Assistant Manager

Ahmed Helal Hussein

Building *, **th Neighborhood, 6th area

6th of October, Giza, Egypt

Mobile: 011-***-***-**

Home: (02) 38222631

E-mail: *.*******@*****.***

Career Objective

Pursuing a challenging and dynamic position where I can effectively contribute my academic background, personal skills allowing an opportunity of growth.

Career experience:

Treasury Manager, IFCG – EGYPT, 2018 – Ongoing

Monitoring and managing the organization’s bank relationships and liquidity management.

Managing foreign currency exposure and foreign currency payments.

Analyzing various scenarios and risks.

Daily cash management.

Debt facilities management.

Interest rate risk management and development of risk mitigation strategies.

Foreign exchange risk management and development of foreign exchange risk mitigation strategies.

Team management.

Preparing management and board reports.

Liaising with senior management across the organization.

Supporting the month end process where necessary.

Manage, and supervise all aspects of cash flow.

Review and recommend changes to the investment policies based on the market conditions.

Understand and manage appropriate accounting procedures and processes.

Support and participate in Granite’s Strategic Plan activities. Treasury Section Head, Holw Elsham Company. 2013 – 2018.

Develops and recommends financial policies, capital structures as well as debt/capital strategies.

Oversees the management of cash balances and disbursements through Implementation of adequate controls.

Manages Foreign Exchange and Interest rate risk. Ensures there is optimal working capital and cash management.

Negotiates and review of loan agreements and service agreements Forecasts cash payments and anticipate potential challenges arising from limited cash flow.

Monitor the company's balances with financial institutions and banks. Prepare periodic financial reports.

Preparation of reports and statistics related to company deposits and loans.

Implement banks required tasks and ensure their timely management without delay.

Secure the needed cash flow and initiate suggestions based on research of capital markets.

Oversees and recommends cash flows, funds positioning, asset & liability profile, and foreign exchange exposures with respect to the Company financial activities.

Assists in evaluating and managing the Company's capital adequacy, liquidity, profitability and other ratios with the functions concerned.

Reviews and recommends foreign exchange or money market products by analyzing patterns for direction of exchange and interest rates.

Establishes appropriate control system and ensures full compliance with laws and Company policies. Assistant Treasury Section at Holw Elsham Company. 2010 - 2013.

Forecast cash flow positions, related borrowing needs, and available funds for investment.

Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.

Opening LCs and LGs.

Use hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions.

Maintain banking relationships.

Maintain credit rating agency relationships.

Arrange for debt financing.

Monitor the activities of third parties handling outsourced treasury functions on behalf of the company.

Advise management on the liquidity aspects of its short- and long-range planning.

Maintain a system of policies and procedures that impose an adequate level of control over

Treasury activities.

Accountant at Holw Elsham Company. 2009 - 2010.

Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.

Opening LCs and LGs.

Maintain banking relationships.

Advise management on the liquidity aspects of its short- and long-range planning.

Maintain a system of policies and procedures that impose an adequate level of control over treasury activities.

Prepare payments by verifying documentations.

Prepare financial reports.

Controlling income and outcome.

Achievements:

1- Succeeded to solve a toner mismatch within company’s statements by signing a deal with the bank to turn a short term loan to a mid-term loan with an amount of 25 M EGP with an interest 1% over the corridor rate with total saving of 375 K per year

2- Succeeded to decrease the interest rate of the short-term loans from 3% over the corridor rate to just 0.25% over the corridor rate with total saving of 1700 K per year. 3- Succeeded to solve a toner mismatch within company’s statements by signing a deal with the bank to turn a short term loan to a mid-term loan with an amount of 32 M EGP with an interest 0.5% over the corridor rate with total saving of 520 K per year.

4- Succeeded to use company sources to save 5.7% per year to decrease the interest and increase the profit. Education

Faculty of Commerce, Ain Shams University. Class 2007 – Good. Personal Profile

- Highly self-motivated, ambitious & hard worker. Capable of working under pressure and meet deadlines effectively. Autonomous and enjoy working in teams with high sense of flexibility in adjusting to change.

- Good working command of Window Vista, Win 7 and 8, Microsoft Office & various Internet applications.

- Good Working with El Motamem application.

- ERB system ( EXAPTA 2009 & 2012 )

Language Skills

Arabic: Mother tongue

English: Very Good Command (Written, Spoken and Reading). Training Courses:

- Certified Treasury Professional (CTP) training at The American Chamber in Cairo Aug-Nov 2015

- English General and Conversation Courses.

Personal Data

Date of birth: October 1st, 1986

Marital Status: Married

Military Status: Completed.

Nationality: Egyptian.

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