Assistant Treasury Manager
Emaar Properties
مجموع سنوات الخبرة :14 years, 0 أشهر
May 2019 till Present
Assistant Treasury Manager, Emaar Properties.
Assist in Managing, and supervising all aspects of cash flow in all bank accounts by assist in Managing the daily operation to ensure the efficient operation and to developing the process to reach the optimal usage.
Monitoring and managing the organization’s bank relationships and liquidity management.
Analyzing various scenarios and risks and reporting to senior management
Foreign exchange risk management and development of foreign exchange risk mitigation strategies.
Prepare and support in reviewing monthly banks reconciliation that all items are cleared on a timely basis in accordance with company’s accounting policies and ensure that the accounting books and records are updated on timely basis to reflect all cash and bank transaction.
Liaising with banking and business partners to complete annual KYC formalities
Consolidating and analyzing cash flow forecasts of subsidiaries and pro-actively arrange funding before the funds are required.
Developing and maintaining new short term cash and debt forecasts with the operating entities; analyses variances, and work with the business units to improve forecasting reliability and liquidity planning.
Daily cash management of the group’s bank account and cash pool balances.
Handling the LC’s and LG’s.
Support the Internal Audits with analysis and reviews to ensure policies remain fit for purpose.
Cash forecast reporting
Senior Risk and Credit Management Analyst, Novartis pharma.
Novartis one of the greatest multinational Company, focused on industry-leading divisions with innovation power and global scale: pharmaceuticals, eye care and generic medicines.
Experience Summary:
Ownership for the monthly AR close process including reconciliation of the AR sub-ledger to the General Ledger. support the Marketing and Customer Service functions by maintaining a credit policy that is limiting the risk of loss, control bad debt losses resulting from extension of credit limits to unsecured customers, maintain accounts receivables at a level responsive to company's financial and business requirements, Achieve target DSO as part of overall working capital objectives, Ensure high information standards at all levels, proper monitoring and reporting and provide reliable data source for accurate cash flow forecasts
Essential Duties and Responsibilities:
Provide the (CFO & BPA & Credit management regional manager) with timely reports that identify potential risks.
Preparing annual plans for ACR, DSO, CCL and collections.
Ad hoc studies, analysis, comparisons for support management decisions.
Monthly closing reports (aging, sales, accruals, DSO, MOR (Monthly operation review report).
Prepare & maintain the internal audit control reports in time.
Calculating monthly accrual for commercial activities.
Responsible for calculating credit limits for customers.
Responsible for blocking or releasing customer orders based on credit positions.
Controlling distributers commercial program and ensure Novartis terms are being followed.
Managing Expired returned goods.
Monitor receivables and collections and provide updates of receivables on regular basis.
Review daily receivables and ensure adherence to accepted credit limits.
Set up the terms and conditions of the customer credit facilities in line with the credit policy.
Sharing in update the SOP & Credit Policy with the credit committee.
Allocating payments received against outstanding sales invoices.
Investigating and resolving a high volume of queries from Distributors and raising Salesforce cases if query is transferred to Customer Services / Master Data.
Operation System:
SAP
Oversee, review and prepare a variety of journal entries, including accounts receivable aging analyses, audit and post cash receipts.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
Analyze financial information and summarize financial status.
Provide metrics and specific reporting to senior management.
Supervise every aspect of a company’s accounting function.
Delegate financial responsibilities to accounting team, assign and review staff’s work.
Audit bank reconciliations.
Prepare financial statements and produce budget according to schedule
Support month-end and year-end close process.
Assist in making key business decisions by providing special analysis.
Experience Summary:
Ownership for the monthly AR close process including reconciliation of the AR sub-ledger to the General Ledger.
Maintains the monthly analysis of all general ledger accounts relating to sales, accounts receivable, dealer commissions and sales & use tax.
Manage the monthly reconciliation of other AR related accounts (such as unapplied cash, unclaimed credits, clearing, accrual, bad debt, charge-backs, withholding and sales tax).
Assists in preparing financial reports & monthly statement.
Essential Duties and Responsibilities:
Preparation of Journal Entries for Monthly Activity
Preparation and Analysis of Monthly Financial Reports
Prepare deferred revenue schedules and journal entries to support the month end close.
Reviews and approves work such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by Accounting Clerks.
Reconcile all revenue and deferred revenue accounts and maintain detailed support for reconciliation.
Preparing Monthly aging.
Accurately reports tenant payments received and due, and performs account analysis and reconciliation when Property Managers or tenants question tenant statements.
Operation System:
Oracle
Experience Summary:
I’m Appling to analyze financial information and prepare financial reports by compiling information and utilizing appropriate accounting control procedures.
Professional Experience:
Prepared and registered daily financial transaction in the G/L and posting to the sub ledgers
Handled invoice entries and double-check these for accuracy.
Verifies terms of credits and guarantees, such as amount, insurance coverage, and shipping conditions to determine compliance with established standards.
Coordinates customer credit information and collateral papers with Relationship Manager to comply with bank credit standards.
Establish, maintain, and coordinate the implementation of accounting and accounting control procedures.
Preparation of monthly A/R aging report.
Explain billing invoices, credit details, and accounting policies to clients.
Supervise the input and handle financial data and reports for the company’s automated financial systems.
Interact with internal and external auditors in completing audits.
Researches and applies unallocated cash.
Oversees client trust accounts, accounts receivable write-offs and payment reversals.
Provides monthly financial and management reports.
Assists in financial management and analysis, as requested.
Organizes and maintains retention files for required period of time.
Notifies exporters and importers of issuance of LC’S and LG’S covering shipment of merchandise reviews LC’S and LG’S documents to determine compliance with international standards.
Operation System:
Oracle
Professional Experience:
Maintaining the general ledger, including preparing journal entries, coding invoices, accounts analysis and reconciliation, and performing the month end closing
Managing bank balances and preparing monthly bank reconciliation
Handled Tasks Related To Cash Disbursement and Cash Reconciliation.
Managing all clients balances and reviewing sales invoices for approval according to each customer's credit limit
Performing accounts payable duties, such as verifying all invoices for payment, ensuring expenditures are charged to appropriate accounts.
Assisting outside auditors (if necessary) at year end, including preparation of schedules, invoices, and explaining supporting materials and procedures.
Account payable and receivables control and maturity implementation
Sharing in the preparation of yearly budget and forecasts and cash flow
Compile and analyzes financial information to prepare entries to accounts, such as general Ledger accounts, Balance sheets, Income statements and Cash flow.
In charge of Bank reconciliation and follow up loans.
Prepare and process monthly Payroll
Review, investigate, and correct errors and inconsistencies in financial entries, documents, and reports.
Account Receivables and Account Payables aging report feed to HQ's and collection and payables department.
Conduct studies and submit recommendations for improving the organization's accounting operation.
Operation System:
Peachtree