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Financial Analyst Manager

Maplewood, NJ
June 17, 2019

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Anwar Ali Bhatti

** ******** ***

Maplewood, NJ 07040

Phone: 908-***-****


Professional Summary

Disbursement Specialist with around 36 years Disbursement and Financial Management Experience in the World Bank, around five years’ experience in an international Commercial Bank, and around three years’ experience in a foreign mission in Islamabad, Pakistan as an Accounts Officer. Broad experience in multi-cultural environment, excellent team player, able to handle independently disbursement/financial management, contract administration, audit and accounts, budget making, procurement policies, monitoring and evaluation systems of research activities, coordination among federal provincial, local governments and international donor agencies. Sought training inside/outside the Bank in various aspects. Enjoy excellent rapport among co-workers and supervisors.

Work History

October 1983 to March 5, 2019

The World Group Islamabad, Pakistan

Disbursement Officer, Disbursement Analyst and then as Financial Analyst (Disbursement Specialist)

Main responsibilities include but were not limited to:

Regular participation in pre-appraisal/appraisal, project launch workshops, negotiations (participated in successful negotiation of around 150 plus projects under entire portfolio of Pakistan), supervision and Implementation Completion Report missions under Bank assisted projects in Finance, Agriculture, Irrigation, Social, Banking Industry, Energy, and Power sectors;

Offer advice when requested to the project entities in financial forecasting/programming/budgeting;

Assessment of financial viability of Bank funded projects under no and or minimal supervision;

Provide technical assistance to internal/external clients in Bank's disbursement procedures/issues;

Prove guidance in fulfillment of Project Implementation Agencies (PIU) fiduciary responsibilities;

Review existing financial management systems of PIUs and suggest improvements and or alternate fund flow and internal control mechanisms for the upcoming projects e.g. use of Interim Financial Reports and or Statement of Expenditures (SOEs);

Ensuring proceeds of loans/credits/co-financing operations are used in accordance with legal agreements and procedures;

Primary point of contact on disbursement processing matters with Task Leaders, Legal, Cash Management, and Loan Accounting staff;

Drafting related portions of legal documents for assigned upcoming projects/trust funds and signing disbursement related internal/external correspondence;

Provide technical assistance and guidance to representatives of borrowers, donor governments, multi-lateral aid agencies, commercial banks and suppliers on disbursement processing matters;

Capacity Building of Project Implementation Agencies, through national/international seminars on a regular basis;

Liaise with Government of Pakistan and provide support to HQ, in Washington D.C., in following up on timely repayments of all the demand notices under various Loans and to follow up on overdue payments, if any;

Day-to day interaction with all stake holders on disbursement and financial management aspects;

Fully conversant with Bank's procurement procedures, guidelines and a little bit of IT matters;

Independent monitoring and preparation of monthly disbursement status reports for Bank's entire portfolio in Pakistan;

Prepare disbursement projections for review by managers in Bank's HQs and Islamabad Office;

Pre-screening of withdrawal applications (w/a) under all Bank assisted projects including Trust Funds and Grants providing first level of approval for payment.

Moreover, during supervision mission, review of the supporting documentation for w/as submitted based on the IFRs/SOEs, and recommend recovery for ineligible expenditures incurred, if any;

Monitoring of contracts and Designated Accounts opened for Bank's share of financing under all Bank assisted projects and assisting the clients to ensure their operation and maintenance in accordance with agreed procedures;

Champion for Client connection website, and assist PIUs for trouble shootings and on-line submission of withdrawal applications under various loans/credits/trust funds;

Follow up for overdue repayments, if any, under entire portfolio for Pakistan, in collaboration with Economic Affairs Division, and Central Bank;

During 2002, visited Bank's Kabul Field Office, and provided Technical Assistance/advice on disbursement related issues to senior Ministry of Finance/Central Bank Officials; and.

Participate in various regional level annual South Asia region Financial Management strategy meetings; and December 1976 through Many May 1981: Worked as an Officer in United Bank Limited, an International Commercial Bank).

Main responsibilities included:

Processing/approval of pay-in slips/cheques;

Supervision of cash books, journals/subsidiary ledgers, reconciliation of various transaction and daily statement of affairs;

Supervision of daily cash receipts/payments;

Processing of applications for advances and disbursement of Loans;

Processing/authorization of national/international remittances;

Handling sale/purchase of foreign currencies, and Opening/retirement of national/international commercial Letters of Credits.

Remained Manager, International Banking Department of the Civic Center Branch, Islamabad.


Always met Disbursement targets set at the beginning of the of the Financial Year. Annual disbursement varies from US$ 500 million to around 1.5 billion;

Maintained friendly relations ship with Project Implementation Authorities (PIU), Federal/Provincial Governments, Central/Commercial Banks, Contractors/Consultants/Suppliers, and internal/external clients;

Country Champion, for Bank’s website, namely “ClientConnection” in creation of organization/user accounts, for on-line submission of withdrawal applications by the authorized signatories;

Ensuring correctness under the withdrawal applications submitted by the PIUs, pointing out ineligible expenditures, if any, and if the applications are submitted in line with agreed procedures, and in line with legal agreements;

Helped expedited transfer of funds to PIU, in collaboration with Loan/Cashiers/Federal Reserve Bank of New York, and Central Bank;

Provided necessary guidance to PIUs in Bank’s/Government’s procurement procedures;

Received 20/30 years completion of service certificates from the President of the Bank; and

Received more than 20 Regional Vice President Awards (certificates, including cash awards), on various occasions.

June 1981 to September 1983

Accounts Officer

Worked as an, in foreign mission and carried out whole range of an accountant's responsibilities including HR, disbursement of staff salaries, procurement of office supplies, and maintenance of books etc.


1995 University of Punjab Lahore, Pakistan

Master of Arts Economics

Personal Information

Date of Birth (November 9, 1954)

Contact No: 908-***-****

Contact this candidate