Acting Treasury Manger
National Water Company
Total years of experience :22 years, 11 Months
Acting Treasury Manger
Understand, manage, and supervise all aspects of cash flow collections, payments, funding processes and controls.
Supervision, maintain & monitoring LG and LC including Issuing Extension, Release, Reduction and Concession.
Evaluate, participate, develop and implement cash management systems to optimize efficiencies.
Supervision on daily collections ( Cash, Cheques & POS ).
Prepares reports and correspondence relative to collections and expenses.
Manage relationships with financial service providers and clients.
Enforces policies and procedures related to corporate treasury processes.
Preparation of monthly treasury operations reports
Promote team working and advocate tasks sharing ensuring treasury functions are met on daily base
Responsible for supervising and directing the finance functions, including general ledger, accounts payable and receivable, check processing, fixed asset.
Prepares entries and adjustments to records, prepares periodic reports, reviews and reconciles data.
Maintaining MOWE Budget.
Participates in the development of financial process and procedures.
Ensures that finance functions are completed in accordance with established policies and standards and related governmental requirements.
Establishes or adjusts work procedures to meet task schedules using knowledge of capabilities of supervised staff.
Supervising budgets, cash flow, and operating results.
Supervises the activities of financial analyses staff to ensure that work is completed on a timely basis and that company policies and procedures are followed.
Analyzes and resolves work problems or assists employees to resolve problems.
Trains and evaluates employees to enhance their performance, development, and work product.
Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and financial statements including monthly and annual accounts
Ensure financial records are maintained in compliance with accepted policies and procedures.
Ensure all financial reporting deadlines are met
Prepare financial management reports.
Ensure accurate and timely monthly, quarterly and year end close.
Resolve accounting discrepancies and irregularities.
Develop and maintain financial data bases.
Financial audit preparation and coordinate the audit process.
Ensure accurate and appropriate recording and analysis of revenues and expenses.
Dealing with banks to invest money in mutual funds and Murabhat.
Ensure accurate and appropriate recording and analysis of revenues and expenses.
Held daily cash reports, banks coordination, and
bank reconciliation.
Review all vendors' invoices and employees
claims and process itfor payments.
Review and approve all payments voucher prior to be booked into system.
Organize payment releases and scheduled payments.
Built a good relation with vendors and held vendor account reconciliation.
Training new hired on the finance system.
Prepared user guide for Accounts payable on Oracle.
Maintaining the Company’s accounting books and records based on the approved policies and procedures
Supervising the accountants working in the division and distributing work to them based on their capabilities.
Reviewing of payroll sheets prepared for all divisions by the administration departments
Responsible for performing the relevant controls for the company’s accounting system to ensure the safeguarding of the Company’s assets and that expenditure is within budget and variances are reported on timely basis
Reviewing the relevant Payment Vouchers and Journal Vouchers relating to accounting transactions
Reporting to the Center Chief Accountants
Responsible for the following accounting cycles:
Spare Parts (e.g., Receiving Parts, Inventory, Sales -Cash, Credit, Internal - Preparing, reviewing and Posting Journal Vouchers). In addition to the bimonthly perpetual stock taking
Service Center (Vehicles Maintenance), main functions were monitoring the daily services sales, preparing, reviewing and posting the journal vouchers, computing the services cost of sales, physically counting and reconciling the other service center's stock.
Vehicles (e.g., Receiving vehicles' Green Ticket -GT-, compares the Vehicles Receipt Notes with the GT on hands and HO invoices, reviewing the Sales invoices and releasing the related GT,
comparing the vehicle's registration with the invoice data in order to approve the release of the vehicle, preparing, reviewing and posting journal vouchers, conducting the monthly physical count
and updating stock reconciliation.
Computing the above various departments staff
Incentive/commission
Checking daily sales report.
Matching the cash with sales report on daily base.