Treasury Manager
Tawfeer For Food - Kazyon
مجموع سنوات الخبرة :14 years, 7 أشهر
• Managing the daily cash management activities and monthly cash reporting.
• Preparing the daily cash position and cash forecasting.
• Assist/coordinate the treasury team in the daily banking/cash requirements with the Banks team
• Ensure the monthly and quarterly Banks reconciliations are accurate manner.
• Maintain a strong relationship with our bank’s team
• Monitoring day-to-day stores Cash/CR turnover.
• Ensure the depositing of the turn over money in the right bank account.
• Coordinate with the collection companies & our team to ensure all the collection will be on time.
• Executing the monthly salaries ( Over than 3000 Employees )
• Reviewing and approving the payment for the stores (205 Stores )
• Reviewing and approving the payment for the GL suppliers ( Cheques / Transfers )
• Reviewing and approving the payments for the Goods suppliers ( Cheques/ Transfers )
• Reviews and approves suppliers account reconciliations.
• Calculating and deducting the monthly/quarterly/annual rebates from the suppliers.
• Responsible for all the capital compilation / increasing process.
• Establishes and defines the financial closing schedule.
• Preparing the monthly cash flow.
• Head Quarter SAP system key user.
March 2014-Present SI-RETAIL GROUP - Auchan Hypermarkets
June - Present As Treasury Supervisor
• Responsible for daily cash management activities and monthly cash reporting, including preparing daily cash position, cash forecasting and ensure all payments are made on time in coordination with Managers of different sections.
• Understand thoroughly the different sources of cash inflows and outflows of the group, prepare monthly, quarterly and annual cash forecasts
• Term fund arrangement from bank as per company’s requirements.
• Manage facility utilization from different banks efficiently to minimize interest cost of the company's requirements and policies.
• Establish strong banking relation with relationship managers and their teams to ensure smooth movement of day to day transactions
• Maintain a list of bank covenants as per the facility sanction conditions and ensure company’s financials are in line with them.
• Review, implement and monitor the electronic ways of doing banking offered by different banks from time to time.
• Prepare or monitor company’s various cash flow forecasts and perform financial modeling
March to May 2014 As Accounts Payable Supervisor
• Receiving invoices, review approvals and record it on the accounting software
• Responds to the inquiries comes from other departments
• Proceed the online payments and checks for Vendors due invoices
• Checking and reviewing all the cheques before posted in the accounting system
• Review and transfer monthly store allowances
• Reconcile vendor statements
• Maintain a supportive role with other departments
• Verify proper codes and signatures of appropriate Executive Committee Members & Department Head on all invoices
• Ensuring all prices and quantities agree with purchase order amount
• Obtain all invoices from Receiving Team
Oct2009 - March 2014 MAF HYPERMARKET -Carrefour Bahrain
Jan2012 - March2014 as a Suppliers Negotiation Application Coordinator - Accounts Payable Department
• Handling suppliers inquires about the monthly rebates and credit notes (SNA System which is managing rebates, fees, to enter agreements and update the referential for suppliers)
• Prepare the suppliers payment and reconcile all the unpaid invoices for both GL & AP suppliers
• Prepare the monthly margin and stock report for the store.
• Control the inventory purchases procedures (includes receiving).
• Supervise the daily work for subordinates.
• Logistics coordinator for all the import shipments
• Calculating the landed cost for all the store import shipments
• Co-ordinate the commercial dep. And provide the analytical information.
• Chief Controller for quarterly and yearly inventory.
• Assist the auditors and prepare the requirement.
July2011-Dec2011 As A General Accountant
• Controlling and posting all the spooling cheques for the store earthier for suppliers or for staff
• Handling the store cash flow issued and clearing cheques, monitoring the financial issue for the store
• Follow up and reconcile all the money swipes between the head office account, current account and payroll account
• Handling store petty cash and monitoring all the expenses accounts
• Monitoring all the services suppliers and booking their invoices and preparing the payment.
• Chief controller for the assets inventory
Oct2009 - June2011 As A General Accountant
Work in the General ledger Section (JD Edwards System)
• Handling the daily sales and reconcile all kinds of sales (Cash, Credit card, Gift vouchers, cheques and credit sales)
• Followed up with the bank for the deposited cash and reconcile it with our actual sales
• Followed up with our cards merchant for the credit card sales and be sure they deducted the correct interest and deposited the balance in our current account
• Reconcile the foreign currency sales, checking the daily rate for each currency and be sure it’s deposited in our bank account and calculate the exchange gain or lose for each currency
• Monitoring all the store promotions to get the value of the issued vouchers and deduct it from the supplier if it’s from the supplier side and enter the value in the section margin in case it’s as a store level
• Assist chief controller for the monthly inventory for our cash counter office