Head of Treasury
The Group Securities
مجموع سنوات الخبرة :21 years, 10 أشهر
* Established the Treasury and Settlements department concern over all aspects of financial management, safeguard the organization’s finances also to ensure that sufficient funds are available to meet ongoing operational requirements for new products launched in Qatar Stock Exchange.
* Strategize cash flow management in a manner that reflect positively on liquidity positions and reduction in cost of capital.
* Establishing policies to manage risks surrounding the company's bank deposits by analysing a bank's financial statements regularly.
* Developing a payment system to facilitate the transferring funds between the company's bank accounts.
* Establishing a system for banks to put up bids for the company's deposits.
* Playing a vital role in building alliances with banks and financial institutions offering co-branded products and services that contributed remarkable to the sales at lower cost.
* Member of the products development committee headed by the chairman. that concernes in developing the new financial market products such as: ETF, margin trading, liquidity provider, and Short selling, and send suggestions to the concerned authorities (Qatar Central Bank, Qatar financial markets authority, and Qatar Exchange).
* Member of the financial committee headed by the chairman, charged with developing policies and procedures to align with the overall strategy of the company.
* SAP ERP & HRMS project manager responsible for development, implementation, integration and successful delivery of project .
* Monitoring of net liquidity capital of the company and ensuring its compliance with the rules of the regulatory authorities as well as the company's policies.
* Eliminating the FX risk by implementing the coverage for back-to-back FX positions.
* Cash management: Monitoring and interpreting cash flows to ensure that sufficient funds are available to meet ongoing operational requirements; borrowing in case of shortage at best prices; and investing the excess as deposits with best rates.
* Improved business performance by optimizing banks overdrafts and investments companies margin limits.
* Adroit in writing policies & procedures in compliance with management requirements, regulatory guidelines.
* Ensure timely and complete adherence to all taxation legislation & regulations as they relate to the company.
* Preparing financial forecast and annual budget of the organization, annual budget variance, and three year business plan in consultation with the CEO and relevant departments.
* Cost allocation: Analysing and tracing the expenses, and distributing them to the revenue centers to find out the profitability of these centers.
* Audit: Facilitate and co-ordinate both internal and external audits (administrative & financial). Lead the development of action plans based on audit recommendations and monitor progress on achievements.
Eliminating the FX risk by implementing the coverage for back-to-back FX positions.
Cash management: Monitoring and interpreting cash flows to ensure that sufficient funds are available to meet ongoing operational requirements; borrowing in case of shortage at best prices; and investing the excess as deposits with best rates.
Improved business performance by optimizing banks overdrafts and investments companies margin limits.
Adroit in writing policies & procedures in compliance with management requirements, regulatory guidelines.
Ensure timely and complete adherence to all taxation legislation & regulations as they relate to the company.
Preparing financial forecast and annual budget of the organization, annual budget variance, and three year business plan in consultation with the CEO and relevant departments.
Cost allocation: Analysing and tracing the expenses, and distributing them to the revenue centers to find out the profitability of these centers.
Audit: Facilitate and co-ordinate both internal and external audits (administrative & financial). Lead the development of action plans based on audit recommendations and monitor progress on achievements.
*Played key role in writing policies and procedures to guide the audit staff in various audit activities.
Acting as a main point of contact between operations department and front office and promptly responding to their enquiries.
Successfully managing cash management operations in compliance with banking regulations and bank policies/procedures, including monitoring day-to-day transactions; also maintaining balance between the minimum and maximum cash in the brank’s vault.