Treasury,Credit,Finance,Internal Audit
Resume:
CURRICULUM VITAE
Ayman Farouk
Personal Information
Resident in : Cairo
Cell (Mobile) No# : 002- 010********
Whats App., Cell (Mobile) No# : 002 - 011******** Nationality : Egyptian
Career Objective
A highly experienced professional possessing a broad knowledge and a managerial background within all the finance, admin., and banking industries. Having attained excellent client service levels and relationships whilst ensuring minimum risk within an independent factoring company high street bank and mutual building society, through an understanding how businesses work and the importance of flexibility and quick decisions. Now looking forward to making a significant contribution within a managerial position in banking, fundamental, finance and auditing where can I utilize my experience and develop my skills
Areas of Expertise
Finance,Treasury & Operations
• Banking retail,corporate - Treasury and Cash management
• Fiscal Integrity Accounting - Management accounting
• Budgeting and Cost Control - Accounting Operations
• Capital risk management - Financial Analysis &Techniques
• Project Management - Asset Management
• Project Financial Estimation - Financial and Money Markets
• Collection Recovery - Pricing and Feasibility Studies
• Personal & H.R. - Customer Services, ( Sales & Services )
• Marketing and Commercial negotiations - Logistics
• Planning to maximize growth and profitability
• Setting Accounting,Financial Policies, Procedures and diagrams Page 2 of 8
PROFESSIONAL EXPERIENCE
Risk & Finance Manager ( 01/12/2015 – Now )
S.A.E. Co. in Cairo
* Fiscal Integrity “Accounting & Financial operations, Compliance, Financial analysis,etc”
* Budgeting & Cost Control “Provisional allocation, Capital budget, Maintenance & Run, etc”
* Asset Management “Evaluation of intangible / tangible asset of popularity, Control, etc”
* Payroll “Salaries, Cash advance, etc “
* Credit Facilities (From Vendors, Bank ..etc) and ( Put the profitable facilities to our clients
* Running year end closing and the monthly accounting sheets
* Payable “Utility billing, QTN. Supplier evaluation, vendors business relation, etc “
* Receivable “Invoices, Collection, Customers Business Relation, etc “
* Treasury “Cash operating, Debt admin., Bank statement etc “
* Cost Center “create cost centers, Burden ratios, Pricing, Estimated Time, Hidden Cost ...etc
“
* Grant Financial Tracking “financial studies, credit facilities ... etc “
* Cash Flow Sensitively Analysis “Incoming flow, Outgoing flow, Reconciliation ...etc “
* Collection Recovery “Follow up payment, Reconciliation, Reports ...etc “
* Financial Analysis Reports on regular basis and risk rating being monitor
* Leverage up our financial position
* Setting written Policies, Manual for procedures, Diagrams,
* Strategies and created account numbers and projection finance plan...etc
* Developing system and automation
In additional of : -
Undertaking the full responsibility of project's site (Projects Management )
• Manage project budget and credit facilities
• Manage project resource allocation according tech. report
• Plan and schedule project timelines
• The control of employees time sheets for payroll purpose
• Petty cash control
• Credit Facility and reporting the actual with delivery notes compared by invoices submitted in the cash and fund flow model generated
• Disburse constantly monitor and report on progress of the project to all stakeholders in coordinate with Q/C ( quality control section )
• Present reports defining project progress, problems and solutions
• Implement and manage project changes and interventions to achieve project outputs in coordinate with tech. operations section
• Project evaluations and assessment of financial results
• Payment of monthly cash salary to the employees and securing the pay-slips signed Page 3 of 8
• Receiving and verification of suppliers invoices for the project and make sure that the invoices are subject to the way matching with the quantity and price in P.O.
&D.Note
• Monthly reconciliation of bank statements related to the project. Solving any reconcile items accordingly to the sound accounting practices.
