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christine maalouf, Chief Financial Officer

christine maalouf

Chief Financial Officer·AI 12 DMCC

United Arab Emirates

Higher diploma, Certified in UAE VAT

Work experience

Total years of experience: 18 years, 5 months

Chief Financial Officer

November 2023 - Present

AI 12 DMCC

Dubai, United Arab Emirates

November 2023 - Present

► Oversee all accounting operations, including revenue recognition and matching costs, taxes and payroll.
► Maintain fixed assets register and respective costs.
► Manage the group payments by monitoring, checking and conducting all supplier payment related procedure in accordance with contract specifications and group accounting standards and policies.
► Manage the group Receivables by monitoring, checking and conducting all intra group receivables related procedure in accordance with group accounting standards and policies.
► Prepare and analyze financial statements (P&L, balance sheet, cash flow) in accordance with IFRS and UAE regulations.
► Implement and maintain effective internal controls and ensure compliance with financial policies.
► Manage the budgeting and forecasting process, providing accurate and timely insights.
► Conduct variance and gap analysis and identify cost-saving opportunities.
► Monthly, quarterly and yearly group reporting.
► Liaise with internal and external auditors and ensure smooth completion of audits.
► UAE VAT registration, preparation and timely declaration.
► Corporate tax registration, preparation and timely declaration.
► FTA and Bank correspondence and coordination on behalf of the company.
► Ensure compliance with DMCC regulations and financial requirements.
► Remain up to date with the latest guidance, ministerial decisions and clarifications issued by the FTA

Company industry:
Insurance & TPA

Accounting Manager

January 2013 - November 2023

Maaloomatiia Group

Beirut, Lebanon

January 2013 - November 2023


Procured and implemented the company’s accounting system in 2013 that was in compliance with the Lebanese laws and maintained it for 10 years.

Single-handedly working for 10+ years on daily operations (account receivables, accounts payables, collections and payments, bank reconciliations, cashflow, onboarding and preparing payrolls for 50 employees), preparing income statements and balance sheet reports on a monthly basis for 3 companies in Lebanon and 1 company in Dubai.

Working on quarterly requirements for tax declarations and yearly audit requirements.

Suggested strategies to minimize cost by more than 35% and retain employees during the Lebanese economic crisis and the global pandemic that were successfully implemented and helped alleviate doubts about the company’s ability to continue as a going concern which in turn led to the company being seriously considered for acquisition as per the owners’ aspiration during that time.

Worked solely to meet the due diligence requirements of a team of 5 prior to Maaloomatiia Arabian Gulf’s acquisition.

Collaborated with Midis’ finance team to implement the group’s new policies and achieved full company integration by January 2023

Handling the finance aspect of SalesForce along with the sales team and project managers.

HR tasks from 2013 to 2021 (excluding recruitment)

Company industry:
Software Development
Job role:
Accounting and Auditing

Accounting Manager

January 2013 - November 2023

Maaloomatiia Group/Midis Group

Kaslik, Lebanon

January 2013 - November 2023

► Procured and implemented the companys accounting system in 2013 that was in compliance with the Lebanese laws and maintained it for 10 years.
► Single-handedly working for 10+ years on daily operations (account receivables, accounts payables, collections and payments, bank reconciliations, cashflow, onboarding and preparing payrolls for 50 employees), preparing income statements and balance sheet reports on a monthly basis for 3 companies in Lebanon and 1 company in Dubai.
► Working on quarterly requirements for tax declarations and yearly audit requirements.
► Suggested strategies to minimize cost by more than 35% and retain employees during the Lebanese economic crisis and the global pandemic that were successfully implemented and helped alleviate doubts about the companys ability to continue as a going concern which in turn led to the company being seriously considered for acquisition as per the owners aspiration during that time.
► Worked solely to meet the due diligence requirements of a team of 5 prior to Maaloomatiia Arabian Gulfs acquisition.
► Collaborated with Midis finance team to implement the groups new policies and achieved full company integration by January 2023
► Handling the finance aspect of SalesForce along with the sales team and project managers.
► HR tasks from 2013 to 2021 (excluding recruitment)

