Cash Manager (Treasury)
The Zubair Corporation
Total des années d'expérience :18 years, 7 Mois
1. Reported to the Group Head of Treasury, with primary responsibility for managing Cash and Liquidity across 60+ Entities in Oman, Qatar, UAE, and Saudi Arabia. This role involves supporting cash requirements, building relationships with cash forecasters, and ensuring highly accurate forecasting.
2. Managed the 13-week Group Cash Forecast and Liquidity
3. Participated in Debt Restructuring, including the implementation of Conditions Prerequisite and Subsequence
4. Oversaw Group Debts, including reviewing Facility Offer Letters and Group Debt Reporting.
5. Managed Accounts Payable
6. Oversaw the Annual Finance Cost Budget.
7. Managed Bank Accounts, including account maintenance, compliance, and KYC.
8. Handled Bank Relationship Management, including the negotiation of Bank Charges and Contracts.
9. Managed Securities and Collateral, including real property, commercial mortgage, and pledge of shares.
10. Managed the collection of dividends from investment associates.
11. Oversaw Treasury Trackers and other databases.
12. Participated in the implementation of Treasury Transformation projects.
13. Managed a team of three individuals.
14. Participation in the implementation of Treasury Transformation projects
15. Managing a team of three people
1. Reporting to the Director of Treasury and Compliance and Owner of the Company, this role primarily oversees Treasury Operations, Bank Compliance, and Operational Risk Management for the Construction Business, Property, and Hotels across 20+ Entities in UAE and the Cayman Islands.
2. Managed Cash and Liquidity
3. Conducted Due Diligence of Vendors and Investors, including World Check and OFAC Screening
4. Handled End-to-End Management of Escrow Accounts and Construction Payments through the Trust Account System (TAS)
5. Oversaw Bank Relationship Management and negotiated Bank Charges
6. Reviewed Bank Contracts
7. Managed Treasury Trackers and other databases
8. Supervised a team of four individuals
Project Achievements
9. Established and Managed the Online Payment Gateway and other E-Commerce platforms
10. Implemented the Virtual Credit Card and Direct Debit System
11. Led the automation of Vendor Registration and Payable Process
12. Led the development and implementation of Group Treasury Policies, Procedures, and Process Maps
In close collaboration with banks and Senior Level Management, the position requires a full range of Group Corporate Treasury Functions including Corporate Finance, Derivatives/Hedging, Treasury Operations, Budgeting and Monitoring Company's Covenants and Performance.
The position serves a critical role in identification (origination and transaction screening), development (structuring, invoicing and credit processing), implementation (approvals and financial closing) and administration (receivable collection and management) for the overall goal of profit maximization. • Cultivate and maintain productive relationships with clients, banks, bilateral and multilateral institutions, government and sales managers. • Analyze the current company procedures and recommends strategic approach to increase work efficiency. • Ensuring high quality of supervision and accounting control are complied consistently and transparently in invoicing of corporate accounts. • Controls and reviews approvals of expenses in of Dubai Station. • Self-monitors achievement of results according to work plans • Maintain and share knowledge of emerging best practices in area of expertise. • Actively supports work improvement and/or organizational change by work and deed
The position serves a critical interface in branch banking and contributes to enhancing the relevance, responsiveness and quality of accounting operations. In close collaboration with two other sections, marketing and cashiering/services, provides the following areas of responsibilities • Takes the role of team leader of branch accounting section that provides oversight of financial and banking activities, ensuring good internal control and sound accounting practice are adhered. • Leads and provides necessary guidance to staffs to produce effective day-to-day banking operations. • Reviews and takes the lead in recommending changes to banking procedures to promote accuracy of banking transactions and increase efficiency. • Uses effective written and oral communication in preparing bank documents, presentations, interactions and drafting of letters/audit replies to such proposed standards. • Maintains high degree of problem solving skills on complex banking transactions to achieve higher quality results. • Consistently provides the appropriate level of business communication for internal and external clients to market bank products and services. • Proactively provides coaching and leadership skills in a professional manner thus taking the lead in contributing new and innovative approaches to operational issues
Cumlaude Award for Thesis