Mercado Financeiro – Chief Finance Officer – Global Payment Brazil – TikTok

Responsibilities

ByteDance is a global incubator of platforms at the cutting edge of commerce, content, entertainment, and enterprise services – over 2.5 billion people interact with ByteDance products, including TikTok.

Why Join Us
Creation is the core of TikTok’s purpose. Our platform is built to help imaginations thrive. This is doubly true of the teams that make TikTok possible.
Together, we inspire creativity and bring joy – a mission we all believe in and aim towards achieving every day.
To us, every challenge, no matter how difficult, is an opportunity; to learn, to innovate, and to grow as one team. Status quo? Never. Courage? Always.
At TikTok, we create together and grow together. That’s how we drive impact – for ourselves, our company, and the communities we serve.
Join us.

About the Team
The Global Payments team provides payment solutions to ensure that users have a smooth and secure payment experience across our platforms and services.

We are seeking a CFO for Brazil to assume responsibility for establishing the Global Payment Brazil finance function from the ground up, building a robust framework for financial management, which includes accounting, treasury, reporting and tax in compliance with regional and group guidelines. The successful candidate will be a highly driven, focused individual that can work well with cross border colleagues and cross functional teams, as well as assist with the management and ownership of end-to-end operational processes. This is a hands-on role with a small and committed team who are poised for significant growth in the short term. This role is based in Sao Paulo, Brazil (must be Brazilian resident).

Responsibilities
– Oversee the finance function for the Global Payment Brazil payments entity and ensure finance processes operate effectively and accurately delivering accurate financial insights into the business
– Create, review and assess relevant policies, procedures, methodologies and frameworks, in preparation for a license application.
– Implement and monitor the safeguarding of customers funds in accordance with applicable regulatory requirements and oversee reconciliation process and procedures;
– Be responsible for the statutory and regulatory reporting process of the licensed entity.
– Provide strategic financial guidance to the CEO and management team, leveraging financial analysis and insights to drive informed decision-making
– Partner up with group accounting, treasury and finance teams to periodically review and update major policies and estimates
– Prepare financial statements and other related information for external use (audit, submission to regulators, etc.), and play a leading role in external communication as the representative of the Finance department
– Ensure compliance with accounting standards, tax laws, and other relevant regulations
– Manages relationships with banking partners, external auditors, and other global finance colleagues
– Serve as the Global Payment Brazil entity legal representative in Brazil, ensuring compliance and facilitating operations.

Qualifications

Minimum Qualifications
– Significant experience in payment, fintech, bank or regulated financial services.
– In-depth knowledge of payment landscape.
– Familiarity with regulatory licensing application processes and knowledge of how to create financial capabilities to support a licensed entity in BR (treasury, accounting and reporting).
– Familiar with payment-related financial compliance, risk, financial services regulations, and industry standards applicable to fintech businesses.
– Excellent team player, strong stress tolerance, data driven and good at result-oriented thinking, able to support cross-time zone, cross-functional team, multi-task parallel work atmosphere;
– Excellent communication skills; fluency in English.
– Bachelor degree or above.

Preferred Qualifications
– Having worked in a tech environment with a proven track record in developing and launching regulated financial businesses in Brazil from the ground up.
– Highly adaptable and comfortable working in a varied and multi-cultural environment.
– Self-motivated, proactive, hands-on and able to work autonomously if required.

TikTok is committed to creating an inclusive space where employees are valued for their skills, experiences, and unique perspectives. Our platform connects people from across the globe and so does our workplace. At TikTok, our mission is to inspire creativity and bring joy. To achieve that goal, we are committed to celebrating our diverse voices and to creating an environment that reflects the many communities we reach. We are passionate about this and hope you are too.

TikTok is committed to providing reasonable accommodations in our recruitment processes for candidates with disabilities, pregnancy, sincerely held religious beliefs or other reasons protected by applicable laws. If you need assistance or a reasonable accommodation, please reach out to us at https://shorturl.at/cdpT2.