Senior Accounting Analyst

As a Senior Accounting Analyst at Careem, you will be responsible for leading the monthly financial closing processes, ensuring accurate financial reporting, managing accounts payable and receivable for Careem's Grocery business, and collaborating with various departments to maintain up-to-date financial data. Your role will also include preparing reconciliations, assisting vendors with financial queries, and providing financial insights to enhance business decision-making.

To be considered for the Senior Accounting Analyst position at Careem, candidates should have a Bachelor’s degree in Commerce with a specialization in Accounting, along with a professional qualification from an accounting body such as ACCA or ICAEW. Additionally, relevant work experience of 3-5 years, particularly in financial reporting, accounts payable and receivable processes, is essential. Strong interpersonal skills and proficiency in Excel and Oracle Fusion are also important.

A Senior Accounting Analyst at Careem plays a crucial role in ensuring VAT compliance and adhering to tax regulations across multiple markets. This involves working closely with the tax team to ensure that all invoices issued meet compliance standards. Staying updated on tax laws is necessary for accurately reporting and managing financial transactions within the Grocery business.

At Careem, the work culture is centered around collaboration and continuous learning. As a Senior Accounting Analyst, you will be part of a dynamic community of inspiring colleagues, contributing to a purposeful organization that values impact in the region. You can expect a flexible work arrangement, with 4 days in the office and opportunities for remote work, along with generous vacation policies that promote work-life balance.

Careem is committed to supporting professional growth for its colleagues, including Senior Accounting Analysts. You will have the opportunity to learn from industry leaders, engage in development programs, and explore new avenues for growth every day. The organization encourages passion and initiative, ensuring that your contributions are recognized and rewarded.

To ensure accuracy during the monthly financial closing process, I begin by establishing a structured timeline for all closing activities. I double-check all entries for discrepancies, communicate effectively with relevant departments to gather necessary data, and utilize accounting software to streamline the process. Consistent reconciliation of accounts also helps minimize errors.

I have strong experience in managing accounts payable and receivable processes, where I ensure timely invoicing and payment tracking. I maintain close communication with vendors and internal stakeholders to resolve any issues that arise and ensure smooth financial operations. I prioritize accuracy and efficiency in processing payments and collections.

Handling discrepancies in financial data involves thorough investigation and analysis. I cross-reference data with source documents, collaborate with involved parties to identify the root cause, and implement corrective measures. Documenting the steps taken to resolve discrepancies also helps in future audits.

To stay updated with tax regulations, I regularly attend workshops and seminars, subscribe to relevant financial news outlets, and participate in professional networks. I also collaborate with tax professionals within the organization to discuss updates and implement best practices.

To ensure compliance with VAT regulations in financial reporting, I review all transaction records and invoices for compliance before submissions. I maintain comprehensive records and regularly consult with tax experts to remain informed about any changes in VAT law, ensuring that our reporting aligns with required standards.

In my previous role, I identified inefficiencies in the invoicing process that were leading to delays in payments. By collaborating with the finance team and implementing an automated invoicing system, we reduced processing time by 30%. This not only improved cash flow but also enhanced vendor relationships.

I have extensive experience using accounting software like Oracle Fusion for managing financial data and reporting. Additionally, I use advanced Excel features for financial modeling and analysis, such as PivotTables and VLOOKUP, which enhance my ability to interpret financial data meaningfully.

In financial projects, I prioritize open communication and collaboration with team members. I value different perspectives and ensure that everyone's input is considered. Setting clear goals and regular check-ins helps us stay aligned and accomplish our objectives effectively.

When handling vendor queries related to accounts, I approach them with empathy and promptness. For example, a vendor once had concerns about delayed payments. I quickly reviewed the account details, communicated transparently about the timeline, and resolved the issue, strengthening our working relationship.

I am motivated to apply for the Senior Accounting Analyst position at Careem because I admire the company’s commitment to improving lives through its innovative offerings. I believe my financial expertise and passion for impactful work will align well with Careem’s goals, and I am excited about the opportunity to contribute to an organization that prioritizes purpose and growth.