Michel Daou Email & Phone Number

Beirut Governorate, Lebanon

° Received a strong rating twice in the internal audit and empowered a multinational finance team based in Lebanon to effectively execute daily financial stewardship of the business, including direct collaboration with 2 local colleagues and seamless coordination with a team of 6 individuals, with 4 located in India and 2 in Dubai by ensuring smooth cross-border operations.° Strategically produced cash flow, credit, and working capital to support operations goals by achieving measurable results such as 22% reduction in cash flow gaps and a 18% decrease in credit balances.° Formulated strict adherence to relevant laws, regulations, and company policies, resulting in a 98% compliance rate and zero legal violations recorded in the past 5 years.° Drove and oversaw H&C Leo Burnett financial strategies, budgets, and forecasts by leveraging financial data analysis to compile and present comprehensive financial report to the Board of Directors, demonstrating a 95% accuracy rate in financial projections.

Beirut Governorate, Lebanon

° Skillfully helmed financial resources to enhance operations and implemented strategic initiatives by contributing to a 20% boost in decision-making efficiency and a 25% improvement in strategic alignment.° Prioritized the implementation of new financial software, the "economic system", by playing a key role in emerging new technologies, including the transition to SAP, to enhance operational efficiency by proactively identifying areas of process improvements and recommending automation strategies.° Compiled extensive financial reports and insights to facilitate clear communication of the company's performance and delivered guidance that contributed to making informed management decisions resulting, in a 12% improvement in cost-effectiveness.° Took charge of improving comprehensive annual budgets for affiliates, resulting in a 10% increase in budget accuracy and reducing forecasting errors by 15%.

Beirut Governorate, Lebanon

° Spearheaded monthly and annual closings by consistently delivering tight deadlines and upholding accounting standards and formulated in-depth financial reports, affecting a 15% growth in revenue.° Ensured exemplary regulatory adherence by reinforcing financial standing and expertly navigating intricate VAT regulations, which led to a 98% accuracy rate in quarterly reports and a 20% reduction in tax- related errors.° Created a rolling forecast data set and precisely forecasted profitability across various performance scenarios while also managing the finance department's day-to-day operations.° Diligently supervised suppliers payments, boasting a 99% on-time payment rate, which significantly improved supplier relationships and streamlined procurement operations.

Beirut Governorate, Lebanon

° Guaranteed the adherence of accounting transactions and information established, including IFRS "International Financial Reporting Standards", company policies, procedures, and local regulatory requirements.° Successfully managed a diverse portfolio of financial and cost accounting functions encompassing accounts receivable, accounts payable, and general ledger maintenance, resulting in a 95% reduction in processing errors.° Assumed leadership of the complete accounting department, spearheading ongoing training and professiona development activities initiatives that resulted in a 25% increase in staff proficiency.° Collaborated closely with both internal and external auditors during financial and operational audit processes by conducting an analysis of transactional processes and identifying opportunities for enhanced accuracy.

Beirut Governorate, Lebanon

° Successfully resolved outstanding collections by analyzing customer payment plans and payment histories, resulting in a 35% reduction in overdue accounts within a six-month period.° Directed financial reporting, audit oversight, and tax management, encompassing the analysis of financial statements, regulatory compliance during audits, and strategic tax planning and reporting to maximize efficiency while minimizing risks.° Demonstrated adeptness in managing the financial accounts of affiliated enterprises operating across the MENA region, highlighting a strong command of international accounting principles and expertise in cross-border financial management.

Beirut Governorate, Lebanon

° Skillfully crafted and examined monthly, quarterly, and annual financial statements, including balance sheets, income statements, and cash flow statements, by remaining current on accounting regulations and standards to ensure compliance with evolving requirements.° Prepared and recorded an average of 50 daily financial entries for branches and head office, guaranteeing the accurate and timely processing of financial transactions.