Accounting specialist

Careem is building the Everything App for the greater Middle East, making it easier than ever to move around, order food and groceries, manage payments, and more. Careem is led by a powerful purpose to simplify and improve the lives of people and build an awesome organisation that inspires. Since 2012, Careem has created earnings for over 2.5 million Captains, simplified the lives of over 70 million customers, and built a platform for the region's best talent to thrive and for entrepreneurs to scale their businesses. Careem operates in over 70 cities across 10 countries, from Morocco to Pakistan.

About the team:

Careem's Finance team plays a critical role in enabling data-driven decisions and financial discipline across all business verticals. We partner closely with teams across the organization to guide strategy, allocate resources efficiently, and drive sustainable growth.

About the role:

We are seeking a detail-oriented and experienced Accounting Specialist to join our Finance team. The successful candidate will play a crucial role in managing the financial reporting, accounts payable (AP) and accounts receivable (AR) processes for Careem's Grocery business in Saudi Arabia. This position requires a strong understanding of financial principles, excellent communication skills, and the ability to work effectively with multiple stakeholders.

What you'll do

Lead the monthly financial closing processes, ensuring accuracy and timeliness.

Provide sensitive financial data to key stakeholders in a timely manner.

Collaborate with various departments to ensure all financial data is accurate and up-to-date.

Accounts Payable & Receivable Management:

Manage the AP/AR function in the Saudi and Jordan markets, this includes:

• Ensuring timely and accurate posting of AP invoices from vendors, ensuring a 3 way match is done
• Maintain strong control over the Accrued Purchase ledger
• Preparing detailed reconciliation between Careem and vendor's data
• Providing assistance to vendors on queries related to AP/AR
• Creating timely AR invoices and ensuring proper accounting the system

Support Business Teams:

Assist the business team with any finance and accounting-related activities.

Provide financial insights and support to enhance business decision-making processes.

Tax Compliance:

Work closely with the tax team to ensure all invoices issued to and from the business are tax compliant in UAE.

Stay updated on tax regulations and ensure adherence to all relevant tax laws.

What we'll provide you

We offer colleagues the opportunity to drive impact in the region while they learn and grow. As a full time Careem colleague, you will be able to:

• Work and learn from great minds by joining a community of inspiring colleagues.
• Put your passion to work in a purposeful organisation dedicated to creating impact in a region with a lot of untapped potential.
• Explore new opportunities to learn and grow every day.
• Work 4 days a week in office & 1 day from home, and remotely from any country in the world for 30 days a year with unlimited vacation days per year. (If you are in an individual contributor role in tech, you will have 2 office days a week and 3 to work from home.)
• Access to healthcare benefits and fitness reimbursements for health activities including gym, health club, and training classes.

Required Qualifications:

Bachelor's degree in Commerce (B.Com) with a specialization in Accounting.

Professional qualification from an accounting body (e.g., ACCA, ICAEW, etc.).

Work experience of 3-5 Years

Past experience with a retail organization

Preferred Qualifications:

Experience in managing financial reporting, AP, and AR processes.

Strong understanding of VAT compliance and regulations in multiple markets.

Excellent communication and interpersonal skills.

Experience with Oracle Fusion

Proficient in Excel

Experience in managing a team