Treasury Lead
Mersaco Sal
Total des années d'expérience :11 années, 9 mois
Oversee day-to-day cash management by controlling cash flow, optimal liquidity
position and interest results.
Develop, implement cash forecasting and perform financial modeling. Evaluate, develop
and implement cash management systems to optimize efficiencies and preparing
quarterly cash budgets.
Optimize the development and formulation of procedures and processes regarding cash
management and treasury.
Keeping Track of Foreign Exchange Fluctuations & Man develop foreign exchange risk
mitigation strategies.
Develop interest rate risk management and risk mitigation strategies.
Manage working capital by principal and propose new strategies to optimize cost of
capital and cash flow.
- Managing a treasury team :Cashier, Treasury Back office
- Developing treasury procedures and mapping treasury processes.
- Managing all bank relationships existing inclusive bank facilities, best rate negotiation,
new account opening.
- Forecasting and managing the company cashflow, weekly and monthly .
- Hedging currency and market risk.
- Researching and analyzing investment opportunities.
- Managing company working capital.
- Monitoring company liquidity and take the relative action.
- Prepare daily, weekly, and monthly reports concerning the availability of cash balances,
projections, and cash forecast.
- Analyzing the macroeconomics and various scenarios or risks in the Middle East region,
Reporting to management team.
- Structure & review digital products from banking relationship
• Cash management & Liquidity :Building an efficient bank account structure that
minimizes overall borrowing costs, maximizes overall interest earned and facilitates
liquidity management.
- Optimizing the use of surplus funds with short term investments.
• Reporting:
- Annual Company Rating Review Reporting
- IFRS9 Implementation and Quarterly Review
- Monthly Overall Investment portfolio review : Maturity and Credit Rating Analysis
- Investment Committee Reporting & Investment Budget preparation
• Banking & Investment :
- Handling all Bank relation and meetings regarding new account opening or facilities .
- Input Sell/ buy Trading monthly transaction
- Reviewing Interest Rates provided by banks and negotiate better offering .
- Research potential investments : Funds, Equity, Fixed Income, ....
- Reconciling life Insurance portfolio Investments : Asset vs Liability Analysis
- Attending Investment Committee and ALCO periodic meetings
• Monitor liquidity risks relating to the firm activity.
• Handle the protection of company funds.
• Maintain an efficient system of policies that adequately control treasury activities.
• Monitoring of Payment providers balances .
• Prepare equity reports, deposit and withdrawals & credit facility report.
• Follow up with external auditor to fulfill CySec regulation:Financial and Operations.
• Reconciliation of client’s funds from Source to Trading Platform on a daily basis.
• Prepare Monthly Income/Expense Reports and IB, Sales Commissions Reports.
• Ensure the efficient management of company’s bank accounts.
• Follow up Cyprus Taxation requirements.
• Prepare reconciliation of total treasury accounts & Monitor Payment Provider charges .
• Coordinating with Account services and the Dealing Room for adjustments in the client’s investment account &Back Office Clients Account management.
• Control Accounting records and activity.
• Business Analysis with focus on Operations &Trade.
• Prepare Monthly spread income report, EU monthly income breakdown .
• Preparation of the Annual Investor Compensation fund Report.
• Assist in the quarterly Statistics Reporting & annual risk based supervision report.
• Control Monthly management accounts .
• Approve and control new customer profile & control KYC documentation.
• Ensure compliance with laws, regulations and directives issued by CySEC.
• Conduct enhanced due diligence investigations in support of policies and procedures
• Assist in the of preparation of CySEC required reports & Prepare monthly prevention
statement.
• Advisory in the Lebanese Taxation System as well as NSSF reporting.
• Maintain the General Ledger accounts through preparing and reviewing journal entries.
• Payroll and Payslips Preparation.
• Audit Report Preparation.
• Assist in Month end closing, reporting, and respecting deadlines.
• Compile and analyze financial information to prepare financial statements including monthly and annual accounts
• Conducting reviews and evaluations for cost-reduction opportunities.
• Overview all accounting reports, ( (VAT, salary Tax, loan taxes..) with External Auditor.
• Control General Ledger accounting transactions.
• Controlling all the transactions related to stock (in & out transactions).
• Executing procurement invoices and cost entry.
• Project Financing (Issue LC/LG).
• Prepare and analyze the profitability per product line, sales turnover.
• Customer sales reports: Aging reports.
• Coordinating and analyzing Marine Cargo Insurance with Management .
• Year-end reviews (provisions, depreciation, prepaid, accruals).
• Analyze revenues, commissions and expenses.
• Elaborate monthly and yearly reports concerning inventories and cost/selling price.
• Forex Exchange transaction .
• Full knowledge of the subject of letters of credit, bank guarantees, project finance, banking agreements and other bank facilities.
• Logistics coordination, Verifying payments and documents to ensure compliance to LC terms.
• Project Financing and cash flow projection.
• Bank Account Management, Hedging& Exchange rate Negotiation.
• Provide banks regular reports and information related to project financing.
• Prepare and present weekly LC’s forecast and capital reports to management.
• Develop financial models (P&L, Balance sheet, forecast, working capital...)
• Preparing spreadsheets, graphs and charts to help illustrate financial trends.
• Issue & control Invoice, delivery notes, sales orders, sales export and direct sales.
• Managing Inventory (Inventory reports, stock aging, costing, cycle counts) &Project operation.
• Preparation of combined Quarterly forecasting and monthly management report.