• Monitor and follow-up customer accounts and collections. Reconcile customer accounts in monthly basis
• To lead in the the project forecasted collection, revenue, unbilled works and the cost of revenue for the periodical closing of accounts on accrual basis
• Control over the project material inventory and fixed assets and to perform the physical count on a periodical basis with the help of the store keeper or the fixed assets controller
• To make sure of the accuracy and reliability of the inventory and the physical existence of the fixed assets
• Present the statistics & analytical reports to CEO concerning the projects under responsibility
• Communication and coordination with business partners (staff, vendors, clients .etc) I – General Manager - Invest. Projects - ( Ex. Internal Audit Manager ) Al-Ahram Trd. Co. Ltd (Wärtsilä joint venture) – (12/02/2011 – 30/09/2015)
Reason of Resigned (Leaved) : Job In Yemen with a high Risk life Exposed there
Responsibilities:
(Finance / Admin. / HR / Compliance / Marketing & Sales / F. Studies / Logistics)
• Manage all business parts and distribution of music growing scores
• Oversee preparation of an Annual Report summarizing progress on short and long range plans & setting growing business plan
• Oversee collection and increase income within reduce expenses
• Policy development, documentation and setting manual procedures
• Provide recommendations regarding investments and cash strategies
• Recruitment and contracting of company and project staff develops.& training
• Oversee preparation of annual budget, regular variance statements and annual audit
• Provide vision regarding overall financial health of the company and budgets
• Provide recommendations regarding effective utilization of long and short term debt, including refinancing and purchasing/sales and projects running
• Development of forms and tools to increase efficiency and risk management Responsibilities:
(Finance /Admin. / HR / Compliance /Sales / Feasibility Studies / Logistics) Page 4 of 8
• Manage all business parts and distribution of music growing scores
• Oversee preparation of an Annual Report summarizing progress on short and long range plans & setting growing business plan
• Oversee collection and increase income within reduce expenses
• Policy development, documentation and setting manual procedures
• Provide recommendations regarding investments and cash strategies
• Recruitment and contracting of company and project staff develops.& training
• Oversee preparation of annual budget, regular variance statements and annual audit
• Provide vision regarding overall financial health of the company and budgets
• Provide recommendations regarding effective utilization of long and short term debt, including refinancing and purchasing/sales and projects running
• Development of forms and tools to increase efficiency and risk management Finance & Admin
• monitoring and interpreting cash flows and predicting future trends
• developing financial management mechanisms that minimise financial risk
• managing budgets
• Review collection reports to determine the status of collections and the amounts of outstanding balances
• plan, direct, or coordinate supportive services of an organization, such as record-keeping, mail distribution, telephone operator/receptionist, and other office support Human Resources
Originates and leads Human Resources practices and objectives that will provide an employee-oriented; high performance culture that emphasizes empowerment, quality, productivity, and standards; goal attainment, and the recruitment and ongoing development of a superior workforce. The Human Resources manager is responsible for the development of processes and metrics that support the achievement of the organization's business goals. Marketing & Sales
Develops, or participates with the Senior Staff, in the development of the Strategic Marketing Plan for the Company
Directs department(s) to achieve objectives established in the Company’s Strategic Plan
Coordinates sales operations with all other departments/divisions of the Company
Develops and/or maintains and improves business relations with all customers
Seeks out and targets new customers and new sales opportunities, initiates action plan to approach and secure new business for the Company
Develop and implement an effective strategic sales plan
Develop and maintain a strong work relationship with key opinion leaders and contacts with other relevant agents.
• Feasibility Studies
Setting feasibility studies upon board assigning Page 5 of 8
Analyze current studies outline and identify possible issues prior to Development
Review and analyze all information retrieved from external investigation, as appropriate and compile summery and conclusion into feasibility reports, texts
• Logistics
Recommend optimal transportation modes, routing, equipment, or frequency,
Create policies or procedures for logistics activities,
Resolve problems concerning transportation, logistics systems, imports or Issues
Ensure carrier compliance with company procedures for product transit
Develop risk management to ensure continuity of supply in emergency scenarios
Communicate freight transportation information to customers or suppliers, using transportation management, electronic logistics marketplace, or electronic freight information systems, to improve efficiency, speed...etc.
( From 26/06/1994 Till 31/01/ 2011 )
Accounting /Finance /Admin. Manager
Commercial Int., Bank & USAID Projects, PT-Steel
Verification the professional career by " Head Certificate"
(of Egypt certified No. 158018 / 2007)
Responsibilities:
* Manage portfolio for 270 Million EGP (48 MM USD EQ. by Year end 2010)
* Execute the branch business Plane and financial position
* Responsible for all branch’s operations to carry out plans
* Authorize the branch annual budget and associated business plans and strategic plans, preparation of monthly management accounts, MIS reports and board briefing packs
*Analyzes financial information detailing assets, liabilities, and capital, and authorize the balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected companies’ financial position for other senior management
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* Negotiate different deals with related banks to obtain best services & competitive deals
*Contributing businesses use our experience and knowledge. We reviewed and assisted within the collections and credit department functions.
