Head of Treasury & Banking
DSD Ferrometalco
Total des années d'expérience :20 years, 10 Mois
Responsibilities include :
- 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).
- Building and maintaining local banking relationships
- Prepare daily cash, bank position & Reviewing of all bank fees and commissions
- Review credit facilities with the banks
- Review and handling all the trade finance transactions LG’S & LC’S
- Recommend the appropriate investment strategy for any cash surplus
- Follow-up banking transactions/ reconciliations
- Prepare monthly analysis about the company running contracts:% of completion, . invoiced amount, collected amount & remaining
- Managing bank debt, monitoring covenants, terms, conditions & contractual requirements
- Managing the relation between banks negotiate & requirement of the new facility
- Ensures payments to international vendors are made in time to ensure prompt Shipment documents collection
- Making a summary for the commercial scopes for any new contract
- Follow accounting policies and procedures as established by the Finance dept.
- Validates international supplier contract, terms of payment and shipping documents
Responsibilities:
- Review all banking transactions & adjusting entries
- Responsible for all bank correspondents
- Preparing & updating the customer analysis
- Making and Handling the daily petty cash
- Preparing the invoices to the clients according to it’s due date
- Analyzing and controlling the collections according to contracts
- Handling and preparing all the treasury transaction of the foreign mother company
- Preparation of Monthly Accounts reports
- Adapting the payables and issuing the payments monthly
Responsibilities include:
- Responsible for Letters of credit (L/C) & IDC’s: preparation, review-documents for discrepancy; follow up with payments and/or collections.
- Ensures company is getting best exchange rate
- Review all banking transactions & adjusting entries
- Issue the checks according to its due date & transfers.
- Ensure that required debt payments are made on a timely basis.
- Sorting out outstanding amounts in bank statements in a timely manner
- Review all banking transactions & adjusting entries and insure the-completeness of documentation
Title: Senior Payable & payment control accountant
Responsibilities in the A/P section include :
1.Adapting and handling suppliers & subcontractors account & ledgers .
2.Receiving and adapting invoices with P.O and auditing taxes .
3.Posting invoices payment on the system Oracle .
4.Follow up the full cycle of A/P.
5.Preparing the bank position daily & the reports weekly for different currencies .
6.Issue the checks & transfers .
7.Making all monthly Adjusting entries related to previous Accounts
8.prepare Monthly Closing Reports for A/P
Title: Receivable accountant
Responsibilities in the A/R section include :
1.Preparing L/C, L/G's ( Adv. payment, Performance & Warranty ) .
2.Issued te invoices to the clients according to the contract terms.
3.Handling the collection for each client .
4.Preparing monthly aging reports.
5.Preparing the cash flow reports.
6.Prepare the customer analysis.
7.Prepare Monthly Closing Reports for A/R.
8.Posting invoices, D/N, C/N & Adv./P on the system Oracle
1.Adapting the account with customers ( debit & credit ) collection and payments .
2.Calculating consignee, interest, demurrage and currency exchange rate .
3.Responsible for the preparation of trail balance and the import customer's ledgers .
4.Involved in the preparation of 2004 Balance Sheet
1.Corresponding with importers in different countries .
2.Preparation of the export documents
Enrolled in the CMA program and Currently preparing for Part one exam (Financial Planning, Performance & Control)