FP&A Analyst - job 1 of 2

As an FP&A Analyst at Careem, your key responsibilities will include preparing daily, weekly, and monthly performance dashboards and reports. You’ll analyze business performance to report any significant variances, support month-end closing activities, and recommend cost-saving initiatives. Your role will involve collaborating with various business units to provide actionable insights that drive financial performance and operational improvements.

To be considered for the FP&A Analyst position at Careem, candidates should possess a Bachelor’s degree in Commerce, Business Administration, Finance, or a related field. An advanced degree such as an MBA, CA, or CFA is highly preferred. Applicants also need a minimum of 5 years of experience in finance or accounting within the tech sector, alongside proficiency in BI tools and advanced analytical skills.

At Careem, FP&A Analysts utilize various Business Intelligence tools such as Tableau, Redash, and SQL for data analytics and reporting. These tools help in creating insightful performance reports that support business decisions and facilitate the analysis of operational and financial results.

FP&A Analysts at Careem can expect a vibrant work environment that encourages collaboration and continuous learning. The company promotes a healthy work-life balance with a hybrid work model, allowing employees to work four days a week in the office and one day from home, along with flexible remote work opportunities for up to 30 days a year.

Careem is committed to the growth of its FP&A Analysts by providing opportunities to engage with inspiring colleagues, work on impactful projects, and access healthcare benefits. Employees are encouraged to explore new learning opportunities and take ownership of their career development within a supportive environment.

In analyzing financial performance, it's crucial to look at key performance indicators (KPIs) and compare them against budgeted figures or prior periods. I collect and analyze data from various sources, identify trends, and look for significant variances. Additionally, I leverage BI tools, such as Tableau and SQL, to create comprehensive reports that detail my findings, which I then present to stakeholders.

When prioritizing budget requests, I assess alignment with strategic goals, return on investment, and overall impact on the company’s performance. I collaborate closely with department heads to understand their needs and provide justifications, ensuring that budget allocations are fair and strategically focused.

I have extensive experience in developing and maintaining financial forecasts and budgets. My process includes gathering input from various business units, analyzing historical data, and making assumptions based on market trends. I review and update forecasts regularly to ensure accuracy and provide timely insights to stakeholders.

In my previous role, I identified a significant variance in a department's expense report that didn’t align with historical data. Upon further investigation, I found overspending due to unapproved projects. I promptly reported this to management, recommended a review of budget controls, and collaborated with the department to reallocate resources effectively.

I use Business Intelligence tools like Tableau and Redash to gather, analyze, and visualize data for reporting purposes. These tools help streamline the reporting process, allowing me to create interactive dashboards that provide real-time insights on financial performance, making it easier for stakeholders to make informed decisions.

I consider key metrics such as revenue growth, profit margins, operating expenses, and cash flow crucial for financial analysis. Analyzing these metrics helps gauge overall financial health and operational efficiency, allowing for informed business decisions and strategic planning.

During tight deadlines for month-end close, I prioritize tasks based on urgency and complexity, break them down into manageable parts, and leverage my team to ensure all components are covered. I maintain open communication with stakeholders to address challenges proactively and ensure we meet deadlines without compromising accuracy.

In my previous position, I discovered inefficiencies in our budgeting process that caused delays. I proposed a new workflow that incorporated automation for data collection and standardized reporting templates. This change reduced preparation time by 30%, increasing accuracy and allowing for faster insights to be shared with leadership.

Teamwork is essential in FP&A, as finance professionals must collaborate across departments to gather accurate data and insights. I believe in fostering open communication, establishing trust, and building strong relationships with colleagues to ensure a cohesive approach to financial planning and analysis.

To ensure accuracy in my reports, I establish a diligent review process that includes cross-checking data against original sources, double-checking calculations, and implementing quality control measures. I also encourage feedback from peers, which often helps identify overlooked errors or discrepancies.