Sajjad H Bawa

Experience

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  Alstom Group

  Jan 1996 - Jan 1999

  ASSISTANT MANAGER ACCOUNTS

  First ISO 9001 certified Company in Pakistan, a concern of ALSTOM France S.A. which is one of the World’s leading suppliers in Energy, Transmission & Distribution, Transport, Industry, Marine and Local Contracting.  Prepared management & statutory accounts.  Conducted methodical study of cost variances and reported findings to the management that resulted in reduction of labour cost.  Successfully managed a turnkey project of PKR. 1 billion.  Formulated Risk Management report that used by management to reduce risk exposure. Participated in ISO 9001 related activities. عرض أقل

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  Gargash Motors & General Trading

  Feb 1999 - May 2003

  CHIEF ACCOUNTANT

  A prestigious UAE based Group dealing in franchises which had 100 % stake of world’s largest Automobile Companies “General Motors” & “Fiat SpA.” Supervised department of 5 team members. Reporting to CEO and Financial Controller.  Prepared budgets / estimates and their monthly monitoring against actual. Prepared cash flows. Also worked on Gross Profit analysis. Appraised / due diligence of an investment opportunity that resulted in addition of new franchise.  Designed and implemented control procedures for the effective business flow. Supervised successfully the implementation of Auto Financials, Oracle based ERP package. Supervised annual audit of the company (E&Y; previously Andersen) عرض أقل

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  MAMMUT BUILDING SYSTEMS FZC

  May 2003 - Sept 2010

  FINANCE & TREASURY MANAGER

  Associated with Mammut, a subsidiary of EMAAR (EII) – Dubai, UAE as Finance & Treasury Manager. Middle management position reporting to the CFO and CEO. Responsible for managing six group companies with offices in 9 countries and turnover of over AED 2.0 billion. Major responsibilities include:  Independently & successfully supervised department of 10 team members including divisional heads.  Carryout treasury/trade finance activities and maintaining relationships with the leading UAE banks.  Managed working capital, trade finance and project financing requirements for the group and its subsidiaries.  Successfully negotiated numerous financial transactions with the banks ranging from US 50 mil – US 250 mil  Managed interest rate fluctuation exposure by entering into various Interest Rate Swap contracts of over USD 460 million with leading banks resulting in mitigation of risk and saving of over US 7.0 million.  Managed financial and management reporting & analysis of financial data.  Evaluated, assessed and maintained appropriate financial and accounting policies aligned with IFRS  Prepared monthly rolling and annual budgets / estimates and strictly monitored different cost factors that curtailed cost. Also prepared cash flows and financial projections.  Coordinate with external auditors (KPMG / E & Y). عرض أقل

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  Mohamed Yousuf Naghi & Brothers Group.

  Sept 2010 - now

  Director Group Treasury

   Prepared & implemented Policies & guidelines for overall treasury function.  Strengthened profit performance and decision making by initiating up-to-the-minute treasury and risk management structures.  Established and managed over USD 3 billion in financing to date through diverse debt instruments i.e. bilateral (conventional), Club / Syndication, Capital market (Sukuk) and Export Credit Agency backed funding. Financial transactions include:  Established & managed USD 1.5 bil working capital lines from leading local and Int’l banks. Successfully negotiated USD 500 mil 10 year concession project  Negotiated ECA backed financing of USD 150 million.  Established USD 150 mil factoring / receivable discounting lines with local and Int’l banks.  Supervised various trade finance transactions like LC (import, export), Guarantees (bid bond, advance payment, performance bond etc.), discounting (local bills, foreign bills, factoring).  Managed derivative transactions against various currencies. Dealt with FX contracts of over USD 1 billion with leading banks for the purpose of mitigating currency exposure.  Formulated policies to manage risk with regard to credit, liquidity, interest rate & forex etc.  Successfully negotiated financing cost resulted in reduction of spread by 25 bps.  Managed financial operations including financial and management reporting and review and analysis of financial data related to company’s performance  Developed internal controls and process work flows of treasury function across the group.  Prepared monthly rolling and annual cash flow & financial projections and strictly monitored the actual vs plan.  Evaluated capital projects and new business proposals and also streamlined business processes. عرض أقل