Assistant Manager Finance
Nishat Chunian Power Limited
Total des années d'expérience :1 years, 7 Mois
PLANNING AND OPERATIONS
. Cash flow and risk forecasting
. Negotiate, analyse and manage the fee’s and margins of service providers
CASH AND LIQUIDITY MANAGEMENT
. Work with the business to optimize commercial cashflows and working capital requirements
. Minimize idle cash through netting and cash concentration
. Timely disbursement of payments
FUNDING AND CAPITAL MARKETS
. Optimization of capital structure
. Manage short, medium and long-term investments
. Ensure adequate liquidity to support the business
. Ensure contractual terms and covenants do not constrain the business
FINANCIAL RISK MANAGEMENT
. Seek natural hedges and offset within the business
. Interest risk management
. FX risk management
CORPORATE GOVERNANCE
. Ensure accurate accounting of treasury transactions
. Provision of covenant tests and information to investors
. Work with internal and external audit
STAKEHOLDER RELATIONS
. Manage relationship with banks and other investors
. Manage relationship with credit rating agencies
.Spearheaded Internal audit Team at Plant requiring inspection of Payroll, Sales Tax, Physical Stocks, Rental Bills and detailed Transaction based Audit.
.Pre-Audit of monthly Contract Labor and daily paid workers salaries
.Worked in purchase audit section (PAS) in close connection with procurement department performing pre and post audit from Indent raising up till the final approval of purchase order involving the use of Oracle financials
.Pre-Audit of Monthly Sales Tax Return
.Pre-Audit of plant Expenses & Vouchers
.Monthly Audit of payroll at head office
.Audit of all types of Vouchers (e.g. Import vouchers, cash payments, journal vouchers etc.)
.Audit of Bonus, Increment, Encashment of Leave, WPPF, Full and Final Settlements
.Pre-Audit of Purchase (as per purchasing requirements and application of Income Tax & Sales Tax)
.Pre-Audit of Social Security and Employee old Age Benefit, Petty cash expenses etc
.Assessment of compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation.
.Conducting Internal Control evaluation and risk assessment to identify loopholes and areas requiring management intervention to prevent frauds, misappropriations, misuse and wastage and ensuring that objectives of the organization are achieved economically, efficiently and effectively.
.Assessment of risks and internal controls by identifying areas of non-compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and operational issues
.Regulation and enforcement of company policies and Government Laws
.Communication of audit progress and findings by providing information in audit meetings; highlighting unresolved issues; reviewing working papers; preparing final audit reports.
Association of Chartered Certified Accountant Skans Education (Pvt) Ltd.
2005 - 2007 F. Sc (Pre-Medical) Crescent Model Higher Secondary School for Boys, Lahore
2002 - 2005 GCE Ordinary level St. Anthony's College, Lahore