Head of finance
EHAF Consulting Engineers
مجموع سنوات الخبرة :18 years, 7 أشهر
Main responsibilities:
• Forecast monthly, quarterly and annual results
• Approve or reject budgets
• Evaluate and decide on investments
• Supervise all finance department team.
• Allocate resources and manage cash flows
• Conduct profit and cost analyses
• Develop secure procedures to maintain confidential information
• Ensure all accounting activities and internal audits comply with financial regulations
• Consult board members about funding options
• Recommend cost-reducing solutions
• To ensure that we complies with VAT and all other tax regulations, taking advantage of all available reliefs. To ensure that all tax and VAT returns for and its sister companies are completed on a timely basis
• Work with Internal and External Auditors in support of the annual financial accounts audit and annual internal audit plan
• To provide high quality financial support to managers and departments so that budgets are operated effectively
• To co-ordinate production of monthly financial reporting information for budget holders in accordance with the approved timetable
• To summarise the monthly financial reports for the Executive Group and the Board of Governors in accordance with the approved timetable
Main responsibilities:
1- Treasury and cash management.
• Cash and liquidity management.
• Ensuring that the company's cash flow is adequate to allow it to operate effectively.
• Forecasting cash payments and anticipating challenges arising from limited cash flow and perform financial modelling.
• Evaluate, develop and implement cash management system to optimize efficiency.
• Understand, manage, and supervise all aspects of cash flow.
• Manage, direct, and develop cash management staff.
• Manage relationships with all financial institutions relationships.
• Handling all organization facilities.
• Performs treasury activities related to cash flow, borrowings, debt, and working capital management.
• Negotiating loans or overdraft terms with banks.
• Supervise operations with banks regarding shipping and import and re-export documents.
• Handling Fx transactions with banks.
• Member of credit committee.
• Monitor bank service fees and address quality issues.
• Recommend, implement and maintain process improvements.
• Monthly closing and reporting.
• Sharing in annual financial planning and budget.
Treasury & AR Supervisor
Main responsibilities:
1-Treasury and cash management.
•Handling all financial institutions relationships.
•Handling all organization facilities.
•Cash position.
•GL reconciliation & allocation.
•Forecast cash flow positions, related borrowing needs, and available funds for investment.
•Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
•Understand, manage, and supervise all aspects of cash flow.
•Forecast daily cash requirements and execute daily financing decisions.
•Prepare or monitor company’s various cash flow forecasts and perform financial modelling.
•Manage relationships with financial service providers.
•Monitor bank service fees and address quality issues.
•Manage, direct, and develop cash management staff.
•Recommend, implement and maintain process improvements.
•Monthly closing and reporting.
•Sharing in annual financial planning and budget.
2-Account receivable and revenue assurance.
•Billing & collections.
•Cash management over collections from different channels.
•Revenue assurance.
•Revenue analysis.
•Controlling customer’s credit limits.
•Meets accounts receivable operational standards by contributing information to strategic plans and reviews; implementing production, productivity, quality, and customer-service standards; resolving problems; identifying system improvements
•Meets accounts receivable financial standards by providing annual accounts receivable budget information; monitoring expenditures; identifying variances; implementing corrective actions.
•Updates receivables by coordinating and monitoring daily sales order processing and bank remittance transactions
•Maintaining & controlling credit policy, Customer facilities and customer collaterals.
•Monthly customers Confirmations.
•Monthly aging &AR reports.
•Sharing commercial department to set the new contracts.
3-Supervise reconciliation and settlement Operation section.
•Responsible for implement and present all new customers and billers to Fawry network.
•Supervise daily reconciliations between Fawry and customers.
•Control daily transfers from Fawry to Vendors(Billers).
•Responsible for biller’s electronic inventory.
Treasury and cash management supervisor
Handling all financial institutions relationships.
Handling all organization facilities.
Understand, manage, and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Prepare or monitor company’s various cash flow forecasts and perform financial modelling.
Manage relationships with financial service providers.
Monitor bank service fees and address quality issues.
Manage, direct, and develop cash management staff.
Recommend, implement and maintain process improvements.
Account receivable and revenue assurance.
Billing & collections.
Cash management over collections from different channels.
Revenue assurance
Controlling customer’s credit limits.
Maintaining & controlling credit policy, Customer facilities and customer collaterals.
Controlling salesmen daily collections and deposits
Monthly customers Confirmations.
Monthly aging &AR reports.
Sharing commercial department to set the new contracts.
Sharing in annual financial planning.
Supervise financial operations section.
Responsible for implement and present all new customers and billers to Fawry network.
Supervise daily reconciliations between Fawry and customers.
Supervise daily reconciliation reports to banks and billers.
Control daily transfers from Fawry to billers.
Supervise daily transfers to billers.
Handling needed facilities.
Responsible for biller’s electronic inventory.
Responsible for Account receivables (whole sale).
Maintaining Customer Data Base, Monthly Aging and Daily Customer Position.
Reconciliation between AR Module, Inventory module Versus G/L
Proper Reconciling for Gross Revenue to A/R and Sales of retails.
Responsible for intercompany accounts (AP/AR/Current).
Reconcile accounts with subsidiaries in Raya holding group including a through revision for the month - end aging report for these accounts.
Responsible for collection from the subsidiaries of Raya holding.
Implement & maintain effective internal controls on the daily operation transactions in the branches.
Revise the daily Transactions of the company branches to ensure their accuracy & review the monthly branches reconciliations.
Prepare monthly income statement for branches operating unit for the company internal use.
Analysis Sales revenue and preparing monthly P&L (Retail Section)
Administering inventory checkups quarterly in all branches.
Fawry Banking and Payment Technology Services
Fawry is a payment service available through banks, a nationwide network of retailers and internet that enables people to pay for their bills and recharge their mobile phones anytime and anywhere.