Careem is hiring a

Finance Manager

Jeddah, Saudi Arabia

Do you want to help build a world-class institution from the region, experience the thrill of being part of a high-growth technology company, and improve people’s lives?

There is only one way to build an awesome institution: to attract exceptionally talented people who are aligned with the mission of the organisation and make them partners in success. At Careem, our mission is to simplify the lives of people, initially through solutions that make transportation in the region reliable, and over time, through disruptions in payments and logistics. In the process, we want to build an organisation that inspires and become a world-class institution from the region.

We have had a phenomenal start. Founded in 2012 by former entrepreneurs and McKinsey alums, Careem is an innovative transportation service operational in 30 cities from Morocco to Pakistan. With 30% monthly growth, we are one of the fastest growing companies in the region. Our recipe for success has been a team that thrives on challenges, is passionate about solving problems, is not afraid to work super hard, and is a true partner in the company through generous stock option grants. We have attracted strong regional and international investors and are positioned on the cusp of significant scale. Read more about us in the New York Times or Arabian Business.


ABOUT THE ROLE

The main purpose of the role is to support the regional finance team based in Dubai in managing and running the accounting function in KSA across all the cities. Also, to provide financial support to the local General Managers to ensure the smooth running of the business and help in achieving targets.

Accounting

  • Maintain accurate transaction recording process and GL maintenance.
  • Review the reconciliations of payments, verification, bank statements, and transfers.
  • Supervise/Process payroll for all cities, and resolve vendor disputes.
  • Managing cash flow and petty cash reports for all cities.
  • Reporting

  • Process month and year end statements and ensure consistent financial reporting.
  • Maintain monthly budgets and performance against targets.
  • Compliance and Legal

  • Ensure compliance with Group internal controls and financial policies, and local reporting and tax regulations.
  • Coordinate and complete annual audits, zakat and tax filling in a timely manner.
  • Handling Legal notices and queries and support business team with legal understanding and relevant application of laws to the company.
  • Fraud identification and prevention.
  • Banking

  • Manage banking relationships, cash management solutions.
  • Team

  • Build and develop the local finance team.
  • Supervise and oversee the daily operations of the local finance team.
  • Monitor the workload and prioritize tasks for the team.