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Director of Finance

1.00 to 10.00 Years   Riyadh, Saudi Arabia   19 Apr, 2022
Job LocationRiyadh, Saudi Arabia
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

Led by a powerful purpose to simplify and improve lives in the Middle East, North Africa and Pakistan, Careem is pioneering the development of innovative services to aid the mobility of people, the mobility of things and the mobility of money.We are in the driving seat as we help to define how technology will shape progress in some of the fastest-growing countries in the world. Our teams are building tech to meet the needs of the future in areas including data and AI, e-commerce, technology-enabled logistics, maps, identity, and fintech.We?re well placed to solve complex and meaningful challenges at scale, with deep tech expertise, strong regulatory relationships, a local presence, and increasingly specialised global teams which are structured to operate as autonomous start-ups. Our team of over 400 engineers and developers are empowered to develop cutting-edge technology every day.Careem was established in July 2012, became a wholly-owned subsidiary of Uber Technologies, Inc. in January 2020, and today operates in over 100 cities across 12 countries.What youll do:Design, build, and run the finance function in KSA for Careem Pay and will be responsible for managing the finance function for and working closely with the Senior Director Finance - Careem Pay and GM Careem Pay KSA and Base Camp functions.Accounting:

  • Maintain accurate transaction recording process and GL maintenance.
  • Review the reconciliations of payments, verification, bank statements, and transfers.
  • Supervise/Process payroll 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.
What youll need:The ideal candidate will have a passionate commitment to improving the lives of people, an insane focus on excellence and customer service, and a strong alignment with our core values: being bold, focused, agile and collaborative. Additional qualifications include:
  • CA, CMA, MBA or equivalent
  • 7-9 years of PQE
  • Operational experience in hyper growth business, preferably fintech
  • Ability to manage large data sources
  • Experience in Oracle will be a plus
  • Experience building function from scratch and managing regional teams
  • Excellent communication skills in English and an additional language would be highly preferred
Where youll be
  • Even though we are working remotely, we are strong believers in collaboration and the power of building social connections with our teams. For that reason, our offices are still open and provide plenty of collaboration-friendly spaces at times when teams need it or if you need a quiet space to work outside of home.
  • You?ll be working in the location you?re hired from. Due to legal and compensation considerations, you will need to be based out of the country you?re hired from as your primary work location.
What we?ll provide youIn addition to a competitive long-term total compensation with salary and equity, we have a reward philosophy that expands beyond this.As a Careem colleague you will be able to:
  • Be part of a Remote-First organisation
  • Work from any country in the world for 60 days a year
  • Use Unlimited Vacation days throughout the year
  • Access fitness reimbursements for health activities including: gym, health club and training classes.
  • Work and learn from great minds
  • Create impact in a region with untapped potential
  • Explore new opportunities to learn and grow every day

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