Tarek Raouf Mohamed

• Improved cost efficiency through meticulous analysis of financial data and identification of areas for potential savings.
• Managed complex multi-currency transactions, mitigating exchange rate risks and ensuring timely settlements.
• Enhanced financial transparency for stakeholders by streamlining communication channels and providing detailed reports.
• Optimized cash flow management with effective forecasting, budgeting, and reporting systems.
• Safeguarded company assets by establishing strong internal controls and procedures for accurate financial reporting.
• Facilitated successful mergers and acquisitions by conducting thorough due diligence exercises and managing integration efforts.
• Trained finance team members on best practices and new regulations, fostering a culture of continuous professional development within the department.
• Collaborated with external auditors during annual audit processes, ensuring timely completion and accurate representation of the company''s financial position.
• Strengthened financial control by implementing rigorous internal audit processes and risk management strategies.
• Analyzed business processes to identify cost savings and operational efficiencies.

• Advised management regarding significant expenditures to keep operations in line with budget limitations.
• Prepared and presented financial reports to inform senior management and board of directors.
• Developed and maintained internal control systems to protect organizational assets.
• Oversaw the successful completion of external audits without any major findings or issues raised by auditors.
• Enhanced financial reporting processes, providing stakeholders with accurate and timely information for decision-making purposes.
• Managed investment portfolio to optimize returns while minimizing risk exposure.
• Developed policies for cash handling and treasury operations, enhancing operational efficiency.
• Streamlined payment processes, improving efficiency and reducing processing times.
• Implemented rigorous risk management policies, minimizing exposure to financial uncertainties.
• Coordinated international transactions, managing currency exchange and transfer risks.
• Managed cash flow to ensure adequate liquidity for operations, safeguarding against financial shortfalls.
• Led initiatives to automate treasury functions, increasing productivity and accuracy.
• Established benchmarks for financial performance, driving continuous improvement in treasury operations.
• Negotiated favorable terms with banks, reducing interest expenses and improving profit margins.
• Optimized banking relationships to secure improved service levels and lower fees.
• Collaborated with cross-functional teams to support strategic projects, contributing to overall organizational success.
• Monitored market trends to anticipate changes in interest rates and currency fluctuations, protecting against adverse impacts.
• Projected monthly cash expenditures through efficient budgeting and detailed document reviews.
• Managed daily financial functions in collaboration with accounting and payroll personnel.
• Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
• Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
• Establish and implement the Company’s Treasury Management Policy
  and Procedures (DOA)
  • Oversee, maintain liquidity, and cash management and optimize cash
  resources.
  • Manage Investments; short- and long-term.
  • Develop cash flow forecasts.
  • Arrange both short- and long-term external financing.
  • Manage financial risks.
  • Manage relationships with banks/financial institutions and other service
  providers.
  • Collaborate with other departments and share financial information.
  • Oversee financial reporting and compliance.
  • Act as the company’s internal advisor and consultant. Selected
  Achievements:
  • Manage Fund Raising for Expansion.
  • Manage all the FRA, IScore & the consumer licenses for Egypt Group.
  • Manage the property insurance process.
  • Manage all the BNPL service providers process.

• Reduced banking fees by negotiating favorable terms and consolidating bank relationships.
• Participated in corporate finance activities, including capital structure analysis and debt issuance process.
• Collaborated with cross-functional teams on major acquisitions, contributing to successful integration efforts.
• Managed relationships with banking partners, fostering strong partnerships that supported business growth initiatives.
• Managed working capital effectively to ensure sufficient funds for daily operations and long-term investments.
• Played a pivotal role in securing credit facilities at competitive rates, strengthening the company''s financial position.
• Provided support during audit engagements by addressing inquiries related to treasury activities in a timely manner.
• Enhanced financial operations by streamlining cash management processes and implementing best practices.
• Developed comprehensive treasury policies and procedures, ensuring compliance with relevant regulations.
• Mitigated risks associated with currency fluctuations through proactive foreign exchange hedging strategies.
• Oversaw daily cash positioning activities, accurately forecasting short-term funding requirements to maximize cash utilization efficiency.
• Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
• Reviewed contracts financially impacting company and counseled executive leaders on impact contracts would have on company operations.
• Participate in the maximization of the shareholder’s wealth through
  helping the company to Implement its strategy.
  • Availing the optimum source of funds needed for the company to
  ensure its smooth operation Moreover, to support the company’s current
  and future business requirements.
  • Manage and control the company’s foreign exchange and interest rate
  risks.
  • Develop the company’s Annual Business Plan, Budget, matching and
  hedging positions. • Studying the company’s financial needs and setting
  short and long-term investment policies.
  • Review and continually ascertain the company’s treasury goals and
  risk tolerance in line with Strategic plans.
  • Assess performance benchmarks and recommend changes when
  warranted. • Review and recommend changes to the investment policies
  based on the market conditions.
  • Monitor and control the cash inflow, outflow of the company, and
  calculate daily cash position.
  • Manage and control the company’s capital injections.
  • Leading all the trade finance transactions of the company.
  • Implement and administrate company various cash flow forecasts
  including weekly, monthly In addition, yearly and compares those to
  actual.
  • Evaluate, develop, and implement cash management systems to
  optimize efficiencies.
  Ensure proper investment of funds and adequate liquidity for working
  capital needs.
  • Select the right investment instrument for surplus of cash to maximize
  return.
  • Lead, facilitate and ensure smooth relationships of the company with
  banks and financial Service providers.
  • Arrange, follow up and monitor the company credit facility and its line
  utilization with banks.
  • Ensure full compliance with debt covenants and conditions as
  stipulated in bank agreements.
  • Evaluate alternative borrowing strategies and make periodic
  recommendations to adhere with the capital structure guidelines.
  • Ensure that all banking activities conform to the company's strategic
  policies and objectives.
  • Negotiate with Banks to receive best price, service regarding
  borrowing costs, banking expenses.
  • Review and negotiate facility term sheets with banks. • Provide timely
  feedback to the banks on the business performance on a quarterly basis
  and Provide resolutions to their queries regularly.
  • Maintain liquidity by following up executing the payment/collection of the company’s obligations/dues to/from its Stakeholders in a timely and
  cost-effective manner.
  • Liaison with tax consultant regarding the company’s tax position, also
  oversee monthly, quarterly, and yearly closing and liaison with auditors
  to issue audited financial statements.
  • Participate in the pricing process to optimize the company’s profit
  margin.
  • Delegate work effectively and follow up department’s staff to ensure
  that they are adequately Performing their job responsibilities and
  meeting their goals.
  • Proactively manage the team’s daily workflow, ensuring deadlines are
  met and controls adhered to ensure payments related to capital
  transactions and invoice/fee payments are processed correctly and
  efficiently by the team and associated records are filed and Maintained
  efficiently and comprehensively.
  • Provide continuous coaching to team members on operational issues,
  ensuring that system Enhancements and process changes is
  implemented correctly and effectively.
  • Follow up the bank reconciliation is prepared in an accurate and timely
  manner. Selected Achievements:
  • Successful Fund Raising for the company in a 3 months’ time, which
  was the first granted facility For this company, in addition of increasing
  the portfolio of banks granting facilities.
  • Obtained the highest interest rate (18%) given on the daily interest
  bearing (call) account which overachieved the generated interest rate
  gain by 12%. • Significant reduction in the company’s finance cost by
  1.5%.

