Ayed Al Farah
Amman,Jordan
Summary
An Economist and Financial Specialist with 13 years of experience in Banking, Account Payable, Payments and finance.
Holder of a master’s degree in international economy & business, consistently seeking challenges at both academic and personal levels. Possesses analytical, organized, and detail-oriented financial and banking expertise, with experience spanning of the entire spectrum of corporate/ Retail financing banking and cross border payments. A collaborative team player with an ownership mentality, have a proven track record of delivering top-quality strategic solutions to overcome financial challenges and drive business growth.
Overview
15
15
years of professional experience
Work History
FINANCE AND PAYMENT CONSULTANT
FAO Shared Service Centre
11.2022 - Current
- Orchestrate digital payments for a multi-country Vertical Integration project and supported the project manager in the transition of related workloads, achieving 90% efficiency
- Analyzed transaction, reconciled accounts, and ensured accuracy reducing the number of rejected and returned payments which resulted in improving the relationship with suppliers
- Ensure financial process quality and support country teams in achieving compliance with financial regulations and rules
- Extended financial expertise across Africa and Asia, supporting 8 new countries in launching the vertical integration project
- Spearheaded new financial process automations, addressing payment issues with corporate banks.
Accounts Payable Specialist
FrieslandCampina
03.2021 - 07.2022
- Processed invoices from Dutch market vendors using different ERP systems (SAP, Oracle, etc.), ensuring accuracy and adherence to company policies.
- Managed accurate invoice allocation, classification, and coordinated timely payments to vendors, maintaining compliance with terms.
- Invoice Booking (100 per day)
- Maintained 95% accuracy while processing $1,000,000 worth of payments.
Financial Administrative Assistant
UNESCO
03.2018 - 03.2019
- Managed critical financial functions, including project payments to staff members and third parties
- Expertly reconciled invoices and aligned payments with contractual terms, emphasizing attention to detail
- Verified banking transactions and salary disbursements, maintaining strict adherence to internal controls and regulations
- Calculated and validated allowances, led precise bank reconciliation efforts, and ensured meticulous record-keeping
- Acted as the bank's focal point, reconciled and followed-up on Bank documents
- Demonstrated commitment to compliance, training staff, adhering to policies, and collaborating for effective solutions.
- Increased efficiency of invoicing procedures by developing a streamlined system for tracking payments and updating account statuses.
- Recorded new hires, transfers, terminations, changes in job classifications and merit increases to main human resources files.
Branch Sales & Service Officer
Standard Chartered Bank
09.2014 - 03.2018
- Consistently achieved financial metrics, focusing on current and savings accounts, credit cards, and personal loans as outlined in the scorecard
- Oversaw teller transactions, managed cash flow, and executed credit analysis for lending purposes
- Played a key role in coordinating and reconciling bank documents, promptly addressing discrepancies
- Provided guidance on financial processes to staff and customers, supervising daily transactions and promoting collaboration
- Provided seamless financial process guidance to branch staff and customers, emphasizing procedural expertise; effectively supervised daily teller transactions, maintained precise cash flow, and fostered a collaborative team environment
- Acted as Deputy Branch Manager, with delegation of authority was $5 million
- Executed periodic revisions for Foreign Account Tax Compliance Act (FATCA) procedures, customer due diligent & Enhanced due diligence reports.
Customer Service Officer
Audi Sal Bank
07.2009 - 11.2013
- Prepared Letter of Guarantee and Letter of Credit applications
- Reviewed balance sheets and statements of income for corporate customers
- Created Personal, Savings, Time - Deposits and Salaries accounts.
- Facilitated training sessions for newly onboarded staff at the bank
- Managed the dormant accounts (10 per month).
- Ensured compliance with money laundering prevention, KYC/AML
- Processed monthly payrolls and Wire transfers (More than 200 transfer per month).
- Assist in rescheduling due payments within the collection plan.
- Offered advice and assistance to customers, paying attention to special needs or wants.
- Promoted available products and services to customers during service, account management, and order calls.
Education
Master of Science - International Economy and Business
Budapest Business School
Budapest, BU05.2022
Bachelor Degree - Business Economy
The University of Jordan
Amman-Jordan09.2009
Skills
- ERP AP (Oracle, SAP, Cloudscan, Routty, Baseware, Baseware legacy RSO Oracle)
- Transition and Centralized projects experience
- Excellent written Financial & Economic Reports & deep Knowledge in Human Resources
- Problem solving skills & Decision maker Expert in FATCA and KYC
- Excellent organization skills Time management skills
- Ability to anticipate future trends and keep pace with new technologies
- Expert knowledge in compliance requirements with banking policies (operational risk, sales processes, anti-mis-selling), bank's Code of Conduct, money laundry standards and policies
- Virtual and Digital Payments
- Computer Software Proficiency
- Remote Office Availability
Languages
English
Arabic
Italian
Hungarian
Hobbies and Interests
- Sports (Soccer and Fitness trainings)
- Sport Actor and Feature Actor (Series & Movies)
- Ex-Soccer player
Timeline
FINANCE AND PAYMENT CONSULTANT
FAO Shared Service Centre
11.2022 - Current
Accounts Payable Specialist
FrieslandCampina
03.2021 - 07.2022
Financial Administrative Assistant
UNESCO
03.2018 - 03.2019
Branch Sales & Service Officer
Standard Chartered Bank
09.2014 - 03.2018
Customer Service Officer
Audi Sal Bank
07.2009 - 11.2013
Master of Science - International Economy and Business
Budapest Business School
Bachelor Degree - Business Economy
The University of Jordan
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