Senior Finance officer
Ghassan Aboud Group
Total years of experience :6 years, 10 Months
Key responsibilities:
• Real-time monitoring of cash in-flows & payment confirmations (70 accounts across 4 banks)
• Coordinate settlement on corporate loans and agreements (LATR deals & settlements)
• Initiating & executing trade payments by personally authorizing debit accounts
• Monthly reportings on Forex exposure, Cash Positioning, Cash flow forecasts with a focus on upcoming financing needs
• Strategizing short-term debt settlement
• Bank liaising & negotiations
• Ensuring fund availability & maintenance for all short-term liabilities
• Responsible for calculation of Interest-bearing conventional banking instruments (FDs) and deals
• FX management
• Bank reconciliation & ledger management in SAP across the group
• Verification of bank facility charges against tax invoices and identifying discrepancies (LC & Guarantee charge)
Key achievements:
• Overseeing and managing excess of AED 250 Million in monthly cash flow
• Pro-actively utilizing excess funds for pre-maturing or partial settling LATR/short-term loans. Over AED 500K saved in interest alone within the last year
• Smooth in-house banking operations
Highly proficient in:
-- SAP
-- ENBD SmartBusiness Banking Platform
-- Mashreq MATRIX Banking Platform
-- iBusiness CBD Banking platform
Key responsibilities :
1. Complete analysis of company's financial statements ( Horizontal, Vertical, Trend and Significant ratios)
2. Comparing company's key ratios ( Profitability, Asset Utilization, Liquidity and Solvency ratios ) with the benchmark
3. Determining company's sustainable growth rate
4. Understanding core financial positioning, structure and corporate governance of the company
Key achievements :
1. Projections of company's market cap, growth rate, revenue, operating cash flow and EPS
2. Measured company's quality of earnings rather than quantity using the operating cash flow
3. Improved company's cash conversion cycle
Top Graduate- Distinction Holder