As the Head of Treasury I am responsible for overseeing the Treasury activities across all units of the group in Pakistan, ensuring that business objectives and strategy are reflected in processes and that related services are delivered in a professional and proactive manner. Lead the Treasury function in a proactive and prudent fashion by exploring beneficial investment opportunities for idle funds, managing liquidity, cash flow forecasts, cash flow positioning, and ensuring that in case of… Show more As the Head of Treasury I am responsible for overseeing the Treasury activities across all units of the group in Pakistan, ensuring that business objectives and strategy are reflected in processes and that related services are delivered in a professional and proactive manner. Lead the Treasury function in a proactive and prudent fashion by exploring beneficial investment opportunities for idle funds, managing liquidity, cash flow forecasts, cash flow positioning, and ensuring that in case of borrowing the financial cost is kept lowest possible.Highlights:• Initiate and arranged Product Liability Insurance, Group Life Insurance, Medical Insurance for all group companies after proper remarketing exercise and in consultation with responsible department from renowned insurance companies• Reduction in bank charges, bank spread on LIBOR, insurance premium rates • Sign-off and Implement centralized payroll disbursement through HBL for all Pakistan based units• Implementation of Authorization Matrix for payments and banking agreements and documents• Draft and implement financial policies like Limits for Approval Mechanism (LOAM), Cheque Book Custodian Ship, Authorization Matrix,• Liaise and work with EY Consultant on Treasury and Insurance Manual• Proposed Maximum Probable Loss (MPL) Study and Asset Valuation exercises for all units in Pakistan and proposal was accepted by the management and this study is being conducted in Dec 2015 by Unique Insurance Brokers correspondent of Marsh, USA and Oceanic Surveyors. Show less

Growth Path: Jun’06 – Mar’08 Asst. Manager Management Accounts Mar’08 – Oct’09 Asst. Manager AccountsSince Oct’09 Manager Treasury Highlights:• Opened and operate offshore banks accounts with multinational banks like Standard Chartered, HSBC, in Nigeria, Vietnam, Kazakhstan and Philippines• Handled clients like State Bank of Pakistan, Bank Treasury, Banks Corporate, Banks Trade, Clearing Agents, Custom Authority, Export Promotion Bureau, Chamber of commerce and… Show more Growth Path: Jun’06 – Mar’08 Asst. Manager Management Accounts Mar’08 – Oct’09 Asst. Manager AccountsSince Oct’09 Manager Treasury Highlights:• Opened and operate offshore banks accounts with multinational banks like Standard Chartered, HSBC, in Nigeria, Vietnam, Kazakhstan and Philippines• Handled clients like State Bank of Pakistan, Bank Treasury, Banks Corporate, Banks Trade, Clearing Agents, Custom Authority, Export Promotion Bureau, Chamber of commerce and Trade Development Authority of Pakistan• Served as Power User during SAP implementation for Accounts Receivable, Accounts Payable, Cash & Bank, General Ledger and Controlling modules• Bagged SBP approval to consign the airway bill /bill of lading in the name of consignee rather in the name of bank as per regulation in Chapter XII of F.E. manual• Successfully procured long term financing facility amounting to Rs. 300 Million & purchase of ERF (Rs. 814 Million)• Merit of completing compilation of Annual Budget of the company in 2008 Show less

Highlights:• Successfully revised project feasibility and convert it into a bench mark • Merit of creating and implementing Costing System and Standard Costs with reporting• Served as Company Representative for statutory audit • Distinction in preparing projected Financial Statements and Budgets in 2009 • Participated in developing MIS in organization

Preparation and presentation of Financial Statements, variance analysis, etcReview and accumulation of costing data from various production deparmentsInventory consumption analysis and inventory counts and verification of inventory records