective action plans and validate remediation effectivenessCollaboration with Finance, Operations & Product TeamsWork cross-functionally to embed control requirements into business processesPartner with Accounting and FP&A to support financial reporting accuracyCollaborate with Payments and Operations teams to ensure safe and scalable operational flowsPromote awareness and understanding of internal controls across the organizationGovernance, Reporting & Continuous ImprovementAssist in preparing dashboards and management reports on control performanceTrack key themes, systemic issues, and emerging risks in business and accounting processesIdentify opportunities for process optimization, automation, and enhanced control designSkillsBachelor's degree in Accounting, Business Administration, Economics, Engineering, Finance, or related areasExperience in Internal Controls, Audit (internal or external), Operational Risk, Compliance, or Accounting within financial institutions, fintechs, or SOX-regulated companiesExperience with SOX (Sarbanes-Oxley) controls, documentation standards, walkthroughs, testing methodologies, and deficiency remediation is a strong advantageFamiliarity with internal control and governance frameworks (COSO, COBIT, ISO, etc.) is a plusStrong understanding of accounting principles, financial cycles, and business process controlsAbility to evaluate reconciliations, journal entries, accounting estimates, and financial documentationExperience analyzing process evidence and identifying control weaknessesStrong documentation and analytical skills; ability to translate complex processes into clear narratives or flowchartsPrevious exposure to ERP systems, financial tools, BI dashboards, or reconciliation platforms is beneficialAnalytical, detail-oriented, and curious mindsetStrong communication skills with finance and non-finance stakeholdersProactive, organized, and capable of managing multiple prioritiesHands-on mindset with high ownershipCompany OverviewCloudWalk is a technology company that empowers individuals and small businesses to manage money seamlessly. It was founded in 2013, and is headquartered in São Paulo, Sao Paulo, BRA, with a workforce of 501-1000 employees. Its website is https://www.cloudwalk.io.