Rizwan Basheer Ahmed

Payroll
Ensure compensation and benefits standards comply with the company policies, strategies and MOL regulations.
Lead Com & Ben assignments, initiatives and projects.
Participate in salary and benefit programs surveys to determine competitive nature of positions and salaries
Assist in development of Com & Ben policies, procedures and work processes to support the compensation and benefits function.
Maintain proper control on employment cost and headcount movement.
Prepare annual HR plan budgeting in coordination with management team
Provide analytics, metrics and reports as required to aid data based compensation & benefits decision-making.
Payment of staff salaries through the MenaITech payroll system
Attach new employees to the pay system.
Answering queries from staff or external bodies promptly.
Providing advice to staff and managers about GOSI payments and other payroll queries
Maintaining accurate records of various leaves
Calculating and payment of End of Service benefits as per Saudi Labor Law
Reporting
Monthly budget reconciliation reporting and analysis
Headcounts, Indemnities, Vacation reporting and analysis
HR Reports to the global team
Sole point of contact for all management ad hoc HR reporting

Performance Management
Administering start to end of performance appraisals
Reporting and analysis for Performance Management Framework
Reward and recognition on monthly basis - bonus and soft rewards

Decision making partner along with the hiring manager in terms of suitability to the vacancy, salary and other contract items.
Interacted with Hiring Managers, potential candidates, references and other professionals/stakeholders
Coordinated manpower planning process and maintained manpower records
Recommended to revise recruitment plans when necessary
Reviewed job requisitions and submitted them to SAP E-Recruitment for internal/external job seekers
Searched workforce market (recruiting websites, local database on SAP and overseas agencies)
Performed applicant’s shortlisting to provide candidates for management review
Conducted HR interviews and attended technical interviews with hiring managers
Extended job offers to selected candidates and provide company orientation to candidates/new employees

Global Operations Product Control - Corporate Actions

Management Reporting
Production and Development of Management Information, with weekly and monthly reporting
Ensure the accurate and timely reporting of all key client outputs and management reporting
Ensuring the quality, accuracy and timeliness of all outputs and reports of the team are to the required standard

Controls
Identification, escalation and resolution of inconsistencies in the market risk information, position, and market value
Demonstrate ownership by being accountable for any issues highlighted within their control processes.
Timely escalation of issues to team management to ensure effective resolution.
Ensuring deadlines are met with accuracy and control compliance.

Substantiation
Ensure the completeness and accuracy of the data used at the various stages of the trade life cycle
Reporting of breaks and adjustments to the Finance Controllers on a timely basis
Rectification of traders’ P&L to ensure accuracy and reflect the match reporting in risk.
Pro-actively carrying out root cause analysis on break data to identify and then eliminate common break types
Closely monitor of ageing issues and prompt follow up and escalation of the same to the responsible groups and senior management

Migrated Public Finance Process -Syndicate Desk and Credit Desk
Established various Public Finance functions in Mumbai MO
Created SOPs for functions transitioned on Syndicate and Credit Desk
Entrusted with Process Presentations for the Global Business Heads

Transaction Process Specialist

Public Finance Project:
Successfully completed six month project for Public Finance Deal Documentation
Worked closely with Global Business Partners by interacting with them in transitioning the project
Earned Global Recognition and was the only selected and retained for Public Finance Process Migration
Max Recovery:
Specialized on UK and US Distressed Asset Payments
Excelled in Exception Solving to the payments and derived new techniques to crack exceptions
Outshined in solving NY MO Queries and earned special recognition from the Global Partners