Senior Manager Treasury
Support Industries & Technologies (SITECH)
Total des années d'expérience :21 years, 8 Mois
Group Treasurer
• Banking Relationship & Cash Management of the Group - Conventional & Islamic Banking
• Cash flows Forecasting and monitor Group budget for monthly fund flows
• Supervise Trade operations i.e from LC / Shipping Guarantees establishment to final Clearing & Settlements
• Manage and maintain schedules for treasury mark data, trade finance data and investment data and records
• Manage insurance I.e Marine & Fire declarations and schedules
• Working Capital Management, Review Banking arrangements for Funding Process and to lower costs for Group Companies
• Manage Short Term Debt, Manage primary day to day contact for Group Treasury operations
• Liaise with CFO/Divisional Manager concerning a hedging strategy to minimize the interest rate and foreign currency exposures for subsidiaries.
• Liaise with the Legal, finance controlling teams to formulate Legal Documents
• Supervise Review and Development of Treasury Reports on daily basis
• Ensure smooth Payable monitoring & compliance with Internal Controls to follow company risk guidelines
• Responsible for maintaining accounting record for Treasury activity
1 - Financial Management via Accounting Function
2 - Established Finance and Accounts department
3 - Prepared Finance Manual
4 - Assist in Financial matters of Associated companies
5 - Corporate Finance function
6 - Company Secretary role
Responsibilities:
• Liaison with regulator and key stakeholders
• Liquidity and Cash Management of the bank across the network of 31 branches
• Prepare Fund Cash flows and monitor budget for monthly fund flows. Analyses of monthly and annual cash flow forecasts and cash flow planning to ensure Branches has cash available as and when it requires it with no unexpected shortages.
• Perform Investment Function by preparing Strategies and investing in Fixed Income and other opportunities for maximum return
• Assist other functional areas i.e. Operations, Risk Management, Deposit Mobilization, Cash Management Divisions, Banking Relationship & KMBL Provident Fund
• Prepare reports on Treasury performance by Indicators report and provide recommendations to senior management
• Ensure compliance with Internal Controls to follow company risk guidelines
• Manage Financial Risks, Cash Management Operational Strategies,
• Manages Liquidity Risk and Interest Rate risks and reports to Chief Risk Officer, CFO and CEO
• Responsible for maintaining accounting record for Treasury activity and Accounting
• Perform Credit Analysis & Review of Banks
• Review Banking arrangements for Funding Process and to lower costs
• Working Capital Management
• Support Audit Activity at year end and perform clerical activities in absence of staff.
• Responsible for Treasury Staff Training and Motivation
• Responsible for Cash Flows forecasting and ensure adequate Liquidity is available and anticipate Borrowing needs.
• Manage Short Term Debt
• Manage primary day to day contact for all treasury operations and banking and resolve issues, negotiate fees, negotiate processes, and ensure best results
• Support implementation of a treasury strategies and processes for managing the liquidity risk, interest rate risk and currency risk of Bank
• Develop concept for adequate flexibility for the company to obtain funding from different sources
Responsibilities:
• Managed Bank’s short term and long term funding needs
• Invested and Managed excess cash of the bank in different instruments and markets.
• Prepared weekly reports on Treasury performance and provide recommendations to senior management.
• Assisted and supervised the back office in managing payments and receipts & manage the Treasury System \[ONYX by APPXS\]
• Ensured compliance with Internal Controls to follow company risk guidelines.
• Supported my team members in all other functions as necessary
• Administered portfolio comprising of Debt and Government Securities and prepare weekly performance reports.
• Managed portfolio comprising of fixed income Islamic instruments like Sukuk bonds, Morabaha Placements, Islamic Debt instruments and arbitrage
• Prepared Investment proposals for senior management
• Prepared monthly fund managers’ report of the investments
Accomplishments:
• Diversified Experience
• Worked on all fronts in department
• Had an opportunity to run department single handedly during Management Transformation Phase
• “Double Promotion during annual review of year 2005‐06”
Responsibilities:
Front Office Experience:
• Trading Activity and Fund Management strategically in Money market
• Repo, Call / Clean and Outright Sale / Purchase transactions following company risk guidelines
• Performed Investment Function and recommended Investment proposals for senior management
• Administered portfolio comprising of Equities, Mutual Funds, Debt Securities and Government Securities
• Prepare weekly performance reports of the investments
• Monitor and Manage Bank Accounts by using ORACLE based system
• Filing and Administration of Taxation on Trading Activities
• Reporting to Regulatory Authorities on frequent basis
Middle / Back Office Experience:
• Help back office staff in settlement process of transactions.
• Assist staff to act as liaison among counter parties and legal staff
• Marketing of the institution
• Monitoring and Reporting of Funds along with Taxation records
Responsibilities:
• Sale and Purchase of Foreign Currencies in International Markets
• Marketing for institution
• Preparation of Analytical Reports for Trading Desk based upon Technical and Fundamental Analysis