Supervision of Payment Team

Supervised payment team ensuring goals, action plans, and timelines are achieved.
Performance monitoring of each individual team member against KPI’s for timely actions.
Headed inter-department weekly meetings for brainstorming, identification of gaps and solutions.
Design development and documentation of standard operating procedures to streamline workflow.

Negotiation / Reconciliation / Validation

Slashed administration costs 30% by negotiating pricing and fees with vendors while ensuring the continuation and enhancements of services.
Responsible for validating Statement of Accounts received from different corporate vendors, suppliers etc.
Monitored cost by performing comparative analysis on current charges based on trends and relationships.
Analyzed losses, irregularities, variances identified during monthly and quarterly reconciliations.
Recommended corrective actions for billing discrepancies leading to net saving of AED 3 million in 2016.
Established, maintained and reconciled general ledgers for proper records and accuracy.

A/C Payable Function & Business Finance

Restructured monthly payments of AED 10 million for different corporate vendors, suppliers etc.
Acted as checker & approver of all payments before submitting to procurement team for processing.
Approved all the purchase requisition/purchase orders/invoices in Oracle after reviewing accounting entries.
Prioritized successful execution of the new bank-wide accruals policy for Administration.
Prepared annual budgets for Administration through close coordination with the various finance teams.

Database Management

Engaged with internal & external stakeholders to understand their key requirements.
Conducted extensive exercise of mapping & reconciling of approx. 48K old & new accounts for accurate cost allocation to business units.
Researched and transformed Excel manual database to MS Access using access tables, relationships & queries.

Recruited to PICG, which is leading Institute and knowledge provider about best practices in Corporate Governance in Pakistan. In a span of 6 months working in business development department, various functions and responsibilities were assigned that relates to creating leads for different services offered by company including Board Performance Evaluation, Directors Training Programme, Workshops on Risk Management, Corporate & Individuals Memberships and other activities were managing invoices and maintaining database of customers.

Employed at Karachi Electric in June 2013, a company which supplies electricity to all the industrial, commercial, agricultural and residential areas that come under its network. Main areas of expertise include internal control assessment, performance management, and project administration.

Key Contributions

Assisted recovery team in changing consumers’ behavior and their respective payment trend through schemes and initiatives.
Conducted review of internal controls to determine whether such controls are adequate to meet management objectives.
Follow-up with regional coordinators to ensure all actions are completed for payment by big defaulters.
Submission of Distribution Strategy Department’s extract for the Annual Report and Directors’ Report.
Prepared Annual General Meeting finance presentations for the BAC and BOD meetings.
Performance monitoring of all the company’s 28 business centers against standard KPIs.
Reconciled transactions, preparation of different reports along with recommendations.
Part of the team that initiated projects for increasing company’s recovery; namely Rebate/Waiver of dues and Token Payment.
Analyzed Theft Billing and Load Regularization for system improvement.
Drafted SOP/Policy for NCFL Project (National Compact Fluorescent Lamps project)
Complaints follow-up on project names Speak-Up for theft detection and handled cases.