Company industry:
IT Services

Auditor and Manager

August 2012 - December 2012

Mr. Hicham Mkanna – Auditing Office

Jdeideh, Lebanon

August 2012 - December 2012

► Successfully lead ateam of 4 accountants with their daily tasks.
► Assisted with the tax calculations, financial reporting, and declarations of 80 establishments.
► Field auditor for 8 companies

Company industry:
Financial Auditing

Accountant and Auditor

February 2012 - December 2012

UCAA & Hicham Mekanna

Beirut, Lebanon

February 2012 - December 2012


Successfully lead a team of 4 accountants with their daily tasks.

Assisted with the tax calculations, financial reporting, and declarations of 80 establishments.

Field auditor for 8 companies

UCAA

Junior auditor for 4 companies

Booked and reconciled 3 years’ worth of journal entries for 1 company in 6 months to generate suitable and accurate financial statements that are in compliance with the Lebanese laws that led to a proper government declaration in years.

Became well informed with value added tax, income tax, social security, and end of year adjustments.

Company industry:
Accounting
Job role:
Accounting and Auditing

Accountant and Junior Auditor

February 2012 - August 2012

UCAA

Jdeideh, Lebanon

February 2012 - August 2012

► Junior auditor for 4 companies
► Booked and reconciled 3 years worth of journal entries for 1 company in 6 months to generate suitable and accurate financial statements that are in compliance with the Lebanese laws that led to a proper government declaration in years.
► Became well informed with value added tax, income tax, social security, and end of year adjustments.

Company industry:
Accounting

accountant

April 2010 - January 2012

Zoughaib Jewellery design

Kaslik, Lebanon

April 2010 - January 2012


Check and control the daily sales of 12 branches in Lebanon as well as the value added tax on sales.

Inventory control

Control and record gold purchases from customers

Reduced processing time by more than 40% in the first 2 months as I worked swiftly, efficiently, and accurately and personally offered to take on more tasks relating to purchasing, accounts payable, and reconciliation.

Company industry:
Jewelry & Gold
Job role:
Accounting and Auditing

Member of the Accounting Team

April 2010 - January 2012

Zoughaib Jewelry Design

Kaslik, Lebanon

April 2010 - January 2012

► Check and control the daily sales of 12 branches in Lebanon as well as the value added tax on sales.
► Inventory control
► Control and record gold purchases from customers
► Reduced processing time by more than 40% in the first 2 months as I worked swiftly, efficiently, and accurately and personally offered to take on more tasks relating to purchasing, accounts payable, and reconciliation.

Company industry:
Sales Outsourcing

Accountant

March 2009 - March 2010

SKAFF Group

Mansourieh, Lebanon

March 2009 - March 2010

► Responsible for invoicing and collections for 5 branches in Lebanon and a branch in Dubai
► Accounting for purchases, and freights

Company industry:
Textile & Apparel Production

Accountant

January 2008 - February 2010

Mouawad group and SKAFF

Beirut, Lebanon

January 2008 - February 2010

SKAFF

Responsible for invoicing and collections for 5 branches in Lebanon and a branch in Dubai

Accounting for purchases, and freights

Mouawad

Gained the owner and manager’s trust in few months to manage the jewelry store alone.

Company industry:
Textile & Apparel Production
Job role:
Accounting and Auditing

Accountant and Assistant to store manager

January 2008 - March 2009

Mouawad Jewelry

Kaslik, Lebanon

January 2008 - March 2009

► Gained the owner and managers trust in few months to manage the jewelry store alone.

