Imdadat Al Jazera is a subsidiary of Al Jazera Factories for Steel Products a known manufacturing concern of KSA, involved in trading of all Steel Products. Being accountant I am looking after all accounts related matter at branch level and managing / coordinating the sales team. My job responsibilities as follows:-

• Accounts Payable and Accounts Receivable management
• Process of all payments.
• Timely and accurate preparation of daily, weekly, and month end journal entries and supporting schedules.
• Prepare daily, monthly, and annual account analyses and/or reconciliations
• Cash and Bank Account Reconciliation
• Assist with preparation of financial statements
• Ongoing documentation and development of internal controls
• Spot errors and recommend ways to improve efficiency and spending.
• Coordinating with customers / suppliers for payments.

Ruba Africa is a trading company in Tanzania involved in the business of Textiles.

Main responsibilities as Accountant’s Assistant were as follows.
• Posting journal entries, making reconciliations, reporting, and analysis.
• Keeping record of all investment activities.
• Prepare reports and analysis to support the Financial Reporting team for internal and regulatory reporting requirements.
• Responsible for all Import / Export related activities.
• Managing all the sales related activities of the company.
• Ordering and ensuring the delivery of goods to customers.

Being incharge of back office I was alone responsible for all Treasury Operations and Settlement functions of bank. Which includes:-
• Ensuring the net position of funds excess/short.
• Verification of the deal tickets.
• Maintaining and monitoring of CRR and SLR Position.
• Updating all transactions in Investment portfolio.
• Coordinating operations for funds requirement.
• Maintaining IPS Portfolio of Bank.
• Preparation and submission of statutory reports of different tenor relating to Operations & Treasury required by SBP.
• Preparation of Management information reports of different tenor relating to Operations, Finance & Account & Treasury required by the Corporate Office.
• Preparing re-valuation of investment portfolio using mark to market.
• Verification of approved credit limits of counter party banks, financial institution & brokers.
• Always keeping eye on maturities of bank’s Money Market portfolio.
• Custodian & responsible of Deal Recording System.
• Reconciliation of SBP Bank account, General Ledger and SGL account.
• Compliance with recommendations by both external and SBP auditors.
• Authorized signatory in SBP.
• Preparation of Week-wise Treasury Income & budget vs actual for ALCO.
• Calculating and posting all money market related accruals.

Settlement responsibilities:-
• To receive required data from branches and prepare summary of daily position and forward the same to front office reflecting surplus/ (shortage) of funds enabling the dealer to take appropriate action for investment / borrowing.
• To settle all Money Market transactions.
• Posting of deals in General Ledger.
• Documentation of Treasury Settlement for the execution of deals.
• Dealing with Counter Parties i.e., Banks & NBFIs, Brokers & SBP regarding Treasury Settlement.
• Issuance of SBP cheque.

Worked in Treasury Division under direct supervision of the Head of Operations and was involved in middle/back office treasury functions. My job responsibilities include:
 Visiting banks / DFIs / NBFIs for deposit mobilization.
 Making visits and preparation of proposals for borrowing lines.
 Worked in preparing proposals in assigning credit limit to counter party banks / DFIs / NBFCs.
 Dealing with Financial Institutions and Individuals for selling of Govt. Securities.
 Placing and routing funds & money market instruments in inter bank market in the absence of Treasury Dealer.
 Handling matters for Bank’s participation in Pre-IPO and IPO of the TFCs.
 Periodic balance sheet analysis of Investment Banks and Leasing Companies.
 Exploring Investment opportunities in Mutual Fund sector.

Back Office responsibilities:-
 Authorization and settlement of all transactions related to money market and investments including government securities and mutual fund.
 Monitoring and processing Bank borrowing / lending requirement against various securities.
 Monitoring Funds Position for Treasury (Dealing) Department.
 Authorization of all required documents for the execution of Treasury deals.
 Dealing with banks / brokers & State Bank for settlement of deals.
 Preparation of Money Market reports of different tenor as required by the Head Office.
 Maintenance & control of bank accounts with various banks.
 Keeping track record on Treasury functions of different Investment Banks.
 Vigilant on over night borrowing cost in comparison with KIBOR.
 Looking after periodically accounting reports/statements for the Head Office.
 Co-ordination with external & internal auditors regarding Treasury matters.

Additional Assignments

 Branch IT coordinator.

Worked as Accounts Assistant and responsible for maintaining Accounting System of the Branch under supervision of Manager Accounts & Finance also involved in Branch’s operational and administrative matters like Joint custodian of Branch’s Cash & Main Safe and security Vault etc.