Accomplished and results-oriented Treasury Director / Head with over 20 years of experience in overseeing and optimizing corporate treasury operations, cash management, liquidity planning, risk management, and capital structure. Adept at developing and implementing comprehensive treasury strategies that align with organizational goals, enhance financial stability, and drive cost efficiencies. Proven track record in leading cross-functional teams to manage working capital, financial risks, and complex investment portfolios while ensuring compliance with regulatory requirements.
Skilled in building strong relationships with financial institutions, stakeholders, and investors, and negotiating favorable terms for credit facilities, debt financing, and foreign exchange management. Expertise in leading the execution of treasury operations, including cash forecasting, short-term and long-term financing strategies, hedging, and treasury technology systems. A strategic thinker with an eye for identifying opportunities to enhance treasury processes and safeguard corporate financial health in a dynamic business environment. Strong communicator and influencer with a history of delivering measurable value to the organization and its stakeholders.
• 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
Core Competencies:
SOCPA, KSA
Inventory Variances Control in Fakeeh Group
Treasury & Inventory KPIs achievements