Assistant Manager
Al Hail Orix Finance PSC
Total years of experience :16 years, 11 Months
•Prepared financial operating lease models for variable financing options, including medical equipment, heavy construction equipment, solar energy, generators and transportation vehicles to diversify revenue streams for AL Hail ORIX.
•Structured “Labour Guarantee” financial model to raise deposits and thereby reduce the financial cost in the long-term. Labour Guarantee was launched as a new financing product in August 2015.
•Prepare Annual Financial cost and structure finances through syndication & long-term facilities to meet capital requirements.
•Hedge Interest rate & foreign exchange risk with interest rate swaps & foreign exchange swaps.
•Conducted monthly and annual ratio analysis and ensured that all financing facilities met the defined covenants.
THE FIRMS PROJECT, CHEMONICS International, Pakistan
The Firms project is a key implementer of USAID economic growth and stabilization strategy in Pakistan.
Senior Business and Investment Enabling Environment (BIEE) Specialist
• Served as a liaison between USAID operational team and Board of Investment, Pakistan (BOI). Managed risk assessment, identified multiple process improvements and conducted research for strategic capability building project of BOI employees.
• Assessed feasibility of new operating models, redefined organizational footprint, outlined saving potentials, derived high-level implementation for different options at BOI and presented the attainment of objectives in regular meetings to senior management of USAID.
• Led a team of 2 direct reports that designed a new business framework/restructuring rules and initiated the transition of BOI to new business processes. Deployed it in less than 6 months, resulting in a 10% decrease in operational mistakes.
• Developed USAID Pakistan Private Investment Initiative proposal with foreign USAID experts. Collated and analysed information from multiple parties (trade, government bodies and private entities) and restructured performance tracking tools against new investment plans.
• Worked in a multidisciplinary team to stabilize rupee to dollar parity; Led and managed collaborative efforts with major financial institution to ensure exchange rate to not exceed PKR 100.
• Maintain client relationships by leading meetings with senior management regarding the investment strategy, investment financing options, operational procedures and relevant ministries.
• Lead advisor for public debt restructuring to lower overall debt servicing costs. Role: negotiated mandate’s commercial terms with leading local commercial banks and presented to the Chairman extensive scenario planning model to lower servicing costs.
• Led the internal audit audit of BOI and executed effective solutions to optimise investment operational structure in the limited timeframes presented.
Pakistan Board of Investment (BOI)
BOI is the primary investment promotion and facilitation body for all foreign direct and domestic investment in Pakistan.
• Worked with Foreign and domestic investors in assessing project financial feasibility (project finance & structure finance) for potential investment in Pakistan.
• Managed risk assessment, identified multiple process improvements and conducted research for strategic capability projects and identify target sectors.
• Assessed feasibility of new operating models, redefined organizational footprint through MOU with Infrastructure Project Development Authority (IPDF), outlined saving potentials, derived high-level implementation and presented the attainment of objectives in terms of project development with concerned ministries.
• Worked on long-term budget strategy for Pakistan to phase out subsidy culture and decrease fiscal deficit.
• Worked in a multidisciplinary team to formulate the Investment Policy for investment promotion and increase global competitiveness of the Pakistan and Ease of doing business Pakistan.
• Worked on the annual federal budget and austerity measures to decrease budget deficit including budgetary control.
RA Capital, Canada
Carbon Computing is a Premium Apple Specialist company based in Canada, with 150+ employees and USD 20M in revenues.
Financial Accountant
• Prepared quarterly and annual financial statements, including income statement, balance sheet, statement of cash flow and the notes to the financial statement.
• Developed budget plans and annual projections (against established plans) to achieve double-digit growth in sales and net profits.
• Performed scenario and impact analysis to outline effectiveness of strategies from business heads. Reviewed Investment and Corporate Banking (I&CB) monthly results to analyse products based in spreads, fee revenues and performance ratios.
• Compiled presentations outlining analysis of quarterly numbers for Management Committee and Board meetings. Identified critical issues in the inventory management process and recommended changes that were accepted by the management.
• Conducted thorough analysis on P&L data and provided commentary on revenues for executives’ packages.
Bank of Nova Scotia (Scotia Bank) Canada
Scotia Bank is the third largest bank in Canada by deposits and market capitalization.
Internal Auditor
• Led audit engagements for financial institution clients, including private equity firms, banks and mutual funds. Performed strategic due diligence of 3 private equity funds.
• Elaborate knowledge and completed training in both anti-money laundry (AML) and know your customer (KYC).
• Worked with the internal audit to ensure that internal controls were in place and effective.
• Effective knowledge of SOX and anti-money laundering (financial institutions).
RYERSON UNIVERSITY LEADERSHIP PROGRAM (6 months) 2007
Lead Organizer: Organized an advanced workshop in collaboration with Professor Tom Payne, which was widely appreciated and attended by ~300 business management students
RYERSEON UNIVERSITY, Canada 2005 - 2009 Bachelor of Commerce, Business Management and Accounting * Ranked among the top 15% of graduating class, 2009. * Relevant Courses: Financial Accounting, Corporate Finance, Canadian Tax, Cost Accounting, ACCPAC Auditing & Accounting Theory.
