Mohamad Faytrouni

• Lead Finance, Internal Audit and HR functions.
• Manage accounting operations, reporting and cash flow.
• Strengthen internal controls and business processes.

The office is a famous and reputable accounting and auditing firm in Tripoli.
I was reporting to the General Manager (CPA), I managed a team of 6 experienced accountants and auditors, plus the accountants of our clients.
June 2014 - March 2020
Main responsibilities:
● Plan financial audits by understanding organization objectives, structure, policies, processes, internal controls, and external regulations.
● identify risk areas; prepare audit scope and objectives; prepare audit programs.
● Assess compliance with financial regulations and controls by executing audit program steps; testing general ledger, account balances, balance sheets, income statements, and related financial statements; examining and analyzing records, reports, operating practices, and documentation.
● Assess risks and internal controls by identifying areas of non-compliance; evaluating manual and automated financial processes; identifying process weaknesses and inefficiencies and operational issues.
● Verify assets and liabilities by comparing and analyzing items and collateral to documentation.
● Complete audit work papers and memoranda by documenting audit tests and findings.
● Communicate audit progress and findings by providing information in status meetings.
● Highlight unresolved issues, review working papers; prepare final audit reports.
● Improve protection by recommending changes in management monitoring, assessment, and motivational practices, in the internal control structure, and in operating processes; identifying root causes.
● Provide financial control information by collecting, analyzing, and summarizing data and trends.
● Protect organizations’ reputation by keeping information confidential.
● Update job knowledge by participating in educational opportunities and exhibitions in the area.

Main achievements:
- Very clear tax declaration and resolve discrepancies
- Present high-level consultancy to the clients for their business decision making
- Helped clients to develop Cash Flows and resuscitate their selves
- Expanding the work area by attracting new clients thanks to the office’s good reputation

It is a famous company of providing end-to-end turn-key solutions in Data Centers & Power, Fire & Security, Command & Control centers, Low Current systems, Automation, Maintenance and Networking.
April 2011 - April 2014
Responsibilities:
• Manage a group of Accountants.
• Manage full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting...
• Revise day to day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow
management reporting.
• Review & approve payment vouchers & journal entries
• Perform cash flow forecasting, budgeting and working closely with the operations and project
teams in analyzing margins, variances and cost analysis.
• Issue project cost reports for review and approval.
• Develop / maintain internal control and effective accounting system and policies for the set up.
• Establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns
• Work consultatively with the respective departments on cost reduction initiatives

Responsibilities:
- Prepare financial statements and reports for clients or company management
- Record the amount of money spent and received daily by clients or company management
- Develop, forecast and check budgets
- Ensure compliance with tax & Zakat legislation
- Advise on financial aspects of businesses such as budgets, Zakat and cash flows
- Review accounting procedures and analyze financial performance of business
- Assist management with strategic planning and human resources (HR).

- Overseeing the accounting department in all its functions, duties and responsibilities
- Contacting clients for collections
- Handling suppliers’ accounts (Purchase orders, deliveries, invoices)
- Maintaining and performing monthly reconciliations (specially Banks, Major 3rd parties)
- Handling all Bank transactions (C/A, L/G, L/C...)
- Handling administrative controls
- Monitoring overheads
- Registering Fixed Assets
- Coordinating with external auditors
- Managing stocks & projects’ cost control
- Price monitoring
- Reporting Stock movements
- Monitoring stock and warehouses’ movements
- Allocating costs by project & cost center.
- Preparing monthly financial statements: Budget, P&L, Balance sheet, Ongoing projects…
- Filing of periodical Taxation, VAT declaration, NSFF.
- Monitoring of budget & cash flow.
- Issuing reports specific to the company line of business & financial analysis