Financial Manager
• Credit Guarantee Company- CGC S.A.E.
Total years of experience :15 years, 4 Months
1. Manage company’s investment portfolio (EGP 2 Bn) and recommend the investment strategy to the ALCO committee and all investment related reports.
2. Manage the preparation of the company’s budget and business plan and related reports.
3. Predicting future financial trends
4. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
5. Collecting, interpreting and reviewing financial information
6. Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
7. Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
8. Conduct reviews and evaluations for cost-reduction opportunities.
9. Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
10. Maintain banking relationships and negotiate borrowing and investing rates.
Treasury:
1. Negotiations to obtain new credit lines from banks to support company business plan.
2. Oversight available room and total utilization and managing a debt portfolio of EGP 3.7 billion rather than Securitization program.
3. Oversight the cost of fund and work on minimizing it as much as we can.
4. Responsible for design (Modeling) and analysis & build the prospect securitization transactions in order to select the contracts to be securitized in the company’s portfolio.
5. Analyzing and anticipating the company’s need for cash to ensure that adequate funds are available when needed.
6. Monitoring the pipeline reports in order to be ready with the required funds for quick disbursements
7. Responsible for liaising with other departments, such as credit control, Marketing, operation and accountancy, on a range of issues.
8. Responsible for trade finance deals.
Budgeting & Planning:
1. Responsible for preparing budget & business plan for the company since 2013
2. Communicate with the department managers of due date for the submission of budget information and send them the pre-designed templates.
3. Review proposed budget submissions from department managers for accuracy and completeness
4. Working on the guidelines and estimations of the managing director regarding the growth percentage, desired market shares to be achieved.
5. Examine budget estimates for completeness, accuracy & conformance with procedures & regulations.
6. Make the appropriate documentation filing for the above mentioned process.
Treasury:
1. Negotiations to obtain new credit lines from banks to support company business plan.
2. Oversight available room and total utilization and managing a debt portfolio of EGP 3.7 billion rather than Securitization program.
3. Oversight the cost of fund and work on minimizing it as much as we can.
4. Responsible for design (Modeling) and analysis & build the prospect securitization transactions in order to select the contracts to be securitized in the company’s portfolio.
5. Analyzing and anticipating the company’s need for cash to ensure that adequate funds are available when needed.
6. Monitoring the pipeline reports in order to be ready with the required funds for quick disbursements
7. Responsible for liaising with other departments, such as credit control, Marketing, operation and accountancy, on a range of issues.
8. Responsible for trade finance deals.
Budgeting & Planning:
1. Responsible for preparing budget & business plan for the company since 2013
2. Communicate with the department managers of due date for the submission of budget information and send them the pre-designed templates.
3. Review proposed budget submissions from department managers for accuracy and completeness
4. Working on the guidelines and estimations of the managing director regarding the growth percentage, desired market shares to be achieved.
5. Examine budget estimates for completeness, accuracy & conformance with procedures & regulations.
6. Make the appropriate documentation filing for the above mentioned process.
1. Establishing and maintaining efficient banking arrangements necessary for the management of bank balances and other funds and preparing daily cash position including the process of collection, concentration and disbursement.
2. Maintain relationships with financial service providers.
3. Following up with banks to finance the deals and obtain the approval before executing the deal, accordingly prepare a loan amortization with other required document and sent it to bank.
4. Responsible for early settlement & rescheduling cases.
5. Responsible for building a treasury module on ERP system including the reports, work flow among the department and testing the results came from the service provider.
1. Updating N/R and facility accounts positions on weekly basis.
2. Responsible for the collections and bounced reports on daily and monthly basis.
3. Responsible for the communication, correspondences & day to day operations with banks & maintain banking relationships.
4. Prepare lease repayments for new deals.
5. Responsible for tracing the money market funds interest rate & creating analysis for it.
6. Using and perform all above mentioned treasury tasks on ORACLE.
1.Running my team performance and motivate, coaching them to enhance their performance.
2.Guide the agent to company's process.
3.Monitor the queue and get solutions if there is any common problem or inquiries.
4.Get the agents the required training /briefing if there is a new promotion or service.
1. Handle all customer inquiries/ complaint and up sell our value added service.
2. I have joined the Assist Team since last January as a rotation.
3. Guide the agent and help him to communicate with variant departments.
The Certified Treasury Professional (CTP) is a certification awarded by the Association for Financial Professionals (AFP) of Bethesda, Maryland to individuals who meet eligibility criteria and demonstrate current competency standards measured through the CTP examination. More than 30,000 individuals have earned the credential. Once a CTP, certificants must abide by the CTP Standards of ethical conduct and must enhance their level of knowledge and skills by earning and reporting a prescribed number of continuing finance and business education credits every three years.
• July 2008: Bachelor of commerce from Ain Shams University - Accounting section.