Alain Farah

Experience

• 

  Banque du Liban

  Aug 2015 - Sept 2015

  Summer Intern

  • Rotation across several departments• Developed cutting-edge business solutions, with recognition by Kafalat• Earned the outstanding internship prize

• 

  MEC

  May 2017 - Aug 2017

  Junior Accountant

  • Developed Comprehensive Feasibility Studies: Created detailed financial feasibility studies for various projects, outlining associated costs, timelines, and scope to support strategic decision-making.• Expert in Financial Planning and Analysis: Conducted extensive financial planning and analysis, providing valuable insights to drive business growth and optimize resource allocation.• Collaborated on Forecasting and Budgeting: Partnered with business units to develop accurate forecasts and budget plans, aligning financial strategies with organizational goals.• Managed Financial Operations: Oversaw bank and supplier reconciliations, journal entries, accrued expenses and revenue, financial statements, petty cash management, and filing, ensuring accurate and efficient financial operations.• Provided Financial Support and Guidance: Assisted colleagues with various financial tasks and their implementation, enhancing the overall financial acumen of the team.• Established Efficient Filing Systems: Implemented a new filing system for day-to-day vouchers, improving document management and accessibility.• Streamlined Data Management: Implemented and optimized data management procedures, boosting the company’s operational efficiency by 5%.• Managed High-Value Projects: Contributed to five high-level projects, each with budgets exceeding $100,000, ensuring financial accuracy and effective resource management. Show less

• 

  Leblines

  Mar 2018 - Jan 2020

  Mass Media Sales Representative

  • Managed Sales and Client Support: Successfully handled end-to-end sales processes and provided comprehensive after-sales services, enhancing customer satisfaction and retention.• Enhanced Financial Reporting: Improved the accuracy and clarity of the company's financial statements, contributing to better financial oversight and decision-making.• Strategic Collaboration with CEO: Worked closely with the CEO to analyze and assess the company's financial health, supporting strategic planning and business growth.• Digitized Client Records: Revamped and digitized company client records, streamlining document management and improving information accessibility and efficiency.• Boosted Sales Through Financial Analysis: Conducted in-depth financial planning and analysis, leading to a 35% increase in sales by identifying key growth opportunities and optimizing pricing strategies.• Optimized Costs: Achieved a 7% reduction in labor and material costs through effective cost management and process optimization initiatives. Show less

• 

  MetLife

  Feb 2020 - Aug 2021

  Financial Consultant

  • Customized Financial Proposals: Specialized in crafting bespoke financial strategies for high-net-worth clients, meticulously aligning them with their unique goals and financial circumstances.• Simplified Complex Financial Concepts: Excelled in demystifying complex financial policies, enabling clients to make well-informed decisions that drive successful policy adoption.• Exemplary Client Relationship Management: Provided outstanding after-sales support through proactive and continuous communication, ensuring client satisfaction and fostering enduring relationships.• Strategic Pension and Retirement Planning: Partnered with public and private sector employees to enhance pension plans and optimize retirement benefits, offering strategic advice tailored to individual career timelines and retirement aspirations.• Comprehensive Family Financial Planning: Guided families in developing robust financial plans focused on education funding and long-term wealth accumulation, helping secure their financial futures and achieve their educational and financial goals. Show less

• 

  Al Fakher

  Oct 2021 - now

  • Developed and executed financial strategies across two countries, fostering collaboration and synergy within sales and commercial teams.• Designed and presented strategic proposals to enhance operational efficiency in distribution and forecasting processes.• Led the implementation of comprehensive financial analyses in manufacturing to optimize costs and refine pricing structures.• Conducted detailed raw material analyses, coordinating with local and international logistics teams to support tobacco manufacturing operations.• Played a key role in establishing manufacturing plants in Egypt and Iraq, overseeing Capex, Opex, and raw material procurement.• Ensured compliance with quality standards in tobacco manufacturing, contributing to the production of high-quality products.• Managed financial operations for manufacturing facilities in Iraq and Egypt, overseeing cash flows exceeding $50 million and maintaining strong relationships with bank managers.• Prepared and presented comprehensive financial statements to the finance head and director, ensuring all financial reporting adhered to IAS and IFRS standards.• Handled VAT filings and submissions in collaboration with tax consultants and managed 14 bank accounts across the holding group.• Facilitated internal audits and tax preparations for five companies within the group, enhancing financial compliance and reporting accuracy.• Led the budgeting process, preparing management reports through cross-departmental collaboration and analyzing budget variances to drive financial performance improvements.• Ensured accurate and timely month-end and year-end financial closures, supporting junior staff and team members to meet reporting deadlines efficiently. Show less • Directed daily financial operations, managing and recording day-to-day expenses to ensure accurate financial tracking and reporting.• Developed comprehensive financial statements and conducted in-depth financial analyses to support data-driven decision-making.• Led the forecasting and budgeting of annual expenses, ensuring fiscal discipline and alignment with the company’s strategic objectives.• Managed a diverse investment portfolio, overseeing acquisitions of startups, luxury assets, and real estate properties to optimize returns and drive growth. Show less

  • Group Senior Accountant

    Mar 2024 - now

  • Family Office Accountant

    Oct 2021 - Feb 2024