Muneeza Mansuri

• Lead a small highly profession that that manage daily cash and liquidity of c£1 billion.
• Manage Group's FX exposures and recommended hedging strategies. Execute FX trades under hedging programme of c $2 billion (FX forwards, options, NDFs etc).
• Manage the Group's interest rate risk, understand the yield curve of relevant currencies.
• Led implementation of CFO dashboard; a strategic data base that provides a summary of treasury KPIs and key market metrics to the CFO and senior finance members
• Successfully lead the development and automation of Group's rolling 13-week forecasting model, working with businesses to obtain appropriate information from international operations to support ongoing cash requirements.
• Responsible for maintaining the Group Treasury Policy, monthly treasury reports, including support of adhoc queries and analysis.
• Proactive partnering with senior management team in M&A activities and strategic business plan.
• Manage relationships with core banking partners, fostering strong partnerships that supports business growth initiatives and geographic needs
• Optimized liquidity position with strategic investment in short-term securities, reducing idle cash balances.
• Prepare the annual budgets and forecasts of Group Treasury, providing valuable input on cash flow projections and financing needs.
• and strengthened the treasury organization view as a business partner within the company.
• Leverage resources with the IT organization in implementing software in the cash forecast process improving information quality and reducing variability by 10%.
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· Oversee the daily cash and liquidity management including preparing and executing cash pooling and investments.

· Execute FX trades under hedging programme of USD2.1bn for the Group (FX forwards, options, NDFs etc)

· Manage FX exposure for the Group and recommended strategies to reduce FX exposures.

· Manage and monitor Group's interest rate exposure.

· Understand interest rate yield curves in relevant currencies (GBP, USD, EUR, PLN, RON etc) to assist with decisions regarding tenor and currency of deposits.

· Produce and monitor the Group's consolidated external interest forecast.

· Lead and review the Group's 13-week cash flow forecast.

· Monitor and maintain banking relationships, including negotiating terms and managing account activity.

· Own the Group Treasury policy. Annual update, ensure compliance and implementation.

· Business partner with key stakeholders including accounting, tax, FP&A and legal to provide expert transactional support and reporting.

· Monitor direct and indirect exposure of Group to counterparties.

· Drive improvement and automation of treasury processes.

· Lead on M&A activities from treasury.

• Led daily treasury operational activities. These include external and internal funding.
• Ensuring a robust treasury accounting system, including internal policies, processes and controls.
• Oversee the treasury month end close and year end close, accounting and reporting process
• Keep up to date on changes to accounting standards, interpretation relevant to treasury, lead their implementation and communication to the wider finance teams.
• Oversee controls related with Treasury activities, including derivatives, debt accounting, hedge accounting and MTM valuations.
• Preparation of treasury notes for annual accounts, finance committee, audit committee

Key project:

• Lead and rolled out FX hedging programme for freight costs across entities in Kingfisher (c$500m)
• Lead the three year automation roadmap. This included upgrade of current TMS, STP of treasury payments, integration with ICD, banking portal.
• Automation of 13-week cash flow forecast
• Lead the transactional banking project from Back Office’s
• Lead dividend repatriation from overseas subsidiaries (Poland, France, China, Turkey), worked with banks to ensure smooth flow of cash, hedging and executing trades. Successfully repatriation over £1bn of cash in three years
• Assisted Group Tax on Group simplification project. This project was aimed at liquidating various subsidiaries. Aided in accounting, potential FX implications and hedge solution
• Disposal of Russia subsidiary of Kingfisher plc.
• Improved financial reporting by creating customized reports in TMS that provided insights into cash positions, investment performance, automated monthly tasks
• Enhanced financial analysis establishing quarterly balance sheet reveiws

Managed the treasury accounting and operations team in Stolt Nielsen Ltd a leading global provider of integrated transportation, storage and distribution solution for chemicals and other liquid. Reporting to head of tax and treasury, my key responsibilities included:

• Review all month end and year end accounting relating to debt, derivative and hedging and ensure it is in line with the requirements of IFRS 9.
• Review monthly treasury flash results and variance analysis.
• Prepare disclosures for annual accounts, extracts for investor presentation, CFO report, audit committee report.
• Maintain treasury policies and procedures and monitor compliance.
• Work with corporate finance and advice on potential accounting treatment of new debt issue or debt restructure.
• Hedge documentation and effectiveness testing under IFRS 9.
• Review and provide recommendations to head of tax and treasury for an efficient intercompany funding structure. Debt versus Equity to minimize tax leakage across the group and ensure cash is repatriated across as dividend or interest.

