Experience as Deputy Manager Finance

• Employer

  EFU General Insurance Limited

• From

  31 March 2023

• To

  To date

• Detail

  Preparing investment income schedules for Debt and Equity Securities.
   Financial accounting of income accruals, income received, purchase / sale of instruments and gain / loss on trade & market values.
   Financial reporting of investment income and other comprehensive income.
   Assisting in financial reporting & preparation of consolidated financial statements.
   Monthly Investment income projection.
   Statutory reporting to State Bank of Pakistan and Securities & Exchange Commission of Pakistan.
   Presentations and working papers for Investment committee meetings of BODs.
   Presentations and working papers for AM Best credit rating of the company.
   Bank reconciliations of multiple bank accounts.
   Performing tasks by using Oracle Applications, MS Excel, MS Word and MS Outlook.

Experience as Assistant Manager Finance

• Employer

  JS Investments Limited

• From

  18 October 2021

• To

  30 March 2023

• Detail

  d:
   Monthly group reporting to parent company.
   Filing monthly sales tax returns.
   Preparing daily reports including forecasted cash requirements and bank position reports.
   Preparing bank account reconciliations.
   Opening of new bank accounts & correspondence with banks.
   Reviewing payments made, ensuring charge to proper cost centers, timeliness and proper authorizations are performed.
   Arranging funds transfers, RTGS request and recording bank receipts.
   Performed tasks by using ERP Applications, MS Excel, MS Word and MS Outlook.

Experience as Senior Executive Finance

• Employer

  Jubilee Life Insurance Company Ltd

• From

  28 July 2021

• To

  30 September 2021

• Detail

   Preparing monthly accrual schedules.
   Reviewing AP booked by the team on daily basis, ensuring accuracy, deadlines are meet and SOPs are followed.
   Keeping track of expenses as per approved budgets of respective units.

Experience as Deputy Manager Finance

• Employer

  EFU General Insurance Limited

• From

  12 September 2017

• To

  27 July 2021

• Detail

   Reviewing daily cash positions of branches and arranging remittance of excess to head office.
   Preparing daily reports including forecasted cash liability, bank position and net remittances reports reflecting inflows and outflows
  of all branches.
   Reviewing, finalizing and disbursing payments received from various departments of the company.
   Processing insurance claims by ensuring proper documentation and authorization of concerned department heads.
   Preparing bank account reconciliations for bank accounts maintained under books of Head office.
   Reviewing bank reconciliations of accounts maintained by 25 branches of EFU all over Pakistan.
   Arranging funds transfers & RTGS request to meet cash needs of branches timely.
   Recording remittances in MIS.
   Setting up new bank accounts & correspondence with banks.
   Participate in special projects, duties and responsibilities as assigned by the Treasury Manager & Chief Financial Officer. These special
  projects includes reviewing quarterly & annual financial statements & notes.
   Performed tasks by using Oracle Applications, MS Excel, MS Word and MS Outlook.
  Performing KYC due diligence procedures on wide range of client types including public & private limited companies, trusts,
  partnership firms, NGOs, etc.
   Performing enhanced due diligence via National Database and Registration Authority (NADRA), Federal Board Of Revenue (FBR) and
  Securities & Exchange Commission Of Pakistan (SECP)
   Screening clients’ activities & operations in light of Anti-Money Laundering regulations.
   Reviewing legal & financial documents (including financial statements, Bank statements, Incorporation certificate, Memorandum &
  Article of association, etc.) of clients for due diligence purpose.
   Documenting results of KYC procedures in MIS as per guidelines of regulatory authority i.e Securities & Exchange Commission Of
  Pakistan (SECP).
   Assisting Compliance department with the drafting of regulatory reports and responses to inquiries as necessary.
   Developing and implementing a streamlined process of KYC and AML data collection.
   Preparing presentations for board meetings over AML & KYC regulations and its adherence.
   Monitor receivables of all branches to ensure monies due to the organization are collected promptly.
   Report and monitor any deviation from the outlined credit standards.
   Providing quarterly & annual accounts receivable budget information, identifying variances and implementing corrective actions.
   Weekly reporting of client’s outstanding, age analysis and adjustments.
   Manage and establish credit limits of customers, while conducting credit check on the customers.
   Make recommendations to improve quality of invoicing and collection procedures.
   Maintain financial security by adhering to internal accounting controls.
   To support financial planning by forecasting cash flows

Experience as Assistant Manager Finance

• Employer

  Tabani Real Estate

• From

  25 May 2014

• To

  30 April 2017

• Detail

  Responsibilities included:
   Carrying out general accounting and administrative duties.
   Producing monthly and annual financial statements, preparation of spreadsheets and reports.
   Preparing group balance sheets and other financial statements.
   Preparation of current & projected cash flow statement, daily cashbook management including petty cash.
   Following up for receivables & settling payables.
   Processing payments to vendors as per payment protocols set by management and managing staff payroll section.
   Reconciling monthly statements from related parties.Page 3 of 3
   Dealing with bank for all sorts of banking transactions.
   Preparation of bank reconciliation statements.
   Processing accounting entries by compiling and analyzing supporting information.
   Maintaining financial records and documenting accounting process to ensure internal control over financial data.
   Reporting to directors along with interpretation of financial records.
   Coordinating with property management section.
   Task performed using Tally.ERP Applications, MS Excel, MS Word and MS Outlook.