Empowered to advise on any and all finance affairs, reporting directly to the Country Manager (chief executive).Ensured the timely preparation of financial statements and management reports, presenting this data to senior management.Prepared cash flow projections and analyzed cash position. Managed short-term corporate investments and negotiated with banks for improved credit facilities, exchange rates, and interest rates.Oversaw receivables and payables, ensuring compliance with relevant contracts, quick approval and processing of payments, and timely receipt of funds for outstanding invoices.Facilitated integration with the audit and tax departments through oversight of related functions.
- Supported the establishment of new branch offices in India and Bangladesh and registration of company with appropriate regulatory bodies, as well as hiring and training new finance staff. By keeping this process in-house, overall cost was reduced by half and registration was much faster than anticipated.
- Reviewed inventory management system to address discrepancies between system records and physical balance, suggesting the implementation of changes in the current business process.These structural improvements resulted in a dramatic decrease in inventory errors and a more efficient system overall.
- Supervised the execution of a due diligence assignment for the purchase of an ownership stake in an E&P company, leading to a PKR 3M decrease in cost and a substantial reduction in transaction time.
- Managed company investments in excess of PKR 2B as an alternate revenue stream, negotiating interest rates with banks and on average achieving rates in excess of 125 basis points higher than previously.