Group Treasury Manager
Power International Holding
مجموع سنوات الخبرة :16 years, 11 أشهر
Participate in PIH and its subsidiaries assets liabilities management.
• Capital structure planning by determining the best mix of debit and equity.
• Oversees all aspects of cashflow forecasting and works on the funding decisions.
• Managing all treasury activities by focusing on group exposure, liquidity management, interest rate, foreign exchange, counterparty risk, working capital facilities and unfunded credit lines.
• Ensure proper utilization of trade finance products to comply with group policies and procedures.
• Managing off balance sheet liabilities and associated risk.
• Raising project finance for new projects to achieve the targeted KPIs.
• Work on the achievement of PIH credit rating.
• Managing the entire Corporate Treasury operations including cash management, liquidity, working capital requirements & operational bank relationship management ensuring full alignment and compliance with Group treasury policies and procedures.
• Identifying and implementing cost savings initiatives relating to financial charges and interest on borrowings and facilities.
• Develop corporate cash management strategy to minimize trapped cash, minimize banking fees, and optimize earnings.
To prepare Short, medium, and long-term cash forecasting.
• Managing the entire corporate credit and collection function and controlling the exposure.
• Maintain hedging and foreign currency process.
• Develop and communicate cash management policies and procedures.
• Ensure adequate bank credit is available for LC’s or short term cash needs.
• Proactively manage the team’s daily workflow, ensuring deadlines are met & controls adhered and transactions are processed correctly / efficiently by team and associated records are properly filed.
- Cash & Treasure management.
- Preparing forecasting cash flow report on a quarterly basis, and report the variances.
- Develop & maintain productive relationships with banks.
- Monitoring & reviewing daily bank position report.
- Review Monthly bank reconciliation.
- Reviewing suppliers and subcontractor payments.
- Reviewing all cash payment voucher and bank payment vouchers to ensure the accuracy of the records.
- Ensure the compliance of Policy and Procedure of the company are applied in treasury operations.
- Preparing bank facility utilization report.
- Supervise trade finance operation.
- Monitor the guarantees issued.
- Participate in preparing financial reports.
- Supervised a team of accountants throughout all of their accounting transaction's.
- Review and post all receivables invoices and monitor the collection.
- Post the inventory transactions.
- Participate in preparing the financial reports.
- Labor payroll preparation.
- Supervise the warehouse operations and conduct physical count for random items.
- Review subcontractors payment certificate.
- Manage the cash purchase request from the site petty cash.
graduated with an excellent degree with an 75.01 Average wish is equal to 3/4 GPA