Regulatory Accounting Lead
RecargaPay
$0-$0 / yr
Salary
brazil
Region
ASAP
Start Date
About RecargaPay
RecargaPay is the payments app for all Brazilians whose mission is to democratize mobile payments & financial services in Brazil. We strive to empower individuals and small businesses to take control of their financial lives. In an easy, fast, and secure way, we facilitate access to customers & merchants to solve their needs with convenience, security, and without the need to wait in lines. It's easier to pay bills with the options of installments in up to 12x, to cash in using boleto, credit card, debit cards, loans, QR codes, mPOS and Pix, and cash-out with multiple efficient alternatives.
Founded in 2010 by Rodrigo Teijeiro (CEO), Alvaro Teijeiro (CTO) and Gustavo Victorica (COO). RecargaPay has raised over US$ 80 million in venture capital from a group of investors led by IFC, DN Capital, FJ Labs, The Venture City, IDC, ATW and more than 100 angel investors from AngelList and FundersClub.
WE BELIEVE
That we live in an era of constant disruption, vast opportunities, and ample liquidity to be put at the service of new ideas.
That a smartphone per every human is just a matter of time and all industries will be disrupted as a consequence.
That small interdisciplinary teams, committed to solving complex problems at scale, are the best positioned to have a deep and positive impact.
WE ARE A BOLD, PASSIONATE GROUP OF INDIVIDUALS WITH VAST EXPERIENCE BUILDING COMPANIES AND PRODUCTS ON THE BASIS OF THESE CONVICTIONS, ALL AIMING TO MAKE YOUR LIFE EASIER THROUGH APPLIED TECHNOLOGY.
About this Role.
Come Make an Impact on Millions of Brazilians!
At RecargaPay, we're on a mission to deliver the best payment experience for Brazilian consumers and small businesses by building a powerful digital ecosystem where the banked and unbanked connect, and where consumers and merchants have a one-stop shop for all their financial needs.
We serve over 10 million users and process more than USD 4 billion annually. We've been profitable since 2022 and operate our own credit business. We are an AI-first, 100% remote team, scaling in the rapidly changing Brazilian financial market.
Our goal? Deliver the best payment experience in Brazil for people and small businesses alike.
We value autonomy, ownership, and a bias for action. We're looking for people who are curious, hands-on, and driven by impact, who want to solve real problems, work with strong teams, and rethink what's possible.
If you're ready to do your best work, at scale, with purpose, this is your place.
Position Overview
As Regulatory Accounting Lead, you will be responsible for leading RecargaPay's regulatory accounting function across its prudential conglomerate, including the Payment Institution (IP), Credit Finance Company (SCFI), and the consolidated group. You will ensure the accuracy and compliance of statutory and regulatory financial reporting, while overseeing the preparation of the group's financial statements under US GAAP.
This role requires deep expertise in accounting for regulated financial institutions, strong knowledge of BACEN regulations, and the ability to operate autonomously in a highly complex and fast-changing regulatory environment. You will serve as a key partner to internal stakeholders, auditors, regulators, and executive leadership, providing technical accounting guidance and supporting strategic business initiatives.
Key Responsibilities
Financial Reporting & Regulatory Compliance
Prepare and review individual and consolidated statutory financial statements in accordance with BACEN, IFRS, and US GAAP requirements.
Ensure timely and accurate submission of regulatory reports, including CADOCs 4010, 4011, 4060, 4111, 3040, and SVR reports 9800 and 9805.
Partner with Compliance and Regulatory Data teams to validate regulatory reporting and ensure regulatory adherence.
Maintain accounting policies and procedures aligned with regulatory and financial reporting requirements.
Audit & External Stakeholder Management
Lead external audits related to accounting and regulatory reporting matters.
Defend accounting positions and technical interpretations before auditors and regulators.
Manage the institutional relationship with BACEN and coordinate technical discussions with external consultants and advisors.
Credit Products Accounting
Own the end-to-end accounting treatment for credit card, revolving credit, loan, and deposit products.
Ensure proper accounting treatment for provisions, credit portfolios, funding instruments, and structured products.
Translate transactional data from data lakes into accounting entries and support automation initiatives for accounting processes across IP and SCFI entities.
Technical Accounting & Strategic Projects
Research, interpret, and implement complex accounting and regulatory standards, including IFRS, COSIF, and BACEN regulations.
Prepare formal technical accounting memorandums to support accounting positions and business decisions.
Evaluate the accounting implications of strategic initiatives, including FIDC structures, lending products, and other business expansion projects.
Support leadership in assessing regulatory and accounting impacts of new products and corporate initiatives.
Requirements
Bachelor's degree in Accounting or related field.
Professional accounting certification and/or specialization in IFRS, COSIF, or related disciplines is a strong plus.
Solid experience of accounting experience within regulated financial institutions such as Payment Institutions, SCFIs, banks, or similar organizations.
Proven experience working within prudential conglomerates and regulatory reporting environments.
Strong knowledge of IFRS, COSIF, US GAAP, and BACEN regulations applicable to payment and credit institutions.
Experience with accounting treatment of credit products, funding instruments, deposits, and securitization structures.
Hands-on experience preparing and reviewing BACEN regulatory filings and reports.
Experience working with large datasets, data lakes, and accounting automation initiatives.
Advanced analytical skills with the ability to interpret complex accounting and regulatory requirements.
Professional proficiency in English.
Soft Skills
Strong leadership and technical influence capabilities.
Excellent communication skills with the ability to engage senior stakeholders, auditors, regulators, and executive leadership.
High level of organization and ability to manage multiple priorities simultaneously.
Strong analytical and problem-solving mindset.
Proactive attitude with a continuous improvement mentality.
High degree of ownership, autonomy, and accountability.
Ability to operate effectively in fast-paced and highly regulated environments.
Industry-Specific Knowledge
Deep understanding of accounting and regulatory frameworks applicable to Brazilian financial institutions.
Expertise in BACEN regulations, COSIF, IFRS, and US GAAP reporting requirements.
Strong knowledge of accounting treatment for credit cards, consumer lending, deposits, structured credit products, and FIDC structures.
Experience navigating regulatory audits, prudential conglomerate requirements, and interactions with financial regulators.
Understanding of accounting process automation and integration between financial systems and data platforms.
Benefits
Competitive and market-aligned salary.
Remote work — wherever you are, you're part of the team!
Home office allowance through a monthly deposit in the RecargaPay app.
Health and dental plans with no co-pay.
Life insurance.
Flexible meal allowance (via Flash).
TotalPass membership to take care of your health.
Spanish or Portuguese classes.
Diversity & Inclusion at RecargaPay
At RecargaPay, you'll have the freedom to be who you are because we believe that diverse perspectives and experiences make us more creative and stronger. Here, everyone is welcome to express themselves authentically. We value the richness of each journey and the multiple ways of seeing the world, without distinctions of gender, race, sexual orientation, age, religion, or any other characteristic that makes us unique.
About the Use of Your Data
By sharing your resume with us, you authorize the use of your data for analysis during the selection process and possibly for other opportunities within the RecargaPay group. You can request the update or deletion of your information at any time, in accordance with LGPD (General Data Protection Law).