Internal Control Specialist – Focus on Business and Accounting Processes, Risks

About CloudWalk

About the Compliance Team

About the Internal Control Area

What You Will Be Doing

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

As CloudWalk grows, Internal Controls will increasingly leverage data analytics, automation, and AI to 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 system.
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 fintech