Amir Butt, ACMA, Treasury Director / Head

• Handling 10+ group companies, 6 banks, 50+ bank accounts,
• Funding all existing and new projects
• Handling Credit Facilities with 3 different Major banks.
• Transformation to 100% group Digital banking,
• B2B arrangements with banks,
• Payroll, POS & E-commerce agreements
• short term investments / deposits
• Funds Management (Controlling all Funds traffic)
• Working to Improve CCC and CF Timeline
• Cashflow & Forecast (Daily, weekly, monthly and quarterly)
• Yearly Budgeting every major inflows and outflows
• Various Scenario and Sensitivity analysis
• A main point of coordination among AP, AR, HR, PMO, Banks and other internal departments
• Interest and Cost of capital calculations
• Interest capitalization and projects' cost calculations
• Optimization of short term Funding Cost
• handling credit facilities of SR 3.5B (Draw downs, Roll overs, Repayments)
• Liquidity Management (avoiding any surprise hustle)
• Closed follow ups with Collection teams
• Arranging funds for Group VAT, Zakat, Gosi, Payrolls, EOS, Loans repayments, Interest repayments,
Utilities, Rents, Dividends, Contractors, Projects, Acquisitions, Capital Increases, Long term investments
• Closely monitoring all group banks and funds availability in order to move and utilize the funds efficiently
• Managing, Controlling and paying 1000+ group regular utilities accounts and payments online
• Controlling and monitoring all Cash inflows and outflows in group accounts
• Balancing among Short term loans, Short term deposits and committed payments
• Opening, renewing, updating, handling and closing Bank accounts / sub-accounts
• Issuing, Managing and controlling Group LCs, LGs and their movements/payments through banks
• Opening and handling Investment / Portfolio accounts
• Handling Shareholders' Heirs' Account for different Investment transfers and ST investments
• Applying BOD approved delegation of authorities in Normal/online banking