Treasury Advisor
Saudi Telecom Company (STC)
Total years of experience :20 years, 9 Months
Detailed job description included:
•Study of banking syndication and hybrid capital solutions for funding gaps and capital investments at the cost to optimize the investment returns
•Investment of cash, short term deposits, selection of Money Market Funds
and Implementation of Cash Forecast, Monitoring of Liquidity Risk and Counterparty Risk
•Developed tools and process for fundamental & technical research to help the subsidiary involved in trading of FX & Saudi stock market
•Drafting strategies for FX trading through renowned FX platforms e.g. Bloomberg & Reuters and ensuing the validation of Buy & Sell decisions for Saudi stock market (Tadawul)
•Implementation of Letters of Credit Facilities, Negotiation with Banks, identification of solutions involving collateral and securities management
•Asset & Liability Management analysis and Hedging of Interest Rate and Currency Risks
•Reporting to Management Board, reinforcement of Risk Management, Follow up of Performances, Financial result projection and optimization
•Interfaced with high-profile internal and external stakeholders while reporting directly to CFO and CEO, Signed off on financial appraisals after detailed project evaluation and analysis
•Provided oversight to treasury professionals managing the group’s cash flows, financial planning, capital structure, FX and interest rate risks
•Developed valuation and forecasting models for required venturing into target markets under diversification policy throughout the gulf
•Planned and managed the procurement of present and future funding to support subsidiaries’ operation and group growth targets
•Enhanced subsidiaries’ CAPEX budgets and consolidation into group CAPEX budget
•Managed group exposure to financial risks resulting from currency exchange rates and interest rates, including determining alternative hedging techniques and available swap techniques
•Managed standardization of financial and operational KPIs across all business activities, Developed and monitored group’s overall planning and control processes
After passing CFA program and serving six years of diverse industrial setup, I am involved in financial research and planning for private wealth management in particular and portfolio management in general. Currently working as portfolio manager at Horizon Securities and on freelance basis, managing assets of worth 35 million (including freelance and firm based) in equity, fixed income and real estate sectors.
Instructing the following professional programs:
ACCA program: Paper F2, F5, F9 & P4
CFA Program
CIMA Financial Strategy
Also, providing consultancy in field of finance (Intl Trade, Financial Statement Analysis, Corporate Finance, Asset valuation & equity and portfolio management) and have been delivering corporate trainings on capital budgeting and other areas of corporate finance.
Visiting faculty member for M-PHIL PROGRAM-2011 in Hailey college of commerce, University of the Punjab, Lahore.
Recruited as Executive officer in finance department charted a phenomenal growth curve, to merit the current designation.
I was responsible for overall financial budgeting process by gathering and analyzing economic information to make financial recommendations on investment decisions and reviewing the whole process to identify problems for continuous improvement.
• Gathering economic data to make written reports on general economic trends, individual segments, and entire industry of FMCG.
• Developing projections and evaluation of new investment feasibilities, preparing budgets, forecasting cash flows. Projection of sales demand, raw materials, operational materials and their synchronization to company liquidity position.
• Construction of financial models (based on Microsoft excel) as per customized requirements for evaluation and analyzing investment feasibilities. I assembled a customized integrated budgeting model to popup red alerts for any upcoming shortage of raw and operational materials, spare parts, production and related cash flows.
• I performed detailed financial evaluation and made recommendations for investment in different investments including equities, plant & machinery and real estate.
• Managing foreign currency exposure by constructing and applying different hedging strategies.
• Managing the overall Credit Portfolio of the company that includes dealing with International and Local Banks, Leasing and Insurance companies.
• Optimizing capital structure including low cost Euro dollar refinancing.
I was assigned to analyze economic information to assess the current and future financial position of the company and make recommendations on investment in physical & financial assets and financing decisions that includes borrowing through money (Banks) and capital markets.
Detailed Job description includes:
• Perform and report monthly and quarterly financial reviews on key performance indicators to divisional office Dubai.
• Perform monthly risk assessment for assigned doubtful accounts.
• Analyzing current and projected financial performance of company in comparison to competitors.
• Perform projections of segment (paint & Powder Coatings) wise sale demand and cash flows using financial models.
• Managing foreign currency exposure by applying hedging techniques including matching, netting and forward contracts.
• Preparing financial feasibilities for potential investment alternatives.
• One of my lifetime experiences was project's financial evaluation of Jotun's first powder coating plant in Lahore, Pakistan where, I performed detailed projections for project related cash flows, cost of capital and associated risk analysis.
• Reviewing the financial budgets and variances for corrective measures.
• Reviewing and evaluating financial cost minimizing options to optimize the weighted average cost of capital.
• Making decision regarding insurance and leasing the company's property, plant and equipment.
I have qualified CFA Level I & II in first attempt with all good standing points. Also, studying in Level III to appear in June 2009.
Master of Commerce. ( Finance & Accounts ) “3.7CGPA”
DCMA (Diploma in Cost and Management Accounts) “3.9CGPA”
Bachelor of Commerce ( Hailey College of Commerce Lahore) “1st Div”