Group Treasurer
HSA Group
Total years of experience :22 years, 0 Months
Responsible for execution comprehensive transaction support across all facets of Treasury and Investment functions with a substantial cash flow turnover exceeding USD 4 billion yearly. I am accountable for managing financial risks encompassing FX risk, organizing external financing options for both immediate and extended periods, nurturing relationships with financial institutions and service providers, supervising daily liquidity and cash management, strategizing short and long-term investments, formulating, and implementing treasury guidelines and procedures, managing daily cash flow and international payments, and consistently providing guidance.
• Manage all aspects of treasury operations for 54 companies within the group, including cash flow forecasting, liquidity management, operation transactions, foreign exchange transactions, and risk mitigation.
• Develop and implement effective treasury policies and procedures to ensure compliance with local regulations and international best practices.
• Negotiate favorable terms with banks and other financial institutions for borrowing, investment, and trade finance needs.
• Oversee the daily cash management activities, including collections, disbursements, and bank reconciliations.
• Manage foreign currency exposure and implement hedging strategies to minimize foreign exchange risk.
• Prepare and present financial reports to senior management, providing insights and recommendations on treasury performance and market trends.
• Build and maintain strong relationships with internal stakeholders, external financial partners, and regulators.
• Prepare the outlines for the foundation of the treasury operation shared service.
• Build cash monitor instant tool for all companies.
Leading financial planning and treasury functions to drive the companys strategic vision and optimize financial strategies to ensure sustainable growth and profitability.
• Conduct financial analysis to assess company performance.
• Prepare reports and presentations for management and stakeholders.
• Identify areas for improvement and recommend action plans.
• Collaborate with various departments to develop annual budgets.
• Monitor and review budget performance on a regular basis.
• Provide financial forecasts based on market trends and company goals.
• Develop strategies to optimize cash flow and working capital.
• Monitor and forecast cash flow to ensure liquidity.
• Assist in the development of short-term and long-term financial goals.
• Analyze financial data to identify trends and opportunities.
• Develop financial models and scenarios to support strategic decision-making.
• Supervise and mentor finance team members.
• Collaborate with other departments to achieve financial objectives.
Providing the transaction support in all aspects of the Treasury and Investment functions with a cash flow turnover of EGP 10+ billion, supporting CFO in handling all banking and investment activities, managing overall financial risk, including FX risk, arranging external financing, both short and long term, managing relationships with banks and other services providers, overseeing day-to-day liquidity and cash management, investing for the short and long term, developing and implementing treasury policies and procedures, managing domestic and international payments, Ongoing assistance and advise to import and export teams in trade solutions and LCs financial and technical.
• Founded treasury function process and procedures.
• Expanded working capital banking facilities (10 times versus existing) through different reputable banks to absorb company short-term needs.
• Secure bank medium term loans (MTL) to cover company expansion plans.
• Secure financing leasing facilities to cover company capex needs from machines, trucks and passenger cars.
• Succeeded in reduction negotiations existing banking fees and commissions with more than 60% .
• Automated the sales cash collections into electronic channel system through the direct partnership with the leading provider of e-payments and digital finance solutions in Egypt.
• Developed financial planning model to forecast balance sheet and cash flow in order to estimate the financial performance and recognize the cash flow gaps.
• Succeed to mitigate FX shortage risk in Egypt starting 2022 through the preparation of unique financial solutions which support the business continuity and the market share growth.
• Oversee core aspects of the capital expenditure process and work closely with senior executives on identifying opportunities, assess the financial benefits and prepare the related financial feasibility studies.
• Developed financial planning model for capex projects to assess financial benefits, monitor related expenses versus plan and calculate depreciation.
• Automated all company staff payroll into banking system and assisted HR team to obtain special retail banking offers.
• Coordinate with the internal audit and business heads to identify, monitor and manage the financial and non-financial risks, and report the action and mitigation plans to the board of directors and the risk committee.
Analyzing financial statements and business cycle for corporate clients and spotting the working capital need to be financed, develop new revenue streams by actively identifying innovative global Trade and receivable finance solutions that meets specific needs, work closely with sales colleagues to promote awareness of Global Trade products, strategies and competitor information amongst the strategic business communities, maintain awareness of the applicable regulatory and business environment; understand audit, tax and legal implications and changes and guide customers on such issues, develop an appropriate strategic plan to efficiently and effectively achieve goals and objectives through consultative selling, design and implement workable, innovative solutions for customers individual needs plus generate and receive quality referrals, undertake professional presentations to customers in support of potential opportunities, maintain close liaison with intra country, intra region and cross regional stakeholders to provide input into the strategic direction of Sales, Product and Client Management functions.
• Evaluated as top performer.
• Generated a net income of $6 million yearly.
Responsible of managing all Retail Banking and Wealth Management related issues of sales, service, performance, compliance and training within one of the banks biggest 4 branches in terms of assets and liabilities, serving 20, 000+ customers,
• Successfully passed the Banks Group Audit.
• Rewarded the top Branch in selling Insurance products.
• Constructed a successful performance tracking module which was adapted by the whole bank branches.
Assisting Customer Service Manager in all daily responsibilities of sales, services and compliance related issues.
Addressing all customers needs, effectively handling any complaints, maximizing banking sales.
• Awarded best employee in HSBC Bank Egypt.
Loan / account processing clerk
Working Capital Management effect