Mohamed Elsahary
Deputy Treasury Manager at Bedaya Mortgage Finance Co.- Claim this Profile
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Arabic Native or bilingual proficiency
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English Professional working proficiency
Topline Score
Bio
Credentials
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Financial Accounting Course
Highly Professional AdvisorsMar, 2023- Oct, 2024
Experience
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Bedaya Mortgage Finance Co.
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Egypt
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Financial Services
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1 - 100 Employee
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Deputy Treasury Manager
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Jun 2023 - Present
• Ensure the agreed credit or debit interest with banks is adhered to and properly accounted for, get Senior Management Approval for interest rates, and keep them up-to-date with the status. • Track bank facilities and settlement due dates and monitor the synergy of cash pooling for "compensation of excess and deficit treasury situations. • Contribute to team goals by proactively seeking out new business opportunities for high-value deposit-centric partnerships. • Inform and instruct clients about the dangers and needs of treasury management services. • Direct client evaluations of treasury management services; conduct on-site evaluations. • Prepare reports about business activities for internal use or public consumption, such as financial statements. • Follow up on the procedures for obtaining new lines of financing from the banks. • Monitor FX and interest rate trends, review FX and interest rate exposures, and recommend hedging strategies and forward deals. Show less
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Fawry Microfinance
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Egypt
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Banking
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300 - 400 Employee
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Treasury Supervisor
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Aug 2021 - May 2023
• Supervised and assisted in developing and implementing policies and procedures to ensure the collection of all funds in a timely and accurate manner. • Managed and monitored daily cash management transactions. • Determined the Company’s tax position and the applicability of taxable and non-taxable instruments. • Performed all ongoing daily cash transaction processing, Position consolidation, bank file interfaces, reconciliation, and reporting activities in an accurate and timely manner. • Conducted benchmark studies of banks and their services to evaluate whether they fit requirements. • Evaluated alternative long-term borrowing strategies and made recommendations based on the capital structure guidelines. • Prepared daily treasury transactions and ensured updating banks with the company's latest approved signatory matrix to guarantee accuracy and timeliness of delivery to the payee. • Handled the financing deal execution by interfacing with banks to speed disbursement, therefore meeting company needs. • Reviewed interest income and interest expense charged by banks to verify and ensure the accuracy of the application of the bank's interest rates agreed upon. Show less
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UE Finance
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Egypt
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Financial Services
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1 - 100 Employee
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Senior Treasury & Accounting Officer
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May 2015 - Jul 2021
• Supported all company departments with any required information. • Handled all types of trade finance transactions (LCS and LGS) with all banks and served as the primary point of contact regarding all finance transactions under supervision. • Worked closely with internal clients to ensure the smooth execution (including the exchange of information and flow of documents) of treasury processes necessitated by their activities. • Maintained liquidity and ensured the timely provision of cash resources necessary for sustaining ongoing activities. • Assisted in planning and executing short-term investments of excess cash and investing this cash in high-return products (treasury bills, investment certificates). • Communicated and followed up on any inconsistencies or transaction issues with the banks Show less
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ServFund
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Belgium
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Fund Accountant
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Jan 2013 - Apr 2015
• Participated in a regular rotation of trade processing and other accounting processes to prepare the fund accounting system for the next day. • Identified problems affecting accounting records and prices and communicate with asset managers about their resolutions. • Prepared and analyzed financial statements, including income statements balance sheets, and cash flow statements. • Collected data and prepared quarterly and annual reports for boards of directors and shareholders. • Calculated and processed income and expense accruals, including fee calculations and trading accruals. • Reconciled reports were provided to the client, including calculations of investor capital calls, distributions, and quarterly management fees. • Responded to Auditor inquiries and prepared the financial statements required for auditing. Show less
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Financial Accountant
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May 2010 - Dec 2012
• Secured financial information by completing database backups and maintaining the confidentiality of all information in compliance with business confidentiality policies and data protection legislation. • Kept up-to-date with financial policies, practices, and regulations. • Created monthly income statements and balance sheet reports, recommending financial action. • Audited financial records to ensure their correctness, carrying out internal audits. • Secured financial information by completing database backups and maintaining the confidentiality of all information in compliance with business confidentiality policies and data protection legislation. • Kept up-to-date with financial policies, practices, and regulations. • Created monthly income statements and balance sheet reports, recommending financial action. • Audited financial records to ensure their correctness, carrying out internal audits.
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Education
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2006 - 2010
Higher Institute of Studies and Cooperative Administrative
Bachelor of Business Administration - BBA, Business Administration and Management, General
Community