Monitor and control the cash inflow, outflow of the group, and calculate
the daily cash position.
• Forecast daily cash requirements and execute daily financing
decisions.
• Implement and administrate various cash flow forecasts, including
daily, monthly and yearly cash flow forecasts, and compare those to
actual besides mini-cash flows.
• Follow up executing the payment of the Group’s obligations to its
stakeholders on time.
• Monitor and supervise the automated payments process to ensure it
runs smoothly.
• Ensure proper investment of funds and adequate liquidity for working
capital needs.
• Arrange, follow up and monitor the Group Credit Facilities and its line
utilization with banks and factoring companies.
• Delegate work effectively and follow-up department’s staff to ensure
that they are adequately Performing their job responsibilities and
meeting their goals.
• Implement and administrate financial and management reports.
Selected Achievements:
• Extend the finance tenor granted from the factoring company by 4(X) in
less than 8 months.
• Reduce the (POS) debit interest charge by 1% and shorten payment
time by 3 days.

• Improved internal controls with detailed analysis and documentation of complex accounting transactions.
• Maintained chart of accounts, ensuring proper classification of all transactions for easy tracking of revenue and expenses.
• Enhanced financial accuracy by diligently reviewing and reconciling general ledger accounts on a monthly basis.
• Simplified account reconciliation process, leading to reduced errors and increased efficiency in financial reporting.
• Streamlined month-end closing processes for increased efficiency and timely reporting of financial results.
• Ensured compliance with IFRS, implementing accurate accounting policies and procedures.
• Assisted in external audits, ensuring smooth execution and minimal audit findings related to the general ledger.
• Collaborated with cross-functional teams to develop company-wide budgeting processes for better financial planning.
• Developed clear communication lines with Accounts Payable and Accounts Receivable departments to resolve any discrepancies swiftly.
• Reduced discrepancies in financial statements by proactively identifying and resolving unbalanced accounts.
• Managed fixed asset accounting, including capitalization, depreciation schedules, and disposals for accurate reporting of assets'' value.
• Prepared working papers, reports and supporting documentation for audit findings.
• Maintained integrity of general ledger and chart of accounts.
• Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.

• Team Management: Supervise and mentor the accounts payable team to ensure efficient and accurate processing of invoices and payments.
  Assign tasks, monitor team performance, and provide training and development opportunities.
  
• Invoice Processing: Oversee the receipt, review, and processing of vendor invoices, ensuring compliance with company policies and approval protocols.
  Ensure that all invoices are recorded accurately in the accounting system.
  
• Payment Management: Ensure timely payment of all approved invoices and maintain accurate payment records.
  Collaborate with the Treasury or Finance team to manage cash flow and make payments on time, considering available discounts and optimizing payment terms.
  
• Vendor Relationship Management: Act as the primary point of contact for vendors and suppliers regarding accounts payable queries, resolving any issues or discrepancies.
  Maintain positive relationships with vendors to ensure smooth business operations.
  
• Month-End and Year-End Closing: Assist in the preparation of financial statements by ensuring accounts payable balances are accurate and up-to-date.
  Reconcile accounts payable aging reports with the general ledger.
  
• Compliance and Reporting: Ensure compliance with tax regulations, including proper withholding and reporting of taxes (e.g., VAT, sales tax).
  Prepare and provide regular reports on accounts payable activity to senior management.
  
• Process Improvement: Identify opportunities for process improvements in invoice and payment procedures to increase efficiency and reduce errors.
  Implement best practices for cost control and fraud prevention within the AP process.
  
• Audit Support: Assist with internal and external audits by providing necessary documentation and explanations related to accounts payable transactions.