Ibrahim Saleem Khan

Treasury | Treasury Analyst
Lahore


Profile Views 729

Recommendations (0)
Last Seen: 01 May 2023 9:38 PM

Skills
Financial Accounting Debt Recovery VAT Financial Management Budgeting Financial Statements Excel SAP Financial Reporting Cashflow Statements General Ledger Bookkeeping Cost Controlling Internal Audit
  • Experience
    13 Years
  • U.A.E Experience
    3 Years
  • Industry
    Banking & Finance
  • Nationality
    Pakisani
  • Visa status
    Not Applicable
  • Qualification
    Master - Masters in Accounting
  • Driving License: UAE, Saudi Arabia, Pakistan
Other Matching Titles/Position
Treasury
Treasury Manager
Treasury Analyst
Industry Titles
Banking & Finance
FMCG
General

Summary of Career

1. Accounting and Financial Professional Possesses more than 13 years of experience working in diverse Financial Positions with multiple companies.


2. Possessing experience in Managing Accounts Payable of approx. 4 million monthly.


3. Reviewed financial records for accuracy, completeness, and adequacy to be presented in reports.


4. Ensured that the organization had sufficient cash to meet daily obligations.


5. Experienced in Developing Commercial Strategies, Financial Feasibility Studies for Commercial Proposals, Monthly Country/Regional Reporting, and Strategies to increase the commercial footprint.


6. Proficient in using SAP Business One, Oracle, MS Excel, MS Word, MS PowerPoint.


7. Excellent communication skills both verbal and written.


8. Handling the full spectrum of Financial and Cost Accounting role including AR, AP, GL, Forecasting, and Budgeting.


9. Budget preparation and expense management activities for assigned accounts. Monitor and record financial transactions according to company policies and regulations. Review and recommend changes to existing accounting procedures.


10. Developed and maintained internal control and effective accounting system and policies for the setup. Working consultatively with the respective departments on cost reduction initiatives.


Work Experience (Employment History)

Experience as Reporting/Analysis Client Relations Department (Remote)

  • Employer

    Cardinal Education

  • From

    07 July 2021

  • To

    31 March 2023

  • Detail

    • Helped design the pricing for different services offered, resulting in a 15% increase in new student enrollments within the first quarter.
    • Performed thorough analysis of market demand and commercial viability of target areas.
    • Assisted in creating a comprehensive commercial plan resulting in a 20% increase in revenue within the first year.
    • Additionally, I regularly reviewed and updated our pricing strategy, resulting in an additional 10% increase in revenue.

Experience as Banking & Treasury Accountant

  • Employer

    NRTC Dubai International

  • From

    14 August 2020

  • To

    13 April 2021

  • Detail

    • Developed cash management strategies with banks to stabilize the company's cash flow. Including assessing the import frequency to strike commercial commodities deals with the bank, resulting in cost savings of approximately AED 300,000 annually.
    • Researched commercial opportunities with other banks to provide more cost-effective contracts and reduce banking charges and fees, saving approximately AED 150,000 annually.
    • Challenged assumptions in seeking cost improvements in distribution costs, identifying cost improvement opportunities that led to proposed savings of approximately AED 500,000 annually.
    • Prepared and coordinated the distribution costs budget with the Supply Chain Controller and other relevant functions. The budget for the current year was set at AED 2,000,000.

Experience as Senior Accounts and Admin Officer

  • Employer

    Al Jazeera Safety Supplies LLC

  • From

    24 December 2019

  • To

    14 May 2020

  • Detail

    • Developed working capital forecasts on a quarterly basis, validating assumptions for the forecasts. The working capital forecast for the current quarter is AED 2,500,000.
    • Monitored and reported stock levels, analyzing and assisting in determining optimum levels. The company holds an average of AED 1,000,000 in stock at any given time.
    • Participated in efficiency/compliance improvement projects undertaken by the SC Controls team. These projects have led to cost savings of approximately AED 200,000 per year.
    • Monitored and reported bad goods, analyzing reasons, and tracking corrective actions. During my tenure, there were 20 incidents of bad goods, costing AED 10,000.

Experience as Accounts Payable Officer

  • Employer

    Mid East Jet Aviation

  • From

    01 January 2008

  • To

    01 March 2009

  • Detail

    • Reviewed all invoices for appropriate documentation and approval before paying for more than 100 invoices per month.
    • Responded to all vendor inquiries regarding fuel and handling charges, averaging 50 inquiries per week.
    • Maintained files and documentation thoroughly and accurately, ensuring compliance with company policy and accepted accounting practices.

Experience as Trade Finance Officer

  • Employer

    Dallah Albaraka Group

  • From

    03 March 2009

  • To

    01 April 2014

  • Detail

    • Consulted customers about issuing letters of credit and letters of guarantee, performing a letter of assignment, discounting, and post-financing operations.
    • Handled an average of 10 customer queries per day, resulting in a 20% increase in the company’s trade finance operations.
    • Prepared Bank Reconciliation for Dallah Group Co. N/R with Mashreq Bank in UAE monthly, reducing the average time taken to complete the reconciliation by 25%.

Experience as Senior Accountant

  • Employer

    Al Hassan Trading FZE

  • From

    05 April 2014

  • To

    28 February 2016

  • Detail

    • Managed a team of 3 junior accountants to ensure accurate and timely financial reporting.
    • Implemented new accounting software to automate the financial reporting process, resulting in a 30% reduction in the time required to produce financial statements.
    • Implemented new accounting software to automate the financial reporting process, resulting in a 30% reduction in the time required to produce financial statements.

Experience as Finance Manager

  • Employer

    Organabella

  • From

    15 July 2016

  • To

    31 December 2017

  • Detail

    • Identify and realize cost savings of at least 5% in distribution costs through the implementation of improved procedures and negotiations with transport vendors.
    • Reduce the average time to close the distribution costs period-end reporting process by 20% within the first quarter of employment.
    • Participate in at least 3 efficiency and compliance improvement projects per year with the SC Controls team, resulting in measurable improvements in process efficiency, risk reduction, or cost savings.
    • Maintain an optimal stock level of at least 90% for all products and minimize stockouts to no more than 1% of total sales.

Experience as Senior Credit Controller

  • Employer

    Haseen Habib Trading Private Limited

  • From

    17 May 2018

  • To

    15 November 2019

  • Detail

    • Carried out collection and reporting activities, performing account reconciliations and initiating collection efforts to communicate with customers via phone, email, mail, or personal visit. The average outstanding balance across all customer accounts was approximately PKR 5,000,000 per month.
    • Made recommendations to improve the quality of invoicing and collection procedures, resulting in a 10% reduction in the number of overdue accounts in the last quarter.

Academic Qualification

Master 30 November 2019

Masters in Accounting

Bachelor 31 August 2012

Bachelors in Commerce

Other 31 August 2007

Certified Accounting Technician from ACCA
Certifications
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Mentor
Ayyaz Ahmad

Experienced Finance Professional
Abu Dhabi

Last Login: 09 March 2024 8:03 PM
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