Muhammad Ehtisham

• Managed a substantial exposure of PKR 53.4 billion, including both funded (long/short term) and non-funded facilities across 19 Commercial Banks.
• Assisted the Treasury Manager in maintaining corporate liquidity and financial stability through meticulous cash planning and forecasting.
• Spearheaded the creation of revised schedules for sensitivity analysis, a critical component of the financial model for the debt restructuring process involving 18 banks.
• Responsible for Financial Analysis and periodic reporting, encompassing ROI assessment of surplus funds, debt financing, leasing facilities, payments to vendors, and payroll management, among other financial aspects.
• Coordinated seamlessly with auditors to facilitate the preparation and audit of financial statements, ensuring strict adherence to International Financial Reporting Standards (IFRS) and local regulatory requirements.
• Leveraged financial acumen to identify opportunities for optimizing fund placement and portfolio mix, aligning strategies with organizational goals.
• Maintained vigilant oversight of revenue collections and investment of surplus funds in accordance with strategic directives.
• Conducted negotiations with commercial banks' treasury departments to secure advantageous market positions.
• Collaborated closely with the trade team on matters involving Letters of Credit (LCs), contracts, bank guarantees, customs duties, and other essential requirements.
• Ensured meticulous documentation to facilitate seamless transactions with banks, including facilities letters, documentation, and director's resolutions.
• Conducted comprehensive reviews of the company's cash forecasts, performing insightful analyses comparing projected versus reported cash holdings.
• Prepared detailed debt profiles and stock reports for Management reporting

• Led daily cash position analysis, consistently providing weekly cash flow forecasts encompassing receipts and disbursements.
• Collaborated with the Assistant Manager-Treasury to optimize working capital, ensuring operational efficiency.
• Cultivated relationships with financial institutions for cost-effective lease facilities for both commercial and non-commercial vehicles while meticulously managing lease obligations.
• Actively liaised with banks, orchestrating the opening and retirement of import foreign and inland letters of credit (LCs) and contract documents in line with maturity dates.
• Efficiently reviewed and managed foreign and local currency payments.
• Provided detailed consolidated cash flow projections to guide financial decision-making.
• Conducted day-to-day cashflow forecasting, optimizing fund availability for strategic investments.
• Allocated cash balances, maintained meticulous investment records, and produced precise expense and earnings forecasts.
• Acted as a liaison between the treasury department, banks, and the trade team, ensuring seamless communication and coordination for all treasury-related matters.

FESF (Family Educational Services Foundation) is a leading Non-Profit Organization (NPO) in Pakistan, dedicated to enhancing the quality of life, particularly for underprivileged community members. FESF holds "UN ECOSOC Consultative" status since 2014 and collaborates with organizations like US AID, UK AID, Google, i-Care, and IDRF to make a meaningful difference in society.

• Produced financial reports, conducted performance analyses, and prepared cash flow forecasting reports while ensuring strict adherence to accounting policies and international accounting standards.
• Reported to both local and international project partners, including notable organizations such as Google, UNICEF, US AID, UK AID, IDRF Canada, I-care Foundation USA, and the Government of Pakistan.
• Collaborated with the Chief Financial Officer (CFO) to craft annual budgets and reported variances against budgetary targets.
• Managed the monthly payroll process for 400 employees through an ERP system, ensuring accurate and timely compensation.
• Successfully handled the preparation and filing of monthly and annual tax returns, meticulously managing regulatory compliance requirements and meeting all tax authorities' deadlines.
• Coordinated seamlessly with both internal and external auditors, promptly addressing and resolving their inquiries.
• Organized financial audits and conducted due diligence activities to maintain financial transparency and integrity.
• Ensured the implementation of all organizational policies and procedures, promptly reporting any instances of non-compliance.

• Collaborated with the Financial Manager (FM) and Chief Financial Officer (CFO) in the formulation of budgets and the development of cash flow forecasts.
• Ensured a smooth month-end closing process by accurately allocating expenses and provisions to their respective accounts.
• Managed the processing and preparation of financial documents to verify account balances and facilitate purchasing activities.
• Assumed responsibility for payment processing, meticulously verifying documentation and initiating disbursements.
• Conducted routine calculations to generate analyses and reports in response to requests from the Financial Manager.
• Undertook special assignments as directed by the Finance Manager and CFO, demonstrating versatility and adaptability.
• Assisted the Finance Manager in the collection of data for monthly reporting.
• Skillfully prepared monthly bank reconciliations, schedules, and comprehensive reports

As an Audit Associate at KPMG Karachi, a member firm of KPMG International, I worked in the Risk & Advisory (Internal Audit) Department, reporting to the Audit Supervisor. My role encompassed serving major clients, including ICI Pakistan Limited and CIRIN Pharmaceuticals, within KPMG's global network of professional firms offering Audit, Tax, and Advisory services.

• Conducted comprehensive audits by evaluating organizational objectives, structure, policies, internal controls, and compliance with external regulations.
• Identified high-risk areas, meticulously prepared audit scopes and objectives, and developed audit programs for thorough examination.
• Evaluated compliance with regulations and internal controls through the systematic execution of audit program steps. This included scrutinizing records, reports, operational practices, and documentation.
• Assessed risks and internal controls by pinpointing areas of non-compliance, conducting evaluations of both manual and automated financial processes, and identifying process weaknesses and inefficiencies.
• Provided clients with expert advice on accounting practices and recommended optimal solutions tailored to specific business segments.
• Collaborated with team members to resolve audit-related issues and contributed to overall risk management procedures.