ACCA Part Qualified
MA Economics
Bachelor of Commerce
o Maintain Equity Investments & Mutual Fund Portfolio of JSCL.
o Maintain Daily Cash Position for Equity Investments
o Daily MIS Reporting of Investments Portfolio.
o Liaison with Brokers (Next, Sherman, JS Global, Topline, Adam, Intermarket) regarding Equity Transactions.
o Recording of Transactions (Daily Investments).
o Handling of large data volumes in Business Intelligence tools & Excel files.
o Knowledge of financial system database and tools for developing reports & data extraction through queries.
o Prepares valuation reports of Equity securities.
o Support in Executive Investment Decision Making.
o Preparation of Quarterly and Annual Financial Statements of the Company.
o Coordination with parties for execution of transactions.
o Transmission of settlement instructions to Trustee.
o Periodic reconciliation of portfolios and Atlas Funds banks. o Preparation of Financial Statement of Atlas Funds. o NAV Calculation. o GL Module & UMS Module related ERP development.
o Portfolio valuation including provisioning as per funds’ policy.
o Arrangement for payment of transaction charges including brokerage.
o Managing margin requirements (cash and securities).
o Dealing with money market securities (T-Bills, PIBs, Sukuk and etc.).
o Prepares valuation reports of money market securities. o To Some extent managing Compliances of Internal Controls.
o Liaison with brokers/banks for money market transactions settlement. o IFRS and Non-Banking Financial Companies regulations
o Compliance with SECPs rules and regulations in execution of transactions.
o Prepares financial reports by collecting, analyzing, and summarizing account information and trends.
o Complies with federal, state, and local legal requirements by studying requirements; enforcing adherence to requirements; filing reports; advising management on needed actions.
o Contributes to team effort by accomplishing related results as needed.
o Record lodgments and all sales, purchases, B/L invoices and different transactions on a daily basis. Checks balances against ledger and accounting records.
o Verifies that such amounts agree with financial statement items-such as an asset, a liability, revenue or an expense.
o A reconciliation occurs at month end, just after receives bank statements.
o Maintain & reconciles every D.H.L (Airway Bill Numbers) in respect of every documents dispatched by our bank to the foreign bank.
o Checking & verifying every relevant document.
Deals Settlement (funds and discretionary portfolios):
o To look after Money Market / Equity Market deals’ settlements of close end funds and Discretionary portfolios.
Shares/Reconciliation:
o Preparation of Shares and reconciliation.
Reporting:
o Daily/Monthly/Quarterly/Annual reporting to the management, Custodian, SECP, Bank branches/ Treasuries and to the client etc.
Coordination & Correspondence & Follow-up:
o Coordination, Correspondence and proper follow-up with Trustee(s), counter parties, bank branches / Treasuries, brokers etc.
Processing of Payments:
o To make payments of deals in software and UMS module.
Announcements Updates in Asset Connect:
o Daily verification of announcements and book closures.
Account Opening with CDC/Broker/National Clearing Company of Pakistan Ltd (NCCPL):
o To look after the account opening with Brokers, CDC and NCCPL on behalf of funds and discretionary portfolios and ensure the timely submission of all related documents/Tripartite Agreements.
Shares Pledge & Release:
o To look after shares pledged/release with NCCPL/CDC to meet the daily demand of Exposure Margin & Mark to Market Losses.
Fund Position Report:
o To cross check the fund position prepared by Finance department on the basis of deal tickets and cash flow.
o Providing Audit and Assurance to Power Gas (Pvt.) Ltd., Esquare, Precision Rubber Products, As-sabah Multipurpose Society, Fedglobe (Pvt.) Ltd.
o Undertaking information systems Audit.
o Trial Balance record taking.
o Preparation of financial statements.
o Finalizing the accounts.
o Lead the finance & accounting team.
o Able to work independently and meet tight reporting deadlines.
o Preparation of management reporting and complete set of accounts.
o Maintaining accounting and compliance of financial records according company standards.
o Managing collection, entry, analysis and reporting of data performing various procedures related to the preparation of general ledger cost accounting, and accounts payable/receivable Cash operations.
o To manage all accounts and administration function maintaining books of accounts as per the international
financial reporting standard preparation of monthly/periodical profit and loss statement, balance sheet and cash flow statements.
o Providing regular support to Headquarter management and accounting concerning data entry and back up documents.
o Checking and verification of: Purchase voucher, Journal vouchers (adjusting, closing), Month end Procedure & Payrolls and Payments.
Corporate Finance Fundamentals