Summary
Overview
Work History
Education
Skills
Websites
Accomplishments
Languages
Personal Information
Timeline
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Talha Khurshid

Talha Khurshid

Karachi

Summary

Dynamic finance professional with extensive experience at United Energy Pakistan Ltd., excelling in Oil invoicing, stakeholder and cash management and cashflow forecasts. Proven track record in optimizing liquidity and enhancing operational efficiency through SAP implementation. Strong negotiation skills and regulatory compliance expertise drive impactful financial decision-making and strategic growth.

Overview

13
13
years of professional experience

Work History

Manager Oil Accounting

United Energy Pakistan Ltd.
Karachi
04.2025 - Current
  • Preparing and reviewing all crude oil sales invoices, supplemental invoices, and debit/credit notes to ensure accuracy and compliance with obligations under relevant COSA Petroleum Policy, Agreements, and PCA and/or Export Agreement.
  • Responsible for revenue forecasting of UEP for the annual plan and QPRs.
  • Prepare and oversee the compilation of oil data for monthly reporting to various stakeholders.
  • Responsible for ensuring timely reconciliation of accounts pertaining to revenue, crude oil inventories, royalties and levies.
  • Ensuring timely recovery from refineries.

Deputy Manager - Treasury

United Energy Pakistan Ltd.
01.2018 - 03.2025
  • Develop and implement effective cash management strategies to optimize the group's liquidity position.
  • Initiated and oversaw the integration of an in-house bank model, streamlining cash pooling and payment processing to enhance liquidity management and operational efficiency, while ensuring regulatory compliance.
  • Manage relationships with banks and financial institutions.
  • Managed short-term and long-term investments in fixed income, money market and mutual funds, ensuring optimal portfolio performance and risk mitigation.
  • Presented comprehensive investment proposals, including diverse options and country outlooks, to the leadership team for strategic approvals.
  • Develop and maintain accurate short-term and long-term cash flow forecasts to support proactive decision-making.
  • Led the SAP implementation initiative as the Treasury focal point, overseeing the seamless integration of SAP FI module & SAP Fiori to enhance treasury operations.

Accounts Officer

Engro Powergen Qadirpur Limited
01.2015 - 01.2018
  • Company Overview: EPQL operates within the power generation and sales sector.
  • Supervise the meticulous preparation and filing of annual, monthly, and quarterly tax returns, ensuring adherence to federal and provincial regulations and deadlines.
  • Identify, develop, and implement tax optimization strategies to enhance the company's overall fiscal efficiency and competitiveness.
  • Facilitate the preparation of comprehensive Board meeting packages, presenting financial information in a clear and concise manner to aid strategic decision-making.
  • Led the transformation of financial processes, leveraging SAP functionalities to enhance efficiency in reporting, budgeting, and financial analysis.
  • EPQL operates within the power generation and sales sector.

Finance Officer

Orient Textile Mills Limited
01.2013 - 01.2015
  • Company Overview: The company mainly focuses weaving of griege cloth and sale of home textile products.
  • Lead month-end closing procedures and collaborate on the preparation of monthly operational and financial reports as needed by the Chief Accountant.
  • Coordinate with the Tax Consultant to furnish supporting documents and workings for cases under review by Taxation Authorities.
  • Oversee the accounting and taxation functions by supervising the accounts team, ensuring accuracy and compliance.
  • Support Statutory Financial Auditors during their audit of group entities, maintaining effective communication throughout the finalization of Financial Statements and addressing audit observations.
  • The company mainly focuses weaving of griege cloth and sale of home textile products.

Audit Associate

Reanda Haroon Zakaria & Company
01.2012 - 01.2013
  • Company Overview: Reanda Haroon Zakaria & Company is an audit, accounting and advisory firm.
  • Employed a risk-based audit approach that encompassed a thorough comprehension of the pertinent industry, business/accounting cycle, entity-level controls, and general and application controls relevant to auditing financial statements.
  • Collaborated with clients to facilitate the preparation of financial statements adhering to International Financial Reporting Standards (IFRS) and various local financial reporting frameworks.
  • Executed specialized assignments of a distinct nature, encompassing unique audits and full-scope inspections to address specific client needs.
  • Reanda Haroon Zakaria & Company is an audit, accounting and advisory firm.

Education

Master of Business Administration -

Institute of Business Administration
01.2021

B.Sc. (Hons) - Applied Accounting

Oxford Brookes University
01.2020

Associate Chartered Certified Accountant - (ACCA) -

The Association of Chartered Certified Accountants (ACCA)
01.2016

Bachelor of Commerce -

University of Karachi
01.2013

Skills

  • Cash Management
  • Negotiation Skills
  • Problem Solving
  • Financial Modeling
  • Regulatory Compliance
  • Investment Management
  • IFRS
  • Audit
  • Cash Flow Forecasting
  • SAP S/4 Hana

Accomplishments

  • Successfully implemented SAP S/4 Hana FI module & SAP Fiori, revolutionizing treasury operations by automating processes such as cash flow preparation, bank reconciliation, and cash flow planning, resulting in enhanced efficiency, accuracy, and strategic decision-making capabilities.
  • Continuously improved treasury processes, introducing automation, and implementing best practices, resulting in increased efficiency, reduced errors, and enhanced overall treasury management.
  • Ensured stringent compliance with regulatory requirements, leading to successful completion of regulatory audits by the central bank and maintaining a spotless compliance record.
  • Successfully achieved cash flow targets amidst challenging economic conditions, showcasing resilience and strategic financial management skills in maintaining fiscal stability despite lower recoveries and adverse economic indicators within the country.

Languages

  • English, Native
  • Urdu, Native

Personal Information

  • Date of Birth: 24-October-1991
  • Marital Status: Married

Timeline

Manager Oil Accounting

United Energy Pakistan Ltd.
04.2025 - Current

Deputy Manager - Treasury

United Energy Pakistan Ltd.
01.2018 - 03.2025

Accounts Officer

Engro Powergen Qadirpur Limited
01.2015 - 01.2018

Finance Officer

Orient Textile Mills Limited
01.2013 - 01.2015

Audit Associate

Reanda Haroon Zakaria & Company
01.2012 - 01.2013

Master of Business Administration -

Institute of Business Administration

B.Sc. (Hons) - Applied Accounting

Oxford Brookes University

Associate Chartered Certified Accountant - (ACCA) -

The Association of Chartered Certified Accountants (ACCA)

Bachelor of Commerce -

University of Karachi

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Talha Khurshid