Emad Yaacoub Attia
Group Treasurer at El Sewedy Capital Holding
Maadi, Cairo, EgyptWork Experience
Group TreasurerFull Time
El Sewedy Capital Holding
Nov 2023 - Present -1 yr, 9 months
- Job Details:• Responsible for directing treasury strategy & operations covering cash management, corporate banking, credit and lending, capital structure, debt management, short & long-term investing, and borrowing, covering 8 Legal. • Ensure adequate liquidity for working capital needs and invest short-term excess cash; manage inter-company cash including inter-company lending, and capital injections. • Responsible for the overall direction, coordination and evaluation of the treasury department • Support Group expansion and establishment of new entities
Treasury ManagerFull Time
Tawakol Metal Industries Group
Apr 2022 - Nov 2023 -1 yr, 7 months
Egypt , Cairo
- Job Details:• Manage cash functions including cash concentration, wires, and account funding, ensure adequate liquidity for working capital needs and invest short term excess. • Prepare annual budget and monitor compliance. • Assist board of directors in making financial decisions • Managing banking relationships, negotiate bank facilities and service fees. • Manage corporate modeling forecasting and risk management activities. • Prepare Treasury Reports, Daily Cash Position, Monthly Cash Flow Forecast. • Managing and verifying local & foreign payment cycles. • Review and approval Trade Finance in coordination with Logistics Team (LC’s & IDCs monthly issuance & settlement plans). • Ensure compliance with internal controls, policies, and procedures. Develop and monitor treasury operational policies.
Treasury ManagerFull Time
Al-watanya Auto
Jan 2021 - Mar 2022 -1 yr, 2 months
Egypt , Cairo
- Job Details:• Develop and maintain relationships with banks, and follow up payment process. • Monitor the company’s inflows and control the collection processes to manage borrowing levels. • Develop accurate and timely cash forecast to ensure working capital requirements. • Review monthly closing bank reconciliation and generate periodical internal and external reports. • Ensure that all insurance policies are in line within global insurance coverage.
Treasury ControllerFull Time
Al-Babtain Group
Oct 2006 - Dec 2019 -13 yrs, 2 months
Kuwait , Kuwait City
- Job Details: Cash Flow Forecast/Analysis: Forecast cash flow positions to support business goals for borrowing needs, and funds available for investment. Corporate finance and financial risk management o Managing Capital Structure Strategies and Corporate Funding resources. o Banking Facilities: identifying cash and non-cash banking facilities as per business requirements, negotiate best possible terms and prices. o Liquidity Risk: most efficient use of cash resource to ensure sufficient fund are available to meet ongoing operational requirements and other obligations. o Mitigate FX exposure through spot and forward FX position, balance sheet hedging. Operational Risk: avoid and mitigate operational risk through insurance Coverage, in addition to negotiated prices and conditions for insurance policies. Financial Analyses: Applying analysis techniques for F/S, Capital Budgeting based on Discounting Cash Flow, Cash Conversion Cycle analysis, Consolidated financial exposure Report …. etc. o Research financial problems, determining their root causes and then proposing solutions. o Increase productivity by developing automated reporting tools. Investment Portfolio: Manage all aspects of in-house investment portfolio, evaluate investment opportunities options to assess return & risk, and periodically evaluate of existing Investments…etc. Payment Control: Develop and implement most efficient payment process, inter-company funding, and settlement of Banking obligations on due date. Develop TMS (Treasury Management System) according to treasury operations requirements. Treasury Operations o Banking relation: Manage relationships with financial service providers, evaluate banks performance and address quality issues. o Monitor day-to-day treasury transactions, Cash position, Bank service fees and Interest. o Maintaining and developing a system of policies and procedures that impose an adequate level of internal control over treasury activities. Credit Management o Championed efforts to maintain DSO levels below business plan. o Oversaw the credit review process for customer credit risk . o Negotiated settlements and payment terms with all customers. o Initiated and Implemented new policies and procedures, revamp and innovate bonus structures to enhance and generate maximum performance
Education
Bachelor's Degree in Accounting
Ain Shams University (ASU)Jan 1999 - Jan 2003 - 4 yr
Achievements
Start- up the treasury function and sat its structure, starting with 2 team members which have grown up currently to 11 professionals. Managed successfully a project to restructure the Banks’ Facilities in accordance with the requirements of each company of those ones under our group umbrella. The success of that project lead to a positive effect in liquidity management, and avoid the risk of currency exposure through the dealing with Banks. Moreover, we were able to save KWD 100,000 per annum. Lead a professional research to assess a number of new investment opportunities which later showed incredible outcome and tangible profit results. (The dividend of this investment has created annually approximately KD 200,000 per annum). Lead a project to assess the full circle Treasury Management System & requirements which successfully lead to have a proper/ trusted, and reliable the Data flow. Manage a project to enhance the control of the operation risks incurred to the com
Languages
English
Fluent
Training & Certifications
Certified Treasury Professional (CTP)
AFP·2015Cash Flows Management & Analysis
Global Experts Institute ·2009Financial Analysis
International Business Institute ·2007