Jeevithaa Somasundaram Email & Phone Number

Manage Treasury activities of the AWR Group including cash and Liquidity management, trade Finance, And Treasury operational and controls and support the management of risk management.

United Arab Emirates

Develop cash flow forecasting models based on analyses of both historical trends and current transactions. Establishes daily and weekly cash forecast in treasury management system; monitors and maintains forecast against established plans and as business conditions evolve.Reviewing group and individual business cash flow forecasts, planning group liquidity needs, developing recommendation for shortfalls/ placing fixed deposit to ensure optimizing return on cash surpluses.Responsible for company’s loan portfolio: arranging, executing and operation of short-term loans to support group business.Manage the corporate inter-company loan portfolio including such functions as recording and preparing loan documents and journal entries, recording monthly interest accruals and reconciling monthly activity.Manage and support the business with trade finance instruments such as Letter of credits, Standby letter of credits and Bank guarantees.Execute foreign exchange spot, forward and swap trades in Bloomberg and provide analytical support to the group treasurer in foreign exchange risk management (total exposure vs hedged) and interest rate risk management Lead bank accounts opening and closing and maintain bank account master data ;Liaise with banks on updating KYC and bank authorization matrix regularly; Also, to keep an internal track for any changes and send out a prompt notification ; Develop, manage and review an assessment matrix for on-boarding new banks. Assist with cash Management annual projects and working group committees, assist in development, implementation, and optimization of treasury management system (TMS) Prepare the weekly and monthly treasury reports including but not limited to evolution of the debt/cash/contingent liabilities of the Company, bank positions, cash and liquidity projections, etc.

United Arab Emirates

 Analyse key management accounts of division on a monthly basis, while ensuring appropriate report to deliver excellent results. Prepare quarterly and annual sub-schedules, variance analysis, and free cash flow statements. Analyse and monitor high impact of financial markets based on best performance of products and services in a proper manner, while synchronising and negotiating loan and overdraft relationships with company bankers. Improve financial reporting process, while shifting excellence effort to review and arrange financial statement properly, as well as establish a direct cash flow model in link with financial analysis at the same time. Deploy appropriate presentation based on debt equity funding recommendation, while making right decisions for analysis of working capital along with improve an effective process of financial analysis through high-level rat

Revised and consolidated budget inputs, prearranged guidelines and offers for finance and senior management at the same time. Delivered active support to senior management that involved in arranging board/ financial presentations, capital expenditure, industry/ peer group comparisons, new business opportunities and additional selected projects..

Sri Lanka

Functioned as Audit Trainee to evaluate inventory valuation, monitor debtors, creditors and bank reconciliation. Enhanced financial and business procedures to identify weaknesses, major controls and value added opportunities. Verified external audits in several organisations that included manufacturing, marketing, catering and automobile companies. Built, spearheaded and maintained long-term relationships with customers in a professional manner.

Certificate In Treasury (Certt)

2012, Accounting And Business/Management