Basic Info

Tarek Shaaban

9 years

Alexandria, Egypt

Diploma

Experienced

Work Experience

Senior Treasury accountant at Abuqir fertilizers and chemical industries

Experience Details

Senior Treasury accountant

Accounting/Finance

Experienced (Non-Manager)

* maximizing the value of the firm through treasury operations which include the following :-

regular Operations :-
• Liaise between all business units (relevant departments) and Banks to understand and explain the project financing needs.
• Perform day-to-day treasury operations of Cash & Trade Finance transactions to ensure that work processes are implemented as designed and comply with established policies, processes and procedures
• Valuation of different fixed income securities and money market instruments to maximize the added value to the organization ( Treasury bills , Treasury bonds )
• Support the clearance officer in by preparing the required forms to avoid any demerge cost
• Prepare Cash Management & Cash flow Projections.
• Prepare all bank correspondences.
• Collect Daily Bank statement from the Business Units and send it to the concerned parties
• Support AR & AP team by providing them with needed Bank data
• Performing negotiations with several banks to try to maintain and obtain most effective packages in the market
• Follow up on daily basis foreign exchange rates to avoid any losses on the monthly reevaluation for our bank facilities and deposits.

• Match the book balance with the outstanding report received from the bank
Bank Brief
• Issue monthly Brief report for all bank movements and issue all related bank transactions and classifying the transactions among each department
• Perform monthly transactions on the Oracle system.
• Support GL team in Bank reconciliation transactions

Daily Cash and Bank Position/Reporting
• Prepare Cash & Bank position for all related Business Units and ensure there’s a sufficient balance for all payments with follow up with Account receivables for Rejected Cheques and Collections swifts to facilitate the collection process.
Fulfilling Bank requirements/documentations :
• Prepare the Draw Down & Notice of Utilization for the new Agro Company covering payments and fulfill the Supporting documents & follow up with bank to transfer the money to the company’s account

Financing issue :
• Sharing the negotiations with banks to get the best offers regarding the financing of the prospective and the potential expansion / new projects .
• Following the movements of loans obtained by the company to ensure proper calculation of the debit interest and other items related to cost of capital
*Responsible for interest and debt analysis, with provision of relevant information and report

Payment Transactions
• Keep company’s checks books in order to issue all required payment to various suppliers & vendors as per alignment with AP section on daily basis foreign transfers, and support by the payment swifts.

Letter of credit
• Co-ordinate with local and foreign banks to monitor incoming L/Cs
• Liaise with advising banks regarding L/C confirmation
• Prepare all bank correspondence on matters pertaining to internal transfers, Confirmation, acceptance or rejection of L/Cs
• Matching the book balance with the outstanding report received from the bank

Cash Against Documents ( CAD)
• Communicate between customers and banks in order to make sure that documents are being sent smoothly from customers to bank & communicate with Accounts Payables to prepare the payment transactions & send the original documents & forms to the clearance officer
• Match the book balance with the outstanding report received from the bank

Letter of guarantees
• Monitor all Letters of guarantees received from the customers and communicate with all related parties
• Renewal/ amendment of the Letter of Guarantee; communicate with suppliers regarding letters of Guarantee, make sure that it matches with the company approved forms in order to secure the company rights.
• Monitor all Letters of guarantees for issued from our accounts and communicate with all related parties.


Company Details

Abuqir fertilizers and chemical industries

Alexandria, Egypt

More than 1000 employees

Chemicals, Manufacturing

www.abuqir.net

Jun 2008 to present (8 years 7 months)
Junior banking officer at National bank of oman

Experience Details

Junior banking officer

Banking

Entry Level

• Responsible for Clearing and Collection of Checks.
• Responsible for issuing pay orders , certified checks , telexes
• Teller


Company Details

National bank of oman (multinational)

Alexandria, Egypt

N/A

Banking

N/A

Nov 2007 to Jun 2008 (7 months)
Junior accountant at Lord precision industries

Experience Details

Junior accountant

Accounting/Finance

Entry Level

• Same Treasury operations performed at Abuqir fertilizers co.
• Ensure effective, efficient and accurate financial operations related to customer sales and account receivable (AR)


Company Details

Lord precision industries

Alexandria, Egypt

N/A

FMCG

N/A

Jun 2006 to Nov 2007 (1 year 5 months)

Achievements


• I was awarded “employee of the year “for the year 2014 and I was given that award due to my contributions in the success of my employer's through some deals and agreements with certain banks that were initiated by me and well perceived by various banking units who in turn implemented it with their clients patented to my employer's name .


i was awarded " appreciation letter " from the regional bank management as i shared my team in completing some extra tasks within the required time span .


Education

College Diploma in financial management

Education Details

College Diploma

financial management, investment

Alexandria University, Egypt

B / Very Good / 75 - 85%

financial management investment financial institutions

N/A

Alexandria University
2010 - 2011
Bachelor of Commerce in accounting

Education Details

Bachelor of Commerce

accounting

Alexandria University, Egypt

C / Good / 65 - 75%

N/A

N/A

Alexandria University
2001 - 2005
Bachelor of Commerce in accounting

Education Details

Bachelor of Commerce

accounting, financial management, investment

Faculty of Commerce, Alexandria University, Egypt

C / Good / 65 - 75%

N/A

N/A

Faculty of Commerce, Alexandria University
2001 - 2005

Certifications

Certificate details

diploma in financial management

Jun 2011

3.399 out of 4

N/A

N/A

, Faculty of Commerce

N/A

Certificate details

ICDL certificate ( version 4 )

Nov 2007

N/A

N/A

N/A

ministry of communications and information technology

N/A

Certificate details

soft skills course

Oct 2007

N/A

N/A

N/A

fujitsu

-leadership
-project management
-plan your own development
-working in teams
- report writing
- creating your sales plan
- giving presentation
– starting the sales
-persuading with numbers

Training and Courses

Training/Course Details

ICDL

Nov 2007

Ministry of communications and information technology

N/A

Training/Course Details

soft skills course

Oct 2007

Fujitsu

leadership -project management -plan your own development -working in teams - report writing - creating your sales plan - giving presentation – starting the sales - persuading with numbers

Training/Course Details

letter of credit course

Apr 2009

Team

N/A

Training/Course Details

letter of credit course

Apr 2009

Team

N/A

This profile is fresh!
Last update 4 days ago.

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Profile Skills and Keywords

AccountingAdaptiveAnalyticalBankingChemicalsCreativeCustomer Sales And A/RDiploma In Financial ManagementEnglishFMCGFinanceFinancial ManagementFlexibleHard WorkerICDLICDL Certificate ( Version 4 )InsuranceInternetInvestmentJunior AccountantJunior Banking OfficerLetter Of Credit CourseManufacturingMicrosoft OfficeNational Bank Of OmanProblem SolverReadingSenior Treasury AccountantSoft Skills CourseSportStudyingSurveying InternetTreasury

Self-assesed Skills

Languages

English

English

: Fluent

: Fluent

: Fluent

: Intermediate

Tools and Technologies

surveying internet

surveying internet

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

customer sales and A/R

customer sales and A/R

: Expert

: Extreme - I love it!

:

1-3 years

treasury

treasury

: Expert

: Extreme - I love it!

:

More than 7 years

investment

investment

: Advanced

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Hard worker, Creative, Problem Solver, Flexible / Adaptive

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