Riyadh Hashim Al-Hashim
Finance & Treasury
Riyadh
Summary
Experienced professional corporate treasurer with a demonstrated history of working with semi-gov and listed companies (Group). Expert in collection, cash management, financing, payments, and money market investments. A strong relationship with SAMA & Local Banks. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.
Overview
19
19
years of professional experience
16
16
years of post-secondary education
3
3
Certificates
2
2
Languages
Work History
Treasury Director
General Authority for Awqaf
11.2020 - Current
- Establish Treasury Department, policy & procedures, and Department structure with JD.
- Manage treasury function for 3 different company codes in SAP.
- Build a Unitization Model for private & public AWQAF to distribute the income generated from different investments class by the unit price for each endowment in a mutual fund.
- Build collection procedures by diversifying the methods of collection from customers (Sadad, Tahseel platform, and POS)
- Managing and optimizing cash resources for public and private AWQAF, entity operation, and Waqfy platform (donation platform)
- Cash forecasting, investing excess cash in money market instruments.
- Appraisal investment opportunity from investment arm company (Equity, Murabaha deposits, Money Market, Sukuk bonds, alternative investment, DPM, and Investment Real Estate).
- Manage new company code function for private AWQAF in SAP system.
- A chair of one committee and a member of two committees.
Group Financing & Treasury Manager
Batic investments & Logistics Group "listed Company"
09.2019 - 11.2020
- Establishing treasury & financing Department for Group – a new role
- Setting up treasury & financing policy for the group. - Managing Cash flow for Batic and subsidiaries.
- Building relationships and partnerships with financial institutions.
- Managing group banks accounts, Online banking, and authority matrices mechanism.
- Provide Funding for the group from financial institutions (WCF, Project financing, corporate financing, LCs, and LGs).
- Build and manage the collection team.
- Assist in preparing the budget for the group.
- Provide Investing proposal for excess cash in financial market options. - Assist in pricing business services.
- Monitor & Improve collections & payments process for the group.
- Member of accounting system development team (Microsoft Dynamic), and member of Business Analysis.
- Participate in evaluating potential investments (Financial & Corporation).
- Attending and taking part in 2020G subsidiarity companies executives committee (AMNCO & MUBARRAD)
Head of Treasury & Investment Unit
Saudi Industrial Development Fund (SIDF)
03.2007 - 08.2019
- Establishing treasury & Investment Unit – a new role.
- Setting up strategy and implementing treasury policies and procedures.
- Managing Investment Fund worth 7 billion. - operate Treasury systems (in-house & SAP).
- Cash flow forecasting, Investment appraisal, and minimizing idle cash through netting and cash concentration.
- Maintain access to short and long-term financing.
- Assist with claims management (Accounts Payable).
- Assist in managing payments internally and developing payment solutions with banks.
- Assist Maintains General Ledger accounts, including additions, and deletions.
- Advise management on the liquidity aspects of its short- and mid-range planning.
- Ensure that sufficient funds are available to meet current and future obligations (operational expense and loan disbursements).
- Ensure accurate accounting of Treasury transactions.
- Work with internal and external auditors. - Collaborate with other departments and share financial information.
- Ensure accurate and timely monthly, quarterly, and year-end closing processes
- Prepare Income Budget.
- Oversee accurate and appropriate recording and analysis of revenues and expenses, making sure its compliance with accepted policies and procedures.
- Perform bank reconciliations of all bank statements against GL and reconciling any assigned clearing.
- Assist in updating revenue based on financing tracking sheets processing with the credit department.
- Build and manage relationships with banks and financial institutions.
- Member on SIDF initiatives valuation on 2016-2017 (Line of credit, letter of credit.
- Lease financing, merger & acquisition, issuing Sukuk, and pricing. - Member of ERP implementation team SAP (Finance Department).
Finance Department (Accountant)
Saudi Chemical Company
06.2006 - 03.2007
- Recording sales transactions.
- Payroll.
- Provide timely and accurate payment processing by processing accounts payable checks semi-weekly.
Finance Department (Accountant)
Kudu Food Company
11.2005 - 06.2006
- Recording daily sales transactions and Perform Journal entries.
- Petty cash auditing. - Bank reconciliation.
- Auditing monthly sales coming from branches and comparing them with sales recorded in the system.
Education
Global Executive Master in Management - Management
06.2023 - 12.2024
Master of Science - accounting & finance
04.2001 - 01.2012
Bachelor of Science - accounting
04.2001 - 01.2005
Skills
Operations Management
undefinedCertification
Certified Financial Consultant (CFC)
Accomplishments
- Established Treasury functions and system (sap & Microsoft dynamic) for SIDF & Batic & Awqaf.
- Set the investment policy (money market options) for SIDF.
- Set Collection policy and build the team for Batic Group.
- Build and maintain Banking relationships.
- Participant to develop and execute payment methods (online, B2B) for SIDF, Batic & Awqaf.
- Participant to secure corporate loan for a start-up company (the first business model in the Middle East).
- Secure loan for buying medical equipment from China. Negotiate and manage shipments delivered from China with the factory within tight deadlines set by NUBCO.
- Manage Fix-Income portfolio (Billions).
Timeline
HEC Paris - Global Executive Master in Management, Management
06.2023 - 12.2024
Treasury Director - General Authority for Awqaf
11.2020 - Current
Group Financing & Treasury Manager - Batic investments & Logistics Group "listed Company"
09.2019 - 11.2020
Head of Treasury & Investment Unit - Saudi Industrial Development Fund (SIDF)
03.2007 - 08.2019
Finance Department (Accountant) - Saudi Chemical Company
06.2006 - 03.2007
Finance Department (Accountant) - Kudu Food Company
11.2005 - 06.2006
Bangor University - Master of Science, accounting & finance
04.2001 - 01.2012
King Saud University - Bachelor of Science, accounting
04.2001 - 01.2005
Training
Financial Modelling Master, Leorn, 2022.
Certified Financial Management Professional, LEORON Dubai, 2021.
Business analysis career starts Charles strut university, IT masters, 2020.
Mobilizing people (Leadership program). IMD Switzerland, 2019.
Treasury Management, London Corporate Training, 2018.
Advanced Supervisory Skills, Dubai, Meric, 2017.
Frontline Supervision Program, KAEC, Kawader Management Consulting, 2016.
ILM Level3 Certificate in Leadership and Management, Leorn, 2016.
Corporate Financial Planning, London Corporate Training, 2015.
International Financial Reporting Standards, London, EUROMONEY, 2014.
Budgeting, Planning & Management Reporting, Glomatech, 2013. Financial Analysis, Planning, and Control, London, UK, 2010.
Financial Analysis: attend four months CFA Program, 2010.
Passed An intensive five-month in-house training course focusing on auditing and accounting. CPA programme by SIDF 2009
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