Temenos T24
Muhammad Ahsan Tariq
Operational Finance
Rawalpindi
Summary
Accomplished finance professional with a proven track record. Specializing in bank reconciliations and internal controls assessments. Expert in Cash Management System, migrations and adept at leading cross-functional projects to enhance operational efficiency. Demonstrated ability to implement policies and procedures, significantly reducing financial discrepancies. Skilled in data analysis and process digitalization, ensuring compliance and streamlined operations.
Overview
12
12
years of professional experience
Work History
Assistant Manager Reconciliations
U Microfinance Bank
10.2022 - Current
- Responsible to ensure financial controls after reconciliation of branches & centralized Ops GLs so that financial risk will be mitigated.
- Supervise & report all inter branch reconciliations, bank reconciliations & Centralized Operations GL reconciliations.
- Identify the deficiencies if any in already implemented bank operational processes and share recommendations for changes in Reconciliation processes.
- Responsible for reporting of all reconciliations performed with their treatment to the management on daily basis in dashboard. Monitor over all operations performed by Centralized Reconciliation Team and ensure that all regulatory requirements/policies are being followed.
- Ensure daily reconciliations of corporate accounts & collection accounts of companies.
- Monitor loan disbursements of corporate clients and perform end to end reconciliations.
- Conducted comprehensive Unit and User Acceptance Testing (UAT) to guarantee system configurations functioned as intended for Core Banking System (T24).
- Planned, created, tested and deployed system life cycle methodology to produce high quality systems to meet unit requirements.
- Streamlined and automated Cash management system Internal CMD department to manage cash & reports process for enhanced efficiency.
- Implemented loss prevention strategies, significantly reducing shrinkage.
Associate Manager Reconciliations.
Mobilink Microfinance Bank
07.2018 - 10.2022
- Supervise Excess Cash deposits on daily basis.
- Supervision & reporting of daily branch excess cash reconciliation and authorization of adjusting entries.
- Supervision and reporting of direct deposit by franchise and retailers on daily basis and manage the settlements of excess and shortage of funds related to franchise and retailers.
- Reconciliation of 1 Link GL review IBFT, UBPS ATM cash withdrawal and manual settlements and home remittance adjustments.
- Responsible of reporting of all the banking reconciliation performed with their treatment on daily basis
- Identify process for digitalization and ensure banks digital agenda and its implementation.
- Ensure daily bank reconciliation of internal accounts T24/CPS. Manage and prepare monthly bank reconciliation for daily operating bank accounts.
- Research and resolve reconciliations discrepancies with Relevant internal departments and branches.
- Identify deficiencies in prevailing bank operational process and recommends the changes to bring the reconciliation process more effective.
- Daily MIS management, recording, summarizing, and reporting.
- Managed cross-functional projects, ensuring timely completion and alignment with company objectives.
Finance Executive
Mobilink Microfinance Bank
12.2016 - 06.2018
- Prepare & report all monthly bank reconciliation for daily operating bank accounts.
- Research and resolve reconciliations discrepancies with Relevant internal departments and branches.
- Preparation of payments after verification after compliance tax and other documents.
- Disbursement of advances and claims after verification and approvals.
- Fixed Assets management and there depreciations at each month end.
- Maintain Payable and receivable schedule of vendors.
- Collaborated with external auditors to ensure the timely and accurate completion of annual audits.
Internal Audit Supervisor
Rural Support Program Network (RSPN)
03.2016 - 06.2016
- Developing internal audit manuals which includes process steps, audit reports and flow charts of significant process of the entity.
- Field work and development of IA Manuals on risk base methodology and identifications of controls.
- Identify gaps and recommends risk aversion measures and cost effective.
- Prepare and present reports that imitates audit outcomes and document process.
- Development of capacity building programs including presentations and trainings of departmental staff.
- Improved overall audit quality by implementing continuous monitoring processes throughout various stages of projects or engagements.
Finance Officer
Iman Group of Companies.
07.2013 - 10.2015
- Developing internal audit manuals which includes process steps, audit reports and flow charts of significant process of the entity. Developed Internal Audit Guidelines for the organization. Developed and implemented operational manual and SOPs for smooth functioning of financial process by suggesting improvements in policies and procedure of the organization.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Optimized cash flow management, ensuring timely payment of invoices and reducing outstanding debts.
Education
Master In Finance in Accounting - Accounting And Finance
Preston University
Islamabad, Pakistan 04.2001 -
Qualified Internal Auditor - Internal Audit
Edinburgh Napier University
International Qualification Network Scotland Uk 04.2001 -
Skills
- Reporting & Settlements
- Bank Reconciliations
- Internal Controls Assessments
- Development & Digitalization of process
- Core banking System Migrations
- Operations Management
- Implementation of Policies & Procedures
- Data Analysis
Software
CPS (Huawei)
Oracle Financials
Pibas Core Banking System
Timeline
Assistant Manager Reconciliations
U Microfinance Bank
10.2022 - Current
Associate Manager Reconciliations.
Mobilink Microfinance Bank
07.2018 - 10.2022
Finance Executive
Mobilink Microfinance Bank
12.2016 - 06.2018
Internal Audit Supervisor
Rural Support Program Network (RSPN)
03.2016 - 06.2016
Finance Officer
Iman Group of Companies.
07.2013 - 10.2015
Master In Finance in Accounting - Accounting And Finance
Preston University
04.2001 -
Qualified Internal Auditor - Internal Audit
Edinburgh Napier University
04.2001 -
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