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CONSULTANT (DEALS AND FINANCIAL RESTRUCTURING)

ALEC DIB

Alec has over 16 years experience in financial management, accounting, internal audit within the banking & financial services industry. He is adept at client management and has experience working in cross-functional teams in order to drive results. While he has worked primarily in the banking & financial services sector, Alec also has a range of experience in other sectors such as agriculture, health & wellness and manufacturing. He is fluent in both Arabic and English.

Experience & Activities

Alec currently works as a financial manager at a prominent group in Qatar. His duties included review of the financial information and reports prepared by the accountants. By analyzing daily collections and seasonal trends, he was able forecast the financials of the company. This led to cashflow management such that the company could meet its liabilities and vendor payments were made in a timely manner.

Alec also independently presented robust financial reports to management and stakeholders which helped them make decisions that improved the financial health of the company. A recommendation he made was alteration of the compensation formula of trainers in a way that benefitted the company as well as the employees.

Alec also spearheaded a shift in accounting policies and processes such that the productivity of members of the finance team improved. Alec worked closely with the IT department to overcome shortcomings of the company software in order to extract the relevant data required for accurate and timely reporting. Along with the CFO, he was also responsible for preparing, reviewing and managing the budget of the company and to highlight any deviation of expenses. Alec was also responsible for the group receiving its first unqualified audit report in three years.

Previously, Alec worked as a senior auditor at the Bank of Beirut in Lebanon. He oversaw audit planning and reporting communicating this directly to the management. He reviewed audit work papers prepared by the audit staff in order to ensure sound audit theory and comply with the department’s methodology. He ensured the department followed the appropriate policies and procedures in line with in-house systems and controls. He managed a team of auditors and was responsible for their training and evaluation. He also worked previously as the assistant branch manager of Byblos Bank in Lebanon. He was responsible for promoting, developing and managing on a daily basis the retail business of the branch. In liaison  with the treasury department, he coordinated and finalized reconciliations of foreign exchange and capital markets.

Alec has a Bachelors in IT management from the University of Balamand in Lebanon and a Masters in Business Administration from Sagesse University in Lebanon.