Treasury Manager
Emaar Misr for Development
مجموع سنوات الخبرة :23 years, 8 أشهر
Understand, manage, and supervise all aspects of cash flow.
Forecast daily cash requirements and execute daily financing decisions.
Manage all aspects of In-house investment portfolios.
Direct, monitor and trade investment portfolios including Working capital, High-Yield, Escrow, and other portfolios.
Manage long-term and short-term investment strategies.
Determine the Company’s goals and risk tolerance.
Determine the Company’s tax position and the applicability of taxable/non-taxable instruments.
Assess risk/return trade offs in guidelines.
Assess performance benchmarks and recommend changes when warranted.
Review and recommend changes to the investment policies based on the market conditions.
Prepare or monitor company’s various cash flow forecasts and perform financial modeling.
Evaluate, develop and implement cash management systems to optimize efficiencies.
Understand and manage appropriate accounting procedures and processes.
Manage relationships with financial service providers.
Monitor bank service fees and address quality issues.
Conduct benchmark studies of banks and their services to evaluate whether it fits Granite’s requirements.
Meet with cash management banks to plan cash management vs. Granite’s needs.
Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.
Manage, direct, and develop Cash Management staff.
Recommend, implement and maintain process improvements.
Provide technical and other support for mergers and acquisitions and other projects as needed.
Support and participate in Granite’s Strategic Plan activities.
Rolling cash forecasts should be prepared on a periodic basis (as part of 18 month rolling forecast monthly update) to facilitate cash flow planning, decision making and to ensure proper control over receipts and Prepare cash flow forecast at the beginning of each month. The cash flow forecast will be prepared according to accurate and realistic information.The monthly cash flow forecast should indicate the current month’s cash flow and the expected monthly cash requirements for the next 18 months (as part of 18 month rolling forecast) in order to facilitate Business Unit’s overall cash management and in order to facilitate medium financing requirements.
Three Scenario of cash forecasts should be prepared including:
Short Term (covering one month to a quarter)
Medium Term (covering three months to one year)
Long Term (covering one to three years)
Short-term or long-term advances obtained from a bank for financing companies CAPEX or Projects as predetermined agreement.
Interest is charged on these loans as per the rate negotiated with the bank upon draw down, or rollover of the loans.
Monitoring Compliance with the bank facility agreement covenants.
Monitoring and analyzing interest and commission rates charged by the banking institutions for each type of funding arrangement and recommend transferring funds from higher interest or commission accounts to lower interest and commission accounts.
Prepare list of all Business Unit’s commitments that resulted from Letters of Credit, Letters of Guarantee and etc. on monthly basis.
Interest rate on bank facilities should be verified on a monthly basis and should be in accordance with the bank facility agreement and note any discrepancy for further justifications/ amendments.
Assets Pledge may be used as collateral for securing loans in-order to obtain favorable borrowing rates.
Job Responsibilities:
AMERON EGYPT Co.
Arab Company For Development Materials
Arab Company For Fiber Products
• Handle All Payables Activities For Above Mentioned Companies.
• Review Invoices & Tax Calculations & Issuing Checks For Vendors.
• Prepare Accrual & Actual Expenses Entries & Monitoring Variances.
• Prepare Ageing Reports For Suppliers & Vendors Positions.
• Monitoring & Controlling Petty Cash Movement.
• Prepare & Settlement Custodies For Employees & Monitoring Their Balances On Monthly Basis.
• Prepare Year - End Closing Entries & Required Conformations With Suppliers Balances.
• Enter All Transactions On The ERP System SCALA.
• Prepare Analysis Reports for ODB, OCB, & Accrued Liabilities.
• Monitoring Unbilled Transactions with Purchasing Department.
• Review All Contractors Performance & Prepare Financial Position For Each Performance After Tax & Deductibles" Final Insurance - Social Insurance ".
Job Responsibilities :
• Prepare Cash Budget & Suppliers Ageing Reports.
• Allocation Resources For Applications "CASH MANAGEMENT".
• Prepare Full Cycle For Cash Movement" IN & OUT CASH FLOW".
• Prepare Management Report For Cash Variance Deviations & Required Comments Whether Favorable or Unfavorable.
• Implementation & Design Charts OF Accounts & Cost Centers.
• Review & Monitoring The Import & Export Letter Of Credit & Prepare All Financial Documents Required.
• Communications Skills With The Suppliers For Getting Good Deals & Facilities .
• Monitoring & Controlling Petty Cash Movement .
• Prepare Daily Documented cycle For Disbursements & Collections ( Cash & Checks ):
o Cash Payment Order
o Cash Receive Order
o Check Issuance Order
o Check Receive Order
o Check Collection Order
• Prepare & Settlement Custodies For Employees & Monitoring Their Balances On Weekly Basis.
• Prepare Year - End Closing Entries & Required Conformations With Suppliers Balances & Customers.
• Prepare Management Report For Balance Sheet, P&L & Year - End Financial Statements .
• Prepare Trend Analysis For Both B.S & P/L Accounts Balances.
• Prepare Monthly Bank Reconciliation & Prepare Required Entries On Daily Basis.
1- Spotlight On Letter Of Credit: The Relation Between Letter Of Credit , Foreign Trade , & International Community. Advantages Of Letter Of Credit. Definition Of Letter Of Credit. Parties Of Letter Of Credit. Types Of Letter Of Credit. Figures Of Letter Of Credit. 2- Responsibilities Of Each Party As Per UCPDC 500/1993 & INCOTERMS560/2000: Uniforms Customs & Practice for Documentary Credits ( 1993 Revision ). International Chamber Of Commerce Publication No 500. INCOTERMS 2000. URC522 Uniform Rules For Collection 3- The Role Of Documents In Letter Of Credit & Its Types: Types Of Transport Documents. Types Of Financial Documents. Types Of Administrative Documents & Certification Documents. Types Of Electronic Documents. Other Types Of Documents. 4- The Role Of Banks In Letter Of Credit & Responsibilities: Types Of Banks As Per Letter Of Credit. Responsibilities Of Each Bank. 5- General Concepts Of Measurements Of Shipping Documents: Most Important Five Concepts. Most Common Discrepancies In Shipping Documents. 6- Practical Cases For Measurements Of Shipping Documents, & LCs Conditions
Grade: GOOD