Group Corporate Treasury Analyst - Deputy Manager
EL Sewedy Electric Group
مجموع سنوات الخبرة :13 years, 6 أشهر
* Position Responsibilities Scope::
* Budget Controls
* Planning System
* Cash Management Head
* Corporate Treasury Section Head
Responsibilities at S.B.G from May 2015 till Present as Head of Finance :
• Responsible for Appling with revising all accounting cycle (AP, AR, GL, FA, Cash Management, Costing & Budget) .
• Financial budgeting and reporting with costing for assets by one billion SAR.
• Accurate financing and cash flow mentoring the measurements for adequate finance.
• Preparing all row financials and reported to Senior Management …,
• Key Reports Prepared In Monthly Finance Memo With Budget Variables Adjustments
• Capital Budget, Cash Budget, Operating Budget, Sources & Uses Statement Matching for the Capital, Management Cash Flow, Projections & Financials (FCF), Gap Analysis, What If Analysis for Budget, Opportunity Cost Reports, Weekly Treasury Action Plan & Position, Monthly I/S Direct Method & Multi-Functional Approach, Cash Disbursement, Some reports runner based on Time Serious Analysis or Cross sectional based on Purpose of the Report, Balance Sheet Manual Preparation, Variance Analysis, Financial Fact Analysis Chart Sheet …
• Control all facilities and maintain liaising with Three Banks with follow up Reports from Accounting Department such as Time Loan Reports & Payable, Receivables Aging to Manage my Own Cash Management Function with Operate my Cash Flow
• All responsibilities below are still in my scope of duties for all treasury functions
• Sharing Top Management for Capital Direction and Investment Channel based on Cash Flow & Expansions plan integrated with Banks Functions such as TD, FWD& So on ….
Treasury Section Head - Head Office
at Mohamed Binladen Co,
From May 2014 - Present Time
1. Monitoring of cash flow movements and expected cash requirements.
2. Prepare treasury cash report & developing of appropriate and reliable treasury accounting processes
3. Help in executing financial statement Monthly
4. Determine daily cash position and requirements (invest excess cash, determine borrowing needs)
5. Manage company cash pool and liquidity needs (funding needs or investments with Lined Finance).
6. Create cash forecasts (Annual, quarterly, monthly). Perform variance analysis on actual versus forecasted cash flows.
7. Ensure that sufficient funds are available to meet on going operational and capital investment requirements
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8. Arrange for equity and debt financing
9. Advise management on the liquidity aspects of its short and long-range planning
10. Maintain Banking relationships
11. Preparing management reports (Dashboard) and forecasting (local and company liquidity forecasts)
12. Liaise with other finance departments (A.R, A/P, controlling) on initiatives to improve working capital, harmonize and automate processes
13. Manage Line of credit programs and other financial assurance requirements
14. Other tasks from below senior specialist level.
2- Working as Senior Treasury Specialist & Analyst at Qatar National Import and Export
(Q.N.I.E) at Doha (January 2012 till July 2012)
Q.N.I.E Recognitions:
Qatar National Import and Export Co. (QNIE) is one of the largest FMCG distribution companies in the State of
Qatar. Renowned for its brand names, QNIE is committed in its vision to be a pioneer in the world of import and exports. We are a well-established leader in providing all our customers with quality service with unique value to our
suppliers, consumers and customers. QNIE Foods has every meal for every part of the day! We have breakfast,
lunch, afternoon snack, dinner and your favorite midnight snack! Whatever your sweet tooth desires we are here to serve! Just name the food! Our stock of national brand recognition food products brings our customers the quality
they expect and demand from QNIE. (Turnover of the Company Credit around 1.3 milliard QR)
Responsibilities at Q.N.I.E on Sr.Supervisor level
1. Monitoring of cash flow movements and expected cash requirements.
2. Prepare treasury cash report & developing of appropriate and reliable treasury accounting processes
3. Help in executing financial statement Monthly
4. Determine daily cash position and requirements (invest excess cash, determine borrowing needs)
5. Manage company cash pool and liquidity needs (funding needs or investments with Lined Finance)
6. Create cash forecasts (Annual, quarterly, monthly) . Perform variance analysis on actual versus
forecasted cash flows.
