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Treasury and Payroll Intern

Internship Remote

Website Careem

Careem is the technology platform for our region. A region of over 600 million people that extends from Morocco to Pakistan, Turkey to Sudan. It’s an area of the world that up until now, has largely missed out on the transformational power of the internet revolution – but through its ambition and focus is catching up fast. Half of the population are under 25, and the same amount are connected to the internet yet only a small proportion have bank accounts, access to public transport and critical infrastructure.

Treasury and Payroll Intern

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.

Position Overview:
This role primarily focuses on managing treasury functions, including fund management, bank administration, and treasury reporting, while also handling essential payroll processing tasks. The position requires maintaining accurate financial records in compliance with company policies and procedures and adhering to legal and regulatory requirements. Effective collaboration across various departments is essential to address treasury and payroll-related inquiries and discrepancies, contributing to the efficient operation of the financial functions within the organization.
Key Responsibilities:

1. Treasury Management:

  • Oversee daily fund management, including cash positioning, investments, and liquidity management to optimize financial resources.
  • Conduct bank administration tasks such as managing bank account operations, including opening, updating, and closing of accounts.
  • Monitor and reconcile bank statements to ensure accurate financial reporting.
  • Prepare and deliver detailed treasury reports, including daily cash flow forecasts and long-term financial projections.

2. Financial Strategies and Compliance:

  • Develop strategies to optimize financial operations and enhance profitability.
  • Ensure compliance with internal controls, financial policies, and regulatory requirements related to treasury operations.

3. Payroll Processing:

  • Execute accurate processing of payroll for salaries, bonuses, and other compensation components.
  • Maintain payroll records and ensure compliance with tax regulations and other statutory requirements.
  • Address employee inquiries regarding payroll issues in a timely manner.

4. Communication and Collaboration:

  • Collaborate with HR, accounting, and finance teams to ensure accurate financial operations and reporting.
  • Respond promptly to inquiries from management and external partners related to treasury and payroll matters.

5. Process Improvement:

  • Identify and implement improvements in financial processes, particularly in treasury operations, to increase efficiency and accuracy.
  • Adopt technological advancements and best practices in financial management.
Qualifications:
  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Strong experience in treasury and financial management, with knowledge of fund management and bank reconciliation.
  • Familiarity with payroll processing and regulatory compliance.
  • Proficient in financial software, particularly Oracle Fusion, and other treasury management systems.
  • Exceptional analytical, organizational, and communication skills.
  • Ability to handle multiple tasks and meet tight deadlines in a dynamic environment.

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.

To apply for this job please visit boards.greenhouse.io.