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

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. The Internal Control Areais 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 onbusiness and accounting processes, ensuring financial accuracy, operational consistency, and strong end-to-end process governance. What You Will Be Doing

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.

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

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.

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.

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.

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.

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

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.