Description

Careem

At Careem, our mission is to simplify & improve 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 organization that inspires and become a world-class institution from the region.

Careem is the MENA regions leading ride-hailing platform and newest Tech Unicorn. With 30% monthly growth, we now operate in 90+ cities across 13+ countries and host over 15 million users. With our recent Series D funding success, we are positioned on the cusp of significant scale and well on target to deliver our goal of creating one million jobs in the region by 2018. Read more about us here and here .

Join us in building a world-class institution in the Middle East and experience the thrill of being part of a high-growth technology company, to improve people's lives.

Job Overview

The main purpose of the role is to cover different aspects of the accounting function for the GCC (Qatar, Bahrain and Kuwait) including; GL maintenance, bank and fund management, sending out copy of statements and invoices through to collection, resolving queries, and reducing debtor days. The role will also manage the payable by dealing with all aspects of the Accounts Payable function, from supplier inception through payment and query handling.

Responsibilities

Accounting System

- Posting Journals on the ERP
- Reconcile the banks at the designated frequency

Accounts Receivables

- Raise corporate invoices and send to customers on a monthly basis.
- Issue credit notes and post to Sales Ledger and customers accounts.
- Reduce the DSO by ensuring outstanding balances are collected in a timely and efficient manner.
- Allocate bank transfers, card payments, and cheque payments to customers accounts against due invoices.
- Ensure customers reconciliations are performed regularly, and underline overdue accounts.
- Handle all credit card and PayPal disputes and communicating with the bank.
- Liaise with sales and operations team to resolve any issues.

Accounts Payable

- Process and manage suppliers' invoices, credit notes, data entry and scanning invoices.
- Ensure all invoices are coded and booked to the correct GL code in Xero, by city and department.
- Process captain payments, salaries payments, and petty cash requests.
- Be the main petty cash holder for region and reconcile all payments and receipts weekly.
- Setup online payments and ensure the payments are approved and released timely.
- Maintain the DPO as per payment terms to ensure there is always sufficient funds.
- Reconciling suppliers' accounts and sending out statements to suppliers to obtain balance confirmations.