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Job description / Role
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.
Founded in 2012 by former entrepreneurs and McKinsey alums, Careem is the MENA regions leading ride-hailing service and newest Tech Unicorn. With 30% monthly growth, we now operate in 50+ cities across 11 countries and host over 6million 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.
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
As Head of Finance for FleetCo, you will have a unique opportunity to design, build, and run the finance function across multiple countries. You will be expected to play a critical role in building and mentoring the team, recording transactions, improving business performance and ensuring our compliance. Reporting directly to FleetCo's MD, and working in close consultation with the basecamp finance team, he/she will also provide financial support to the heads of FleetCo operations and directors to ensure we achieve our aggressive growth and profitability targets.
Reporting This role reports into the FleetCo MD
Responsibilities
- Develop & maintain timely and accurate transaction processes
- Execute and review reconciliations of payments, bank statements, and transfers.
- Supervise/Process payroll and statutory deductions for all cities.
- Manage cash flow and petty cash reports for all cities.
- Identify and prevent Fraud and leakage across all transactions including procurement
- Process accurate and timely month and year end statements and ensure consistent financial reporting.
- Support development of monthly budgets and performance against target
- Develop local compliance policies and ensure compliance with Group controls and policies
- Map and fulfill local statutory reporting, withholding and tax obligations
- Coordinate and complete annual audits and tax filing in a timely manner.
- Manage legal notices and support business teams with applicability of relevant laws to the company
- Identify, negotiate and continuously improve banking relationships and cash management solutions for treasury and business processes
Requirements
- CA, CMA or equivalent
- 7-9 years of PQE
- Operational experience in FMCG or plant controlling multiple variables of cost items
- Ability to manage large data sources
- Experience in cloud based accounting software
- Experience building function from scratch and managing regional teams
- Excellent communication skills in English and an additional language would be highly preferred
About the Company
We are a brand that aims to simplify people's lives by revolutionizing the transportation industry. A brand that strives to inspire everyone it interacts with, and supports every single person who dares to believe. #BeCareem
Careem is the MENA region's leading ride-hailing service and newest Tech Unicorn. With 30% monthly growth, we now operate in 50+ cities across 11 countries and host over 6 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.