Regulatory and Accounting Specifications Manager at Nubank

Nubank is seeking a Regulatory and Accounting Specifications Manager to join their team in Mexico City. The Controllership Chapter is responsible for producing reliable accounting and finance information, supporting the company's growth through data and analytics. The Regulatory and Accounting Specifications Manager will coordinate a team which analyzes regulations, IFRS impacts, and financial events to determine journal entries and regulatory report changes. They will also manage cross-functional activities, build reports, and support internal and external audits.

Responsibilities include:

• Analyzing and understanding how the products work in the Mexican market, as well as their respective regulations.
• Analyzing and understanding IFRS impacts
• Analyzing 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.
• Researching and analyzing 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.
• Managing 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.
• Building reports regarding Nu Mexico’s products portfolio, financial insights for internal forums and support on building the local Financial Statements.
• Attending and coordinating activities inside the team in relation to requirements from internal and external audits regarding product’s accounting and regulatory reports.
• Working 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 identifying improvement opportunities and work to implement the solutions designed.
• Being familiar with data management discipline, being capable of supporting the team to develop basic queries for balance sheet and income statement analysis

Requirements:

• 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 include:

• Health and life insurance
• Food card
• 17 days of paid vacation with 25% vacation bonus
• Holiday Bonus ("Aguinaldo") of 30 days of pay per year
• NuCare - Our mental health and wellness assistance program
• NuLanguage - Our language learning program
• Extended maternity and paternity leaves
• Equity at Nubank