Experience

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  United Energy Pakistan Ltd (formerly British Petroleum Pakistan)

  • Karachi

  • Head of Treasury & Oil Revenue Accounting

    • Nov 2013 - Present
    • Karachi

     Responsible for the management of Treasuries of all seven companies of Pakistan Assets of United Energy Group (United Energy Pakistan, BOW Energy, Asia Resource Oil, United Energy Pakistan Alpha, United Energy Pakistan Beta (formerly OMV Pakistan) & United Energy Technical DMCC) a HK Stock Exchange listed company.  Successfully executed trade transactions including LCs for import of Plant/Machinery/Services of over USD 4 billion for Oil, Gas and LPG Facilities and Wind Power turbines. Cash flow planning to ascertain the liquidity position to ensure the company is adequately and efficiently funded/invested and financial covenants are compiled to. Assisted United Energy Group (parent company) in raising Financing for its acquisitions of Kuwait Energy for an amount of $650m.  Part of the team negotiating multiyear contract for export of Crude/Condensate by United Energy Pakistan to Global commodity trade leaders like Trafigura and Monfort.  Responsible for Crude/Condensate Revenue invoicing to local customers like Pak Arab Refinery and export customers like Trafigura and Monfort . Key role in liaising with oil & gas customers, managing JV partner relations and annual recovery to the tune of USD 225 million /USD 450 million from oil/gas customers. Part of post-acquisition integration team of United Energy after its purchase of OMV Pakistan and Asia Resource Oil Limited. Responsible for Control Framework i.e., Delegation of Financial Authorities . Preparation of risk matrix and risk action plans for various risks at organizational level including Financial risks, Regulatory Compliance risks and Health & Safety risks etc.  Responsible for Revenue forecasting of United Energy’s oil, gas and LPG businesses in Pakistan incorporating multiple price regimes. Part of the team implementing SAP S4 HANA in United Energy Pakistan. Management of an Investment portfolio of PKR 8 billion invested in a multitude of financial securities/instruments.

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  Engro Foods Limited

  • Netherlands
  • Food and Beverage Manufacturing
  • 700 & Above Employee

  • Senior Manager HR

    • Oct 2012 - Oct 2013

     Played a pivotal role in formulating the medium term HR strategy of Engro Foods till 2015. Formulation of HR Corporate Plan and its stewardship through Balance Score Card on monthly basis. Seamless delivery of the stock options granted to senior executives as part of the long term incentive plan. Responsible for planning, executing and collating the presentations for Board Compensation Committee including ensuring the implementation of the approved agenda. Set up a Service Delivery Centre for efficient delivery of HR services for optimum customer experience.  Owner of the Compensation & Benefits policies of the company with a view to maintain internal and external equity including rolling out numerous new policies. Collaboration with Talent Acquisition, HR Business partners and Learning & OD for increasing employee engagement levels, effectiveness of processes like performance management, talent review sessions, promotions, transfers, diversity initiatives and 360 degree evaluations.

  • Senior Manager Treasury and Insurance

    • Jan 2009 - Oct 2012

     Budgeting and Forecasting the cash flows of the Organization. Capital/Debt raising for the company which is in high growth mode. Developing and maintaining effective working relationships with Financial Institutions for business excellence. Involved in Financial Modelling and Planning for enhancing the business. Accountable for Foreign Exchange Risk Management through FX Forwards and FX Options. Carrying out Commodity Hedging for strategic commodities and identifying and highlighting any arbitrage opportunity. Scrutiny of Financial Models of various Business units of Engro Foods along with assumptions and negotiations of Financial Covenants with the Lenders based on the Financial projections. Managing funded and non funded finance facilities. Providing support on Treasury and Insurance of subsidiary companies i.e. Engro Foods Supply Chain (Pvt.) Ltd and Engro Foods Ltd Canada. Responsible for the preparation of Annual Corporate Financial Charges/ Bank Charges budget of Engro Foods Ltd as well as stewardship of the budget.

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  Engro Corp

  • Karachi, Pakistan

  • Senior Banking Officer

    • Jan 2006 - Dec 2008
    • Karachi, Pakistan

     Accountable for forecasting and managing the cash flows of the Company Involved in raising Capital/Debt  Maintained relationship and liaised with Financial Institutions Responsible for Foreign Exchange Risk Management through FX Forwards and FX Options  Managed funded and non funded finance facilities  Provided Treasury support to Engro Energy and Engro Foods in their early/nascent stage (2006-07)

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  ABN AMRO Bank N.V.

  • Karachi, Paksitan

  • Assistant Manager

    • Jul 2005 - Dec 2005
    • Karachi, Paksitan

    Trained in critical functions of Bank.

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  Tariq Leather Industry

  • Lahore

  • Manager

    • Jan 2003 - Aug 2003
    • Lahore

     Involved in the procurement of raw materials and scheduling the production activities. Performed Sales Mix Analysis and optimized the portfolio of products. Developed and maintained trade relations. Reviewed financial viability of all key accounts.

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  Pakistan Army

  • Pakistan

  • Captain

    • Nov 1993 - Jan 2003
    • Pakistan

     Formulated and implemented Training Programs for subordinates. Involved in Career Management and Performance Appraisals of subordinates and providing feedback for improvement. Played an important role in the combat readiness of troops under command and utmost readiness of equipment and resources available. Part of the team which was responsible for Supply Chain Management and Logistics plan for 20,000 troops. Ensured the maintenance of law and order in Internal Security Operations during Muharram and National elections in 1997, 2001 and 2002.