Experience

Waves Home Appliances Limited

• Pakistan
• Appliances, Electrical, and Electronics Manufacturing
• 100 - 200 Employee

• Assistant Manager Treasury

  • May 2019 - Present

  • Managing fund’s portfolio of over PKR 6 Billion comprising of all Conventional and Islamic financing i.e., Funded, Non-Funded, Short- and Long-term facilities.• Fund Management and planning ensuring that sufficient funds are available to meet ongoing operational and capital investment. requirements whereby ensuring that cash balances, credit lines and finance cost maintained at optimum level.• Computation of Finance Cost for all Short-Term and Long- Term facilities on monthly basis.• Computation of company’s monthly weighted average cost of borrowing and reasoning out variances compared to budget.• Preparing a summarized position depicting Company's Short-Term borrowings in the form of Running Finance lines, Money Markets and Letter of Credit.• Maintaining a healthy relationship with around Seventeen Commercial Banks. Managing the relationship with the banks regarding current lines and for new facilities.• Negotiating rates for Money Market with the banks.• Coordination with Trade team for opening bank LC’s, open contracts, bank guarantee.• Preparing & circulating daily Cash Collection report depicting company’s revenue in the form of daily collections through different banks.• Monitors and manages company’s daily cash position.• Reviewing figures and assist in preparation of notes to financial statements related to borrowing.• Liaison with both external and internal auditors for borrowing specific matters.• Weekly and monthly cash flow projections that include expected inflows, on the basis of sales plan, and outflows, especially bank maturities.• Prepare Treasury dashboards and presentation slides for BOD meeting and monthly management meetings.



FINCA Microfinance Bank Ltd, Pakistan

• Pakistan
• Banking
• 700 & Above Employee

• officer Treasury Operation

  • Aug 2015 - Apr 2019

  Processing of daily transactions to ensure compliance with SBP regulations as well as Bank policies and procedures Ensuring accuracy of input and efficiency in settlements of deals performed by treasury. Assist Treasury front office in cash management on daily basis and prepare fund position for the branches Preparation of bank reconciliation statements on bi-monthly basis/ as per need. Performing deal confirmation matching and promptly investigate any exception. Measures all Controls for Treasury Back Office Operations to minimise risk and avoid losses. Head office reporting requirements in a timely and accurate manner. Ensure adherence to external/internal regulatory requirements and fulfil all SBP as well as Head Office reporting requirements in a timely and accurate manner. Assist: in all control measures for Treasury Back Office Operations to minimise risk and avoid losses Ensure documentation for internal and external audit of Treasury back office. File and archive management. Ensure compliance of treasury back office operations.

• FINANACE TRAINEE

  • Sep 2014 - Jul 2015