Group Treasury Executive
Ali Bin Ali Group
مجموع سنوات الخبرة :10 years, 6 أشهر
1) Reporting
To collect data from all entities and to prepare consolidated month borrowing position presentation at Group level.
To prepare weekly treasury position.
To prepare covenant testing schedule for all bank facilities.
Other reporting as per management requirements.
2) Dealings with Banks.
Coordinate with banks to expedite the division’s transactions.
Update the STL Maturity Tracker for head office & to prepare the STL roll-over and settlement documents
Prepare bank account opening applications and KYC’s for all entities.
Prepare WPS combinations and to ensure that all combinations are registered for payroll.
Upload leave and final settlements in the systems and to coordinate with divisions for employee’s settlement transfer letters.
Coordinate with banks for bank facility offer letters and other correspondence for facility renewals.
Coordinate with banks for letter of guarantees.
3) Dealings with internal stakeholders.
Coordinate with all subsidiaries for financials to conduct covenant testing on facilities.
Coordinate with divisions any change in QCB regulations and impacts on all entities.
Liaise with divisions and external auditors for STL and LTL schedules, bank confirmations and other requirements from external auditor.
Liaise with banks and entities to arrange details on letter of guarantees L/C’s.
Salary Cards collection & dispatching to all entities.
4) Other Assignments
Coordinate with team members and subsidiaries for all other assignments and requirements from the managements.
Payments to suppliers and subcontractors.
Supervise accountants to prepare payments for suppliers and sub-contractors
Monitor all payables according to policies and procedures, and to ensure
healthy funds position in all bank accounts.
Assist the Head of treasury to prepare reports on short term and long terms
liabilities and repayment schedules.
Assist the Head of treasury to prepare reports on daily finds position for all bank
accounts.
Prepare reports on bank facilities for total limits and comparison with projects
further requirements.
2) Dealings with Banks.
Prepare reports on bank facilities and comparison with projects further
requirements.
Coordinate with banks for Letter of credits LC’s and letter of guarantees LG’s
Prepare reposts projects status and further projects finance requirements to
complete the projects.
Prepare and monitor LC’s schedule and LC’s loan repayments schedule
Prepare reports on bank facilities for total limits and comparison with projects
further requirements.
Prepare and monitor schedule for LG’s with expiry dates.
Coordinate with banks to arrange tender bonds for new tenders and projects
guarantees for new projects.
Dealings with Internal and external auditors
Supervise assistant for preparation of periodic bank reconciliations of current
accounts and loan accounts.
Preparing repayment schedule of bank financed vehicles to identify long term
and short-term labilities and recalculation of interact.
To coordinate with internal auditor to comply with policies and procedures of
the company
To supervise accountants for filing systemin and to ensure all vouchers are
properly filed.
4) Dealing with internal and external stakeholders
Coordinate with suppliers for their payments and to ensure uninterrupted
supply of material on all projects.
Assist commercial department regarding company’s financial issues on
projects.
Coordinate with purchase department for payment terms of purchase orders
and mode of payments.
Coordinate with HR department for salary payment and employee’s end of
service benefits.
Reconciling accrued salary and salary paid too ensure expense and liability is
properly booked.
1. Accounts Payable:
Supervise and monitoring correct accounting data in ERP system.
“Maintaining, Monitoring and Reporting” of daily payments to suppliers.
Monthly accruals related to suppliers and vendors.
Preparation of cheques and bank transfers coordinating with outside Suppliers.
Maintaining records of PDC’s & CDC’s according to maturity and reporting to Manager Finance & Director Finance on daily basis.
Reporting on monthly payables and current liabilities.
2. Audit:
Assist in preparation of accounts according to “International Financial Reporting Standards” for annual audit & Checks”
Assist in internal control & compliance for internal reviews and check.
3. Bank Reconciliation: Reconciliation of Bank Accounts with Ledgers and its report.
ACCA
Graduation