SOHAIL AHMED MEMON

• Monitor and control account balances, review divisional fund and cash positions and their consolidation, validate balances with banks, and oversee foreign currency payments to ensure effective cash flow management.
• Ensure sufficient funds are available for banking obligations, authorize and oversee fund transfers, supervise timely retirement of Import LCs, and monitor exchange and markup rates across banks.
• Prepare monthly cashflow forecast and actualization reports to monitor and manage financial liquidity.
• Oversee timely verification of export proceeds, ensure accurate preparation and submission of SBP and regulatory statements (Annexure-A, Annexure-D, EE Statement, etc.), and keep management informed of export-related settlements.
• Monitor and evaluate FC exchange gains and losses, advise on currency hedging, book forward contracts and prepare post-closeout profit and loss analyses.
• Ensure timely preparation of import/export business position and bank outstanding position reports.
• Arranged and processed bank guarantees across various business requirements.
• Coordinated funding for opening and settlement of Letters of Credit (L/Cs) and contractual obligations.
• Handled export bill discounting to ensure timely liquidity.
• Oversaw disbursements across multiple financing modes, including Istisna, Musharakah, Murabaha, Sukuk, Running Finance, Term Finance, FE-25, Pledge Financing, ERF, EFS, LTFF, and TERF and follow up with banks for required documentation, and maintain strong professional banking relationships.
• Manage SECP charge registration, modification, and satisfaction (vacation) processes.
• Supervised Joint Pari Passu (JPP) charges over stocks, receivables, and fixed assets.
• Arrange and verify bank documentation, ensure timely submission of stock reports, manage professional bank correspondence, ensure compliance with company standards, and escalate critical treasury issues to senior management.
• Manage and oversee timely and accurate bank reconciliations, resolve discrepancies, ensure compliance and strong internal controls, and report key issues to senior management
• Respond to SPB notices on export remittances and attend related hearings as required.
• Kept financial suite secure, controlling access and maintaining accounting structures to meet corporate requirements.
• Supervised treasury team, providing guidance and support to foster professional development and achieve departmental objectives.

Reports

• Fund Position
• Export/Import Transactions
• Economic Indicator Report
• Import Due Diary
• Quarterly Cashflow Forecast
• Actual Cashflow vs Forecast
• New Facilities / Renewal Report
• FC Inflow/Outflow Position for Forward Booking
• Banking Facilities Report
• Business with Banks Report
• Bank Reconciliation
• Statement of SBP Notices/Hearings
• Monthly Outstanding STL & LTL loan balances report

• Managed banking facilities, including renewals, enhancements, and compliance with financial institutions.
• Arranged and processed bank guarantees across various business requirements.
• Coordinated funding for opening and settlement of Letters of Credit (L/Cs) and contractual obligations.
• Handled export bill discounting to ensure timely liquidity.
• Managed Term Deposit Receipts (TDRs) placements and optimization of returns.
• Oversaw disbursements across multiple financing modes, including Istisna, Musharakah, Murabaha, Sukuk, Running Finance, Term Finance, FE-25, Pledge Financing, ERF, EFS, LTFF, and TERF.
• Managed SECP charge registration, modification, and satisfaction (vacation) processes.
• Supervised Joint Pari Passu (JPP) charges over stocks, receivables, and fixed assets.
• Ensured timely renewal of insurance policies aligned with credit facility requirements.
• Coordinated and arranged Premium payment receipt (PPRs) within deadlines.
• Prepared and monitored cash flow statements (daily and monthly).
• Maintained monthly provisions for accrued markup/profit on financing facilities.
• Generated monthly reports on long-term and short-term loan outstanding balances.
• Managed daily fund movements and optimized liquidity utilization.
• Liaised and negotiated with banks and financial institutions on financing terms, L/Cs, exchange rates, markup, commissions, charges, and documentation.
• Ensured timely repayment of all financing obligations and facilities.
• Prepared monthly stock and receivables report and coordinated with stock inspection teams.
• Verified and processed supplier payments through banking portals.
• Insurance compliance and documentation of Policy renewal and Claim Management.
• Prepared daily Forward Cover reports.
• Developed monthly budgeted cash flow statements.
• Prepared monthly receipt budget.
• Generated monthly receivables reports.
• Monitored and reported daily actual cash flow.
• Prepared monthly financing facility reports.
• Maintained monthly markup/profit provision reports.
• Generated facility-wise closing balance reports on a monthly basis.

• Ensure to prepare Export shipping documents in prescribe time as per SOP.
• Ensure timely submission of original shipping Documents to bank.
• Resolution of queries with banks related to Export documents.
• Liaison with Sales team to arrange documents attested with authorized body as per customer's territory requirements.
• Follow-ups with Sales team to arranging overdue payments from customer.
• Prepare Monthly shipment plan to arrange customer's approval on plan.
• Arrange meetings with all units to make the dispatches align as per shipment plan.
• Liaison with production department to ensure the goods ready well in time.
• Monitoring of Shipment plans with customers on daily basis to arrange shipment directions.
• Liaison with clearing agent to have clarity on plan for arranging transportation and other documents for custom formalities.
• Liaison with Forwarders to move shipments on material confirm delivery date.
• Arrangement of Freight charges by negotiating with forwarders.
• Liaison with warehouses for loading arrangements.
• Place bookings and arrange Loading programs & CROs from forwarder.
• Freight analysis for EU and USA market.
• Handling third party contracts.
• Trade Allocation on the basis of Bank Financing.
• Timely submission of EEEF and role-over of ERF-II.
• Custom Rebate Claim.
• Handling DLTL claims and ensure timely submission of Claims.
• Handling Debit/Credit adjustments.
• Bank overdue Management.
• To assist in advance payment reconciliation and asset disposals with Finance.
• Leading to Export team in all functional activities.
• Preparation of Daily sales position.
• Preparation of Export Shipping Document tracking report.
• Preparation of Monthly DLTL dashboard.
• Preparation of Monthly sales reports.
• Preparation of Monthly customer's rebate provision report.

• Sales Compliances, Purchase operating cycle, Receivables, Medical benefits. Fixed Assets, Employee Benefits (Bonus, Leave Encashment, LFA, Education Reimbursement), External contracts Compliances.
• Interbank funds transfers, Foreign Payments (Telegraphic Transfer), Local Supplier's Payment, Clearing & Forwarding Payments and Documents, Bank Documentations (Trust Receipt, Overdraft, Running Finance, etc.).
• Making recommendations in audit report related to the improvement of internal control System and monitoring the performance of system & Submit periodic audit observation reports on timely basis to the superiors.