محمد شاكر

• Manage, oversee, and monitor daily operations and cash management related to the group treasury function and operation including (but not limited to) cash pooling, financing, rollover/recycling, foreign currency risk identification, and/or mitigation
• Optimize cash management and take the necessary actions to ensure liquidity through internal and external resources
• Develop, manage, recommend, and anticipate treasury and banking products requirements in terms of short/ long term and projects financing (Service, Contracting, Trading, Real Estate Development)
• Identify the source of funds, negotiate and close deals with the most appropriate source
• Develop and implement short/long-term cash flow forecast: Weekly, Monthly, and 12-Months Rolling Cash Flow and/or Project Life
• Handel, develop, and manage, all communications with the banks and create effective relationships with banks and financial institutions
• Suggest any adjustments or amendments related to the followed treasury/ banking procedures and regulations that would enhance work efficiency
• Identify cost-saving opportunities from Treasury & Banking perspective.
• Implement internal control systems to ensure accuracy and adequacy of treasury/ banking records and documentation, including appropriate procedures, manuals, and standard practice instructions, and avoid overreliance on bank funding
• Ensure that instructions, circulars, and organizational/technical decisions are followed and applied.
• Prepare periodic reports with respect to the Group Treasury function's activities and achievements to be submitted to the direct supervisor
• Legal Documentation Coordination/Filing/Reporting
• Internal Control and Audit for Treasury

• Manage, oversee, and monitor daily operations and cash management related to the group treasury function and operation including (but not limited to) cash pooling, financing, rollover/recycling, foreign currency risk identification, and/or mitigation
• Optimize cash management and take the necessary actions to ensure liquidity through internal and external resources
• Develop, manage, recommend, and anticipate treasury and banking products requirements in terms of short/ long term and projects financing (Service, Contracting, Trading, Real Estate Development)
• Identify the source of funds, negotiate and close deals with the most appropriate source
• Develop and implement short/long-term cash flow forecast: Weekly, Monthly, and 12-Months Rolling Cash Flow and/or Project Life
• Handel, develop, and manage, all communications with the banks and create effective relationships with banks and financial institutions
• Suggest any adjustments or amendments related to the followed treasury/ banking procedures and regulations that would enhance work efficiency
• Identify cost-saving opportunities from Treasury & Banking perspective.
• Implement internal control systems to ensure accuracy and adequacy of treasury/ banking records and documentation, including appropriate procedures, manuals, and standard practice instructions, and avoid overreliance on bank funding
• Ensure that instructions, circulars, and organizational/technical decisions are followed and applied.
• Prepare periodic reports with respect to the Group Treasury function's activities and achievements to be submitted to the direct supervisor
• Legal Documentation Coordination/Filing/Reporting
• Internal Control and Audit for Treasury

• Daily Cash-Management, optimization and supervise all aspects of cash flow
• Forecast daily and weekly cash position and execute daily financing decisions
• Determine the Company’s goals and risk tolerance
• Meet with cash management banks to plan cash management vs. Company’s needs
• Prepare or monitor the company’s various cash flow forecasts and perform financial modeling
• Evaluate, develop and implement cash management systems to optimize efficiencies
• Manage, direct, and develop Cash Management staff
• Manage relationships with financial service providers like banks and others
• Elicit and analyze proposals for banking facilities and financing services
• Monitor bank service fees, address quality issues and regularization request
• Provide everyday cash position, estimate and analysis
• Understand and manage appropriate accounting procedures and processes.
• Streamlined the integration of Treasury and Accounting activity with the general ledger
• Manage Credit Lines, Letters of Credit, and Guarantees
• Corporate and project cash flow forecasts (Long/Short Term) and forex position
• Provide technical and other support for projects as needed
• Legal Documentation Coordination and Reporting
• Recommend, implement and maintain process improvements
• Internal Control and Audit for Treasury
• SAP ERP Implementation main user and focal point for Treasury Department

• Issuing, following up, and monitoring Letter of Credit
• Issuing, following up, and monitoring Letter of Credits Refinance
• Issuing, following up, and monitoring Letter of Guarantees
• Following up with the banks trade operation team for submitted application
• Bank Booking Entries and Reconciliation through Microsoft Dynamics
• Internal Control, Procedures, and Audit for Treasury
• Reporting to Auditors related LC /BG related reports with Approval of Concerned Authorities

Daily Cash-Management through Treasury Work-Station “Diapason”:

- Cash-management/Reconciliation and Cash Optimization (Cash Pooling / Funding)

- Bank Fees checking and regularization request with banks

- Account Receivable Management

- Money Fraud Correspondent

- Third Party/Vendor Payment Campaign Supervision:

i) Approval reports running and diffusion

ii) Working Capital Management

iii) Checking of Suppliers Details, Invoices, Due dates, and Timetable

Bank Booking:

- Preparation of the set of reports for Bank booking

- Project Bank Balances Reconciliation Diapason/Bank Accounting (Excel, then ERP System “JEEVAN-IFS”)

Corporate Reporting:

- Cash and Debt Reports (Hyperion Planning GTR) and Actual follow-up

- Cash Flow Forecasts and Forex position:

1) Consolidation/Coordination with the Region(s)

2) Project Bank balances follow-up

3) Issued guarantees management (Trading and Back-Office/ Reporting)

4) Legal Documentation Coordination/filing/Reporting Internal Control for Treasury and Issued Guarantee matters