Financial Risk Management Division

Financial risk management is the practice of identifying, assessing, prioritizing, and developing actions
to address financial risks including revenue leakages and Fraud losses. Revenue Assurance is
considered to be the job of finding revenue losses that occur because of errors and problems, while
Fraud is viewed as the process of finding revenue losses that are the result of someones decision to
intentionally try to create a leakage and to benefit t from it.
The revenue Assurance & Fraud Management unit purposes are to:

Identify those areas where leakage or might occur in the future and take action to prevent that
from happening

Leakage & loss Management through the investigation of suspected leakages and / or loss
incidents to determine the extent, risk and root causes associated with it so as to define the
appropriate treatment and taking the required remedial counter measures

Leakage and loss Prevention through putting controls, procedures and mechanisms in place
that help anticipate and prevent future leakage.

Risk Assessment Establishing a certain level of confidence for management that the revenue
realization process is working as it should be while providing visibility over detected leakages
and losses.

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Treasury Investment & Banks Relations
The mission of the Treasury Investment & Banks Relations department In essence, revolve around the
monitoring of cash, the use of cash, and the ability to raise more cash. All other tasks of the
department support these functions in specific to undertaking the whole cash operations management
and operations process starting with the receipt of all customers, resellers, distributers payments
through different payment channels ending to our banks accounts.
Manage the liquidity of the business by the means that all current and projected cash inflows and
outflows must be monitored to ensure that there is sufficient cash to fund company operations, as well
as to ensure that excess cash is properly invested. While accomplishing this mission, the treasurer
must engage in considerable prudence to ensure that existing assets are safeguarded through the use
of safe forms of investment and hedging activities.
Provides management team with reporting concerning market conditions, returns on investment, cashrelated risks, and similar topics.