Fixed Income Portfolio Manager
Alpha Capital Holding
Total years of experience :26 years, 2 Months
1. Manage Fixed Income Portfolio
2. Forecast Interest Trends based on Inflation / USD Prices.
3. Client's Loan Facilities Hedge.
4. Manage Corporate Affairs and Regulatory Compliance.
5. Manage Cash Flow of Client's Portfolio;
6. Searching for The Best Interest Rate to Maximize Client's Yield.
7. Purchase / Sale of Bills / Bonds within Primary / Secondary Markets.
8. Enter Ministry of Finance's Auctions.
The major responsibilities include:
1. Manage trading portfolio and available for sale securities.
2. Financial assessment of new investment opportunities through financial modules and tools (NPV, IRR, WACC, ROI, ROE, Discount Rate, Payback period).
3. Manage profit rate swap (PRS) agreement & loan facilities hedge.
4. Planning, implementing and controlling all financial activities.
5. Manage corporate affairs and regulatory compliance.
6. Provide strategic direction.
7. Manage cash flow, treasury and bank relation.
8. Ensure compliance.
9. Prepare financial results, reports and analysis as per deadline.
10. Ensure operation efficiency.
11. Prepare Budget & Forecast.
12. Manage different projects budgets.
13. Coach and Develop finance staff.
Field of Experience:
• Monthly & periodical financial reports GAAP & IFRS (Consolidated & Standalone).
• Overall supervision of finance department and liaison with other departments in order to ensure implementation of policies and internal control procedures.
• Banking operations. (Include investment, borrowings, remittances, collections, imports & all corporate banking matters).
• Dealing with zakat & taxation matters (from filing of return until final assessment).
• Handling of insurance related matters.
• Treasury & payables, receivables, costing, management accounts and statutory accounts & internal audit functions.
• Budgeting and business modelling.
• Evaluation and analysis of short & long-term business plans.
• Distinguish opportunities for continuous improvement and ensure proper implementation of the established corporate financial strategy.
• Ensure implementation of internal control systems, financial policies & procedures and budgetary controls.
• External audit relations.
• Forecasted P & L for investment opportunity.
• Financial module development
• Variance analysis report between actual results vs. budget on monthly basis.
• Recommendation to increase profitability through decrease expenses.
Achievement:
1- Initiate loan facilities hedge and PRS.
2- Initiate budget and projected cash flow.
The major responsibilities include:
1. Planning, implementing and controlling all financial activities.
2. Manage corporate affairs and regulatory compliance.
3. Provide strategic direction.
4. Manage cash flow, treasury and bank relation.
5. Ensure compliance.
6. Prepare financial results, reports and analysis as per deadline.
7. Ensure operation efficiency.
8. Merge and acquisition deal.
9. Prepare Budget & Forecast.
10. Manage different projects budgets.
11. Coach and Develop finance staff.
12. Fixed Assets (Capex) & Inventory Management.
13. Payroll & Wages Protection System (WPS) supervision.
14. KPI, Performance Management Process (PMP), Balanced Scorecard (BSC) and Risk Profile.
Field of Experience:
• Monthly & periodical financial reports GAAP & IFRS (Consolidated & Standalone).
• Review product margins and pricing decision.
• Overall supervision of finance department and liaison with other departments in order to ensure implementation of policies and internal control procedures.
• Coordination with other business managers, auditors, tax/legal consultants, banks, Insurance companies, Leasing companies, Govt. institutions, customers, suppliers & contractors.
• Banking operations. (Include investment, borrowings, remittances, collections, imports and all corporate banking matters).
• Dealing with zakat & taxation matters (from filing of return until final assessment).
• Handling of insurance related matters.
• Treasury & payables, receivables, costing, management accounts and statutory accounts & internal audit functions.
• Budgeting and business modelling.
• Evaluation and analysis of short & long-term business plans.
• Distinguish opportunities for continuous improvement and ensure proper implementation of the established corporate financial strategy, financial policies and procedures.
• Ensure implementation of internal control systems including budgetary controls.
• Conduct internal audit and submission of reports to internal audit committee & board of directors.
• External audit relations.
• Forecasted P & L for investment opportunity.
• Financial module development
• Variance analysis report between actual results vs. budget on monthly basis.
