Waqas Ali Bajwa

• Run the full finance function for the Modern Electronics division a high-volume B2B and retail operation
turning over around SAR 2 billion annually. The team I manage has nine people covering AR, AP, and
general accounting.
• Report to the CFO on financial governance matters and work closely with the COO on commercial
decisions, while also maintaining a reporting line into Group Finance to keep everything aligned with
corporate standards.
• Act as the main finance contact for the Commercial, Operations, and Supply Chain teams getting involved
early in pricing discussions, contract reviews, and revenue recognition questions before they become
problems.
• Led the SAP S/4HANA rollout for the division, covering FI, CO, MM, SD, and HCM modules. We also
integrated BI dashboards and Salesforce alongside it. By the time we went live, data migration and testing
errors had been cut by 50% compared to earlier phases, and the teams manual reporting workload dropped
by around 40%.
• Went through all our internal control procedures, found where the gaps were, and put fixes in place. We
have come out of the last three external and internal audit cycles with no major findings that includes
customs, tax, inventory, and compliance audits.
• Handle all ZATCA obligations for the division: VAT, Zakat, and Transfer Pricing. This gets complicated with
multi-year service contracts and cross-border intercompany transactions, so I stay close to any changes in
GAZT guidance.
• Built out a proper budgeting and rolling forecast process where there wasnt really one before. Senior
leadership now gets monthly variance packs with commentary rather than just numbers.
• Prepare quarterly and annual financial statements under IFRS and manage the year-end process end to
end.
• Work alongside the COO when we are evaluating new commercial contracts running the financial impact
assessment and making sure the pricing structure actually makes sense over the contract life.

• Looked after financial analysis and earned value management for large construction and engineering
projects. The work involved tracking costs against budget in real time and flagging to senior management
when a projects profitability trajectory was shifting.
• Worked inside a Joint Venture structure with a government partner, which meant navigating two sets of
administrative policies and getting cost approvals through a matrix of stakeholders on both sides.
• Identified a number of site progress issues that were creating a chain of cost overruns. Put together a
recovery strategy that resulted in a 15% cost saving and supported additional claims to the client.
• Reviewed monthly billed IPCs carefully for indirect cost misstatements catching errors before they hit the
income statement rather than after.
• Tracked operational KPIs across the office: resource utilization, overhead burn, backlog position, and
business development costs.

• Prepared monthly and annual group reporting packages following Telenor Groups Financial Reporting
Manual a fairly strict process given the listed parent company environment.
• Managed the reconciliation between Oracle Financials and HFM (Hyperion) to make sure the numbers fed
into group consolidation were clean and complete.
• Handled the day-to-day relationship with external auditors responding to queries, walking them through
accounting positions, and making sure they had what they needed to sign off on time.
• Ran internal financial audits and helped the business understand where IFRS requirements had changed
and what that meant practically.

- Responsible for all financial aspects including accounting, reporting, financial planning, analysis, pricing, and forecasting.
- Led the annual planning process, monthly P&L review, and identified driving factors for a variance to plan, and forecast.
- Performed monthly financial statement analysis and reporting to management on revenue and business strategies.
- Ensured the integrity of accounting information by recording, verifying, consolidating, and entering transactions.
- Preparing reports, commentaries, ratio analysis and financial statements.
- Planning, execution and completion of an audit assignments, including analysis of existing internal controls, evaluating potential
- Risks and advising management of remedial actions.
- Plan and perform operational and financial audits to ensure that financial statements are fairly presented in accordance with IFRS and local laws.

▪ Setting up General Ledger, Accounts Payables, Accounts Receivables, and keep up to date these ledgers as required.

▪ Review business financial reports.

▪ Preparation and submission of quarterly VAT return to HMRC.

▪ P60s, P11D, P14, year-end closing and online submission of P35.

▪ Preparation of trial Balance.

▪ Processing all types of payments by keying in or over the phone by doing some extra security checks to the customers.

▪ Supporting the unit in delivering robust and risk free processes in relation to payments.

▪ Processing and settlement of all internal customer, bank to bank account (MT202

& 203), (CHAPS), foreign (MT103).

▪ Referring dirty Payments to relevant Relationship Managers and Branches and get them authorized over the phone and through Fax.

▪ Involved in the processing of High value payment i.e., payments above £5m. Authorizing all types of payments over the phone by doing some extra security checks to the customers.