KHAWAR SATTAR

• Managed fund administration of multiple local and international real estate funds
• Trained and managed onshore and offshore fund administration teams
• Prepared/ reviewed partner allocations, waterfall schedules, fee calculations
• Reviewed capital activity, calls, distributions and transfers
• Prepared/ reviewed periodical NAV, financial reporting packages and investor statements
• Participated in process improvement initiatives and systems’ enhancements, implemented Yardi accounting system and revamped key reporting templates for more efficient and meaningful management reports
• Successfully managed a difficult client relationship, not only streamlined their current portfolio but also got awarded even a bigger portfolio from them.

• Part of the team that managed year end reporting of the entity which comprises of more than 150 funds and approximately 1, 700 individual real estate projects within those funds
• Conducted monthly, quarterly and annual financial reviews of the projects
• Trained and supervised staff for review and consolidation of financial reports
• Prepared consolidated financial statements of funds in compliance with US GAAP
• Prepared impairment analysis of projects
• Designed and implemented improved operating procedures for the year-end process which resulted in meeting challenging deadlines

• Prepared financial projections, budgets, variance analysis, and cash flows for management. This facilitated in making strategy for achieving short and medium term objectives of the company by preparing business plan using financial modelling. New strategy resulted in achieving targeted revenue within four months
• Supervised monthly and quarterly financial statements, management reports and ad-hoc financial analysis for the senior management

• Performed group-wide month-end close responsibilities including the monitoring of the monthly close process across international business units including USA, UK, Europe, Asia
• Set up and managed the investment group back office accounting department
• Hired, trained and managed the accounting team
• Implemented investment module of ERP and supervised integration with core banking system
• Prepared annual group-level budgets and periodical variance analysis
• Part of the team which restructured the international investment portfolio after economic downfall in 2008. Worked very closely with senior management
• Supervised successful implementation of iMal Assets module that remains the core database of group’s data, its integration with accounting module saved approximately 20 hours monthly
• Revamped the financial reporting structure and integrated it with the incoming reports from global affiliates which saved at least 50% of the employees’ time in preparing the reports
• Supported the restructuring task force with financial and sensitivity analysis to restructure international investment portfolio successfully within eleven months.

• Four years in a public accounting firm, assignments included external and internal audits, internal control reviews, tax consultancies, special projects and implementation of accounting software.
• Three years in different industries including non-profit, telecom and a real estate development company. Supervised successful implementation of ACCPAC ERP in two companies and Sun Accounting in one company that resulted in more efficient and timely financial reporting
• Improved the standard operating procedures in the telecom company that saved three hours of employees’ time on a daily basis
• Revised the business plan for the resort development company to save approximately $1.3 million.
• Prepared monthly, quarterly and annual financial statements and management information reports in compliance with IFRS. Prepared budgets and variance analysis reports. Designed and implemented improved operating procedures. Trained and managed teams. Liaised with financial institutions, statutory authorities, legal consultants and auditors.