• Recommendation to increase profitability through increase revenues (volume & price) or decrease expenses.
• Implementation of ERP- ORACLE Fusion.
Achievement:
1- Initiate real estate investment (lands, buildings and flats).
2- Initiate bank relations (Online transfer, WPS and HRDF).
3- Initiate cash flow management.
4- Create new department under my supervision like financial controller, treasury and financial analysis.
5- Provide the group with bank facilities to cover shortfall at cash due to real estate investment.
6- Consolidate subsidiaries with minor interest under umbrella of WAAD to maximize revenue on group level.
7- Startup ERP- ORACLE Fusion 7 as cloud ERP.
The major responsibilities include:
1. Prepare consolidated financial statements on monthly basis for AL Muhaidib Group.
2. Prepare consolidated annual budget and forecast results and reporting the variances.
3. Manage cash flow, treasury management, and contact with banks regarding loans & overdraft.
4. Prepare corporate Credit Analysis & Financial Analysis for the subsidiaries & associates.
5. Coordinate with Internal & External Auditors regarding the audit requirements & work field.
6. Coordinate with banks regarding facilities, LCs and LGs.
7. Handle the accountability for Marketable Securities, Associates, private Equity Investment (daily evaluation, dividends and our earning in net equity).
8. Handle the accountability for Real Estate transactions (land purchase, construction, rents invoice, and rents collections).
9. Handle the accountability for Iraq investment portfolio (land purchase, new company start up).
10. Prepare Management Letter to the owners regarding any violation of the internal controls.
11. Evaluate the internal control systems and reporting any weakness in order to implement new internal controls.
12. Reporting financial statements for local and multinational purposes (for consolidation purposes such as IFRS).
13. Prepare internal procedures of cash payments & transfer to be adherence to the internal authority schedule.
14. Implement the needful accounting procedures and policies as I had changed the accountability of Real Estate sector from cash basis to accrual basis to be adherence to GAAP.
15. Prepare the Balance sheet and Profit & loss statements of subsidiary until we hire the suitable finance manager.
16. Prepare the annual zakat returns and withholding tax along with all the footnotes and supporting attachments.
17. Prepare due diligence report for prospected investment wise (Mega Meed Co.-Egypt, Mokhtabr Co. -Egypt and Maha Co. for General Trading).
Achievement:
1- Initiate due diligence & evaluation of new investment opportunities.
2- Initiate financial controls.
3- Consolidate subsidiaries of 26 companies.
4- Startup Accpac ERP.
The major responsibilities include:
1. Review and audit the financial statements.
2. Test of controls.
3. Evaluate financial statements.
4. Prepare Management Letter.
5. Report financial statements for local purpose.
Also assigned in many special assignments such as:
• Prepare internal procedures.
• Prepare accounting procedures and policies.
• Prepare financial statements.
• Prepare zakat returns.
• Physical count of all stores of SAUDI BIN LADIN GROUP (Branch: Public Building & Airports and Operation & Maintenance)
Jobs assigned:
Manufacturing Field
• Adhesive Manufacturing CO - Jeddah.
• Rafid Steel Industries Factory - Riyadh.
• Compusoft CO.ltd - Riyadh.
• Eastern Steel Mfg.CO - Dammam.
Commercial Field
• Salem Agencies and Services CO - Jeddah.
• Alkhodari & Al-rabiah CO - Dammam.
Service Field
• National Education Schools - Alkhobar.
Charitable Field
• World Assembly of Muslim Youth (W.A.M.Y) - Eastern Province.
The major responsibilities include:
1. Review and audit the financial statements.
2. Test of controls.
3. Evaluate financial statements.
4. Prepare Management Letter.
5. Understand & Evaluate internal control systems.
6. Financial statements reporting for local purpose and to multinational companies (for consolidation purposes).
Also assigned in many special assignments such as:
• Prepare internal procedures.
• Prepare accounting policies and procedures.
• Prepare the financial statements.
• Prepare the taxation returns.
Jobs assigned:
Manufacturing Field
• Egyptian Cables & Electricity.
• B.I.C.C. Egypt.
• Soccite Almintere.
• York.
• Egyptian Electricity Company.
• El-tholathea Group.
• Daewoo Motors Egypt.
Commercial Field
• Middle East Chemicals CO. (MEC)