7. Ensure that sufficient funds are available to meet on going operational and capital investment
requirements
8. Arrange for equity and debt financing
9. Advise management on the liquidity aspects of its short and long-range planning
10. Maintain Banking relationships
11. Preparing management reports (Dashboard) and forecasting (local and company liquidity forecasts)
12. Liaise with other finance departments (A.R, A/P, controlling) on initiatives to improve working
capital, harmonize and automate processes
13. Manage Line of credit programs and other financial assurance requirements
14. Other tasks from below senior level.
Responsibilities at Q.N.I.E on Senior level
1. Making Analysis about Cash Flow, Balance Sheet & Income Statement by ratios on Monthly Basis.
2. Making comparison between Estimated Cash Flow By actual to handle company items variance by Direct
& In Direct Methods
3. Reporting Cost Of Finance comparing with Usage of refinance lines at banks
4. Revising banks interests as cost of the refinance comparing with pricing of every bank
5. Renewal facilities with making memo of bank facility & memo of banks markets pricing for all facilities
6. Follow up Global Rates for Borrowing that effect on banks pricing & help treasury to adjust it's Future
strategy plans ( Treasury actions Plans)
7. Dealing with ten banks operation on Islamic System
8. Managing cash in to meet cash out by banks maturities time loans and others
9. Opening letters of credit and letters of guarantee's by organized cycle according to UCP 600 latest version with incoterms by full roles of ICC (International Chamber of Commerce)
10. Working on SAP Accounting system to handle all of bank transaction entries till display reports applied with banks certificates
11. Controlling online banking for more than three banks
12. Making monthly reconciliation.& Monthly Clearing on SAP
13. Treasury Position Reporting on weekly basis & Cash Position Report on Daily basis
3-Has worked as Senior Treasury Specialist & Analyst
Arafa Holding Group Egypt
(January 2011 - January 2012)
4-Has worked as Treasury Accountant & Specialist
Arafa Holding Group Egypt
Revising Facilities of the Company with More than Ten International & National Banks.
2- Cost OF Finance Reporting.
3- Treasury Position Reporting.
4- Financial Cash flow Reporting.
5- F.X Deals and Assess manage and mitigate foreign currency exposure. Use hedging to mitigate financial risks mainly related to foreign exchange positions/requirements.
6- Responsible for SWAP contracts and FWD forward deals follow up and it’s analysis reports.
7- Following and Revising Documentary of Credit (L/Cs).
8- Following and Revising Documentary of Guarantees (L/Gs).
9- Arrange and Making Banking Reconciliation on Accounting System.
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10- Decision Maker around Time Loans and Time Deposits.
11- Revise With External Audit The all Parts Belong in banks at the Balance Sheet & Income statement As :
(Accounts Balances, Hedging Scenarios & its Effect on accounts, formation Loans & Deposits).
12- Follow the retails issues as (opening current accounts & corporate credit card …….).
13- Got Experience through Handling in Every Modules for two Professional Accounting System as
(Bank, Account Receivables, .Account Payable & General Ledger Modules).
Al-Arafa Group Recognitions: Arafa Holding is a multinational organization offering the highest quality apparel that exceeds the expectations of its customers - the owners of the world's leading brands. (Turnover of the Company Credit around 140
Million USD)
All courses is mentioned at below training and extra educational section , thanks Achievement's: at my x works At Q.N.I.E made as online system for following transaction by Islamic Finance advance professional technique to can release any report for treasury features any time to be able to make decision. Making special advanced sessions for all finance and other commercial employees as training to improve the trade finance cycle at our company, global treasury features & corporate finance with banks roles to improve the O.C.P (operation cycle processing) of the company. Responsible for lines of credit facilities for three Varity Activity Operation companies in QNIE Group in Construction facilities by 250 Million QR – FMCG by 800 Million QR. Responsible for association the Holding Facilities & all groups. Training & Language and Managements Courses: 1. Studied English courses (general and advanced) at American university in Cairo 2. Icdl preparation at AUC and certified from Enesco 3. Studied under graduate diploma from AUC The Certificate Contains Of Seven Subject (Accounting principles , Business economics , Financial reporting , Banking operation , Computerized accounting ( dac easy accounting program) ,Financial management and control & Management accounting ) 4. Starting the CMA Program, part one at AUC on 12/10/2009 (Business economics, global business, internal controls, quantitative methods and financial statement analysis). 5. Attended courses supported from international banks around Globel Banking Trade finance & Treasury Scenarios Features at BNP Paribas, Citi Group, CIB). Skills: 1- Computer knowledge: Compact professional accounting applications Axapta professional accounting applications S.A.P ERP System " 1st accounting system in the world " Ahmed Ashraf Page 4 DAC Easy professional accounting program V.9 Microsoft Office: good
Cairo University May 2009 - Grade: Good