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 50 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 RoleAs a Senior Manager for Treasury Investments & Operations at Careem, your primary role is to oversee all aspects of the organization\'s treasury function. This includes managing liquidity, mitigating financial risks, and optimizing the deployment of financial resources to support the company\'s strategic objectives.
Strategic Treasury Management:
Develop and implement strategic treasury plans aligned with the company\'s overall financial and business objectives.
Provide recommendations on optimizing the organization\'s capital structure and funding globally.
Cash and Liquidity Management:
Monitor and manage daily cash balances to ensure liquidity needs are met.
Implement strategies to optimize cash flow and maximize returns on idle cash.
Risk Management:
Identify, assess, and manage financial risks, including interest rate risk and foreign exchange risk
Develop and implement risk mitigation strategies.
Investment Management:
Oversee the company\'s investment portfolio, ensuring it aligns with the parent company\'s guidelines, risk tolerance and return objectives.
Evaluate investment opportunities and recommend appropriate investment vehicles.
Banking Relationships:
Establish and maintain strong relationships with banks and financial institutions.
Negotiate banking services and fees to optimize the cost of financial services.
Treasury Operations:
Oversee day-to-day treasury operations, including cash disbursements, wire transfers, and other transactions.
Ensure compliance with internal controls and regulatory requirements.
Financial Modeling and Analysis:
Conduct financial analysis and modeling to support decision-making.
Provide insights into the financial implications of various strategic initiatives.
Policies and Procedures:
Develop and implement treasury policies/procedures and provide a structured framework for managing financial assets, mitigating risks, and ensuring compliance.
Reporting:
Prepare and present regular reports on treasury activities to senior management and the board of directors.
Keep stakeholders informed about key financial metrics and trends.
What you\'ll need
MBA Finance/CA or CFA
7-9 Years of experience in finance
Experience in treasury or financial management roles.
Strong understanding of financial markets, instruments, and risk management principles.
Leadership experience, including managing a treasury team.
Excellent communication skills, both written and verbal.
Proficiency in financial modeling and analysis.
Familiarity with treasury management systems and financial software (Quantum)
What we\'ll provide youWe 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.
Access to healthcare benefits and fitness reimbursements for health activities including gym, health club, and training classes.
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