Treasury Specialist
afiniti
مجموع سنوات الخبرة :5 years, 9 أشهر
As a Treasury Specialist at Afiniti Software Solutions, I have played a pivotal role in ensuring the efficient management and monitoring of a diverse portfolio comprising 65 bank accounts across 20 countries in 14 distinct currencies. In this dynamic role, I have consistently demonstrated expertise in executing and overseeing various financial transactions while maintaining a commitment to accuracy and adherence to deadlines.
Key Contributions:
Global Financial Operations: Proficiently executed wires, including ACH and Global ACH, for the weekly payment run, ensuring the accurate and timely disbursement of monthly global payroll. Additionally, I meticulously prepared funding estimates for all company entities on a regular basis.
Real-time Visibility: Delivered daily bank balance updates and cash collection status reports, ensuring real-time visibility and facilitating informed decision-making by the management team.
Risk Analysis and Mitigation: Conducted regular cash forecasting and risk analysis to identify potential financial vulnerabilities, proposing and implementing risk mitigation measures that contributed to the overall financial stability of the organization.
Reporting Excellence: Prepared and submitted precise and time-sensitive reports, including cash flow statements and bank reconciliation reports, showcasing a commitment to accuracy and compliance with financial regulations.
Team Collaboration: Ensured seamless treasury operations by actively coordinating with team members to address bank-related queries. My proactive approach involved consulting with the company's bank representatives, resulting in efficient financial interactions and optimized financial activities.
Audit Excellence: Achieved a remarkable 98% accuracy rate in bank reconciliation, significantly reducing financial discrepancies and audit findings. Consistently received outstanding results in three annual treasury audits, highlighting consistent compliance with financial regulations and earning commendations from auditors.
Risk Management Strategy: Implemented a comprehensive risk management strategy that successfully reduced foreign exchange losses by an impressive 60%, contributing to overall cost savings for the organization.
In summary, my tenure as a Treasury Specialist has been characterized by a dedication to precision, proactive financial management, and the implementation of strategic initiatives that have significantly contributed to the financial health and operational efficiency of Afiniti Software Solutions.
In my role as an Accounts Executive at H. Sheikh Noor Ud Din & Sons (HSNDS Pvt. Ltd), I undertook a multifaceted position, contributing to the effective financial management and operational integrity of the company. My responsibilities encompassed a diverse range of financial functions, from coordinating with internal departments to supervising customer accounts and ensuring compliance with international financial reporting standards.
Key Contributions:
ERP System Management: Coordinated seamlessly with the Procurement and Store Departments to guarantee that all relevant invoices were accurately posted into the ERP system before the close of each month.
Maintained the accuracy and timeliness of payments through proficient management of the ERP System, contributing to streamlined financial processes.
Accruals and Financial Integrity: Ensured the accuracy of month-end processes by entering all accrued liabilities into their relevant heads, reinforcing the financial integrity of the company.
Customer Accounts Supervision: Supervised a diverse portfolio of 400+ customer accounts, spanning export, local, and waste segments.
Implemented proactive measures to address overdue invoices, executed effective collection strategies, and ensured precise revenue recognition.
Asset Management and Depreciation: Maintained an accurate and up-to-date register of all company assets, including property, equipment, and investments.
Conducted regular physical asset inspections, reconciling physical counts with accounting records to ensure accurate financial reporting.
Ensured accurate charging of depreciation and amortization to respective assets in accordance with International Financial Reporting Standards and company policies.
System Implementation: Successfully coordinated with consultants from PWC to implement the Fixed Assets Module (ORACLR R-12).
This strategic implementation simplified the assets tracking system, enabling accurate tracking of each asset's cost, purchase details, and disposal processes.
My tenure as an Accounts Executive has been marked by a commitment to excellence, innovation, and collaborative efforts that have significantly contributed to the financial robustness and operational efficiency of H. Sheikh Noor Ud Din & Sons (HSNDS Pvt. Ltd).
Financial analysis and reporting Budgeting and forecasting Risk management and compliance Corporate governance and ethics
