Senior Account Treasury & Investment "Acting Section Head"
Palm Hills Developments Group
Total years of experience :25 years, 10 months
• Monitor daily cash management and forecasting activities.
• Anticipates short-term borrowing needs.
• Ensures adequate liquidity and resolves cash issues in a timely manner.
• Determines daily cash balances available for investment.
• Monitor transactions, detect and resolve errors.
• Report cash operation activities.
• Executes funds movement and investment transactions.
• Controls bank account balances.
• Reconciles all cash and investment accounts.
• Ensure accuracy of bank statements (charges, interest income, interest expense, transactions, etc).
• Gathers and interprets cash flow and other financial data.
• Responsible for Banks’ relations in terms of fulfilling banks’ requirements for cash and credit facilities.
• Maximize interest revenue and ensure timely and efficient payment processing.
• Monitor, analyze and report collections and postponing checks, tying with the Accounts Receivables.
• Analyze and monitor bounced checks status and report to the related departments.
• Monitor post-dated checks status and follow-up on collections.
• Ensure compliance to the Treasury policy and procedure and coordinate with the Internal Audit.
• Supporting the Treasury Manager as necessary.
• Monitor Bank Reconciliation.
• Daily follow up for all banks (transfers; time deposit; letters of guarantee; opening new account,
• Prepare daily cash management to ensure funding of bank accounts between affiliated companies within palm hills group.
• Issuance and maintenance of bank guarantees.
• Reviewing bank reconciliations and resolving outstanding items.
• Monthly review of Treasury cost center accounts, including accruals for interest and bank expenses.
• Preparation and collaboration of documents.
• Preparing cash flows.
• Preparing Bank Reconciliation.
• Bank statements analysis.
• Preparing report of bounced checks and physical count.
• Communicating with clients for recollections of bounced checks and report monthly status.
• Preparing lists of postdated checks as custody & Follow up their Collection.
• Overseeing customer billing and cash receipts processing
• Proper recording and application of cash, management of outstanding invoices, and direct interfacing with customers on collection matters and dispute resolution.
• Support management by providing timely and accurate receipts and account standing information.
• Responsible for the accounts receivable portion of the balance sheet. This include :-
- Posting all cash receipts, discounts, allowances, price difference, returns and other charge backs to customer accounts timely and accurately. The expectation is that posting occur the same day or next day.
- Maintaining through, well organized accounts receivable customer files by scanning documents, sorting and filing by customer.
• Make daily collection calls.
• Prepare and maintain various A.R reports.
• Identify and execute the necessary process adjustments.
• Send statement to outstanding customers.
• Interact with customers to resolve outstanding issues.
• Maintain telephone and personal contact with attorneys, staff and vendors on receivable matters as directed by manager.
• Researches cash receipts, coding and posting of receipts.
• Prepares daily bank deposit.
• Daily follow up for all banks (transfers; time deposit; letters of guarantee; opening new account,
• Ability to analyze and execute financial reports and accounting reports).
• Monthly closing of accounts and quarterly and annual basis to determine the size of spending on items of business.
• Conformity account balances expenses with cost centers.
• Review contracts for subcontractors and suppliers in terms of the contract items and categories of prices and terms of payment and accounting methods and make sure their official papers.
• Preparing and reviewing invoices and checks for subcontractors and suppliers and Follow up on receipt of checks.
• Revision rates of general taxation, social insurance and sales taxes which is deducted from the subcontractors and suppliers.
• Accounts taxes include Income tax, sales tax.
• General Accounts.( Journal entries and accounts assistant professor and current accounts between the companies).
• Analysis of the accounts of the suppliers and subcontractors.
• Follow up advance payments to subcontractors and suppliers. And make sure their coverage by the corresponding bank checks and letters of guarantee.
• Revision Accounts subcontractors& suppliers, accounts payable generally.
• Analysis of Mostakhlasat subcontractors, suppliers and guidance to the units to determine the unit cost.
• Prepare reports showing the cost of each project in terms of the size of outgoing invoices and effectively Mostakhlasat and raw materials.
• Audit of the benefit and deductions (Taxes-Insurance-Insurance Business-Discounts-Payments).
• Daily follow up for all banks (transfers; time deposit; letters of guarantee; opening new account,
• Ability to analyze and execute financial reports and accounting reports ).
• Monthly closing of accounts and quarterly and annual basis to determine the size of spending on items of business
• Conformity account balances expenses with cost centers
• Review contracts for subcontractors and suppliers in terms of the contract items and categories of prices and terms of payment and accounting methods And make sure Their official papers.
• Preparing and reviewing invoices and checks for subcontractors and suppliers and Follow up on receipt of checks.
• Revision rates of general taxation, social insurance and sales taxes which is deducted from the subcontractors and suppliers
• Accounts taxes include Income tax, sales tax.
• General Accounts.( Journal entries and accounts assistant professor and current accounts between the companies)
• Analysis of the accounts of the suppliers and subcontractors
• Follow up advance payments to subcontractors and suppliers. And make sure their coverage by the corresponding bank checks and letters of guarantee
• Revision Accounts subcontractors& suppliers, accounts payable generally
• Analysis of Mostakhlasat subcontractors, suppliers and guidance to the units to determine the unit cost
• Prepare reports showing the cost of each project in terms of the size of outgoing invoices and effectively Mostakhlasat and raw materials
• Audit of the benefit and deductions (Taxes-Insurance-Insurance Business-Discounts-Payments)
• Manage all executive level administrative tasks including scheduling meetings, phone calls, and arranging business trips.
• Assist in development of executive level reports and presentations.
• Adequately handling incoming communications and respond to internal requests for
• Information on a timely basis.
• Handle sensitive and confidential information with discretion.
• Developed new & organized filing system for documents soft & hard copies.
• Handle office maintenance on monthly basis.
• Handle client's & supplier's accounts.
• Follow up on pending matters.
• Prepare minutes, agendas & presentations for any scheduled meeting.
• Meeting with clients and suppliers on a daily basis to review events and make last minute adjustments, effectively communicating client requirements to staff, overseeing public places and Meeting Attendant set-ups to ensure accuracy and quality.
• Resolved problems to the satisfaction of involved parties, maintained reports with all departments and attend relevant meetings, giving guidance toward improvement and making necessary adjustments for consistency.
• Responsible for Day leaves and its process.
• Responsible for Penalties & its process.
• Responsible for Social Insurance & Medical Insurance.
• Responsible for Hiring & Termination.
• Responsible for Overtime & nightshifts.
حاصل على دبلومة فى التكاليف بتقدير عام جيد 78.5 % الترتيب الثالث على الدفعة