Regulatory and Accounting Specifications Manager

About Us

Nu is one of the largest digital financial platforms in the world, with more than 122 million customers across Brazil, Mexico, and Colombia. Guided by our mission to fight complexity and empower people, we are redefining financial services in Latin America and this is still just the beginning of the purple future we're building.

Listed on the New York Stock Exchange (NYSE: NU), we combine proprietary technology, data intelligence, and an efficient operating model to deliver financial products that are simple, accessible, and human.

Our impact has been recognized by global rankings such as Time 100 Companies, Fast Company’s Most Innovative Companies, and Forbes World’s Best Bank. Visit our institutional page https://international.nubank.com.br/careers/  

About Our Controllership Chapter:

We are producing reliable and traceable accounting and finance information, supporting the company’s growth through a robust, reliable and scalable process with a focus on data and analytics. We are responsible for bringing together all of Nubank’s financial data, monitoring it, making sure that everything is accounted for in our systems. We are also in charge of all the regulatory and financial reports, cash management and financial operations for Nubank.

As a Regulatory and Accounting Specifications Manager, you’ll be expected coordinate a team which:

• Analyze and understand how the products work in the Mexican market, as well as their respective regulations.
• Analyze and understand IFRS impacts
• Analyze the financial events and data structure of new products and features and its impacts on accounting, taxes and regulation in order to determine their journal entries and changes in the regulatory reports, according to accounting and regulatory frameworks established by the Mexican authorities.
• Research and analyze technical accounting matters, including the assessment of the impact of new accounting regulation and pronouncements, to ensure the product’s accounting is in compliance with the applicable standards.
• Manage cross-functional activities regarding accounting, reporting and systems-related partnering Product Managers, Engineers, Operations, Legal, Compliance and other stakeholders, from Mexico and other countries where Nu operates.
• Build reports regarding Nu Mexico’s products portfolio, financial insights for internal forums and support on building the local Financial Statements.
• Attend and coordinate activities inside the team in relation to requirements from internal and external audits regarding product’s accounting and regulatory reports.
• Work with the Analytics Engineers and Finance Platform analysts collaborating with specification, design, and implementation of data architecture for building, improving and automatizing processes and controls for the accounting and regulatory matters.
• Proactively identify improvement  opportunities and work to implement the solutions designed.
• Be familiar with data management discipline, being capable of supporting the team to develop basic queries for balance sheet and income statement analysis

We are looking for a Regulatory and Accounting Specifications Manager professional who has:

• Bachelor’s degree in accounting, finance or similar
• Professional experience of 8+ years working in financial institutions 
• Strong technical accounting knowledge including Financial Regulated Entities framework, NIF’s and IFRS
• Relevant experience preparing product accounting journal entries, accounting reconciliations, and monthly accounting reports, as well as creating internal controls
• Demonstrated experience with preparation and review of CNBV regulatory reports
• Ability to tackle complex problems involving a number of topics/variables, such as business, regulatory, operational and product features
• Strong interpersonal, influence and project management skills with the ability to communicate well with different levels of stakeholders and management
• Advanced knowledge and use of Excel or Google Sheets 
• SQL knowledge preferred or desire to learn 
• Intermediate English level. Must be comfortable with oral and written communication 

Benefits

• Chance of earning equity at Nu
• Extended maternity and paternity leaves 
• Health and life insurance 
• Dental and Vision Insurance
• NuCare - Our mental health and wellness assistance program
• Nucleo - Our learning platform of courses
• NuLanguage - Our language learning program
• Holiday Bonus ("Aguinaldo") of 30 days of pay per year
• 17 days of paid vacation with 25% vacation bonus
• Gym partnership
• Food card
• Work-from-home Allowance
• Parental Consultancy
• Relocation Assistance Package, if applicable

Work Model for this Role

Hybrid 1week/cycle: Our hybrid work model brings us to the office for one week every cycle, which may vary between one and three months. For more details, visit https://building.nubank.com/nu-hybrid-work-model/