Osama Hammoud CTP

• Managing payment processes in line with the company’s policies and procedures.
• Manage FX management transactions to minimize exchange rate loss.
• Manage preparation of Cash Flow Analysis and Cash Flow Forecast
• Track available balances in the company’s bank accounts to ensure sufficient cash availability to meet the company’s payment obligations.
• In cooperation with other Finance functions, prepare regular reports and presentations.
• Support the development of a documented system of Finance and Treasury policies and procedures.
• Support the development and implementation of Treasury, Payable and Credit internal controls and external audit requirements.
• Perform other related duties or assignments as directed.
• Manages daily activities of accounts payables accounting, treasury and credit.
• Designs the accuracy of AP and AR accounts to ensure compliance with VAT and accounting regulations.
• Manage the credit evaluation process for client to assure accurate evaluation and emphasis credit risk.
• Mitigate credit risk by proposing credit risk mitigation instruments and solutions.
• expenditure control is to ensure that resources are spent as intended, within authorized limits, and following sound financial management principles.
• Manages the Finance team in providing financial reports and other documents required by the banks.
• maintains forecast models for cash flow statement of company.
• Performs other job-related duties as assigned.

• Monitoring and managing the Group bank relationships and liquidity management.
• Managing foreign currency exposure and foreign currency payments
• Analysing various scenarios and risks and reporting to senior management
• Forecasting of medium and long- term funding and hedging requirements (if applicable)
• Daily, Monthly, yearly cash management
• Interest rate risk management and development of risk mitigation strategies
• Foreign exchange risk management and development of foreign exchange risk mitigation strategies
• Participate in Group Budgeting
• Preparing Cash flow Forecast for the short and long run
• Liaising with senior management across the organisation
• Supporting the month/year end process where necessary

Monitoring and managing the organisation's bank relationships and liquidity management
•Managing foreign currency exposure and foreign currency payments
•Analysing various scenarios and risks and reporting to senior management
•Forecasting of medium and long- term funding and hedging requirements (if applicable)
•Daily cash management
•Interest rate risk management and development of risk mitigation strategies
•Foreign exchange risk management and development of foreign exchange risk mitigation strategies
•Project cost control and Budgeting
•Preparing management and board reports
•Liaising with senior management across the organisation
•Supporting the month/year end process where necessary

• Rendered expertise to communicate reconcile, post invoices and cost, process payment for suppliers.
• Held accountable for directing treasury through Corporate Banking duties, approaching banks, negotiating with them, and determining the company facilities requirements from bank.
• Skillfully executed, operated and maintained the relations with banks and financial institutions.
• Imparted great contribution in managing the finance for operation by providing and supporting it by bank facilities through the progress of the operation and cover any funded or non-funded facilities requirement.
• Demonstrated outstanding expertise in directing and liaising debt financing and debt service payments with external agencies.
• Served as liaison with banks regarding the charges, interest and cash margin.
• Supervised daily operations of the finance department.
• Primarily tasked with managing the preparation of the official annual report of actual revenues, transfers, and expenses and preparing financial analysis for contracts negotiations and product investment decisions.
• Provided assistance to Project Departments in projects concerning the term of payments, pricing, overhead calculation, guarantees and any banks requirements.
• Resourcefully assisted Purchase Department to facilitate the purchasing process and involved with the negotiations with Suppliers in order to meet material requirements.
• Directed all aspects of Fixed Asset growth and passed recommendations concerning the size of yearly investment and recommended benchmarks for measuring the financial results.
• Judiciously provided monthly summary for the financial situation and financial ratios.
• Achieved efficiencies in minimizing cost of inventory and controlling the volume size of purchasing and increasing inventory turnover.
• Utilized proficiency in highlighting important matters and raising red alert with corrective action and recommendations related to net income, liquidity, fixed asset and capital structure.
• Facilitated meetings regularly with cost control department to discuss update and follow projects progress and evaluated performance and solved all project concerned matters.
• Accredited for updating the company financial software and leading the financial transfer from QuickBooks system to the new ERP AX 2012.
• Instrumental in planning, coordinating, and monitoring performance of financial operations including preparation of documentation.
• Established and maintained close relationships with bank executives, auditors & other Govt. departments ensuring compliance with all regulatory bodies.
• Initiated the system of financial analysis of the project with Capital budgeting techniques

• Employed strong skills in studying and analyzing the Qualitative and Quantitative data for corporate clients.
• Developed and modified the financial structure for the facilities requested from corporate department for clients and passed recommendation for facilities requested for clients from corporate department.
• Displayed proficiency in preparing credit reports to the head office in Bahrain.
• Built & nurtured corporate relationship base of the assigned Team/business portfolio.
• Accomplished spreading of company's financial statements and industry analysis of corporate/commercial customers and analyzed in a comprehensive write-up to assess the financial risks.
• Adroitly prepared credit proposals and short-term proposals, maintained accuracy in spreading & quality analysis.
• Actively turned around credit proposals and short term credit proposals within benchmarked time frames.
• Comprehensive and pivotal role that included follow up on documentation, submit the required documentation for approved clients to Credit Risk Management & Advances and follow up on sanction limit.
• Kept track of client's day-to-day transaction requests.
• Coordinated efforts for follow up on timely submission of reviews for renewal of facilities and raised questions for in-depth analysis of customer's requirements.
• Leveraged broad competencies in analyzing account position and highlighting strengths/weakness in account conduct and oversaw the execution of customers' transactions.
• Applied strong skills to address issues related to quality financial analysis.
• Initiated request and followed up on regular credit check on clients with other banks.
• Prospected and developed proper and efficient filing system by daily update to the file in order to allow easy reference.
• Adeptly followed up with other support departments for problem solving & liaised with Relationship Managers for decision-making.
• Competently performed any other duties or responsibilities consistent with the role as assigned by management.
• Accomplished responsibility for long term Financial Statement Forecasting, Scenario Modeling with impacts on Bank Covenants including preparing & maintaining high level business plans.
• Associated closely in managing Cash flow of prestigious projects and approvals/payments.
• Established Sales Performance Management Structure and Sales Penetration/Trend analysis