Assistant Manager Finance & Treasury - Security Investment Bank Ltd. - Karachi
(2022-05)
- 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 - Fulcrum (Pvt) Ltd. - Karachi
(2020-03 - 2022-04)
Senior Finance Officer at 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 - Hussain Brothers Interior - Karachi
(2019-09 - 2020-02)
Finance Officer in banking construction & interior design industry.
- 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
