Fahad A. Khan, AFA

Experience

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  Teaching Personnel

  Jan 2005 - Jan 2006

  Students Mentor
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  Jubilee Life Insurance Company Ltd.

  Jul 2008 - Jan 2009

  Branch Relationship Officer

  At Jubilee Life Insurance (formerly New Jubilee Life Insurance Company Limited) Public Limited Company under the Companies Ordinance 1984, The company bring global experience to Pakistan. The Company is a subsidiary of the Agha Khan Fund for Economic Development (AKFED), Switzerland. My Job Description:*Render financial consultancy *Preparing customize financial products after determining needs and requirements of clients*Preparing Actuarial illustrations of financial plans *Recover premium and maintain monthly received and receivable premium record Show less

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  Pakistan Petroleum Limited

  Jun 2009 - Aug 2009

  Intern Finance

  PPL is playing a vital role in meeting the country’s energy requirement since the early 50’s and has successfully established itself a reliable partner in providing clean and safe energy from indigenous sources. In the recent past the company has also successfully gained foothold in exploration beyond the national borders in an effort to strategically transit itself into an international E&P company.My Training Domains:->Worked on reporting of local orders in sundry creditor department.->Worked on pensions and medical benefit payments.->Worked on payroll system in staff salary section.->Worked in treasury section, dealing with shareholders’ issues. Show less

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  Infinite Marketing Inc.

  Jan 2010 - May 2012

  Executive - Financial Research

  Infinite Marketing Incorporation is passionate to help its clients in crafting strategic marketing and growth plans leading you to the market leader position.It's the heart of business which instills passion throughout the organization. Get this right and see your business flourish in all 4 seasons.My Job Description:•Financial Research & Preparing Financial Appraisal Reports by using NPV, Discounted Pay Back, IRR etc, Analysis of financial Statements with the assistance of financial ratios & variance analysis. •Evaluating internal controls, identifying control deficiencies & suggesting recommendations•Develop Strategic Management Plans, Business Plans, Marketing Plans, Corporate Social Responsibility Plans, Purchase Recommendation Reports, all these for international clients on customized requirements.•Statistical, Economical Analysis Reports, effective planning and co-ordination of assignments to meet stringent deadlines, including the supervision, training and motivation of team members.•Worked on checklist consisting actions & programs for the month, Analysis of the variances for month end activities.•Conducting business and audit risk assessment via research & analysis;•Ensuring compliance with the requirements of Research Standards.•Developing good working relationships with clients to deliver engagement expectations;•Coordinating with professionals in various fields like legal, actuarial, taxation and information technology;•Assisting clients in preparation of financial statements in accordance with International Financial Reporting Standards (IFRS), corporate laws and other directives of regulatory authorities;•Providing ongoing advisory services to clients Show less

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  Brand Brigade

  May 2012 - May 2013

  Senior Executive Finance

  Among top three Pakistan's BTL Marketing. Providing services like Brand Activation, Business Process Outsourcing, Event Management & Creative Services.My Job Description: 1. Participate in the preparation of final accounts of the company.2. Supervise accounting records and manage the departmental co-ordination and operation.3. Participate in the preparation of the company & project's budgets.4. Establish standards of profitability, liquidity and perform ratio analysis.5. Analyze financial reports and providing financial advice to departments and project managers.6. Provide training to human resource of finance department.7. Prepare, evaluate and implement Standard Operating Procedure for the finance department.8. Co-ordinate with financial auditors, legal and tax consultants. 9. Co-ordinate with project manager to prepare reports that compare actual costs to budgeted.10. Provide the functional authorities of accounting software to assigned staff.11. Invest surplus amount after evaluating available investment opportunities’ risks and returns.12. Supervise WH Taxes and EOBI Contribution payments to government authority. 13. Make detailed invoices against rendering services, maintained receivables and recovery through follow-ups & co-ordination form prestigious clients like, ->L’Oreal Pakistan ->Pakistan State Oil ->Pakistan Petroleum Limited ->Engro Foods Ltd. ->Dalda Foods ->Coca- Cola Beverages ->Heinz Pakistan (Pvt) Ltd – Complan ->Pfizer Pakistan Ltd ->Be Smart Mobile Phone ->US-AID Pakistan ->Tapal Tea (Pvt) Ltd ->Bonanza Garments14. Handle Company Secretariat matters & authorities => SECP => FBR => EOBI Show less

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  Central Depository Company of Pakistan Limited

