Accounting Specialist - Regulatory

Overview

Remote position based in Brazil. The role supports regulatory accounting and financial reporting obligations for a regulated Payment Institution in Brazil.

Reporting to the Brazil Controller, this position is responsible for COSIF bookkeeping, expected credit loss calculations, Pix and payment account reconciliations, and preparation and submission of ancillary obligations to the Central Bank of Brazil (BCB). It also ensures accurate, timely regulatory submissions, strong financial controls, complete supporting evidence, and readiness for audits and regulatory inspections. Collaboration occurs with Accounting, Finance, Compliance, Regulatory Affairs, Risk, Treasury, Tax, Internal Audit, and external auditors.

Responsibilities

• Perform daily and monthly bookkeeping for the Payment Institution in accordance with the COSIF chart of accounts and National Financial System accounting standards.
• Classify and measure financial instruments using amortized cost, fair value through other comprehensive income, and fair value through profit or loss.
• Calculate and record expected losses using the Expected Credit Loss model (Stages 1, 2 and 3) on customer receivables, operating balances, and financial assets, aligned with CMN Resolution No. 4,966/2021 and IFRS 9.
• Prepare, validate, and transmit ancillary obligations to the BCB, including CADOC 4010/4016, 9010/9011, and 4111, plus information on payment accounts and electronic money balances.
• Conduct daily settlement reconciliations for Pix and payment accounts by comparing transactional platform reports with COSIF balances and correcting discrepancies.
• Perform balance sheet reconciliations, investigate variances, and maintain clear audit trails for regulatory and accounting balances.
• Provide accounting bases for the calculation of Regulatory Capital and risk-weighted assets with the Risk team.
• Support preparation of audited financial statements, explanatory notes, and regulatory disclosures.
• Support internal and external audits and BCB inspections by preparing working papers, reconciliations, ECL calculation records, supporting documentation, and tracking issue follow-up and remediation.
• Coordinate information across departments for regulatory requests, ensuring consistency, accuracy, and traceability.
• Monitor BCB accounting and regulatory updates affecting Payment Institutions, including IFRS convergence, and translate new requirements into processes, controls, and reporting routines.
• Maintain procedures, control documentation, and evidence repositories, and identify opportunities for process improvement and automation.

Requirements

Experience & Education

• Bachelor’s degree in Accounting; professional registration (CRC) preferred.
• 5+ years of experience in accounting, audit, regulatory reporting, financial reporting, or a compliance-related function.
• Experience in a regulated financial institution, payment institution, fintech, bank, or comparable environment.
• Experience supporting external audits, statutory audits, or regulatory reviews.

Technical & Functional Skills

• Solid knowledge of IFRS and local accounting standards, including financial statement preparation and disclosures.
• Understanding of regulatory reporting frameworks, audit and assurance processes, internal controls, and risk and compliance governance.
• Strong expertise in account reconciliations and balance sheet analysis.
• Advanced Excel skills and practical experience with ERP systems (SAP B1 and Oracle Fusion).
• Professional English for documentation and collaboration in a multinational environment.

Preferred Qualifications

• Professional registration (CRC).

Compensation & Benefits

In addition to a competitive salary, benefits include:

• Health insurance
• Cancer and life insurance
• 30 days of paid vacation
• 4 paid volunteer days per year
• Summer hours (Dec–Mar)
• Birthday day off

Location

Remote position based in Brazil.

Application Requirement

CV must be attached in English.