Abdul Karim

Experience

• 

  ALI Enterprises

  Jan 1995 - Jan 1998

  Officer

  • Preparing of export documents • Preparing of Export Refinance documentsPart I against Export Shipment and Part II performance Based• Handling Refinance Matters• Purchasing of computer and its assessorsies • Deal in all hardware and other matters of computers.

• 

  Novatex Limited

  Oct 1998 - now

  Current Special Assignment: Implementation of Banking Integration with Bank for SAP ( Collection and Payment ) Implementation of TRM – SAP ModuleAd-hoc responsibilities :  Bank dealings for all financial matters for both Islamic and conventional facilities/limits Supervising finance related matters for other group companies Dealing with Bank for arrangement of conventional financing facilitiesKey Responsibilities:  Deal Foreign Exchange (FX) transactions with the treasury desk of banks, negotiate export proceeds and import payments in FX. Hedge foreign exchange exposures outright forward and managing natural hedges  To Invest surplus funds to the bank and mutual fund  To arrange finance at the finest price negotiated with commercial banks throughShort Term Loan, Export Finance, FE-25 Loans, Export Bill Discounting, Local Bill Discounting Dealing derivative products like: Currency Options, Interest Rate Swap & Cross Currency Swap Minimize Borrowing cost by swapping loans from one to another Establish a high level of credibility and manage strong working relationships with banks  To supervise for daily borrowing/outstanding loan position reports Supervision of internal controls and compliance system  Measuring actual performance against target, recommending remedial action where unfavorable trends are reflected. Conduct reviews and evaluations for cost-reduction opportunities.  To provide day to day support and resolution of escalated issues by interacting with internal Treasury service users and external service provider. Correspond with various in other departments, discussing company plans and agreeing on future paths to be taken. To review daily exchange rate sheets  To prepare management reports on forex position of the company Correspond with various in other departments, discussing company plans and agreeing on future paths to be taken. Any other matters assigned by higher management. Show less MARKETING AND EXPORT DEPARTMENT• Preparing of Export Documents• Preparing of Export Refinance documents Part I against Export Shipment and Part II – Performance Based• Handling of FE25 Loan Matters • Export Forward Booking • Export Bill discounting • Export Bill Negotiation• Local Bill Discounting • To supervise other matters assigned to staff of the department• Liasioning with commercial banks for various issues Show less

  • Manager

    Feb 2004 - now

  • Assistant Manager

    Oct 1998 - Jan 2004
• 

  Gatron (Industries) Ltd. (Gatro-nova Group)

  -

  Forex Treasury