Assistant Manager
Zen Financial Services
مجموع سنوات الخبرة :17 years, 3 أشهر
Assistant Finance Manager - Zen Financial Services - September 2013 to Present
• Responsible for handling of all trade Finance products such as LC’s, document examination, inward and outward collection
• Responsible for handling invoice discounting, buyer’s credit, trade short term loans, export and import collection documents
• Responsible for preparation of credit compliance documents as per UCP rules. Documents preparation involves preparation of import letter of credit documents to ensure documents are credit compliant.
• Holding client meeting along with Corporate RM’s to structure trade finance transactions such as transfer / back-to-back LC’s.
• Coordinate and work closely with corporate RM’s.
• Ensure adherence to all control checks, policies and procedures. Initiated preparation of control checklists for trade products
• Ensure an accurate and timely monthly, quarterly and year end close.
• Ensure the timely reporting of all monthly financial information.
• Supervision of recruitment, business development and international trade process.
• Responsible for Negotiation and timely Discounting of bills of exchange from different banks.
• Responsible for liaison with shipping lines for exports and cross trade transactions.
Additional Assignments
• Took charge of scrap recycling plant in the absence of plant manager. Managed procurement, implemented new rules & regulations for administration, production and finance department, improvised data entry and book keeping procedures & recruited a suitable accountant for the company.
• Assigned the target to arrange banking facilities for the recycling plant and develop a good credit portfolio.
• Responsible for relationship management with shipping lines.
• Responsible for negotiation of best possible freight rates for exports.
• Responsible for all documentation process from release of containers, gate out, gate in and to POD settlements.
• Responsible for verification of Load Lists, Ed passing’s, Shipping Details, Bl Details, Finalization of Bill of Lading
•Generate new business besides being responsible for managing all aspects of existing borrowing relationships ranging from proposal generation to post disbursement monitoring & Ensure that branch obtains “Satisfactory” audit rating on credit matters.
•Managed a diversified portfolio of both fund based and non fund based Commercial/SME advances amounting to more than Rs.500 Million
•To ensure that the credit/ lending functions are managed in line with the Bank’s laid down credit policies & procedures and is in compliance with all regulatory requirements.
•To ensure close liaison is maintained between hub team & CAD with respect to maintenance of record &documents, allowance/alteration of allowed limits.
•Compile periodic performance reports for SBP and the Head Office.
•Solicit new business i.e. addition of quality names to build up sound asset base with focus on segments as identified/defined from time to time with consistent performance.
•Responsible for inventory audit of Dewan Farooque Spinning Mills and Dewan Farooque Motor (BMW) making sure the management is well informed about the stock turn over and aging analysis
•Responsible for investigative audit for Dewan Hattar Cement Limited
•Responsible for monthly budget analysis of Dewan Farooque Spinning Mills and Dewan Farooque Motor (BMW)
•Responsible for petty cash and expense audit of all the companies of the group