Company industry:
Jewelry & Gold

Education

The Association of Taxation Technicians & PWC Academy

May 2024

May 2024

Higher diploma, Certified in UAE VAT

United Arab Emirates

Association of International Certified Professional Accountants

March 2024

March 2024

Higher diploma, CPA

United States

GPA (percentage): 85.5%

GPA (percentage): 85.5%

Became a Certified Public Accountant on a personal initiative as of March 2021 after passing all exams from the first attempt with an average score of 85.25%. 92% score on the Financial Accounting and Reporting part
View attachment

science & technology university of Lebanon

January 2024

January 2024

Bachelor's degree, accounting

Lebanon

GPA (point): 3.65 out of 4

GPA (point): 3.65 out of 4

public highschool of Jbeil

January 2024

January 2024

High school or equivalent, economics and sociology

Lebanon

economics and sociology

Association of International Certified Professional Accountants

March 2021

March 2021

Higher diploma, Certified Public Accountant

Lebanon

AUL

January 2012

January 2012

Bachelor's degree, Bachelor's Degree in Accounting and Auditing

Lebanon

Skills

Accounting
Expert
Accounting
Expert
Tax Accounting
Expert
Tax Accounting
Expert
Financial Reporting
Expert
Financial Reporting
Expert
GAAP
Expert
GAAP
Expert
IFRS
Expert
IFRS
Expert
payables
Expert
payables
Expert
IFRS
Expert
IFRS
Expert
Quarterly Reviews
Expert
Quarterly Reviews
Expert
forecast
Expert
forecast
Expert
budgeting
Expert
budgeting
Expert
product costing
Intermediate
product costing
Intermediate
cash flow
Expert
cash flow
Expert
Attention to Detail
Expert
Attention to Detail
Expert
Analytical Skills
Expert
Analytical Skills
Expert
Value Added Tax
Expert
Value Added Tax
Expert
corporate tax
Expert
corporate tax
Expert
Organization Skills
Expert
Organization Skills
Expert
Fixed Assets
Expert
Fixed Assets
Expert
ACCOUNTING
Expert
ACCOUNTING
Expert
ACCOUNTS PAYABLE
Expert
ACCOUNTS PAYABLE
Expert
COLLECTIONS
Expert
COLLECTIONS
Expert
BALANCE SHEET
Expert
BALANCE SHEET
Expert
BANK RECONCILIATIONS
Expert
BANK RECONCILIATIONS
Expert
DUE DILIGENCE
Expert
DUE DILIGENCE
Expert
ONBOARDING
Expert
ONBOARDING
Expert
OPERATIONS
Expert
OPERATIONS
Expert
SALESFORCE.COM
Expert
SALESFORCE.COM
Expert
INTEGRATION
Expert
INTEGRATION
Expert
balance sheet
Expert
balance sheet
Expert
receivables
Expert
receivables
Expert
GAAP
Expert
GAAP
Expert
financial statements
Expert
financial statements
Expert
Cash Flow Forecasting
Expert
Cash Flow Forecasting
Expert
group compliance
Expert
group compliance
Expert
Risk Assessment
Expert
Risk Assessment
Expert
Auditing Standards
Expert
Auditing Standards
Expert
Annual Budgeting
Expert
Annual Budgeting
Expert
Executive Management
Expert
Executive Management
Expert
Tax Reporting
Expert
Tax Reporting
Expert
Capital Expenditures
Expert
Capital Expenditures
Expert
Enterprise Resource Planning (ERP)
Expert
Enterprise Resource Planning (ERP)
Expert
Tax Compliance
Expert
Tax Compliance
Expert
Cost Variance Analysis
Expert
Cost Variance Analysis
Expert
Problem Solving
Expert
Problem Solving
Expert
Business Continuity
Expert
Business Continuity
Expert
Month-End Close Process
Expert
Month-End Close Process
Expert
Planning Budgeting & Forecasting
Expert
Planning Budgeting & Forecasting
Expert
Accounting
Expert
Accounting
Expert
Tax Accounting
Expert
Tax Accounting
Expert
Management
Expert
Management
Expert
Human Resources
Expert
Human Resources
Expert

Languages

Arabic

Native Speaker

English

Expert

French

Intermediate

Training and Certifications

Certifications
CPA

Hobbies and interests

reading
interests in helping animals
movies
painting