شادي الخوري

Managing the Finance and the Accounting department;
- Preparing consolidated financial statements on a quarterly basis;
- Preparing cash flow statements on a monthly basis;
- Preparing Financial budgets;
- Preparing analysis and special reports;
- Confirming financial status by monitoring revenue and expenses versus
budgets;
- Overseeing VAT, NSSF, and TAX declarations;
- Reviewing and Confirming payables and receivables, bank statements
reconciliation, intercompany reconciliation;
- Liaise with the regulatory bodies;
- Coordinating with external audit;

- Managing a team of thirteen accountants;
- Preparing technical results on quarterly basis;
- Liaise with the regulatory bodies;
- Confirming financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports;
- Overseeing VAT and TAX declarations;
- Reviewing and Confirming payables and receivables, bank statements reconciliation, intercompany reconciliation;
- Supervising quarterly solvency report to CAA Luxembourg;
- Coordinate with external audit firms;

- Meeting accounting financial objectives by forecasting requirements;
- Preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
- Confirming financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports.
- Maintaining accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
- Guiding other departments by researching and interpreting accounting policy; applying observations and recommendations to operational issues.
- Maintaining financial security by establishing internal controls.
- Avoids legal challenges by understanding current and proposed legislation; enforcing accounting regulations; recommending new procedures.

Procedural Audit (managing a team of five auditors)
- Reviewing data regarding material assets, liabilities, surplus, income, and expenditures.
- Inspecting items in books of original entry to determine if accepted accounting procedure was followed in recording transactions.
- Inspecting notes receivable and payable, negotiable securities, and checks.
- Verifying journal and ledger entries of trial balances items.
- Preparing reports to the management for recommendations regarding improving operations and financial position of company,
- Preparing financial statements according to IFRS and local regulations,
- Controlling monthly financial reporting,
- Controlling fiscal declarations related to income tax, VAT, tax on salaries,
- Controlling social declarations related to the NSSF