Rafia Abdul Sattar

More than 5 years of progressive Financial Management & Accounting experience including treasury,
budgeting, planning, cash flow management, forecasting and process controlling with a sound
knowledge of commercial business implications.

PROFESSIONAL QUALIFICATION

Passed CFA Level 2 [June 2017]

MBA – Finance [Graduating Year: 2012]

Institute of Business Management (IoBM), Karachi
(CGPA: 3.32/4)

B.S Joint Honors – Economics & Finance [Graduating Year: 2010]

Institute of Business Management (IoBM), Karachi
(CGPA: 3.42/4)

KEY SKILLS SET

Financial Management & Reporting Cash Flow and Risk Management 

Forecasting & Investment Analysis Financial Modeling
Financial Planning & Analysis SAP & Magnitude 

PROFESSIONAL EXPERIENCE

Company: Bayer
Designation: Manager Liquidity Planning – Finance
Tenure: August 2016 – January 2017

Prepare annual Cash Flow budgets based on operational & investment budgets received from sub-
groups and service platform for providing an overview of monthly funds requirement against available
credit lines
Group Credit Lines Reporting
Daily Fund Management
Investment of retirement funds (Provident/Gratuity), exploring new ventures for maximizing returns
Analyze EBIT planning of sub-groups, and to prepare budgeted/forecast P&L showing financial results of
legal entities for managements review, discussions and deciding on local profitability requirements, to
maintain key financial ratios necessary for external borrowing from banks.
Facilitate Payroll function with technical support required from the banks along with timely fund
arrangement and looking into payroll solutions for any issues.

Company: Pak-Arab Refinery

Designation: Treasury & Risk Management Analyst
Tenure: Jan 2016 – July 2016

Manage PAPCO’s Investment Portfolio worth PKR 3bn with the best mix strategy of balanced risk and
return venues including PIBs, T-Bills, TDRs and Mutual Funds.
Formulate investment decisions up to PKR 200mn in every 15 days after careful analysis of viable
investment opportunities and available liquidity as per Board mandate.

Rafia Sattar – Curriculum Vitae 1

 Maintain weekly cash flow for reporting 15-day outlook to the CFO including variance analysis, revenue
collections, borrowings, investment maturities and repayments.
Engage with core banks to meet current and future business needs negotiating best possible level of
services and support at all times.

Company: Sanofi
Tenure: March 2013 – Dec 2015

Designation: Assistant Manager Treasury (Started in May 2015)

Key Job Responsibilities:

Monitoring of fund inflows from distribution network, ensuring timely receipt confirmations (from
bank) for release of supplies.
Keeping financial arrangements available with the banks to ensure financing of Business operations and
closely monitoring financing costs/pricing and reporting to the management for decision making.
Trade Finance related transactions, ensuring that all documentations and surcharges are in place and
obtaining favorable rates for inward remittances with the concerned banks.
Fund utilization: ensuring maintenance and proper functioning of Company banking accounts for
business operations so that business requirements and regional guidelines are met.
Monthly Cash flow reporting to Group through TREMA, FX net.
Preparing monthly bank reconciliations for review by Senior Management.
Handling all matters pertaining to hypothecation and securities registered against loans.

Designation: Senior Executive- Fixed Assets & Insurance (Promoted to AM Finance in March’15)
Key Job Responsibilities:

Consolidated reporting of GL accounts related to fixed assets items such as additions, disposals,
transfers-in/out, write-offs, depreciation run and Insurance policies within SAP and in accordance with
Magnitude Reporting.
Preparing monthly/quarterly CAPEX reports according to company KPI requirements.
Assisting in Budget preparation keeping in retrospect financial strategies of Sanofi’s commercial
operations.
Doing cost-benefit analysis of received vendor quotations, reviewing purchase approval summaries and
related documents in accordance with approved purchase requisitions.
Coordinating monthly/quarterly/yearly closing process and reconciliation of general ledger accounts.
Liaising with multiple departments for ensuring timely capitalization of CWIP projects.
Managing portfolio of different insurance programs including Fire, Marine, Motor Vehicles, and Clinical
Trials etc.

Company: GlaxoSmithKline
Designation: Project Trainee – Business Analyst Function
Tenure: Oct 2011 – Aug 2012

Key Job Responsibilities:

Analyzed financial budgeting of sales department funds.

Worked on incentive model policies implementation and calculations.
Analyzed market performance of various drugs based on evolution index.
Designed and proposed an automation process for incentive calculation.
Assisted in budget forecasting for the operational year 2012.

Internships:

HSBC (Financial Services)

Jubilee Life Insurance Limited (Insurance)
Aga Khan University Hospital (Hospital & Health Care)

Rafia Sattar – Curriculum Vitae 2

SIGNIFICANT ACHIEVEMENTS

Secured short term loans worth Rs. 1.2bn at a competitive rate of KIBOR + 10 bps at Sanofi saving
worth PKR 3.6 Million.
Achieved savings for Sanofi by decreasing the insurance premium rate on Vehicle Policy.
Identified projects which helped in timely capitalization of assets worth PKR 251 Million during 2014
that were a part of CWIP.
Prepared a Salvage-Value model for vehicles collaborating with Singapore SAP FICO team and achieving
savings of worth PKR 25.9 Million.
Won 2nd position representing IOBM at ‘CFA Global Investment Research Challenge 2010’ amongst the
top business schools of the country.
Was among 5 students in IoBM to secure CFA scholarship for Level 1.

ADDITIONAL SKILLS
Well equipped with SAP ECC6
Proficient in all components of Microsoft Office, particularly MS Word, MS Excel & MS PowerPoint
Strong Negotiation and Team Management skills
Superior Presentation and Communication skills

CO-CURRICULAR INTERESTS
Interior Designing, Painting and Freelance Writing
Volunteering for Social Cause
Playing sports; badminton and throw-ball
Reading fictional books & fashion magazines

PROFESSIONAL REFERENCES

Will be furnished upon request

Rafia Sattar – Curriculum Vitae 3