Currently working as a Senior Officer at CDC (Central Depository Company of Pakistan Limited), I joined CDC in April 2014 as an Officer in Trustee & Custodial Department, the department provides Trustee and Custodial services to Mutual Funds & Pension Funds and execute the transactions on Management Company’s instructions after checking the necessary compliances with the NBFC & NE regulations and provisions of the constitutive documents of the Funds.
Working in this department enhanced my knowledge of mutual funds, capital markets, banking and related laws & regulations. My experience at CDC trained me to manage the work in immense pressure situations and improved my decision making.
Recently been assigned a role of a Team Lead and following are my main job-responsibilities:

Review the bank reconciliations on daily and monthly basis and enquire into and trace the outstanding items in the reconciliations and ensure that the bank reconciliations are conducted in an efficient, timely manner to a high standard.

Also responsible for the review of the weekly tax challans prepared before submission to the authorities, further I also check the data for e-filing before uploading it on FBR web portal.

Process the payments of expenses after verification of the supporting documents and workings, also prepare the workings of bank profit receivable, profit receivable on debt instruments and daily bank positions.

Review the investment and settlement transactions and ensure the compliances with the rules & regulation before execution.

Reconcile the funds’ portfolio of investments to check whether the exposures in the sectors and instruments are in compliance with the rules and regulations and assist the seniors in reporting of breaches to the regulatory authority.

Also responsible for Opening of accounts with banks, brokers and depositories after ensuring the compliance with the departments SOPs and laws & regulations.

Worked as an Audit trainee in Tanzeem & Company (Chartered Accountants) for more than a Year and a Half (from Sep, 2012 to April 2014), have been posted to various clients to perform audit and capable of plan and implement the auditing procedures with ease, possess a sound knowledge of Internal Controls which should be there in an organization, tasks performed were:

Assisting the audit supervisor in timely completion & finalization of audit, and also the preparation of audited financial statements, drafting of audit report and the management letter.

Preparation of system notes after getting an understanding of entity’s system of control.

Planning and implementation of audit procedures to be performed on Balance Sheet & Income Statement items and performed detailed testing on various Balance Sheet & Income Statement items which also involved preparation of various workings and I developed good analytical & reporting skills.

Performed the control testing on the client’s HR & payroll system and learned how the weaknesses can be identified and overcome. Also tested controls on: issuance & receipt of inventory, sales & purchase systems. This enhanced my detection skills as we used to detect the areas of weakness and how to overcome the weaknesses identified.

Performed annual stock counts, cash counts and physical verification of fixed Assets on various clients to verify the physical existence.

Visited places in Interior Sind for the physical verification of welfare activities performed by the Non-Governmental Organizations, also assessed the adequacy & effectiveness of the controls in place.

Also been deputed to a mining company and visited coal mines for the stock count.

Internship in Marriott Karachi for a period of Three Months and;

Observed the purchase cycle of the hotel and documents that are required to make the purchase and SOP that the department has to follow.

Also worked in the Cost Control and Stores Department and was involved in receiving of goods from vendors and issuance of Inventory items to different departments and kitchens after taking the Hotel’s appropriate control measures.

Worked in Accounts Department and learned; how Cash at Bank is reconciled, authorization procedures of payment vouchers and performed Inter-company account reconciliation.