Lead Financial Reporting
![Careem Logo](https://cdn.jobscollider.com/logo/careem-ec64.webp)
Careem
Summary
Join Careem's finance team in Karachi as a Lead โ Financial Reporting. This role involves managing cost and expense accounting, ensuring accurate financial statement verification, and overseeing timely month-end close and reporting. The ideal candidate has strong technical accounting expertise, process improvement skills, and thrives in a fast-paced environment. Responsibilities include cost and expense accounting, financial closing and reporting, reconciliations and controls, reporting and analytics, and process improvement and automation. A bachelor's or master's degree in accounting or finance, along with relevant experience, is required. The position offers a hybrid work model, healthcare benefits, fitness reimbursements, and opportunities for professional growth.
Requirements
- Bachelorโs or masterโs degree in accounting, Finance, or a related field
- 3โ4 years in accounting or finance, with a strong focus on cost and expense accounting, preferably in a tech, fintech, or fast-paced environment
- In-depth understanding of IFRS/GAAP, accrual accounting, and financial reporting requirements
- Extensive experience with ERP systems (e.g., SAP, Oracle, Workday Financials, NetSuite) and advanced proficiency in Excel/Google Sheets
- Strong problem-solving abilities and adaptability in a fast-paced, dynamic environment
- Excellent communication and stakeholder management skills, with the ability to partner effectively with business finance, FP&A, and senior leadership
- Detail-oriented with a strong sense of ownership and accountability
Responsibilities
- Own and manage cost and expense accounting, ensuring accurate and timely recognition of expenses in accordance with IFRS/GAAP
- Validate and reconcile cost and expense accruals, prepayments, and amortizations
- Partner with business finance teams to ensure proper cost allocations and recharges across departments
- Analyze cost trends and variances to ensure completeness and accuracy of expense recognition
- Lead the month-end and quarter-end closing, ensuring timely completion of all key deliverables
- Prepare and review expense-related journal entries, reconciliations, and supporting documentation
- Ensure completeness, accuracy, and compliance of financial statements with accounting policies and internal controls
- Collaborate with FP&A and business finance teams to validate financial results and variance explanations
- Perform balance sheet reconciliations for expense-related accounts (e.g., accruals, prepayments, intercompany costs)
- Identify and resolve discrepancies, ensuring proper documentation and accounting treatment
- Strengthen financial controls and governance around expense accounting and reporting
- Ensure compliance with SOX/internal audit requirements and maintain appropriate documentation
- Prepare expense-related financial reporting decks and presentations for senior leadership
- Provide insights and analysis on cost trends, variances, and opportunities for optimization
- Support ad-hoc financial analysis and projects to improve cost efficiency and transparency
- Identify and drive process improvements to enhance efficiency, accuracy, and scalability in expense accounting and reporting
- Work with cross-functional teams to automate manual accounting processes using ERP, data analytics, and finance automation tools
- Support system enhancements, upgrades, and automation initiatives related to financial close and reporting
Preferred Qualifications
- CPA, ACCA, ACA, CMA, or an equivalent professional certification
- Familiarity with financial automation, analytics, and process improvement tools (e.g., SQL, Python, Power BI, Tableau)
- Prior experience with SOX compliance and internal controls
Benefits
- 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
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