Finance & Treasury Manager
Al Jabreen Contracting Co.
Total des années d'expérience :35 years, 2 Mois
• Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control.
• Preparing Annual Budget and forecasting trends.
• Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
• Developing and updating accounting, finance and management policies and procedures.
• Effective Cash Flow Management
• Monitoring budgets and comparing them with actual cost and revenues related to production, marketing and capital.
• Coordinating the preparation, maintenance and filing of projected P&L Account, Bills Discounting and Balance Sheet as required by bank authorities and other financial purposes.
• Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
• Getting control accounts reconciled and sorting out the discrepancies
• Liaison with business related organizations such as Banks, Etc. and preparing budget cum systemizing departmental work.
• Handling JV agreement with other consortiums in business.
• Remitting foreign currency for import advance & other expenses importing, exporting consultancy, advertising and project export.
• Negotiating with the banks for all facilities requirements.
• Using the bank facilities according to business requirements L/C’s, L/G’s, loans, OD and any other facilities lines.
• Processing of Purchase Bills of Raw Material, Asset & Passing Bills of expenses from various departments/ business units.
• Implementing training courses for new recruits.
• Good experiences with ERP SAP and Baan systems
Managing Treasury and Trade Finance department at Al Arrab Contracting Co .head office Riyadh KSA .
Managing, supervisor and control the Treasury departments in a high professional level and excellent experiences in the market informations such as SAMA Tariff, SAMA format, SIBOR, LIBOR, SWAP, plan V, Hedging foreign currencies, deposits, etc ...
Arranging and managing facilities with local and international banks for all projects about SR 8 billion such as L/C's, all Guarantees, LCR, PPF, bridge loans and revolving facilities etc...., Maintain excellent relationships and dealer with external parties like Banks, major suppliers and sub- contractors,
Managing, supervisor and control the group's financial departments, processing monthly payroll for 13 K employees.
Loans Arrangements between group's companies, Payments for all group companies as appropriate.
Preparing Monthly Cash flow report and follow up comparing with actual Reports, management in the preparation of Annual Business Plan.and Ratio analysis, Income statement Analysis and Comparative Analysis. Preparing financial statement reports and aging reports, clients / suppliers following up cash to cash cycle module of business and budget plan, cash flow forecasting on monthly basis and following up the achievements along with the variances analysis preparing monthly report to top management, cash management reports. preparing consortium statement and JV statement according to agreements and facilities analysis, Ratio analysis, Income analysis and Comparative analysis. With covenant letters if any.Following up all projects completion report based on time and cost.
Preparing final report to CFO & CEO.
preparing financial statement ( B/S, P/L and cash flow ) quarterly, yearly and finalizing it with Board auditors.
Finance Banks Operations Manager and I have strong knowledge of all the accounting routines like Bank accounts Facilities & Investments ( I have to deal with LC, s bills, guarantees, Islamic Loans, Murabaha Tawarroq, Therefore, I have to deal with banks dealing all the leading banks of kingdom so I got reasonable experience to deal with bank and matters of finance) Suppliers accounts, Customers accounts, Stores accounts, Salaries accounts, preparation of final accounts and preparation of variety of financial reports, cash flow reports & Budgeting and planning experience . (relevant exposure to group management accounting for large company ) Warehousing account maintenance reporting .Assist reporting and analysis Accurately maintain financial information, including general ledger .Reconcile Bank accounts, trade accounts receivable, Capable of preparing profit & Loss statements, Balance Sheets and other financial reports, budget, cash flow Report, Credit Analysis, Evaluation of credit / facilities proposals, Structuring of facilities, recommendation to higher authorities, Compute and Monitors each business unit’s “Working Capital Requirement” Evaluating profitability and Variance Reports and reporting to management on individual business performance Evaluate and budgets for all company projects and monitors the flow of expenditures for each businesses unit and company projects Provide leadership in the cost-effective use of the company’s financial resources .Evaluate & recommend appropriate credit facilities. of the customers, supplier & Banks .Dealing with Banks, Treasury Department on behalf of our company in the followingTreasury products; FX Spot, FX Forward, FX Option, Interest Rate cap and floor, Interest Rate Swap, Time options, Subsidized Convertible Forward, Structure deposit and a combination thereof ... etc
bank operation - letter of credit .Loans .guarantee and all other bank transaction .Co- ordination and Communication with Bankers . Supplier accounts. Customer accounts .inventory accounts. Analysis expenses & cost accounts & assist on Final Reports like balance sheet, profit and loss .... etc .
Following Projects Cost and expenses analyses, inventory report monthly, quantity and yearly .
Retail, High-Net Worth & Private Banking, Registered Financial Specialist™Master Financial Professional, Corporate Banking, Bank accounts, Loan accounts, Revenue accounts, Expense accounts
All Transaction for Banks ( training only ) Like , Letter Of Credit , Collections Loans , guarantee , ( IRS Rates , Forward Rates , Inter- Bank Lending Rates , hedging , Facilities, Investment & transferring
English Language Study
Bank Accounts , Investment Accounts , Costs Accounts , Store Accounts, Operations Research , Finance Department , Financial analysis , Purchasing Accounts, Sales Accounts, Auditors & Final Reports .