Ahmed Abdelnaby

*Ensure the ability to meet current and future financial obligations in a timely and cost-effective manner.

*Maintain access to short term credit facilities to finance working capital while minimizing lending costs.

*Maintain access to medium- and long-term debt and equity financing to support planned asset expansion and the existing asset base.

*Identify,measure, analyze, and mitigate exposure to financial risks (interest rate,foreign exchange).

*Coordinate functions and communicate effectively with other departments and business units to help ensure that cash is efficiently utilized.

*Manage relationships with external stakeholders, including banks, customers, and suppliers, to effectively use financial assets while minimizing risk and expense.

*Negotiate and manage debt agreements, including loans and credit facilities.

*Optimize debt terms to minimize interest costs.

*Prepare and present regular reports on cash flow, liquidity, and treasury activities.

*Develop accurate cash flow forecasts to support financial planning and decision-making.

*Supervise and mentor treasury staff, if applicable.

*Oversee the day-to-day operations of the treasury department.

*Collaborate with auditors during financial audits.

*Manage banking activities for multiple banks.

*Establish policies and procedures, and implement strategies to manage operational cash balances while providing adequate liquidity. Invest excess cash balances to protect principal—and generate interest income, if possible—or use excess cash balances to pay down debt in order to reduce interest expense.

*Direct & review the payments according to the available cash funds.

*Carries out the cash management process in EGP and foreign currencies.

*Issue & review the cash plan (Forecasted) in monthly basis.

*Issue & control daily cash position.

*Follow & review all day to day operations with more than 10 banks.

*Follow & control the annual renewal process for the bank credit facilities .

*Follow and review export and import letters of credit ( LCs ) , CADs , Collection Docs , Direct transfers to the foreign suppliers and all other trading transactions.

*Follow & control the collection process and manage all cash in transactions including notes receivable, Cheques under collection and how to direct it to settle or finance our utilization.

*Follow & control the finance expenses to make sure all expenses within the special prices we got from the banks.

*Reporting according to the reporting package in convenient (time, quality, presentation).

* supervise all of the treasury & banking staff and review all reports.

* Ensure the availability of the insurance coverage for all the company assets.

*Handle daily operation with banks (Cheques; LCs; LGs; Cash; Transfers;…etc).

*Ensure that all banks transactions recorded & maintained in the system.

*Assist in closing of accounts during month closing .

*Prepare monthly bank reconciliations.

*Directing the collectors and bank representatives on daily basis.

*Dealing with banks & Responsible for daily banking transactions.

*Review Interest and bank commission charges.

*Review company payments and issue cooperate checks and transfers.

*Processing foreign currency payments.

*Enter the Daily transactions in the system.

*Prepare the checks to the vendors.

*Reconcile the banks accounts with our accounting books.

*Reconcile the petty cash record with our accounting books.

*Prepare the daily, weekly, monthly and annual reports.