Key projects:

• Lead the implementation of the TMS (Kyriba) in Stolt. Rolling it across the company and ensuring correct calculations and valuations are being generated.
• Working on de-merger of one of the operating units of the business and preparing it for a potential IPO. Setting up the treasury banking structure for the operating unit.
• Review of long-term intercompany debt structure across the group and recommending the right split of debt and equity ratios.
• Repatriation of cash from complex regulatory countries (China, Brazil).

Worked in Anglian Water for over five, managing a complex debt portfolio of c£10billion. Led the company through IFRS transition, implementation of new TMS system (Reval). Was part of the treasury team that did first Greed bond issuance in utility sector (2017) which won the deal of the year award by the ACT.

• Month end and year end accounting including testing of hedge effectiveness of debt including derivatives, interest cost, hedge accounting and commodity hedging.
• Prepare and submit annual and semi-annual disclosures under IAS 39 for statutory accounts of the Group and its subsidiaries.
• Prepare treasury sections for investor report, investor presentation, offering circular and other board papers
• Quarterly EMIR reconciliation of derivatives with counterparties.
• Prepare accounting papers for complex debt instruments.
• Support to Treasury Front-Office Manager in respect of analysis of market movements on key debt instruments.
• Inflation and interest rates monitoring of market movements and analysing market and economic forecasts.
• Production of data for weekly key markets meetings and weekly energy report.
• Investor and rating agency reporting.
• Liaison with key investors, stakeholder to provide ad hoc information.

Lead the Group Accounting and Financial control team.

External financial reporting

• Preparation and submission of half yearly and annual consolidated financial statements for issuance to bondholders.
• Preparation of finance sections for investor report, investor presentation, offering circular, audit committee report and other board papers.
• Co-ordination with external auditors for year end, half year audits and significant change work.
• Production of regulatory accounts for Anglian Water Services Limited.

Closing procedures

• Monthly closing, preparation of monthly accounts and variance analysis
• Significantly improved the monthly management accounts preparation and submission process.
• Maintained integrity of balance sheet through quarterly review of control accounts reconciliations and processes.

Internal controls

• Identified and implemented internal controls matrix for Finance Business Units.
• Maintained documentation for the financial control monitoring activities.
• Established best practice in reconciliations throughout the business to minimise errors and omissions.
• Responsibility for monthly balance sheet reporting, with focus on working capital balances.

People management

• Supervise the work of small team of accountants. Responsible for their performance, motivation and development.
• Simplified financial data presentation to non-financial colleagues, facilitating informed decision-making.

• Preparation and submission of monthly, quarterly and annual consolidated group reporting package to group finance in accordance with IFRS.
• Preparation of statutory separate and local consolidated financial statements
• Coordination of external audit activities.
• Preparation of annual accounting papers on judgemental and complex areas.
• Prepared the company’s first IFRS compliant financial statements and led the transition from UK GAAP to the IFRS.
• Prepared a comprehensive IFRS Accounting Policy Manual of the company focusing on practical application of IFRS for a technology research business.
• Supervised and mentored assistant accountant in accounting best practices, fostering talent development within the department.
• Liaised with external tax advisors to ensure tax compliance of UK corporate tax and US Federal and State tax.

Worked as a Senior Audit Associate with PwC (Dubai and Pakistan), in the Audit and Business Advisory Group. I have gained accounting, audit, and management consulting experience while working with multinationals, listed companies, and large public sector entities. I have also worked on special projects around development of accounting manuals, supervising internal audit functions and client secondment.