Farooq Saeed 1121 Meighen Way, Milton, Ontario, L9T 6V6 Phone: (416) 725 3585 Email:
[email protected]
OBJECTIVE Achievement oriented professional with diversified experience in operation, administration, accounting, fund/ cash flow management, business support, performance reporting, and financial analysis. Strong PC and spreadsheet skills; excellent multi tasking and organizational aptitudes. Extensive experience in cost improvement, project analysis, business plan development and budgeting. Effective communicator and problem-solver.
CAREER HIGHLIGHTS • • • •
Over 10 years solid finance, administration, operation and processing experience; 9 years life insurance experience with a specific focus on processing and administration; 5 years audit and policy/regulations development experience at the Central Bank; Developed/designed new computer procedures reducing staff workload by 3,000 hours;
PERSONAL SKILLS • • •
Strong understanding of office and database programs process, administration and financial products and services; Thorough level of knowledge of strategic and business planning gained through extensive hands-on experience; Well versed in all leading industry database programs.
PROFESSIONAL EXPERIENCE Transamerica Life Insurance Company, Canada Senior Policy Administrator
• • • • • • • • •
1999 - 2008
Designed calculation, reporting and tracking program for Gain/Loss (G&L) and Letter of Indemnity (LOI) payments; Processing financial transactions including sell, buy, transfer, switch, reset and non-financial transactions during RRSP season. Administered Banking Electronic Payment Program (EPM) and used control procedure for reconciliation to check discrepancies in reports; Finance Section Team Leader of Mutual funds for 2 years and 3 years as Control Specialist; Developed several financial/operational modus operandi to increase accuracy and minimize errors; Key leader in project aimed at reducing the pre-authorized check (PAC) process flow from 23 steps to 7 steps thereby eliminating work duplication, increasing process time and promoting cost-effectiveness; Involved in tax calculations, issue tax receipts according to products type and client location. Key player of introducing new office procedures for returned mail client; and Actively represented the business in the user acceptance testing team (UAT) to ensure the accurate implementation of new operating system.
N-Tel Communication Inc., Canada Administration Officer
1999
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Maintained books of accounts with all financial analysis, budgeting and auditing; Prepared all periodic financial statements and related working papers; Compiled and reviewing business action plans to ensure that specific goals will be achieved; Verified and audited the suppliers' vouchers and all general entries with the trial balance and other related documents; • Correspondence and direct dealing with the vendors, clients and banks; and • Assisted with the preparation of strategic plans, annual budgets and current year forecast. State Bank of Pakistan (Central Bank) Audit Officer, Banking Policy & Regulation
1993 – 1998
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Prepared comprehensive audit and financial inspection reports of banks and financial institutions; • Verified that all bank branches are in timely compliance of all standard rules administered by Financial Institutions; • Successfully designed and implemented computerized procedures for producing consolidated statistical statements of more than 100,000 pages received annually; • Developed a new work process reducing 3,000 man-hours annually and a 50% reduction in turn-around time on closing; Prepared a Comprehensive Penalty Schedule in line with different rules and regulations of Central bank; first such implementation in 40 years history of the Central Bank; and
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Key player in introducing "Standard Balance Sheet System" for financial institutions for the first time in the country.
COMPUTER SKILLS • • •
Highly proficient user of MS Office including Word, Excel, Power Point and Outlook. Well versed with UNITRAX, CAPSIL, LIFETRAX and AMIS Good typing speed
EDUCATION Master in Business Administration, Philippines
1991
Bachelors of Commerce, Pakistan
1987
PROFESSIONAL CERTIFICATIONS Leap Program (Customer Service Program) Transamerica Life Insurance, Canada
2002
Mutual Fund Course International Finance Investment Company (IFIC), Canada
2001
Income Tax Personal Centennial College, Canada
1999