Raheel Raza

Bachelor of Commerce with more than 08 years of professional experience in finance and treasury operations. Expertise in money market operations, financial reporting, cash and liquidity management, banking relations, treasury operations, and risk management.

Assistant Manager Finance & Treasury at Security Investment Bank Ltd. (2022-05 – Present)

Investment Bank / Non-Banking Financial Services Provider. Managing money market operations and treasury functions.

• Developed expertise in Money Market Operations, managing a portfolio worth PKR 600M, with regular transactions involving the purchase and sale of T-bills, Sukuk, and PIBs on behalf of the company.
• Financial Reporting of Accounts (Monthly, Quarterly & Annually) Finalizing and posting of Accruals.
• Responsible in fund's transfer like RTGs, Deposits. Monthly SBP Reporting (Statement of Assets & Liabilities).
• To manage Car financing and ensure that proper schedules are being made.
• To manage Investment in shares and recording of realized/unrealized gain.
• Reconciliation of Bank Statement and Ledger
• Monitor daily cash flow and ensure sufficient liquidity for operational and strategic needs.
• Manage short-term investments and borrowing to optimize return on cash.
• Maintain sufficient liquid assets (cash, bank balance)
• Ensure ability to meet short-term obligations
• Maintain relationships with banking partners and negotiate terms and services.
• Open, close, and manage bank accounts in accordance with company policies.
• coordinate with banks to placement of Bids surplus funds in term deposits
• Managing interest rate risk
• Oversee payments, cash positioning, and treasury transactions. Ensure accuracy and timeliness in reconciliation of bank statements.
• Monitor returns and maturity dates
• Optimize yield with minimal risk
• Process payments, receipts, and fund transfers Manage RTGS, IBFT, wire transfers, and cheques Ensure timely settlement of all transactions
• Assess and mitigate financial risks including currency and interest rate exposure.
• Work with internal stakeholders to implement effective hedging strategies.
• Compliance & Reporting: Ensure compliance with internal policies, and external regulatory requirements.
• Prepare treasury reports and dashboards for management review.
• Identify opportunities to automate and streamline treasury operations. Support treasury system implementation and upgrade

Senior Finance Officer at Fulcrum (Pvt) Ltd. (2020-03 – 2022-04)

Leading HR Company/Outsourcing Services Providers

• Prepare Daily Bank Liquidity Position
• Reconciliation of Bank Statement and Ledger.
• Prepare Debtor and Creditor Payment recordings and Reconciliation.
• Checking Payroll of different clients of companies like (P&G, Gerry Dnata, Colgate etc).
• Prepare and review provisions for incentive / bonuses through JV Posting as per company's Approved Human Resource Department Policies.
• Manage and Prepare Employee Loan and Advances Payments Records.
• Ensure that the Company's accounting records are well prepared and updated according using the best industry practices in a timely manner.
• Handling of Petty Cash, Company Cheque Books and Payment Vouchers on daily bases.
• Process Invoices through Inhouse MIS System and Create Financial Documents and Reports.
• Prepare all the Vendor's Payment and issue cheque to different Vendors.
• Prepare tax File (Income Tax Salary, Vendors Payment Rent etc.)
• Handle audits (internal & external)
• Prepare financial statements (Profit & Loss, Balance Sheet, Cash Flow)

Finance Officer at Hussain Brothers Interior (2019-09 – 2020-02)

Banking construction & interior design

• Prepare and maintain financial records, including ledgers, journals, and reports
• Handle accounts payable and receivable processes
• Perform bank reconciliations and monitor cash balances
• Assist in budget preparation and financial forecasting
• Ensure timely monthly, quarterly, and annual closing of accounts
• Monitor and control expenses and cost management
• Ensure compliance with tax regulations and financial policies
• Support audit processes (internal and external)
• Maintain proper documentation and filing of financial data

Bachelor of Commerce in Commerce – KASB Institute of Technology (2019)

Intermediate in Commerce – S.M Arts & Commerce College (2016)

Matriculate in Com-Science – Bright Future Academy (2014)

Certificate in I.T in Information Technology – Desirex Institute, Karachi (2015)