Senior accountant in Treasure Dept.
DSD-Ferrometalco
Total years of experience :16 years, 0 Months
- Liaise between top management and Banks.
- Leading the treasury section/team.
- Communicate and Coordinate with the banks for daily operations.
- Performing all Treasury operations :( Investment in treasury bills, Time deposits, Buying & Selling foreign currency, Hedging FX deals… etc).
- Prepare daily cash & bank position.
- Perform weekly physical verification of company cash on hand.
- Recommend the appropriate investment strategy for any cash surplus.
- Prepare monthly analysis about the company running contracts: % of completion, invoiced amount, collected amount & remaining.
- Review all banking transactions & adjusting entries and insure the completeness of documentation and the recording on the ERP system.
- Insure that the company's cash flow is adequate & Create solutions for the company to finance new projects.
- Responsible for the company Corporate Leasing Contracts and following up with every month installment.
- Bank Reconciliation.
- Responsible for L/C's & L/G's by all types & conditions (Bid Bond, advance payment, performance, warranty, drawback...etc).
- Revising yearly bank contracts.
- Issuing LGs & LCs.
- Making daily bank transfers &time deposits.
- Identify the company bank position in EGP & foreign currencies.
- Making monthly bank reconciliation.
- Recording related journal entries (A/R, A/P and G/L).
- Liaison between bank &management.
-Control the interest with the bank (credit, debit &charges).
- Analyze &prepare foreign exchange transaction
-Maintain relations with all relationship banks and assure applying the market best rate in terms of cash investment and banking tariffs.
- Controlling material delivered from supplier.
- Recording stores' vouchers " Incoming, Outgoing, Return, transfer…etc" in the
Inventory system and Posting to general ledger.
- Adjusting transitory account related to store suppliers invoices &stores.
- Prepare monthly Report for Pending Incoming Vouchers.
- Making "Quarterly inventory physical inspection" for unbalanced stores' items through
"Checking /comparing it with GL reports.
- Invoice reviewing & verification with company Policies & procedures (3 way matches).
- Post invoices and payments on the system.
- Issuing Checks & Transfers.
- Handling local & foreign suppliers accounts in addition to subcontractors accounts.
- Handling Employee advances, loans, settlements & deductions.
- Booking all costs, expenses and accrued expenses per month.
- Making monthly analysis for prepaid expenses & its amortization.
Attended certified treasury professional at the American chamber in cairo