Treasury Manager & Trade Finance
Cristal - Tasnee Industrialization
Total years of experience :26 years, 6 Months
Passed the ACI EXAMINATION: An International License given by the British Institute at the Saudi Arabian Monetary Authority (SAMA).
I was responsible for managing cash flows, forecast daily cash requirements, monitor and plan efficient cash utilization, plan finances in line with the business strategy, and carry out risk management activities while managing interest rate and FX hedging requirements. I was involved in managing long term and short term investment strategies by covering the investing and lending to subsidiaries and minimizing external borrowing requirement and provide tactical and strategic direction of the Treasury function. My close co-ordination with businesses resulted in controlling cash rollovers, funding structures and optimizing commercial cash flows, interest expense, and working capital requirements. My sound technical knowledge enabled me to review and recommend changes to investment policies and direct treasury to implement certain process improvements.
I was responsible in understanding and recommending the approval documentation process including main clauses, review Bank Loans Agreement and Covenants. Forecast daily cash requirements, monitor and plan efficient cash utilization, ensuring compliance in line with the business strategy.
My focus was on how Treasury manages risk. Example include: Financial covenants, hedge targets and ratios, counterparty limits, financial headroom, risk bearing capacity, earnings-at-risk (Ear) or cashflow-at-risk or rate sensitivity.
My role as a Treasury Manager involved maintaining cash flow management, relationships with the banks and negotiating for finances, monitoring account usage and notifying discrepancies, reviewing cash requirements thus ensuring adequate liquidity and strategizing investments by channelizing surplus cash resulting in maximizing company’s revenue. Implementing treasury policies aligning them to the company’s set goals, and supervising all functions of treasury and ensuring strict adherence to company policies.
• Manage Corporate Finance activities including capital structure and debt management strategies.
1. Monitors Cash flow drivers, contingent liabilities and other risky source of income through credit controls and its protections via global credit insurance companies
2. A Treasurer must add value as a consulting partner to other business units.
• Managed the Export/Import Finance Trade activities using letters of Credit by managing the risks associated with doing business locally and internationally.
• Ensure the processing of trade finance transactions are based on the International Standard Banking Practice and implementing UCP600 to make sure Executions are robust to reduce the risk of having negative cash flow and delinquencies to ensure revenue translates itself into real cash.
• Develop and maintain the company’s Treasury and Trade Finance Policies and Procedures.
• Manage relationship with the manufacturer (Toyota Motor Corporation)
• Managed Treasury Interest rate Exposure and Interest rate Options.
• Financial analysis and review for all operating decisions to ensure coherence with long and short-term goals.
• Profit Margins protections in forecasting Foreign Exchange exposures for the vehicle sales group.
• Window person for managing relationship with the Banks.
• Managed the Foreign Exchange Exposures to protect the budget rate against brutal movements using derivatives to reduce undesirable movement.
• Enhance Sales planning through the use of econometrics, Sales promotions and Tactical marketing ideas.
Pricing Manager in Marketing Division at Abdullatif Jameel Imports and Distribution Co. Ltd
July 2002 - 2006
• Prepare annual sales projections and marketing strategy. And determines pricing schemes for company's products and services. Lead and direct pricing strategy formulation as well as ensure to take pricing actions to enhance profitability. Continuously monitor and report on its achievements on a weekly basis.
• Prepare weekly sales and marketing reports for submission to the Director of Marketing.
• Oversee all customer inquiries and requests are appropriately responded to in a timely manner.
• Oversee product research and development according to market trends and customer demand
• Lead on customer satisfaction surveys and report to management to inform on implications/future sales strategies
• Coordinate feasibility studies on proposed products.
• Advise the Corporate and Private banking customers with their FX and Interest Rate exposures to protect their budget rate and optimize their results through a foreign exchange exposure management techniques through trading asset derivatives and all forms of contingent claims.
• Collaborate with other Department to cross-sell Treasury Products.
• Manageg a growing portfolio of treasury management clients.
• Understand the client's business needs, strategies, and industry to provide the solution for their situation.
• Identify potential new business opportunities and provide the appropriate solutions.
• Promote sales through frequent client visits to make sure customers know about the new products.
• Support the bank's strong relationship banking culture through on-going customer contact, written call reports, quality customer service and superior product knowledge.
• Responsible for the timely buying and selling of foreign Exchange currencies and placing Deposit.
• Review orders to ensure accuracy, proper record keeping, and conformance to regulations
• Evaluate risk as it relates to liquidity, inflation, and devaluation
• Ensure to provide all Foreign Exchange needs to all NCB branches.
ACI- The Financial Markets Association, Registered in England & Wales, Company No. 3051756 I am a holder with a Transcript of the ACI Diploma This is an international licence for Foreign Exchange & Money Market interbank dealing. My ACI code number can be provided to you with transcript upon request.
Foreign exchange seminar with Heads of Central Bankers. One week.
Treasury in - house training for six months. The only non-staff foreigner to enter and be trained by a swiss secrecy high value dealing room.
A personal Technical Analysis course, Elliot Wave principle and Barrier recognition method with high value Swiss technician for two weeks in dealing room.
Foreign Exchange Derivatives
Treasury Workshop: FX & MM
Fundamental Concepts of Investments
Pepperdine University is ranked #46 in National Universities in USA I have a Bachelor’s Degree, Business Administration and Management, 1988 – 1992
High School Diploma