* Buildup of the Branch business plan & monitoring of actual versus budgeting results
* Responsible for managing new business development and strategic planning to maximize growth and profitability
* Business development appointment sourcing new business
*Profit and Loss (P & L) Reporting, budget and financial planning, analyzing sales figures and forecasting future sales volumes to maximize profits\
* Providing exceptional customer service at all times; responding to customer complaints and comments; ensuring standards for quality, customer service and health and safety are met
* Handling Incoming and Outgoing swift payments* Monitor the business and control the cash flow in the Central Bank account
* Cash flows and Treasury deals to be informed to Treasury for further action
* Ensure all counter transactions are processed accurately and swiftly and in accordance with the laid down procedures
* Maintain tight control on all Branch Sundry, Suspense & Income Accounts & prepare monthly statement to concerned units
* Ensure all Branch G/L lines monitored, balanced & reconciled as per guidance
* Report deviation/exceptions to concerned authority as per standard practice recommended by the Business control Unit
* Ensure any changes/ modifications to the processes & policy made by HO are timely implemented
* Ensure effective Risk Management & regulatory Compliance for all operational Functions
* Play a sound of leading role in developing and maintaining updated procedures for the retail business line (L.O.B.)
* Ensure the sundry account balances properly monitored and escalate to the Manager if outstanding days exceeds the specified period
* Appraising the staff and lead branch’s team, propose their promotion
*Regulatory, AML “anti Money laundry “ & compliance issues.
* My branch evaluated as a best branch in achievement As of July 2009 under my leadership
* Upgrading my portfolio managed ranking
*Forecast performances and identify trends in financial analysis reports as well as the ability to interprets financial transactions and events for users who must make economic or business
* Converted branch from loss to net profit by 2008 growing up to date under my leadership
* Scored 100 % ambiance score and 100 % service score as of 2009
* Support senior management process of commercial projects
* Interact with regional and international head offices Page 7 of 8
* Analyze delinquent accounts and present the reports on high risk accounts
* Negotiate payment and arrears programs with delinquent customers
* Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties
* Coordinate the sourcing of inputs and requirements from other Departments in Finance for periodic reporting purposes
* Consolidate the annual budgets and forecasts for all business units
* Plan and organize the effective utilization of all available existing facilities to ensure that they are utilized appropriately for short or long term purposes in accord with the plans
* Monitor the utilization of existing facilities to ensure their effective utilization in line with plans
* Developing financial management mechanisms that minimize financial risk Education PROFESSIONAL DEVELOPMENT
Appreciation and Professional Certificates
* CPA Studies
* CFTC Studies
* Professional High Diploma - Livon Lite
* Appreciation E-mail by GUC’s financial manger in 2010
* Make More Money (MMM)conference – 2010
* Sales Conference to increase market share – 2009
* “Financial Analysis Techniques” - DC GRADNER – London 2008
* (Market analysis and segmentation) 2008
* “Seven Habits” for Franklin Covey 2008
* Branch Head Certificate by Central Bank of Egypt – Cairo 2007 (BHC Certificate)
(CBE-Ministry of Finance/banking certified No. 158018 / 2007)
* AAFES / Cairo 2006.
* USA Embassy / Cairo 2005
* USAID / Cairo on October, 1999
* USAID / Cairo on May, 1999
* USA Embassy / Cairo 1997
* Forgery (Many Times)
* Anti-money laundry (Many Times)
* Technical analysis and financial markets (Many Times)
* Treasury, Money market and FX positions (Many Times)
* Intensive Tellers 1995
* Bachelor of Commerce – Major On Accounting
*Ain Shams University, May 1992 / Good
Computer and Automation Skills
* All Windows versions
* All Microsoft office versions and applications (Excel, Word, Power Point ...etc)
* Internet Excellent Utilization
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* A/S 400 IBM main frame
* Midas System net work
* T24 data base system applications
* Investment and fund system applications
* Banking cashier system applications
* Onyex
* Al-Motakamel
* ERP
* SAP
* Tally and other professional systems
* Money market dealing stations according instructions Language Skills
* Arabic : Native language.
* English : Excellent
* French : Good
* Indian : Fair
Other skills
* Time management Reporting.
*Problem solving abilities.
* Strong communication skills, Team building & Leadership
* Taking initiatives and generate new ideas
* Setting policies, business plane, strategies, vision, missions
* Feasibilities and marketing studies in the verification Standard
* Coordinated interaction between Giro with (Gov. Post & banking) 2007
* USAID proposal sales 2000
* Represent In the most of conferences of the American mission in Egypt (1994
/2007)
REFERENCES AVAILABLE UPON REQUEST
Truly Yours,
Ayman Farouk
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