Hamza Chhotani, Aca Email & Phone Number

Karachi, PK

• Engaged in buy-side valuation for large-scale acquisitions of brownfield project, assessing potential upsides and downsides to support informed decision-making.
• Led the funding strategies, identifying diverse sourcing options to ensure a robust and healthy capital structure for the Group.
• Prepared financial models and presentations tailored for both local and foreign lenders, demonstrating project value based on seller business forecast along with the buy side sensitivities.
• Collaborated closely with senior management to finalize and negotiate transaction terms, while structuring the deal to align with strategic objectives.

• Key Value Additions:
• Group-wide fixed cost curtailment (~USD 15 Mn) during economic shocks through contract negotiations, optimization in manning, deferred hiring, and reduction in business travel through promoting virtual training and.
• Led efficiency projects, applied the concept 'ESSA' (Eliminate, Simplify, Standardize and Automate) to restructure finance workstream across the group - savings in man hours.
• Revamped the cost recovery and royalty charging model through engagement with McKinsey & Co.
• Led the top-down target setting for the energy and petrochemical vertical, identifying value drivers for each business using EVA and Scorecard Methodology.
• Optimized the capital structure of the polymer business by evaluating sensitivities such as gas price, core-delta, and domestic market conditions.

• Key Value Additions:
• Achieved 1SAP optimization through standardized practices across the Group (SAP FI & PS module)
• Led Project to Outsource back-office function and investment management of Retirement Funds worth USD 35 Mn for cost optimization & focus more on productive tasks
• Revamped the policies, standardized ‘Limit of authorization matrix’ across the Group, introduced Shariah Compliant Funds for employees
• Being a Business Partner for centralized divisions (CPF & ICT), involved in KPIs setting to evaluate savings generated through centralization
• Represent Group company and led ‘User Acceptance Testing’ of SAP BCP Module across the Group to ensure smooth consolidation (15 active subsidiaries)

• Key Value Additions:
• Drove business growth, shared opportunity and successfully expanded company's services beyond ‘Mutual Fund Sector’ to include ‘Retirement Funds’ with Market Size of USD 2 Bn
• Redesigned the software for retirement funds through engaging ICT
• Successfully onboarded and led back-office accounting function (incl. financial reporting) of ‘Atlas Asset Management Limited’ and 'Pakistan Petroleum - Retirement Funds' (Client net worth: USD 214 Mn)
• Managed team of 8 members for daily computation net assets for mutual funds
• Nominated as BCP Champion, successfully designed and implemented Business Continuity Plan to achieve ISO 22301:2012 certification

• Key Value Additions:
• Engagement in setting up a new subsidiary “ITMinds Limited” to capture the BPO market in Mutual Fund industry
• Participated in a project to develop software (Business USP), the ideal solution for mutual funds
• Onboarding of clients - data migration, monitoring and comparing results during parallel run and ensuring smooth Go-Live
• Engagement with clients on the launch of Products (Islamic Funds and VPS)
• Operational responsibilities - financial reporting & cashflow management

∙ Review proof sheets on monthly basis - perform analytical and detailed audit procedures∙ Review compliances with NBFC Rules and Regulations on regular intervals (Incl. investments)∙ Advisory roles relating to regulatory and budget updates ∙ Manage BAC meeting requirements

Chartered Accountant, Accounting And Finance

Examination Route (Cleared Advance Papers along with the Case Study)

Associate Chartered Certified Accountant (Acca), Accounting And Finance

Bachelor Of Science (Honours), Accounting And Finance