Hatem AlBayti, Treasurer

Hatem AlBayti

Treasurer

Sandsoft

Lieu
Arabie Saoudite - Jeddah
Éducation
Master, MBA in Finance & Accounting
Expérience
10 years, 8 Mois

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Expériences professionnelles

Total des années d'expérience :10 years, 8 Mois

Treasurer à Sandsoft
  • Arabie Saoudite - Riyad
  • janvier 2024 à avril 2024

- Monitor daily cash positions and forecast cash flow requirements.
- Execute cash management activities including pooling, concentration, and fund transfers.
- Prepare and review cash flow reports for operational liquidity.
- Identify opportunities to optimize cash processes for efficiency.
- Manage bank relationships and coordinate banking activities.
- Implement and maintain treasury systems and technology.
- Oversee financial transactions and reconcile bank statements promptly.
- Identify and assess financial risks, including interest rate and foreign exchange.
- Implement risk mitigation strategies and monitor key risk indicators.
- Ensure compliance with treasury policies and procedures.
- Conduct financial analysis to support decision-making.
- Prepare reports, presentations, and forecasts for management.
- Evaluate investment opportunities and assist in implementing strategies.
- Ensure compliance with regulatory requirements and internal controls.
- Prepare regulatory reports and support internal/external audits.
- Maintain accurate records of treasury transactions.

Treasury Lead à Sajoom Sustainability Holding
  • Arabie Saoudite - Jeddah
  • janvier 2022 à décembre 2023

Overseeing a group of 12 companies in the social investment industry, and involve various financial and strategic responsibilities:

Cash Management: Effectively manage and optimize the group's cash resources, ensuring liquidity needs are met while minimizing idle cash.

Risk Management: Identify and mitigate financial risks, including interest rate and foreign exchange risks, to safeguard the group's financial stability.

Investment Strategies: Develop and execute investment strategies to maximize returns on surplus funds while aligning with the ethical and social goals of the social investment industry.

Financing: Secure appropriate financing for the group's operations, considering debt and equity options, and negotiating favorable terms.

Financial Planning: Collaborate with other departments to create comprehensive financial plans, budgets, and forecasts for the group.

Compliance: Ensure compliance with financial regulations, accounting standards, and internal policies, particularly in the context of the social investment industry's unique regulatory landscape.

Treasury Systems: Implement and manage treasury systems to streamline processes, enhance efficiency, and provide accurate financial information.

Communication: Regularly communicate with senior management and stakeholders to provide updates on treasury activities, financial performance, and any emerging financial risks.

Intercompany Transactions: Oversee intercompany transactions within the group to maintain transparency and compliance with transfer pricing regulations.

Social Impact Measurement: Collaborate with other departments to integrate social impact metrics into financial reporting, demonstrating the group's commitment to its social investment objectives.

Branches - Treasury Officer à eXtra (United Electronics Co.)
  • Arabie Saoudite - Jeddah
  • janvier 2019 à décembre 2021

Performed effective financial controls in contributions to several western branches financial operations in the business and helped to maintain trust with customers, suppliers, and regulatory authorities.

Cash Handling: Implementing strict protocols for the handling, counting, and secure storage of cash to prevent errors or theft.

Transaction Audits: Regularly auditing sales transactions and financial records to identify discrepancies, errors, or potential fraudulent activities.

Inventory Management: Monitoring and controlling the inventory of electronic products, ensuring accurate records of stock levels, and conducting periodic audits to prevent loss or theft.

Expense Management: Managing and controlling expenses related to operating the store, including overhead costs, utilities, and other operational expenditures.

Compliance: Ensuring adherence to financial regulations, tax requirements, and internal policies to avoid legal issues and financial penalties.

Financial Reporting: Generating accurate and timely financial reports, including sales reports, profit and loss statements, and other key performance indicators to facilitate informed decision-making.

Security Measures: Implementing security measures, such as surveillance systems and access controls, to safeguard against theft or unauthorized access to financial assets.

Training and Oversight: Providing training to staff on financial procedures and conducting regular oversight to ensure that financial controls are consistently followed.

Sales Services, Operations & CRM à eXtra (United Electronics Co.)
  • Arabie Saoudite - Jeddah
  • septembre 2013 à décembre 2018

Experienced each of these functions and played a crucial role in delivering a seamless and satisfying experience for customers in the electronics retail sector.

Sales: Focuses on selling electronic products, managing product knowledge, handling transactions for items such as smartphones, laptops, and other gadgets.

Services: Includes technical support, warranty services, and any additional services like product installations or troubleshooting specific to electronic devices.

Operations: Involves managing inventory for a wide range of electronic products, ensuring efficient supply chain logistics, and maintaining the functionality of electronic displays or demo units in the store.

Customer Relationship Management (CRM): Utilizes CRM systems to understand customer preferences, manage warranty information, and provide personalized recommendations for electronic products based on customer history and preferences

Éducation

Master, MBA in Finance & Accounting
  • à International Business Academy of Switzerland
  • juin 2024

Online

Baccalauréat, Accounting
  • à College Of Technology - Saudi Arabia
  • mai 2021
Diplôme, Accounting
  • à College Of Technology - Saudi Arabia
  • mai 2018

Specialties & Skills

Strategic Planning
Business Acumen
Information Flow
Commercials
Financial Management
Back Office
Leadership
Problem Solving
Communication Skills
Time Management
Payment Technology
Financial Risk Management
Banking Relationship Management
Operational Risk Management
Vendor Relationship Management
Accounting Principles
Cost of Capital Management
Treasury Controls
Cash Management
Corporate Finance Management
Corporate Treasury Operations
Treasury Policies
International Cash Management
Investment Management
Liquidity Management
Payment Clearing Systems
Working Capital Management

Langues

Arabe
Langue Maternelle
Anglais
Expert

Adhésions

IMA® (Institute of Management Accountants)
  • Student
  • September 2020
SOCPA (Saudi Organization of Certified Public Accountants)
  • Permanent Associate
  • May 2021
AFP (Association for Financial Professionals)
  • Member
  • April 2022

Formation et Diplômes

Certified Treasury Professional (CTP) (Certificat)
Date de la formation:
July 2023