Rami Adel Selim

Senior Finance Manager (Group Treasury and Budget Senior Manager)Full Time

• Job Details:• Treasury Team Leadership: including hiring, training, mentoring, and evaluating team members. • Treasury Operations Oversight: cash and debt management, liquidity forecasting, investment, and risk management activities. Ensure adherence to policies & procedures. • Financial Analysis & Reporting: Oversee the preparation and analysis of financial reports, including cash Position, cash flow forecasts. interpret financial data to identify trends, risks, and opportunities, & provide strategic recommendations to senior management. • Relationship Management: Maintain relationships with external stakeholders. Optimize treasury operations & secure competitive terms. • Cash Flow and Working Capital Management: Implement strategies to optimize the working capital & liquidity positions. Monitor and analyze, funding requirements & cash conversion cycles. • Technology and System Enhancements: Stay abreast of technological advancements in treasury management systems and identify opportunities to enhance treasury operations. • Board and Executive Reporting: Prepare and present treasury-related offers, reports, analyses, and presentations to the executive team, board of directors, and other relevant stakeholders. 1. Budget Development: Collaborate with facility management teams to develop and maintain the annual budget. Gather input from various departments to ensure accurate forecasting and allocation of financial resources. Analyze historical data, and future needs to establish realistic budget goals and targets. 2. Expense Monitoring and Control: Monitor and track facility-related expenses, including maintenance and repairs, utilities, supplies, equipment, and contracted services. Regularly review expenditure against budgeted amounts, identify cost-saving opportunities. 3. Financial Analysis and Reporting: Analyze financial data and prepare comprehensive reports, including variance analysis, financial projections, and performance metrics. 4. Capital Planning and Asset Management: Collaborate with the facility management team to develop capital expenditure plans for facility improvements, renovations, and upgrades. Evaluate the financial feasibility of proposed projects, conduct cost-benefit analyses, and prioritize capital investments based on strategic objectives, return on investment. 5. Vendor and Contract Management: Review and negotiate contracts with external vendors and service providers, ensuring favorable terms and conditions while maintaining budgetary constraints. Monitor contract compliance and performance, including service levels, pricing, and invoicing accuracy. Identify opportunities for cost optimization, such as renegotiating contracts or seeking alternative vendors. 6. Cost Estimation and Forecasting: Work closely with facility managers and other stakeholders to estimate costs for planned projects, renovations, or facility expansions. Provide accurate and detailed financial forecasts to support decision-making and resource allocation. ensure adherence to approved budgets during project implementation. 7. Financial Compliance: Ensure compliance with financial policies, regulations. Collaborate with finance and audit teams to facilitate financial audits, internal control assessments, 8. Stakeholder Communication: Effectively communicate budgetary information, financial performance, and cost-saving initiatives to relevant stakeholders, including senior management, facility managers, and other departments. Provide insights and recommendations to support strategic decision-making and cost optimization efforts.

Treasury ManagerFull Time

• Job Details:• Acquire the required finance through the adequate debt instruments, for real estate delivered units finance, the Discounting or Portfolio acquisition methods will be more favorable , for undelivered units the most favorable method will the project finance method , in order to finance the company working capital and push up the constructions and delivery of the new units, and use the new delivered units to be re-financed again , which to reach higher projects development completion percentage and attain the ultimate goal of Creating a sustainable community in Somabay by 2025. • Prepare the required financial models presented to the banks to acquire the required finance for both (Real Estate and Hospitality (hotels) sectors and play a major role as a focal point between the company departments to acquire all of the data aspects required to build the models. • Negotiation with NBE for defaulted loan settlement as per the CBE Tourism initiative • Review all of the company legal contracts (Debts, Payment Gateways , ATM’s ,Banks POS , Valu and Fawry) and give the financial clearance. • Released support Commercial mortgage over Sheraton Somabay and breakers Diving hotels after 2 decades • Acquire required finance for hotels Renovation plans through financial institution according to the CBE Tourism support initiative 8%. • Monthly Closing Function for Debts and time Deposit’s accruals • Reconciliation with the accounting for all banking accounts • Daily reconciliation to ensure the clearing and settlement of issued notes payable. • Ensuring the accuracy of Cash flow forecast through the Coordination of between the Receivables and Payables • Follow up the reduction of days receivable and extending days payable. • Handling all cash management operation transfers, FX, Cash investment TD’s & TB’s for 11 Company operating companies under the group portfolio • Implementation of hedging strategies to mitigate risks related to (IR/FX) exposure

Deputy Treasury ManagerFull Time

• Job Details:Negoitiating over new debt to meet the operation requirements, following up the financial payments and soundness of the payments, debt budgeting , adequate cash position all the time to me the senior management financial plan.