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Saqib Abbasi, CTP
Assistant Manager Treasury, CFA Level III Candidate
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Phone
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Commercially driven Finance and Certified Treasury Professional (CTP) with over Twelve years’ experience with progressive multinational organizations. Extensive track record of providing high quality financial management services to companies with particular focus on maximizing financial position and value creation to shareholders. Ability to create wining team culture through Strong interpersonal skills and result oriented approach. Area of expertise; • Corporate Financial Management & Transaction structuring • Financial & Cashflow forecasting • Risk and Investment Management • Financial Modeling and Data visualization • Treasury operations and control
Professional Experience
Telenor Pakistan (Pvt) Limited
Assistant Manager Treasury
(Dec 2012 to Present) 6 Years & 11 Months

Prepared three years treasury funding and value creation strategy -Arranged Financing Facility of US$ 70 million from Citibank -Prepared comprehensive excel based model for Cash Flows forecasting which was selected as part of best practice for cash flow forecasting and implemented at other BU's of Telenor ASA -Preparation and implementation of Counter party risk assessment model (CPRAM).

Managing the corporate finance needs; ensuring timely arrangement of funded and non-funded facilities for Telenor and its subsidiaries through onshore and offshore funding-Ensuring optimum level of Capital structure of subsidiaries-Preparation of cash flow projection to identify the cash surplus/deficit and devising strategy accordingly-Driving Working capital initiatives and improving FCF. Risk assessment of counterparties and ensuring that all counterparty limits (CPL’s) are compliant

Fx Risk Management by using forward and through sourcing by providing input at the time of contract negotiation for better effective Fx cover.Evaluating and suggesting investment options to ensure maximum return-Monitoring daily funds position and ensuring liquidity-Responsible for smooth operations of company cash management-Implementation of cash management solutions-Relationship management with financial institutions

Warid Telecom (Pvt) Limited
Assistant Manager Treasury
(Aug 2008 to Dec 2012) 4 Years & 4 Months

Arrangement of Cross Currency Swap (CCS) for offshore facility amounting to $ 500M to hedge currency risk-Reviewed the collection structure of the company & implemented new Cash Management Solution that reduced the overall collection cost by 75%, improved EBITDA and collection time from D 1 to D 0.

Preparation of short-term cash flows’ forecast & variance reports on fortnightly basis-Preparation and monitoring daily funds position to ensure the optimum utilization of funds-Money Market deposit placements, foreign exchange inward and outward remittances, rate shopping, and close liaison with central bank for FX settlements

Establishing and processing of LCs and LGs-Debt Servicing & Loan documents’ Compliance-Verification and Processing of Onshore and offshore debt servicing-Monitoring Cross Currency Swap transactions-Correspondence with State bank of Pakistan-Liaison with Accounts department for the booking of loans and respective debt servicing

Lafarge Pakistan Cement Limited
Cash Management Executive
(Jul 2007 to Aug 2008) 1 Year & 1 Month

Implemented Cash Collection arrangement in coordination with Banks, AR & Sales team-Automated Collection Confirmation System in coordination with inhouse IT & cash management teams of the banks

Preparation of daily & short term cash flows-Monitoring of both inland as well as exports proceeds’ collection operations of the company-Liaison with FX departments of the banks for various FX transaction-Preparation of bank reconciliations & calculations of financial charges/interest income

Area of Expertise
(Jan 1970 to Present) 49 Years & 10 Months

Corporate Financial Management & Transaction structuring

Financial & Cashflow forecasting

Risk and Investment Management

Financial Modeling and Data visualization

Treasury operations and control

Technical Skills
  • Corporate Finance
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  • Liquidity Management
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  • Cash-flow Forecasting
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  • Financial Modeling
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  • Risk Management
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Personal Skills
Education
CFA
CFA Level III Candidate
(Jun 2017 to Present)
Association of Finance Professional
Certified Treasury Professional (CTP)
(Jan 2016 to Present)
Quaid-i-Azam University
MBA-Finance
(Jan 2005 to Feb 2007)
Personal
  • Nationality
    Pakistan
  • D.O.B
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  • Marital Status
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  • Driving License
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Languages
Urdu
Native or Bilingual Proficiency
English (US)
Professional Working Proficiency