  May 2013 - Dec 2022

  Worked in various areas during tenure i.e. Finance, CDS, UAT, Taxation, Business Analysis, Mutual Funds Unit Operation, Retirement Funds Operation.1- Financials of following; -ITMinds Ltd -ICI Pakistan Retirement Funds -PPL Retirement Funds -Crescent Steel Retirement Funds -InfraZamin Pakistan -Sarena Textile Invested Fun2- Manage Receivables, Payables, Investments, Banking matters.3- Participate in preparation of Budget & Forecast.4- Handling Taxation matter of the company.5- Participate in preparation of BOD meetings' working papers along notices & agendas.6- Provided Back Office Services to PPL, ICI, CSAP for their retirement funds.7- In-house Mutual and Retirement Funds ERP names BOAS (Back Office Accounting System) Adminstration, UAT, Analysis and implementation.8- Preparation of quarterly/half yearly/annual financial statements of the Company9- Preparation of finance MIS reports for the management10- Review of legal agreements for risk assessment of the Company11- Preparation of financial analysis report, annual budget report and Directors’ report of the Company12- Preparation of bank reconciliations13- Overseeing the payable section of the Company and preparing payment vouchers14- Ensuring accurate computation of withholding tax and sales tax withheld on payments15- Preparation of invoices with accurate application of sales tax and managing ageing analysis of debtors16- Preparation of receivable vouchers and ensuring whether accurate advance tax is deducted by customers17- Preparation of purchase orders18- Managing petty cash amount, preparing payment vouchers for it and disbursement of cash to employees19- Involved in maintaining fixed asset register20- Coordination with internal and external auditors during the audit of Company's accounting records21- Assist in correspondence with prospective clients, existing clients and lawyers Show less Central Depository Company of Pakistan Ltd often known as CDC, Public Limited Company IncorporCDC Pakistan Ltd is the only depository that manages electronic transfer of securities across all three stock exchanges of the country.CDC has further diversified its operations in the following services:1-Investor Account Services2-Trustee and Custodial Services3-Share Registrar Services3-PD & UAT4-IT Minds (IT consultancy and Business Process Outsourcing Services).Job duties are as following:• Participate in the planning for the improvement of Back Office Accounting System.• Co-ordinate in the preparation of clients’ financial statements, summaries and other reports.• Develop and implement the procedures for Back Office Accounting System.• Co-ordinate the preparation and implementation of financial simulation models.• Develop, manage and provide training to team members.• Evaluate profitability standards for investment activities.• Support Operations of Back Office Accounting System.• Actively Participate in meetings with IT Developers for system modifications & customizations as per clients/SECP or authorities requirements.• Test New Developments and modifications in the Accounting system.• Handle Debugging of the Accounting system.• Notify and report to senior management concerning any trends that are critical to the financial performance.• Prepare, evaluate and maintain cost finding, internal control and reporting procedures• Examine back office accounts and records and prepare income tax returns from accounting records.• Co-ordinate the process of improvement in accounting procedures, financial reporting systems by recommending valuable changes and controls.• Support to manage Fund Accounts, Money Market & Unit Management of following prestigious clients.1) KASB Funds Ltd2) Atlas Asset Management Ltd3) ABL Pension Fund4) First Capital Mutual Fund Ltd Show less

  • Asst. Manager - Corp. Finance, System UAT & Admin

    Jul 2019 - Dec 2022

  • Sr. Officer - Business Analyst & UAT BO Accounting

    Jul 2016 - Jun 2019

  • Officer - Financial PD, UAT & Marketing

    May 2013 - Jun 2016
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  Jubilee Life Insurance Company Ltd.

  Dec 2022 - now

  Unit Pricing and Investment Reporting:1- Daily NAV calculation of Unit Linked Funds with portfolio size of more than PKR 150 billion.2- Dissemination of daily fund prices via website and newspaper.3- Review daily fund accounting vouchers in IPAM and monthly fund accounts.4- Monthly schedules of investments which includes Schedule of Government Securities, Fixed Income & Equity Portfolios.5- Monthly investment vouchers in Oracle EBS and finalize investment TBs on company level.6- Investment notes for quarterly & annual reporting, NAV reconciliations, FCR returns and other regulatory reporting.7- Liaison with external and internal actuaries for unit pricing review.Settlements8- Settlements of Equity through NCSS powered by NCCPL, Mutual funds and Fixed Income.9- Accounts Payable Requisition of all investments.10- Review of monthly Purchase and Sales Brokerage data for compliance.Banking Operations11- Review daily cash flow position and identify if there is an idle funds or any liquidity requirement.12- Fund to fund transfers and inter-fund trades.13- To participate in preparation of solvency management as stipulated by the Insurance Ordinance, 2000 and the Insurance Rules, 2017.14- Liaison with banks for profit rates negotiation.Others15- Implementation of accounting and regulatory changes as and when required.16- To regularly cross check compliance as per Investment Policy Statement (IPS).17- Participate in review of SoPs, as and when required.18- Implementation of New Unit Pricing Software and integration with Oracle EBS.19- Preparing / Reviewing of financial models to smooth out daily operations.20- Liaison with Internal / External Auditors.21- To look after over all bank accounts, brokers account and mutual funds account.22- To maintain relationship with CDC, NCCPL and Banks for IPS. Show less

  • Deputy Manager Finance - Investments & Banking Operations

    Jan 2024 - now

  • Asst. Manager Finance - Investments & Banking Operations

    Dec 2022 - Dec 2023