Corporate Treasurer
Dur Hospitality Company
Total years of experience :16 years, 6 Months
Secured long-term funds(Fundraising) from banks and other financial institutions, making the best utilization of the funds as per organization’s requirement.
Forecasting cash flow positions, related borrowing needs, and funds available for investment.
Ensuring that sufficient funds are available to meet ongoing operational and capital investment requirements as well as debt obligations.
Using hedging to mitigate financial risks related to the interest rates on the company's borrowings.
Monitor and control corporate exposure to financial and operational risks.
Facilitating the Company's relationships with commercial banks, payment service providers and lenders and reach banks locally regionally and internationally.
Managing the group debt arrangements, monitoring compliance to debt covenants.
Advising management on the liquidity aspects for acquisitions and project finance.
Maintaining a system of policies and procedures that impose an adequate level of control over treasury activities.
Ensure compliance with internal controls, policies and procedures that will enhance monitoring treasury operation policy.
Participate in implementing share services strategy to optimize efficiencies by coordinating with finance units.
Preparing finance Annual operation plan 2019 and review 2018 in Treasury forecast, Budget forecast and year achievement report.
Prepare quarterly investment updates on all investments on capital market and mutual funds.
Establish and implement cash flow reporting policies procedures and templates across corporate and BUs.
Periodically collate, consolidate, monitor and report cash flow current position and forecast for each BU and for the company as a whole.
Manage liquidity, establish group wide L/C’s and ensure funds are available to meet short term business needs.
Manage treasury and short term investments (money markets, capital market).
Manage excess liquidity and recommends appropriate investments opportunities to balance liquidity with profitability.
Establish and oversees the implementation of bank operations policies and managing banks relations.
Deal with banks and financial institutions with regards to direct borrowing and/or debt rising via private placements and/or public offerings.
Manage debt financing (bond issues, bank loans, etc), and arrange for other financial structures (e.g. investment funds) to formulate investment strategy.
Review agreements entered into by corporate/ BUs and defines cash flow required.
Manage internal borrowing and financial risks (e.g. interest rate and exchange rate).
Coordinate with the Legal function on new entity formation or re-structuring of existing one (advising in the areas of capital structuring, tax optimization of structure, accounts and signatories, etc) and execution of resolutions.
Participate in hiring key department’s leadership positions.
Communicate and discuss the function’s guidelines and procedure with employees to ensure responsibilities, authorities and accountabilities are defined and understood.
Provide guidance, support, leadership and management to the Treasury function employees to ensure effective and efficient flow of work, and ensure that all employees recognize their fundamental roles to achieve overall organizational objectives.
Conduct annual performance appraisal to review employees’ performance, carry out disciplinary meetings when needed, recommend salary adjustments, reward and promotions based on employee performance results.
Monitor the adherence of Treasury function employees to the company’s guidelines, policies and procedures.
Ensure effective departmental performance through the selection, development, deployment and motivation of competent staff.
Organized Insurance Policies under one agreement & SLA to improve quality of service, monitor Loss ratio
Acting CFO in his absent.
Assist the Unit Head on top 50 Customers country wide Focus
Assist unit head in product selection process and communications with structuring team
Coordinate with marketing dept. for mass launch marketing campaigns
Work effectivly with the sales team to ensure achieving 800MM Samba Structred deposit (SSD)volume for 2011
Achieve branches Structured Deposit target by creating pipeline and proper follow ups
Ensure constant deals flow for each region by maintaining an overall strong pipeline
Ensure to achieve 35 calls until end of 2011
Ensure participating on team achievement of Structured Deposit volume of 200MM per quarter / 800MM for full year
Assist in Road shows for new products in all regions and Treasury Trainings
Continue to focus on top RMs and BMs and existing large tickets customers
Update pipeline deals on weekly basis, supported with call reports
Support the Chief Trader to develop business, attract new clients, offer superlative service, and enhance profitability in the International brokerage unit.
Help establish controls, effective supervision and maintain minimum audit standards over the International dealing operations.
Support the Chief Trader to establish an effective team through leadership and motivation.
Improve customer service, reduce transaction errors, and ensure timeliness in execution of customer orders, requests, and queries.
Support the Chief Trader by ensuring proper integration, systematic management, and implementation of effective controls.
Maxmizing branch sales by brought new clients
Buliding and maintaining relationships with clients by Satisfying their needs
Managing and controlling the branch expenses.
Defining the sales targets for the branch employees and organising branch teamwork to achieve these targets.
Following the real sales operations in comparison to the plan side by side with assisting and supporting with instructing the personnel.
Solving problems and constraints.
Developed the bank marketing campaign strategy.
Reviewed market history and competition in order to improve the level of service.
Cooperated with the internal audit and risk management departments shortcomings.
Corresponded with the administration to control assets protection.
Served and managed wealthy customers’ accounts.
Organized staff training, coordinated schedules and focused on retention.
Dedication and respect for company demonstrated through leadership skills
MBA in Finance