Assem Alaeddine, Msc Email & Phone Number

Belgium,Dubai,Angola,Lebanon

Experienced in FMCG, Manufacturing & Distribution, with expertise in the African Market.Key Responsibilities:• Ensure compliance of group financial records with established accounting principles and policies.• Prepare accurate and timely consolidated financial statements (monthly, quarterly, yearly).• Analyze group financial reports, tax filings, and regulatory compliance, addressing critical issues proactively.• Monitor tax-related matters and provide compliance guidance.• Coordinate and facilitate internal and external audits, addressing significant findings promptly.• Oversee budgeting and forecasting processes, analyze variances, and implement corrective actions to meet objectives.• Conduct financial analyses for capital investments, pricing strategies, and contract negotiations.• Provide financial insights to support long-term strategic planning and decision-making.• Develop periodic management reports to provide insights into financial and administrative performance.• Lead group cash management, ensuring alignment with operational needs and optimizing cash flow.• Lead cost-saving initiatives through periodic reviews and actionable recommendations.• Identify and mitigate financial risks, ensuring robust internal controls across the group.• Lead the implementation and optimization of financial systems, ensuring accurate data integration and reporting.• Oversee the reconciliation of intercompany transactions and collaborate with sister companies to ensure accuracy and transparency.• Manage and streamline finance department operations, including daily workflows and month/year-end closings.

Beirut, Lebanon

Experienced Audit Senior Manager with a demonstrated history of working in the accounting industry.Skilled in International Financial Reporting Standards (IFRS) , income Tax, consolidation and application of methodology and accounting standards.Key Responsibilities: • Led end-to-end audit processes, including planning, execution, and final reporting, ensuring compliance with International Financial Reporting Standards (IFRS) and other relevant regulations.• Reviewed and prepared financial statements, including complex consolidations, ensuring accuracy, compliance, and meaningful presentation for stakeholders.• Provided clients with insights and recommendations on income tax compliance, reporting, and optimization strategies.• Conducted thorough risk assessments to identify financial and operational risks, implementing controls to enhance compliance and governance.• Applied audit methodologies and accounting standards effectively, tailoring approaches to client-specific needs while adhering to regulatory and ethical standards.• Managed and mentored audit teams, fostering skill development and maintaining high performance across engagements.• Built strong relationships with clients, providing advisory support and establishing trust to secure long-term collaborations.

Beirut, Lebanon

Officially appointed as a key finance professional in the liquidation process of a Lebanese bank "under voluntary liquidation," supervised by the Central Bank of Lebanon.Key Responsibilities:• Acted as the single point of contact with External Auditors, the Special Investigation Commission (Central Bank of Lebanon), and the Banking Control Commission of Lebanon, ensuring accurate, timely, and issue-free outcomes.• Oversaw all data extractions, ensuring consistency with governance, transparency, and accountability standards.• Provided and validated financial reports, conducting regular analyses of the Bank's balance sheet components to support strategic decision-making.• Managed the Bank’s assets, performing accurate valuation and quantification to ensure optimal resource allocation.• Supervised the full operations of the Bank’s related insurance companies, ensuring compliance, efficiency, and alignment with strategic objectives.

Lebanon

Key Responsibilities:• Contributed to strategic decision-making as a member of the top management team, shaping financial strategies to align with organizational objective.• Assisted the CEO and COO in designing and implementing new business models and products, driving improvements in organizational structure and profitability.• Initiated and coordinated the formulation of annual operating plans and budgets, monitoring progress and highlighting key trends, opportunities to maximize income, reduce costs, and mitigate risks.• Ensured that financial statements and returns comply with statutory, regulatory, and IFRS standards, procedures, and deadlines.• Established financial policies in line with directives from the CEO and senior management, ensuring compliance across all relevant stakeholders.• Oversaw the effective management of capital and balance sheet structures, addressing funding, liquidity, currency, and market risk. Optimized the bank’s tax strategy to enhance financial positioning.• Monitored operational and capital expenditures, ensuring adherence to budgetary limits and efficient resource utilization.• Collaborated with internal departments (e.g., Treasury, HR, IT, Procurement) to address accounting and finance-related matters.• Led the reengineering of key financial processes, including management reporting, liquidity controls, budgeting, business performance analysis, and the chart of accounts.• Acted as the primary liaison with the Ministry of Finance (MOF), Banque du Liban (BDL), and external auditors to manage the bank’s financial and accounting status.• Managed relationships with external parties concerning payment processes and other financial matters.• Recruited, oriented, supervised, and trained the financial directorate staff, fostering a culture of excellence and continuous improvement.

Lebanon

Key Responsibilities:• Gained familiarity with operations across various industries, enhancing adaptability and sector knowledge.• Prepared consolidated financial statements and complex disclosures in compliance with IFRS.• Supervised and guided team members, ensuring deliverables met high-quality standards; provided feedback and coaching to support professional growth.• Directed the application of auditing methodologies and accounting standards, ensuring compliance and consistency.• Identified operational improvements, resolved assurance issues, and developed practical solutions.• Reviewed audit files and financial statements for accuracy and adherence to accounting and audit guidelines.• Led and managed all stages of audit fieldwork, coordinating with clients and teams to address audit risks and technical matters effectively.• Prepared management letter points (MLPs) for banks and companies, documenting findings, recommending improvements, and ensuring implementation.• Reviewed work by junior team members and provided constructive feedback to enhance their performance.• Maintained professional and successful interactions with clients, ensuring satisfaction and fostering long-term relationships.• Managed project budgets, billing, collections, and variance analysis.• Built and maintained positive relationships within the team to promote a productive and supportive environment.Clients portfolio Management:Managed a diverse portfolio of clients across industries such as: Shipping: CMA CGM, A.P. Moller-MaerskDistribution: L’OréalManufacturing: PepsiCo (Syria), Ciment de Sibline S.A.L., Soieme S.A.L.Pharmaceutical Industry: Sanofi Aventis S.A.L.Trading: Strong International, Sony Pictures Television InternationalInsurance: MetLife Alico LebanonBanks & Financial Institutions: BBAC (Lebanon & Iraq), BML, SNCB, MEAB, BSL, ...Non-Profit Organizations: Save the Children, U.S. Aid (Jordan)Others: Navlink (France)

Masters, Accounting And Finance, Masters In Finance

Bachelor, Business Administration And Management, General, Bachelor In Business Administration

High School/Secondary Diplomas And Certificates, Mathematics, French And Lebanese Baccalaureate