Sayed Imtiaz

More than 20  years of experience working in  Accounts & Financial Management, Cost Management, Risk Assessments,Business Development and Analysis. Further, I have been more into Foreign Exchange dealing and remittance management & Compliance; representing a unique combination of all disciplines. Personally, I have the drive and determination to achieve consistently success as a leader in all of the organizations that I have worked with in the past.

Developed business relations with foreign banks, agents, service providers, and correspondents for procuring business locally and internationally,  I have been meeting regularly with business associates seeking option for new business corridors, opening new doors for revenue and services. Diversified in various remittance products and services which has resulted in increased business growth  by 11% and cost reduction by 10%, all these has resulted in managing organizational resources  cost effectively at all levels in operations thus a mile stone towards strategic goal.

Hiring competent staff’s, fixing remunerations,defining management’s expectations providing them with necessary training, periodic Assessments and evaluations, employee motivation and employee retention. Further responsibilities involve creating healthy atmosphere at organization level: defining policies & procedures, providing guidelines. communicating ethical values;  evaluating effectiveness of Internal Control and monitoring. Further my scope of work enhanced to Anti-money laundering compliances adhering to regulatory guidelines. 

The early experience of my career was at middle level where I was responsible for various departments within the organization at different times, I began my career from operations, data recording, accounting & and Finance management. Wide arrays of financial and non-financial activities have been carried throughout my career as:

Business operations: includes quoting foreign currency rates, covering foreign banks and developing new clients.

Authorizer: Authorizing Payments, Journal vouchers, Remittances, Swifts within the framework of company’s procedure and policies, include custodian functions.

Reviewing/Monitoring: Review variances over each item into the Income statements, Cash flow and balance sheet, reviewing bank reconciliation to ensure that it is being followed-up timely.

Accounts operations: Consolidating financials, Preparing budgets and necessary accounting provisions,payroll processing, MSR, Depreciations, cash management and account settlement with remittances service providers, ie. Western Union, Xpressmoney, Uremit, Transfasts, other financial houses, pos-machine settlement etc,  these all has resulted in achieving  Foreign Currency exchange gain targets in  and Remittance business increased by 8%, it has also reduced cost of capital by  10%,  managing cash and covering foreign banks account on time has thus reduced finance cost, overdraft and inter-branch interest cost.

CMA, USA (Institute of Certified Management Accountants) 

Bachelor of Commerce (3 years program): 

Specialization: Cost Management,Finance, Accounts, Taxations, Auditing, Economics and Management 

Computer Skill:

Microsoft office, ORACLE, Tally ERP9