Experience as Head of Banking & Treasury & Financial Planning

• Employer

  Secure Logistics Group

• From

  12 December 2022

• To

  08 July 2023

• Detail

  • Oversee forecast cash flow positions, related borrowing needs and funds available for investment
  • Review capital structure, funds raising and debt repayments management
  • Ensure sufficient funds are available to meet ongoing operational and capital investment requirements
  • Advise management on the liquidity aspects of its short- and long-range planning
  • Keep an efficient system of policies and procedures that impose an adequate level of control over treasury activities.
  • Maintain credit rating agency relationships
  • Debt portfolio management of more than Rs 1 billion covering leasing finance, RF,running finance, SBLC,LG.
  • Investment of short term cash surplus in money market instruments, making recommendations to the CFO
  • Price negotiations with lenders
  • Facilitate the annual strategic planning and budgeting financial process
  • Financial projections through financial model
  • Evaluations of CAPEX
  • Analyze business units’ monthly/quarterly financial results (versus forecast, prior year, budget)
  • Identify noncompliance with the financial covenants of debt agreements and other statutory requirements
  • Oversee the risk mitigation of assets through effective insurances coverage
  • Ensure timely annual renewals at minimum insurance premium & successful closure of all insurance claims.
  

Experience as Senior Manager - Funds

• Employer

  PTCL

• From

  28 September 2018

• To

  04 August 2022

• Detail

  • Managed and monitored retirement schemes (General Provident Fund of Rs. 4.6 billion and Gratuity Fund of Rs. 1.7 billion)
  • Prepared financial reports for the funds and fulfilled compliance duties
  • Performed monthly financial analysis and presented to the Board of Trustees
  • Managed investment portfolios and ensured that funds are meeting performance targets
  • Reviewed composition of investment portfolio quarterly and ensured it aligned with the fund’s policy
  • Prepared strategies and protocols to mitigate shortfall risk of the investment portfolios
  • Reviewed and evaluated investment proposals and made recommendations to the Board of Trustees
  • Established and maintained excellent relationships with financial institutions
  
  

Experience as Additional Role of Financial Controller in Rashid Khan Trust of the Company (NPO for employees/ public)

• Employer

  PTCL

• From

  20 May 2019

• To

  31 March 2022

• Detail

  • Drafted policies and procedures for the Trust
  • Managed all financial operations (funds raising, budgeting, financial accounts, compliance duties, external audit responsibility and tax returns).
  • Monthly presentations to Board of Trustees.
  

Experience as Treasury Manager

• Employer

  PTCL

• From

  01 May 2013

• To

  27 September 2018

• Detail

  • Corporate cash management of over Rs. 4 billion
  • Effectively managed relationships with banks and agents to ensure that the transactions are processed accurately and on time
  • Negotiated, established and maintained funded line of credit of Rs. 6 billion and non-funded line of credit (LG/Bank Guarantee, LC) for Rs. 17 billion
  • Managed short term investment portfolio of approximately Rs. 30 billion
  • Prepared and presented quarterly cash forecast report to the Chief Financial Officer (CFO) and identified any relevant issues
  • Managed liquidity risk, interest rate risk and exchange rate risk
  • Periodically reviewed and updated investment policy for treasury and presented it to the CFO
  • Supervised the bookkeeping process of treasury accounts in SAP software
  • Prepared financial reports and fulfilled compliance duties for General Provident Fund and Gratuity Fund
  • Managed investment portfolio and researched further investment opportunities to optimize the return on investments
  

Experience as Financial Analyst-Treasury

• Employer

  PTCL

• From

  03 April 2003

• To

  30 April 2013

• Detail

  • Performed investment analysis for excessive funds around Rs 5 billion –Risk and Return
  • Performed financial analysis for the financial intuitions with a view to determine risk assessment
  • Incorporation for all financial transactions of treasury in SAP corporation of all financial transactions of treasury in SAP consisting of funds collections, disbursements, major obligations, investments, income realization, markup accruals, exchange gain.
  • Prepared cash flow forecast reports on weekly basis and reporting to the management
  • Maintained all records of investments and fulfilled debt obligations on time
  • Performed daily administration of bank accounts, investments & debt obligations.
  • Analysis of financial data and create financial models for decision support
  • Preparation of bank reconciliation of savings, main operating & collection accounts.
  • Entry of daily exchange rates in SAP for other users.
  • Creation /deletion /change of bank keys
  

Experience as Cost Accountant

• Employer

  Standard Foods Private Limited–

• From

  11 September 1999

• To

  30 November 2000

• Detail

  • Acquired sales estimation data, prepared budgets and reported it to the managing director
  • Performed cost analysis of the production line and evaluated any variances
  

Experience as Kohinoor Energy Limited – Trainee

• Employer

  Kohinoor Energy Limited

• From

  01 October 1997

• To

  01 October 1998

• Detail

  Preparation of weekly and monthly reports of raw material consumption and inventory records
  Reviewed timesheets of factory worker’s payroll and reported any discrepancies to the management
  

Certified Director

• Duration

  5 Days
• Description

  Certified Director - Under Listed Companies (Code of Corporate Governance) Regulations, 2019 - Institute of Cost and Management Accountants of Pakistan (ICMA)