Head Of Treasury
شركة ذاخر للتطوير
Total des années d'expérience :9 years, 10 Mois
• Established Treasury Department framework and created an automated treasury system
• Monitoring and managing the company's bank relationships and liquidity management.
• Assist the management in identifying the company’s financial status by providing liquidity analysis, financial obligations and cashflow projection.
• Project Financing by approached and negotiated with Banks/Capitals to raise funding through Project Financing, Working Capital
• Restructuring existing loan (by 4.3 Bn) and negotiated with lenders to ensure new terms and pricing are approved by the management and board
• Prepared annual budget requirements related to the department and ensured department’s the required budget is approved and obtained.
• Forecast daily cash requirements and execute daily financing decisions.
• Ensure that sufficient funds are available to meet ongoing operational and project costs.
• Debt Monitoring by ensuring all outstanding loans are paid/rolled over on time as well as preparing all required documentation.
• Report to the CEO the actual Cash flow and forecast after approval from the CFO
• Handling Treasury operations Working on SAP system.
• property Insurance: monitored, issued, and negotiated all corporate insurance policies and ensured any potential risk is covered.
• Understand, manage, and supervise all aspects of cash flow.
• Solid knowledge for Off plan sale license requirement.
Reconcile the loans between bank statement and repayment schedule. Preparing the cash Report on daily basis and report it directly to CEO. Participating with CFO on loans drawdown. Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements. Control the cash movements and repayments. Follow up the loans repayment based on the repayment schedules. Prepare the Repayment schedule for the new loans. Handling the securitization from the opening to closing period. Open all kind of LCs, LGs, amend them and insure the accurate implementations. Establishing bank accounts and operating electronic services. Establish & Mange the POS and follow the work efficiency. Follow up the cash collect services. Good knowledge of using ORACLE system
Responsible for preparing the LC document and recording the invoices and payments and the payroll.
Master Degree in International Accounting and Finance 2011-2013 University of Windsor-Windsor, Canada