Farooq Saeed

1121 Meighen Way, Milton, Ontario, L9T 6V6

Phone: (416) 725 3585 Email: tahzeeb@hotmail.com

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

• 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

• 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

• 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) 2002

Transamerica Life Insurance, Canada

Mutual Fund Course 2001

International Finance Investment Company (IFIC), Canada
Income Tax Personal 1999
Centennial College, Canada