Treasury Manager
Tawakol Metal Industries Group
مجموع سنوات الخبرة :18 years, 7 أشهر
• Manage cash functions including cash concentration, wires, and account funding, ensure adequate liquidity for working capital needs and invest short term excess.
• Prepare annual budget and monitor compliance.
• Assist board of directors in making financial decisions
• Managing banking relationships, negotiate bank facilities and service fees.
• Manage corporate modeling forecasting and risk management activities.
• Prepare Treasury Reports, Daily Cash Position, Monthly Cash Flow Forecast.
• Managing and verifying local & foreign payment cycles.
• Review and approval Trade Finance in coordination with Logistics Team (LC’s & IDCs monthly issuance & settlement plans).
• Ensure compliance with internal controls, policies, and procedures. Develop and monitor treasury operational policies.
• Develop and maintain relationships with banks, and follow up payment process.
• Monitor the company’s inflows and control the collection processes to manage borrowing levels.
• Develop accurate and timely cash forecast to ensure working capital requirements.
• Review monthly closing bank reconciliation and generate periodical internal and external reports.
• Ensure that all insurance policies are in line within global insurance coverage.
-Cash Flow Forecast/Analysis: Forecast cash flow positions to support business goals for borrowing needs, and funds available for investment.
Corporate finance and financial risk management
-Managing Capital Structure Strategies and Corporate Funding resources.
-Banking Facilities: identifying cash and non-cash banking facilities as per business requirements, negotiate best possible terms and prices.
-Liquidity Risk: most efficient use of cash resource to ensure sufficient fund are available to meet ongoing operational requirements and other obligations.
-Mitigate FX exposure through spot and forward FX position, balance sheet hedging.
Operational Risk: avoid and mitigate operational risk through insurance Coverage, in addition to negotiated for prices and conditions for insurance policies.
-Financial Analyses: Applying analysis techniques for F/S, Capital Budgeting based on Discounting Cash Flow, Cash Conversion Cycle analysis, Consolidated financial exposure Report …. etc.
- Research financial problems, determining their root causes and then proposing solutions.
- Increase productivity by developing automated reporting tools.
-Investment Portfolio: Manage all aspects of In-house investment portfolio, evaluate investment opportunities options to assess return & risk, and periodically evaluate of existing Investments…etc.
-Payment Control: Develop and implement most efficient payment process, inter-company funding, and settlement of Banking obligations on due date.
Treasury Operations
-Banking relationship: Manage relationships with financial service providers, evaluate banks performance and address quality issues.
-Monitor day-to-day treasury transactions, Cash position, Bank service fees and Interest.
-Maintaining and developing a system of policies and procedures that impose an adequate level of internal control over treasury activities.
Accountant Oct. 2004 - Oct. 2005
Al-Babtain Group
-Handling all accounts & financial statements for Real Estate Co. one of Al-Babtain
Group, for review & Approval of C.F.O and Thereafter Top Management.
-Banks Reconciliation.
-Account Payables
-contractors.
-Review Contracts and follow up payments with contractors..
Coordinated the full month end procedure, including preparation of balance sheets, income statements, and trial balance statements.
Preparing financial analysis and detailed reports, and monitoring budgets .
Review the contracts terms & conditions and prepare payments schedule.
Analyzes and schedules general ledger accounts in order to complete external audits
Bachelor of Commerce Accounting Section – 2003"Ain Shams University", Egypt