Treasury Manager
Vinnell Arabia
Total years of experience :26 years, 3 Months
Understand, manage, and supervise all aspects of cash flow.
· Forecast monthly cash requirements and execute daily financing decisions.
· Assess risk on Imprest fund.
· Assess performance benchmarks and recommend changes when warranted.
· Review and recommend changes to the policies.
· Prepare or monitor company's various cash flow forecasts
· Evaluate cash management systems to optimize efficiencies.
· Understand and manage appropriate accounting procedures and processes.
· Monitor bank service fees and address quality issues.
· Conduct benchmark studies of banks and their services.
· Manage, direct, and develop Cash Management staff.
· Recommend, implement and maintain process improvements.
· Auditing and reviewing AP entries and processing payment.
· Serves as the company representative for establishing and maintenance all company banking relationships.
• Manages the entire disbursement process (check issuance and petty cash disbursements).
· Assigns, coordinate and review the work of the Assistant Treasurer and cashier.
· Keeps the ICT Director informed of issues and activities related to accounting, purchasing and assets.
· Reconciles petty cash and verify the balance.
· Provide day-to-day management of assigned accounts.
· Serve as a liaison between ICT, Finance and Purchasing Departments.
· Responsible for the management of records, including cash receipts, expenditures, purchasing, inventory and assets.
· Provide regular status reports to the ICT Director regarding the status of all key initiatives.
· Prepare and execute appropriate bank transactions and maintain and execute subsidiary records.
· Assists in the development and maintenance of financial reporting systems to insure integrity of finances based on sound accounting procedures and controls.
· Seeks input and acts upon requests and suggestions concerning accounting.
· Meets mandated publication and filing dates for financial documents.
· Additional functions may be essential as designated by the ICT Director.
· Supervises all month-end and year-end accounting.
. Interview applicants about their experience, education, and skills.
. Contact references and perform background checks
. Inform applicants about job details such as benefits and conditions.
. Hire or refer qualified candidates.
. Conduct new employee orientations.
. Process paperwork.
August 2009 - August 2011
Prince Sultan Military Medical City - Account Supervisor, Riyadh, Riyadh Region
. Manage the bank reconciliation.
. Follow-up all payment vouchers since received until cutting checks for beneficiaries.
. Send claims to Medical Service for compensations during the year and reimbursement at the year-end.
. Follow- up all scholarships payments and communication with the universities by e-mail.
. Prepares and development all treasury reports and make it easy accessible to all.
. Follow-up and manage cash flow position.
Manage the bank reconciliation.
. Follow-up all payment vouchers since received until cutting checks for beneficiaries.
. Send claims to Medical Service for compensations during the year and reimbursement at the year-end.
. Follow- up all scholarships payments and communication with the universities by e-mail.
. Prepares and development all treasury reports and make it easy accessible to all.
. Follow-up and manage cash flow position
Understand, manage, and supervise all aspects of cash flow.
. Forecast monthly cash requirements and execute daily financing decisions.
. Assess risk on Imprest fund.
. Assess performance benchmarks and recommend changes when warranted.
. Review and recommend changes to the policies.
. Prepare or monitor company's various cash flow forecasts
. Evaluate cash management systems to optimize efficiencies.
. Understand and manage appropriate accounting procedures and processes.
. Monitor bank service fees and address quality issues.
. Conduct benchmark studies of banks and their services.
. Manage, direct, and develop Cash Management staff.
. Recommend, implement and maintain process improvements.
. Auditing and reviewing AP entries and processing payment.
. Serves as the company representative for establishing and maintenance all company banking relationships.
. Manages the entire disbursement process (check issuance and petty cash disbursements).
. Assigns, coordinate and review the work of the Assistant Treasurer and cashier.
February 1998 - June 2004
Vinnell Arabia - Senior Accountant, Riyadh, 01
. Analysed files and accounts for discrepancies and resolved variances.
. Collected and reviewed employee, department and company-wide financial information.
. Completed month and year-end close procedures, and reconciled all bank accounts.
. Managed team of 5 accounting staff.
. Discussed and negotiated working capital requirements with banking representatives.
. Generated and presented monthly financial statements to senior management.
. Generated financial statements and facilitated account closing procedures each month.
Analysed files and accounts for discrepancies and resolved variances.
. Collected and reviewed employee, department and company-wide financial information.
. Completed month and year-end close procedures, and reconciled all bank accounts.
. Managed team of 5 accounting staff.
. Discussed and negotiated working capital requirements with banking representatives.
. Generated and presented monthly financial statements to senior management.
. Generated financial statements and facilitated account closing procedures each month.