Zaid Farhan

Key Responsibilities & Achievements

• Oversee preparation of financial statements in compliance with accounting standards and ensure accuracy of financial reporting.
• Led audits by coordinating with external auditors and addressing inquiries effectively.
• Developed and implemented internal controls to mitigate financial risks.
• Cooperated with senior leaders to create operating budgets and initiate financial planning.
• Streamlined budgeting processes, improving efficiency in resource allocation across departments.
• Reduced month-end closing time by meticulously organizing and reviewing ledger entries for consistency.
• Worked as Accounting Team Lead, delegating tasks and following up on different orders.
• Ensured regulatory compliance with IFRS standards, staying current on updates and integrating changes into practices.
• Streamlined accounts payable processes, reducing payment cycle times by automating invoice processing.
• Summarized and prepared financial status and transaction reports, including profit and loss statements and other key reports.
• Created and analyzed liabilities and assets by compiling electronic data and required documentation.
• Analyzed gaps in accounting processes and initiated an innovative program to compile company assets, reducing depreciation.
• Managed month-end close processes, ensuring timely and accurate financial reporting.
• Managed monthly prepaid, accrued, and provision journal entries.
• Maintained and balanced subsidiary accounts by verifying, allocating, posting, and reconciling transactions.
• Monitored and evaluated physical inventory counts to ensure accuracy.
• Tax preparation and review for both employee income tax and corporate tax, in coordination with governmental authorities.
• Guided junior accountants by answering questions and coordinating informational classes.
• Maintained financial data confidentiality and security.
• Contributed to the development of new or amended accounting systems, programs, and procedures.
• Supported month-end and year-end close processes, assisting with annual audit preparations.
• Spotted errors and suggested ways to improve efficiency and spending.
• Worked alongside sales department executives and management to set and implement sales incentive programs.
• Assisted in work injury cases with Social Security.
• Managed month-end close processes, ensuring timely and accurate financial reporting.
• Oversaw preparation of financial statements in compliance with accounting standards.
• Managed month-end close processes, ensuring timely and accurate financial reporting.

• Prepare & follow up daily transactions within company procedures and proper documentation, (Vouchers, Payments, receivables and other transactions)
• Prepare payroll within low requirements for social security, income tax and other company regulations
• Follow up on the accounts Payables and Receivables and the status of balance on monthly basis and provide finance manager with reports, notes and recommendations for payables and receivables status
• Follow up on the cash liquidity situations in banks for the company as per management instructions.
• Assure that all transaction entered within IFRS instructions
• Bank Reconciliations and any other reconciliation reports needed for the accounts Cover all other required missions related to accounting dep.
• Control and follow up the goods, do costing per job for each unit and apply the inventory controls.
• Communicate and work directly with clients, banks and auditors for all accounting related
• Oversaw preparation of financial statements in compliance with accounting standards.
• Developed and implemented robust internal controls to mitigate financial risks.

• Collaborated with other team members on special projects and events
• Delivered exceptional service by greeting and serving customers in a timely manner.
• Described use and operation of merchandise to customers.
• Worked as a team member to provide the highest level of service to customers.
• Stocked and restocked inventory when shipments were received.
• Supervision of staff engaged directly in sales process.
• Opened and closed the store, including counting cash.