Fadi Loutfi, Accountant, Audit and Stock Controller

Fadi Loutfi

Accountant, Audit and Stock Controller

Assiyana

Location
Lebanon - Beirut
Education
Bachelor's degree, Accounting
Experience
34 years, 8 Months

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Work Experience

Total years of experience :34 years, 8 Months

Accountant, Audit and Stock Controller at Assiyana
  • Lebanon - Beirut
  • January 2017 to May 2018

Assiyana is a company that helps busy business and home owners in handling property operations and maintenance concerns such as Facility Management, Cleaning Services, Ground Maintenance and Landscaping, Pest Control…

Key Deliverables:
• Compile data (contracts, purchase orders, invoices, requisitions, and accounting reports) and main-
tain inventory, purchasing and other records.
• Review records for accuracy of information and compliance with established procedures, trace
history of items to determine reasons for discrepancies and recommend remedial actions.
• Schedule special and periodic inventories and compile stock control records and information (con-
sumption rate, characteristics of items in storage, current market conditions) to determine stock
supply and need for replenishment.
• Prepare requisitions, orders and other documents for purchasing or requisitioning new or addition-
al stock items.
• Supervise and coordinate with Sub-Supervisors the activities of workers engaged in handling of
materials in stockroom or on sites, and advise employees on care and preservation of items.

Chief Auditor at United Maintenance & Construction Company
  • Saudi Arabia - Riyadh
  • April 2010 to December 2016

United Maintenance & Construction Company is a 40 years contracting company specialized in roads and infrastructure execution & maintenance as well as asphalt and aggregate production

Key Deliverables:
• Monitor & analyze receivables’ collection, and product costing.
• Monitor the design and development of control policies & procedures.
• Prepared several control reports such as (i.e. materials produced/ purchased against quantities delivered and executed)
• Lead several investigations that involved miss-use of company’s assets and resources.
• Prepared monthly and yearly management reports and financial statements while following-up.
• Review the accounting entries and functions which involved monitoring revenues, expenses, bank reconciliations, and clients’ & suppliers’ reconciliation.
• Prepare annual tax return and ensure annual tax payments are settled on time.

General Manager at Rainbow Fitness Club S.A.L
  • Lebanon - Beirut
  • February 2007 to February 2010

Rainbow Fitness Club is a 3, 600 m2 prestigious fitness club with a capital of $ 1.5 million and 25 employees.

Key Deliverables:
Manage business daily operations and analyze business strengths, weaknesses and opportunities.

Chief Accountant and Administration Manager at La Presse Distribution Co
  • Lebanon - Beirut
  • July 1996 to January 2007

La Presse Distribution Co. was a leading distribution company of several printing press magazines and newspapers.

Key Deliverables:
• In charge of day-to-day and end of the year transactions.
• In charge of reconciliation with suppliers, clients and banks.
• In charge of the receivables, its aging, collection, and monthly management reporting
• In charge of preparing financial statements and tax returns.
• Ensure compliance with laws and regulations.
• Prepare and negotiate new contracts.
• Recruit new employees.

Chief Accountant at Al Arza Chain of Restaurants
  • Lebanon - Beirut
  • January 1991 to June 1996

Al Arza owns and operates 3 restaurants with 70 employees along with catering service

Auditor & Accountant at Al Accad Accounting and Auditing Firm
  • Lebanon - Beirut
  • March 1986 to December 1990
Auditor & Accountant at Libano Suisse Insurance
  • Lebanon
  • August 1983 to January 1986

Education

Bachelor's degree, Accounting
  • at C.I.T. (Centre International du Technique)
  • September 1985

Specialties & Skills

CONTRACT MANAGEMENT
CUSTOMER RELATIONS
FINANCIAL STATEMENTS
MANAGEMENT REPORTING
TAX PLANNING
ACCOUNTANCY
BANK RECONCILIATION
CONTROL
FINANCE