Group treasury manager
Andalusia group for medical services
Total des années d'expérience :11 years, 10 Mois
• Formulate and oversee a comprehensive cash flow strategy, monitoring liquidity, borrowing, investing, and foreign exchange to optimize fund allocation and ensure operational liquidity.
• Establish and manage solid global banking relationships, negotiate terms, and act as the primary point of contact for efficient communication.
• Identify, assess, and manage financial risks, implementing comprehensive risk management strategies, including hedging techniques.
• Administer the debt portfolio, negotiate terms, ensure compliance, and manage repayment schedules.
• Evaluate and manage the investment portfolio to maximize returns while balancing risk.
• Maintain accurate financial reports & analysis to support top management in the decision-making processes
• Ensure compliance with regulatory requirements and deliver accurate treasury reports to senior management and the board.
• Develop and refine treasury policies and procedures aligned with organizational objectives and regulatory frameworks.
• Define department scope, objectives, and KPIs, leading and mentoring the team toward continuous improvement and high performance.
Achievements:
• Orchestrated successful acquisition debt funding exceeding USD 100 million for Andalusia expansions
• Facilitated procurement of working capital exceeding USD 50 Million to meet operational demands
• Achieving returns on investments exceeding 25% for investments portfolio denominated in USD
• Effectively mitigated FX risks, safeguarding investment portfolio from losses amounting to USD 20 million
• Implemented strategic working capital management initiatives resulting in a remarkable reduction of nearly 20 days in the companys cash conversion cycle.
• Oversee all aspects of treasury management, including liquidity, borrowing, investing, and foreign exchange activities to optimize fund allocation and ensure operational liquidity
• Oversee the management of working capital, including receivables, payables, and inventory to optimize cash flow and minimize financing
• Develop and implement comprehensive risk management strategies, including FX risk management
• Evaluate and manage investment opportunities, maximizing returns while adhering to risk parameters and debt portfolio administration
• Build and maintain strong banking relationships, negotiating favorable terms and reducing costs
• Ensure compliance with regulatory standards and internal controls, preparing accurate reports for management and audit reviews
• Develop and implement treasury policies and procedures aligned with industry best practices and regulatory requirements
• Lead and mentor treasury teams, fostering a collaborative high-performance work environment
• Forecast medium to long-term cash flow, identifying funding gaps and ensuring sufficient liquidity
• Adapt & implement treasury policies, ensuring alignment with corporate goals and local market conditions
Achievements:
• Securing debt financing exceeding USD 15 million to facilitate the expansion projects in Andalusia
• Strategically allocated over USD 25 million to address emerging working capital requirements
• Effectively reduced borrowing expenses through adept negotiation tactics and the establishment of new banking partnerships
• Pioneered the formation of Egypt’s central treasury team within the Andalusia Group, initiating operations from inception
• Direct and monitor group liquidity management, borrowing, investing, and corporate finance to ensure optimal fund allocation and liquidity
• Prepare comprehensive cash flow forecasts to secure sufficient liquidity for operational and investment activities
• Manage debt facilities, negotiate credit terms, and oversee working capital to optimize cash flow and minimize financing costs
• Establish and manage banking relationships, negotiate favorable terms, and streamline banking processes to reduce costs
• Identify, assess, and manage financial risks related to liquidity, interest rates, and foreign exchange, implementing comprehensive risk management strategies
• Supervise investment portfolio allocation, evaluate opportunities, and maximize returns within
• Ensure rigorous compliance with internal controls and regulatory requirements and prepare accurate financial reports
• Lead the implementation and optimization of treasury management systems to enhance efficiency
• Develop strategic plans to optimize working capital, streamline cash conversion cycles, and improve liquidity management
• Establish and refine treasury policies and procedures, ensuring adherence to regulatory requirements and alignment with business goals Achievements:
• Successfully negotiated and executed a working capital financing agreement totaling EGP 25 Million.
• Analyze cash flow forecasts and manage liquidity by adjusting cash positions and fund allocations strategically
• Supervise bank account reconciliation and monitor balances for efficient transaction processing
• Generate detailed treasury reports and support bank reconciliation exercises
• Issue letters of credit (LCs) and guarantees (LGs), ensuring compliance with export credit conditions
• Develop FX risk strategies and oversee debt portfolio management for optimal financing and cash flow
• Administer treasury management systems to enhance efficiency and automate processes
• Refine treasury policies and ensure compliance with regulatory standards Achievements:
• Implemented cost-saving measures, significantly reducing banking commissions, thus positively impacting the companys profitability
• Facilitated participation in debt-raising facilities totaling EGP 300 million, contributing to the companys financial strategy and growth initiatives
• Preparing daily cash position.
• Preparing daily bank dues report.
• Preparing weekly credit facilities position.
• Following up customers collection.
• Acting as relation manager with banks account officers, managing day to day operations, filling regulatory requirements and solving any operating problem.
• Executing bank transfers.
• Preparing Letter of credit and inward documentary collection documents.
• Recording bank transactions on ERP system, Make the required reconciliation at end of each month.
• Preparing daily cash position.
• Preparing daily bank dues report.
• Preparing weekly letter of credit position.
• Issuing cheques and executing bank transfers.
• Preparing weekly credit facilities position.
• Making weekly and monthly cash forecasts.
• Participating in new project visibility study preparation.
• Participating in managing Accounts & credit facilities with Banks starting from negotiating contracts, credit lines parameters, commissions & interest rates.
• Acting as relation manager with banks account officers, managing day to day operations, filling regulatory requirements and solving any operating problem.
• Participating in designing Import letters of credit sub-systems.
• Preparing letter of credit and inward documentary collection documents.
• Control financial operations as a result of sales
• Tracking customers balances
• Tracking suppliers balances
• Tracking inventory levels
• Preparing business activity reports
• Participating in financial statements preparation
• Control financial operations as a result of sales
• Tracking customers balances
• Tracking suppliers balances
• Tracking inventory levels
• Preparing business activity reports
• Participating in financial statements preparation