Ihab Kamel

Orascom Development Holding

• Group Director TreasuryFull Time

  Jan 2005 - Mar 2014 -9 yrs, 2 months

  Egypt

  • Job Details: Manage Group cash flow  Seek the best alternatives for obtaining needed funds and anticipating challenges arising from limited cash flow,  Negotiate loans or overdraft terms with company bankers;  Seek appropriate investment opportunities for excess cash available normally in short term  Contribute effectively to reduce financial risk and earning volatility by going through set of valuable hedging deals  Undertake risk management activities by analyzing borrowing costs in relation to profit margin by reviewing economic changes and its effect upon group 9 destinations;  Support operations by speeding up cash collections and facilities disbursement in a timely coherent manner.  Assist Senior Management in the monitoring and managing the overall Treasury aspects including portfolio management of the Group.  Provide advice on financial matters impacting on the company as a whole;  Liaise with other departments, such as tax and accountancy, on a range of issues;  Attend board and senior management meetings;  Train, coach, develop and motivate subordinates  Work on affecting group-hedging strategy with banks to limit the amount of risk faced when investing in different types of securities. These include different types of options, forwards, and swaps
• Treasury ManagerFull Time

  Jan 2001 - Jan 2005 -4 yrs

  Egypt

  • Job Details: Understand, manage and supervise all aspects of cash  Understand, manage and supervise all aspects of cash flow  Forecast daily cash requirements and execute daily financing decisions.  Manage all aspects of in-house investment portfolios.  Direct, monitor and trade investment portfolios including Working capital, High-Yield, Escrow, and other portfolios.  Manage long-term and short-term investment strategies.  Determine the Company's goals, risk tolerance, assess performance benchmarks, and recommend changes when warranted.  Review and recommend changes to the investment policies based on the market conditions  Prepare or monitor company's various cash flow forecasts and perform financial modeling.  Evaluate, develop and implement cash management systems to optimize efficiencies.  Manage the appropriate accounting procedures  Manage relationships with financial service providers.  Monitor bank service fees and address quality issues.  Conduct benchmark studies of banks and their services to evaluate whether it fits requirements.  Meet with cash management banks to plan cash management vs. Granite's needs.  Evaluate alternative long-term borrowing strategies and make recommendations in accordance with the capital structure guidelines.  Manage, direct, and develop Cash Management staff.  Recommend, implement and maintain process improvements.  Provide technical and other support for mergers, acquisitions, and other projects as needed.